King Cnut is remembered for stabilizing England, Denmark, Norway, and parts of Sweden and unifying the regions into one empire from 1016-1035 AD.
Humility was his hallmark trait, often illustrated by the tale of "King Cnut and the Waves," wherein Cnut had his throne placed on the seashore as the tide was coming in. Sitting upon his throne, he stretched out his hand and commanded the tide to recede. The ocean responded by continuing its advance, covering the king's feet and soaking his royal garments.
Cnut turned to the small audience accompanying him and said, "Let all men know how empty and worthless is the power of kings, for there is none worthy of the name, but He whom heaven, earth, and sea obey by eternal laws." He placed his crown upon a crucifix and never wore it again.
Scottsdale Mint based Cnut's coin design on actual Medieval drawings of him i.e. Same crown, hairstyle, scepter etc. His cloak clasp is actually a Quatrefoil coin design popular when Cnut was in power and the type he would have minted and similar to the ones stored today in the British Museum. Above him, written in Runic, says "Cnut Rex Anglorum" which in English is Cnut, King of England.