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ME658 - Harthacnut (in England: Joint king with Harold I 1035-37, Sole King 1040-1042, in Denmark: Joint King with Cnut 1026-35, Sole King 1035-1042), Danish Issue, Silver Penny, 1.04g., 19mm, Lund mint (Lund, Skåne (now Sweden)), moneyer Theodred, coiled serpent +HARÐECNVT RE, rev., curvilinear shield with pellets, pellets in the angles, +Ð:EODRED ON LVN, (Hauberg type 1), very small edge striking crack on rim at 6 o'clock, good very fine, toned, with a clear regal, mint and moneyers name, good style. $1195 SOLD

It has been suggested that this issue was struck during Cnut's lifetime, as it is also appears in his name and belongs to the period after Cnut's military expeditions in Norway and Sweden, when Harthacnut was raised to the rank of joint king in Denmark. The latter half of Cnut's reign is characterized by an abandonment of coin designs based upon English prototypes and the adoption of designs that draw on ideas from indigenous Danish culture. The coiled serpent on the obverse is perhaps identifiable with the Jörmungandr (World Serpent) from pre-Christian Norse mythology that encircles the earth.