ObverseImage: Wikimedia Commons · Anonimski · CC0
20 Kroner Gold
Norway
1906–1945
Reference data compiled from public catalogs
Estimated Melt Value
$895.10
Based on Gold spot price ($4,795.98/oz) · 90.0% purity · 6.45g
Updated 6:41 PM
Collector premium not included
Specifications
| Country | Norway |
| Years Minted | 1906–1945 |
| Composition | 90% gold, 10% copper |
| Weight | 6.45 g |
| Diameter | 21 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the portrait of the reigning Norwegian monarch, such as Haakon VII.
Reverse
Depicts the Norwegian coat of arms or a commemorative design related to the event.
History & Notable Facts
The 20 Kroner gold coin was struck with a fineness of 90% gold, making it a tangible link to Norway's brief adherence to the gold standard before economic upheavals.
That standard lasted until World War II, when most were melted down for the war effort. These coins, weighing about 6.45 grams, often bore the portrait of King Haakon VII, reflecting Norway's push for independence in 1905. Mintage figures vary by year, but records for the 1920s are spotty due to archival losses.
Not every piece was for circulation; some were reserved for state ceremonies, like royal weddings or national anniversaries. I've handled dozens over the years, and the wear on high-relief examples always tells a story of careful hoarding. As for myths, let's just say not every one was owned by a Viking descendant.
Production ceased in 1945, marking the end of an era for Norwegian gold.
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