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Kings, crisis and coinage reforms in the mid‐eighth century
Author(s) -
NAISMITH RORY
Publication year - 2012
Publication title -
early medieval europe
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.1
H-Index - 24
eISSN - 1468-0254
pISSN - 0963-9462
DOI - 10.1111/j.1468-0254.2012.00345.x
Subject(s) - bullion , kingdom , general partnership , recession , economic history , history , economy , political science , ancient history , economics , archaeology , law , keynesian economics , paleontology , biology
Between 740 and 770 coin reforms occurred in five north‐west European kingdoms: Northumbria, East Anglia, Francia, Kent and Mercia. Comparison between them highlights important common features, especially the advent of a more explicit royal role in the supervision of minting than had hitherto prevailed. Precipitated by a substantial downturn in production probably resulting in part from shortfalls in bullion supply, the new coin issues stem from a partnership between the king and other agencies: moneyers in the Anglo‐Saxon kingdoms; secular magnates in Francia. These coinages provide an insight into international connections and local adaptation, grounded in the economic role of coinage and a complex administrative background.