Coins from Denmark before 1448

Over 1,000 years ago the first Danish coin have been coined in the town - Hedeby, which was an important merchant city near to todays Slesvig city in Germany.

The coin has runic inscriptions because the Vikings used the runic alphabet.

In 1995 the Danish Royal Mint celebrated the 1,000 years jubilee by coining a 20 Kroner and a 200 Kroner coin. The reverse of the coins have the same style as the original one from 995 AC.

The Danish system of coins was laid down as shown in the following scheme:

Before 1397
	240	Penninge	=	24	Ørtug	= 8 Øre = 1 Mark = 216 g Silver
From 1397
	192	Penninge	=	16	Skilling	= 1 Mark = 230 g Silver
	6	Penninge	=	1	Søsling
	4	Penninge	=	1	Hvid
	3	Penninge	=	1	Sterling

About 1230 king Valdemar 2., who was king of Denmark from 1202 to 1241, coined a Penning in Ribe.