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IMC 2011: Sessions

Session 1021: Making the World Go Round: Coinage, Currency, Credit, Recycling, and Finance in Medieval Europe, I

Wednesday 13 July 2011, 09.00-10.30

Sponsor:SMC @ IMC: Studies in Medieval Coinage at Leeds International Medieval Congress
Organiser:Tony Abramson, Institute for Medieval Studies, University of Leeds / Department of Archaeology, University of York
Moderator/Chair:Tony Abramson, Institute for Medieval Studies, University of Leeds / Department of Archaeology, University of York
Paper 1021-aMonetary Circulation in 10th-Century Viking York
(Language: English)
Megan Gooch, Department of History, Durham University
Index terms: Economics - Urban, Numismatics
Paper 1021-bThe Production of Coinage in 11th-Century Dublin
(Language: English)
Andrew Woods, Department of Archaeology / Department of Coins & Medals, Fitzwilliam Museum, University of Cambridge
Index terms: Local History, Numismatics
Paper 1021-cGlobalised Monetary Systems of the Viking Age
(Language: English)
Hendrik Mäkeler, Uppsala Universitets Myntkabinett
Index terms: Economics - Trade, Numismatics
Abstract

Paper -a:
Coins were made and used in Viking York and its surrounding kingdom, but it is unclear to what geographical extent coins were used and how far Viking society of the tenth century was monetised. By looking at coin hoards, single finds and documentary evidence to understand where coins were found, how they were used and how many were in circulation, the functions of coinage in the Viking economy can be elucidated and compared to the situation in neighbouring kingdoms.

Paper -b:
Unhelpfully described as 'reduced weight' or 'degraded' imitations and with unintelligible legends, the coinage of eleventh- and twelfth-century Dublin is often unfairly overlooked. This paper proposes to assess whether this is valid by considering the nature of coinage production in the late Viking Age. In doing so, it will draw upon a corpus of hoard data in addition to the finds from Dublin's extensive excavations. The form of the coins themselves will be central, particularly the intensity and uniformity of their manufacture. The iconographical relationship between innovation and imitation will also be drawn into an analysis of Dublin's monetary economy.

Paper -c:
The medieval monetary system was globalised by and large, at least it covered most of the by then known world. However, the resulting implications have never been studied systematically before. Yet, there is a sincere economic interest in international monetary systems that were in exist before the idea of sovereignty arose: A globalised economy, where institutions and states alike are losing their power to steer capital flows, can profit a lot from lessons learned by societies a thousand years ago, equally lacking all-embracing power structures. This is especially valid for Viking Age monetary systems as Anglo-Saxon and German coinages circulated to a high degree far distant from their place of origin. The same is true for modern U.S.-Dollar-banknotes, too…