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c. 750 – 14 October 1066: the silver coinage of sceattas petered out in Southumbrian England in the middle of the 8th century, to be replaced by a broader, thinner model of silver coinage modelled on that of contemporary Carolingian coinage. These new coins carried legends naming the king, moneyer and (later) the mint of origin.
Moneyers were personally responsible for maintaining the weight (at this time, 20 to 22 grains, 1.3 to 1.6 grams) and the silver fineness of the coins they produced — there are several recorded instances of moneyers who produced short-weight coins being mutilated or occasionally executed.
At the time of the 1702 London Mint Assay by Sir Isaac Newton, the silver content of British coinage was defined to be one troy ounce of sterling silver for 62 pence, or 502 mg per penny. Therefore, the value of the monetary pound sterling was equivalent to only 3.87 troy ounces (120 g) of sterling silver. This was the standard from 1601 to 1816.
The Economics of English Mining in the Middle Ages is the economic history of English mining from the Norman invasion in 1066, to the death of Henry VII in 1509. England's economy was fundamentally agricultural throughout the period, but the mining of iron, tin, lead and silver, and later coal, played an important part within the English medieval economy.
A silver boom occurred in England after the discovery of silver near Carlisle in 1133. Huge quantities of silver were produced from a semicircle of mines reaching across Cumberland, Durham and Northumberland – up to three to four tonnes of silver were mined each year, more than ten times the previous annual production across the whole of ...
5,000-year-old silver ring found in Oman gives peek into ancient culture, experts say. Aspen Pflughoeft. November 9, 2022 at 8:00 AM. Photo from Oman's Ministry of Heritage and Tourism.
1066 was a common year starting on Sunday of the Julian calendar, the 1066th year of the Common Era (CE) and Anno Domini (AD) designations, the 66th year of the 2nd millennium and the 11th century, and the 7th year of the 1060s decade. As of the start of 1066, the Gregorian calendar was 6 days ahead of the Julian calendar, which was the ...
The manufacture of coins in the Roman Republic, dating from about the 4th century BCE, significantly influenced the later development of coin minting in Europe. The origin of the word "mint" is ascribed to the manufacture of silver coin at the temple of Juno Moneta in 269 BCE Rome. This goddess became the personification of money, and her name ...