(November 29, 2024) This rune stick looks like the head and shoulders of a person or a personified deity suggesting its use in a secret ritual (Christianity was dominant at the time). It came out of an archaeological dig at Medieval Park in Oslo. It came out of a stratigraphic layer dated to 1200 CE which makes it one of the oldest runic examples ever found.
Ida Irene Bergstrøm (14 February 2022) New runic find from medieval Oslo – this time it’s a name tag. In Science Norway, online at: https://www.sciencenorway.no/archaeology-medieval-history/new-runic-find-from-medieval-oslo-this-time-its-a-name-tag/1983007
Photo of rune stick from Bergstrøm (February 2022). Letter assignments by Olmsted
Image of previous translation attempt by Kristel Zilmer at the University of Oslo. Source: Bergstrøm (February 2022).
Kristel Zilmer translated this as "Ásbjǫrn á mik" meaning "Asborn owns me."
The main problem is that all her letter assignments are incorrect except for the middle Y/I and last K. She is seeing the letters NQ as being the letters N A M where A and M form a bind rune - yet instead of both being a part of a single word which is what bind runes indicate, she separates them into separate words. Also the letter N is not a stick with one declining angled line. The letter N is either a line pair connected by an X shape or a letter which looks like the modern English N.
The other problem is that it is primary a name which is not a translation due it allowing any cluster of letters.