Medieval Coinage

When Edward I hanged Jewish merchants for coin clipping in 1277, confiscating their goods and disinheriting their children, he was making a comment not only on the state of his own treasury, but on the economics of medieval life. Over the previous centuries, coinage–having been scarce once the Romans left Britain–had become more and more important in trade throughout England. Edward the Elder (c. 902-925 AD) ordered: “there be one money over all the king’s dominion, and that no man mint except within port. And if the moneyer be guilty, let the hand be struck off with which he wrought that odense, and be set up on the money-smithy; but if it be an accusation, and he is willing to clear himself, then let him go to the hotiron, and clear the hand therewith with which he is charged to Read more…