The Norwegian Crown and Its History

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Exquisite diamond crown and earrings displayed on a wooden surface, showcasing elegance and luxury.
Credit: pexels.com, Exquisite diamond crown and earrings displayed on a wooden surface, showcasing elegance and luxury.

The Norwegian Crown has a rich history that spans centuries. It's a symbol of the country's sovereignty and has been passed down through generations of monarchs.

The current Norwegian Crown Jewels are a collection of precious stones and metals that have been gathered over the years, with the first recorded mention of the crown dating back to the 14th century.

The Crown

The Crown is an iconic symbol of Norway's rich history and heritage. It's a symbol that's closely tied to the country's royal family and its role in shaping the nation's identity.

The Norwegian Crown Jewels are housed in the National Museum of Art, Architecture and Design in Oslo, where they're on display for the public to see. The Crown Jewels include the Norwegian Crown, which is a stunning piece of craftsmanship that dates back to the 18th century.

The Crown is a symbol of the monarch's power and authority, and it's been used in various ceremonies and events throughout Norwegian history.

Stolen Royal Crown

Beautiful Woman Wearing a Crown Head Jewelry
Credit: pexels.com, Beautiful Woman Wearing a Crown Head Jewelry

The Norwegian Royal Crown was stolen by Archbishop Olav Engelbrektsson in 1537. He took the crown, a sword, and an axe with him when he fled Norway.

The crown was last seen in Norway during the coronation of King Sverre in 1194, and it's believed to have been used by subsequent monarchs for over 100 years. It was probably in poor condition by the 1250s.

King Haakon IV had a new crown made in London in 1252, which became the standard royal crown for Norwegian monarchs. This crown was so flashy and beautiful that it was used for centuries.

The old crown was kept in the Nidaros Cathedral in Trondheim from 1388, but its whereabouts are now unknown. It's possible that Olav Engelbrektsson melted it down for gold to live off of after he fled Norway.

Take a look at this: Buy Crown Royal Lemonade

Crown

The Crown of Norway is a stunning piece of history, made in Stockholm in 1818 by goldsmith Olof Wihlborg. It's a corona clausa, consisting of a ring carrying eight hoops made of gold and surmounted by a monde of blue enamel and an amethyst cross on top of it.

On a similar theme: Dental Crowns Made

Boy Wearing Crown Statue
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The Crown weighs 1500 grams and has a height of 24.5 cm, a diameter of 18.5 cm by 20.7 cm. Its front is adorned with a huge green tourmaline, a gift of the Brazilian consul in Stockholm to King Charles III Johan.

The Crown is decorated with many pearls and gemstones, including amethysts, chrysoprases, a topaz, and an alexandrite. Its splendid colors and richly elaborated ornaments make it typical of the Empire period.

The Crown has been used at four coronations and has had a prominent place at two benedictions. It's also been placed on the coffin of the deceased monarch since King Carl Johan's death in 1844.

The Royal Regalia of Norway includes three crowns, two orb and scepters, the sword of state, the anointment horn, and a marshal's baton. Here's a brief overview of the individual crowns:

  • Crown of Norway
  • King's Crown
  • Queen's Crown

Norway's Currency

Norway's Currency is called the Norwegian Kroner, which is the official currency of Norway. The Kroner is a Nordic translation of the Latin word 'Corona', meaning Crown.

Norwegian Elkhound Dog Close-Up Photo
Credit: pexels.com, Norwegian Elkhound Dog Close-Up Photo

The Norwegian Kroner is managed by Norges Bank, the country's central bank. This is the same bank that oversees the country's monetary policy.

One of the most interesting things about the Norwegian Kroner is that it has a subunit called the øre, although it's no longer in use. This is a leftover from the past when the øre was a common unit of currency.

The Norwegian Kroner comes in various denominations, including 50 kr, 100 kr, 200 kr, and 500 kr banknotes. These are the common banknotes you'll find in circulation.

Here are some common coins you'll find in Norway:

  • 1 kr
  • 5 kr
  • 10 kr
  • 20 kr

The currency symbol for the Norwegian Kroner is 'kr', and its currency code is NOK.

History

The Norwegian krone has a rich history that spans over a century. Introduced in 1875, it replaced the Norwegian speciedaler at a rate of 4 kroner = 1 speciedaler.

This marked Norway's entry into the Scandinavian Monetary Union, established in 1873. The union allowed for mutual exchangeability of Scandinavian currencies at par until 1914.

Majestic imperial crown displayed in a Vienna museum, showcasing intricate design and rich history.
Credit: pexels.com, Majestic imperial crown displayed in a Vienna museum, showcasing intricate design and rich history.

The krone was initially pegged to a gold standard of 2,480 kroner = 1 kilogram of pure gold, with 1 krone equaling 403.226 milligrams of gold. The gold standard was suspended from 1914 to 1916 and from 1920 to 1928.

In 1931, it was permanently suspended. The krone was then pegged to the pound sterling at 1 pound = 19.9 kroner in 1933.

During the German occupation of Norway in World War II, the krone was pegged to the Reichsmark at a rate of 1 krone = 0.6 Reichsmark.

George Murphy

Senior Assigning Editor

George Murphy serves as a seasoned Assigning Editor, overseeing a wide range of financial articles. His expertise lies in high-frequency trading strategies, where he provides in-depth analysis and insights to his readers. Under his guidance, the publication has garnered recognition for its authoritative and forward-looking coverage in the financial sector.

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