I’m from the United States and have two 1 Krone coins. Is there a reason that one has a hole? Thanks.

by Alert_Path_2787

18 comments

  2. I guess they changed the coin from 1949 to 1976. You can see the year on the bottom on the first pic. The one we use today also has a hole in it!

  3. The design has changed over the years. The one with hole was made from 1925 to 1951. Another series with hole was made from 1997 to this day.

  5. It has changed twice (at least). The one with the hole is from 1949, the other from 1976, and if you get a new one from 2025 it will have a hole. Currency has changed, the 1 krone is (I think) the only one to have had the same diameter for so long. [Valid currency today](https://www.norges-bank.no/tema/Sedler-og-mynter/gyldige-sedler-mynter/)[Not valid coins](https://www.norges-bank.no/tema/Sedler-og-mynter/utgaatte-sedler-mynter/myntar-1957-19912/)

    It actually seems like the 1 krone coin from 1976 is not valid, and I don’t think the one from 1949 is either.

  6. New design, it’s done sometimes. The current design is inspired by the older version on the left.

  9. Because it is the other way round, only has one whole on one side 🤠

  10. The reason for the design changes others have mentioned is that the first one had king Haakon the 7th, and the other one has king Olav V. Today we have king Harald the 5th. When there’s a new king we get new coins.
    Bills are different as they don’t have the king on them, and they are changed more often.

  12. They started with the holes in 1923 to separate the coins made without silver (1920/1924 and onwards) from the coins with silver (from before 1920/1923). Up to that point norwegian coins could be used in Sweden and Denmark (and vica versa). The coins with holes could only be used in Norway while the silver coins still was walid in S/DK. In 1951 all silver coins was gone from circulation and the norwegian coins was not possible to use in Sweden/Denmark anymore, so they did not need the holes anymore.

    Some of the coins Norway have today also got holes, but that is to help the blind people.

  14. As the value of the metal Krone alloy depreciates over time due to economic inflation, less metal alloy is used to proportionally represent the loss in value

  15. You can’t put a hole in the King’s head. That’s too dark, man.

  16. Note that the coins not only have different designs, but were minted under different kings. The coin from 1949 has the H7 insignia of Haakon 7, 1905-1957, while other has the portrait of Olav V. “Laffen”1957-1991.

  17. When our economy is bad, we punch holes in our coins to save money (metal)

Comments are closed.