The History of Currency, 1252 to 1896Shaw, William Arthur
History
The History of Currency, 1252 to 1896
Shaw, William Arthur
Money -- History
|1471 | 10.58 | .. | .. | .. | .. | .. | .. | .. | .. |1471 |
|1472 | .. | 11.13 | .. | .. | .. | .. | .. | .. | .. |1472 |
|1474 | .. | 10.97 | .. | 11.00 | .. | .. | .. | .. | .. |1474 |
|1475 | .. | .. | .. | .. | .. | .. | .. |10.41 | .. |1475 |
|1480 | 10.83 | .. | .. | .. | .. | .. | .. |10.87 | .. |1480 |
|1485 | 10.46 | .. | .. | .. | .. | .. | .. | .. | .. |1485 |
|1486 | .. | .. | .. | .. | .. | .. | .. |10.98 | .. |1486 |
|1488 | .. | .. | .. | 11.83 | .. | .. | .. | .. | .. |1488 |
|1495 | 10.46 | .. | .. | .. | .. | .. | .. | .. | .. |1495 |
|1497 | .. | .. | .. | .. | .. | .. | .. |10.01 | .. |1497 |
|1500 | .. | .. |10.975| .. | .. | .. | .. | .. | .. |1500 |
|1506 | .. | .. | .. | .. | .. | .. | .. |10.262| .. |1506 |
+-----+---------+-------+------+-------+--------+-----+----------+------+---------+-----+
Germany--_A_, as determined by the purchase prices of the two metals in
the Lübeck Mint. _B_, as determined by the Mint ordinances.
[Sidenote: ENGLAND: COINAGE OF 1344]
England.
Even before the adoption of a gold coinage by Edward III., England had
felt the effect of loss by exchange, owing to the introduction of gold
florins by means of the Flemish trade. In the Parliament of 1339, at
Westminster, complaint was made of the want of coinage. It was proposed
as a remedy--(1) that every merchant should bring in 40s. or more for
every sack of wool that he should import, and (2) that it should be
considered by the King and his council whether it might not be
advantageous to permit _florins de écu_ (of France), and florins of
Florence (i.e. gold), and other good florins to be current with the
_esterlings_ (i.e. the silver penny), "but only esterlings to be
compulsory for under 40s. value." In less than four years good money was
being carried out of the realm, and false money brought in at such a
rate that Parliament was seriously perplexed. In its debate on the
matter at Westminster, 1343, the result is thus stated: "All orders of
persons in the realm had loss for a long time, on account of the florins
which were delivered in payment in Flanders, bearing so high a value
there as to occasion a loss of one-third on all merchandise imported
thence." Certain goldsmiths of London were therefore ordered to be
called in to advise and to refine one or two of each kind of florin, so
as to rate the fine gold in them according to the true value. And it was
proposed that of this fine gold one kind of money should be made in
England and Flanders, provided the Flemings were willing, to be current
in both countries at such an alloy and value as should be determined by
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account