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Viking coinage was used during the Viking Age of northern Europe.Prior to the usage and minting of coins, the Viking economy was predominantly a bullion economy, where the weight and size of a particular metal is used as a method of evaluating value, as opposed to the value being determined by the specific type of coin.
The mixed Viking Cuerdale Hoard, deposited in England before c. 910, also contains 8,600 coins, as well as these ingots and pieces of jewellery and plate. Hacksilver from the medieval period, Museum für Hamburgische Geschichte, Hamburg, Germany. Viking age settlement, eighth to eleventh centuries; trade and raid routes are marked green.
The Vikings developed several trading centres both in Scandinavia and abroad as well as a series of long-distance trading routes during the Viking Age (c. 8th Century AD to 11th Century AD). Viking trading centres and trade routes would bring tremendous wealth and plenty of exotic goods such as Arab coins, Chinese silks, and Indian Gems.
Viking settlers in England found themselves in a more sophisticated coin-using economy than they were accustomed to at home; [3] consequently it is unsurprising that the first coins that can be associated with the Vikings in England are imitations of Alfred's coinage, particularly the 'London monogram' and 'two-line' types. These are very ...
The Ashdon Hoard is a hoard of Viking Age coins. [1] It was found in the parish of Ashdon in Essex and has been dated to c.895, providing the latest evidence for a bullion economy in East Anglia. [2] The hoard consists of 71 silver pennies.
The hoard is made up of silver – 186 coins (some fragmentary), 15 ingots and 7 pieces of jewellery, including arm-rings – and a scrap of gold. [1] It was buried after Alfred the Great defeated the Great Heathen Army led by Guthrum in 878, forcing the Danes to retreat north. [2]
The Vale of York Hoard, also known as the Harrogate Hoard and the Vale of York Viking Hoard, is a 10th-century Viking hoard of 617 silver coins and 65 other items. It was found undisturbed in 2007 near the town of Harrogate in North Yorkshire , England .
On the other hand, Dr C H V Sutherland, in his English Coinage 600 to 900, (B T Batsford Ltd, 1973), is firmly of the opinion that almost half the coins of the Cuerdale hoard were minted by the Vikings in Northumbria and that the treasure was the property of a Viking chief and was intended for his military or administrative needs.