The first Sterling Area
Bibliographic Data
| ID | 3429575 |
|---|---|
| Authors | Martin Allen (0000-0001-8786-6429, Fitzwilliam Museum, University of Cambridge, corresponding author) |
| Year | 2017 |
| Volume | 70 |
| Issue | 1 |
| Pages | 79-100 |
| Publication date | 2017-02-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ehr.12330 |
| OpenAlex | W2404204313 |
| Language | EN |
| Citations received | 1 |
| References cited | 26 |
Between the eleventh century and mid-thirteenth century a Sterling Area evolved in the British Isles, with a common currency based upon the English silver penny and equivalents of it produced in Scotland and Ireland. This Sterling Area began to contract in the second half of the fourteenth century, when reductions in the bullion content of Scottish coins ended the equivalence of the English and Scottish currencies, and in the fifteenth century Ireland developed its own coinage. Estimates of the currency of the Sterling Area are provided, taking the chronology of its growth and contraction into account. Estimates of the sterling currency are not estimates of the currency of England, and they cannot be combined with data relating exclusively to England in economic modelling, without qualification. Per capita currency estimates and values of coin hoards and single coin finds are at a high level around 1400, falling in the second half of the fifteenth century, indicating that the European 'bullion famine' of the 1390s toc. 1415 had less effect on the currency than the second late medieval bullion crisis, from the 1430s to the 1460s
Ancient history · Archaeology · Bullion · Currency · Economic history · Economics · Economy · Eleventh · Fifteenth · Geography · Monetary economics · Pound Sterling · Historical Economic and Social Studies · Historical Studies of British Isles · History · Medieval Literature and History
Money and its Use in Medieval Europe
The Dun Lagaidh Hoard of Short Cross Sterlings
Sterling and Usual Money of Scotland
Mints, Dies and Currency
Roman and medieval coins found in Scotland, to 1987
Roman and medieval coins found in Scotland, 2001-2005
The evidence of finds for the circulation and use of coins in medieval Scotland
A late 14th-century coin hoard from Tranent, East Lothian
The Late Medieval Bullion Famine Reconsidered
Found coins as indicators of coins in circulation
Prices in England, 1170-1750
The Great Bullion Famine of the Fifteenth Century
Population, Money Supply, and the Velocity of Circulation in England, 1300-1700
The Volume of the English Currency, 1158-1470
Benchmarking medieval economic development
A Commercialising Economy
The Commercialisation of English Society, 1000-1500
| Citations per year | 0.13 |
|---|---|
| Citation span | 2018 - 2018 (1) |
| Highly cited | No |