London (England) -- Description and travel; London (England) -- History -- 16th century -- Sources; London (England) -- Surveys
The first great sum that I read of to be paid in easterlings was in the
reign of Richard I., when Robert, Earl of Leicester, being prisoner
in France, proffered for his ransom a thousand marks easterlings,
notwithstanding the easterling pence were long before. The weight of the
easterling penny may appear by divers statutes, namely, of weights and
measures, made in the 51st of Henry III. in these words: “Thirty-two
graines of wheat, drie and round, taken in the middest of the eare,
shoulde be the weight of a starling penie, 20 of those pence should
waye one ounce, 12 ounces a pound Troy.” It followeth in the statute
eight pound to make a gallon of wine, and eight gallons a bushel of
London measure, etc. Notwithstanding which statute, I find, in the 8th
of Edward I., Gregorie Rokesley, mayor of London, being chief master
or minister of the Kinge’s Exchange, or mintes, a new coin being then
appointed, the pound of easterling money should contain as afore twelve
ounces; to wit, fine silver, such as was then made into foil, and
was commonly called silver of Guthurons lane,[73] eleven ounces, two
easterlings, and one ferling or farthing, and the other seventeen pence
ob. q.[74] to be alloy. Also, the pound of money ought to weigh twenty
shillings and three pence by account; so that no pound ought to be
over twenty shillings and three pence, nor less than twenty shillings
and two pence by account; the ounce to weigh twenty pence, the penny
weight twenty-four grains (which twenty-four by weight then appointed
were as much as the former thirty-two grains of wheat), a penny force
twenty-five grains and a half, the penny deble or feeble twenty-two
grains and a half, etc.[75]
Now for the penny easterling, how it took that name I think good briefly
to touch. It hath been said, that Numa Pompilius, the second king of the
Romans, commanded money first to be made, of whose name they were called
_nummi_; and when copper pence, silver pence, and gold pence, were made,
because every silver penny was worth ten copper pence, and every gold
penny worth ten silver pence, the pence therefore were called in Latin,
denarii, and oftentimes the pence are named of the matter and stuff of
gold or silver. But the money of England was called of the workers and
makers thereof; as the florin of gold is called of the Florentines, that
were the workers thereof, and so the easterling pence took their name of
the Easterlings which did first make this money in England, in the reign
of Henry II.
Thus have I set down according to my reading in antiquity of money
matters, omitting the imaginations of late writers, of whom some have
said easterling money to take that name of a star, stamped in the border
or ring of the penny; other some of a bird called a star or starling
stamped in the circumference; and other (more unlikely) of being coined
at Strivelin or Starling, a town in Scotland, etc.
Public-domain text, read in full here on John Shaqi.
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