W. C a r e w H a z l i t t Coinage of the European Continent
W. C a r e w H a z l i t t Coinage of the European Continent W. C a r e w H a z l i t t Coinage of the European Continent
44 The Coins of Europe Low Countries seem to have nothing anterior to 1475 m any metal or form. But after that period the principle was carried out very generally on the Continent. Denmark resorted to the practice in 1496, Brittany in 1498, Brandenburgh in 1500, Saluzzo in 1503, Savoy in 1508, Scotland in 1539, England in 1551. But the observance was by no means universal or invariable even among those nations which introduced it. The value to posterity was not the motive, although at present it is the consideration which recommends it to us. XIV Scarcely any substance can be mentioned of which in some region or at some period coins have not been struck. Gold, electrum, platinum, silver, tin, iron, lead, copper, glass, porcelain, leather, paper, salt, not to mention shells and beads ; all these have constituted the material whence men have supplied themselves with the means of exchange, when some or feasible. process outside mere barter became requisite Among all such devices the application of the six last-named products to numismatic purposes may be considered more especially remarkable, since we somehow associate a currency with the various metals, from a natural preference for a token at once portable and negotiable. Within the confines of Europe itself, leather, paper, and salt have been employed as representatives of values in early times. The Russians, after the abandonment of whole skins, used irregular strips and then circular blanks of leather, stamped with some type at a remote date ; and specimens are said to survive. At the siege of Leyden in 1574 pieces of 5, 10, and 20 sols, formed of the leaves of missals, were accepted in payment. The ancient inhabitants of Venetia, like those of Hindoostan in more recent days, recognised impressed cakes of salt as an equivalent for a coinage, and the Abyssinians employ for the same purpose rock-salt in bar.
Introduction 45 The use of copper as a material for currency has been uninterrupted from the earliest coinage of the Greeks in that metal to the present day. The British and Northumbrian series, running concurrently with the Byzantine money, were followed by the curious pieces struck for Hungary, the Norman kingdom of Sicily, and for certain feudal possessions in Germany and the Netherlands. In the fifteenth century Italy, Spain, and Portugal began to employ the metal ; we have tolerably abundant examples of the Papacy, Venice, Castile, and Arragon, and the earlier Portuguese kings. From this period the supply has been more or less copious, and the continuity unbroken. But it may be observed that among the latest countries to adopt copper were France, Russia, Sweden, Norway, Denmark, and (after the cessation of the Northumbrian mint) Great Britain, unless we consider the Gaulish copies of Roman brass as entering into the same category as the stycas of Northumbria and the copper and tin pieces of Southern Britain ; and again there is always, the doubt to which side of the Channel many of these latter examples owed their first rise. An interesting feature in the copper series of any country is that they were essentially for popular use, and above all so in cases where daily commodities were obtainable for low denominations, and the public call for articles of higher price was chronically restricted. When the primitive nature of exchange, first by barter and secondly by bullion, was partially superseded by the employment of tokens (inonetce) of fixed and recognised value, apart from weight, copper soon came into use as a medium for retail trade, and the importance of a trustworthy and uniform standard was discerned by the Romans, who by law required the sanction of the Senate for issues in this metal, though not in the others. It was the money of the people, and was the principal factor in supplying their common wants, as well as in furnishing the pay of the soldier. The vast quantity of small brass pieces of Roman fabric still existing, and the innumerable mints from which they issued, demonstrates the enormous demand for them at the time ; and during
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Introduction 45<br />
The use <strong>of</strong> copper as a material for currency has been<br />
uninterrupted from <strong>the</strong> earliest coinage <strong>of</strong> <strong>the</strong> Greeks in that<br />
metal to <strong>the</strong> present day. The British and Northumbrian<br />
series, running concurrently with <strong>the</strong> Byzantine money, were<br />
followed by <strong>the</strong> curious pieces struck for<br />
Hungary, <strong>the</strong><br />
Norman kingdom <strong>of</strong> Sicily, and for certain feudal possessions<br />
in Germany and <strong>the</strong> Ne<strong>the</strong>rlands. In <strong>the</strong> fifteenth century<br />
Italy, Spain, and Portugal began to employ <strong>the</strong> metal ;<br />
we<br />
have tolerably abundant examples <strong>of</strong> <strong>the</strong> Papacy, Venice,<br />
Castile, and Arragon, and <strong>the</strong> earlier Portuguese kings.<br />
From this period <strong>the</strong> supply has been more or less copious,<br />
and <strong>the</strong> continuity unbroken. But it<br />
may be observed that<br />
among <strong>the</strong> latest countries to adopt copper were France,<br />
Russia, Sweden, Norway, Denmark, and (after <strong>the</strong> cessation<br />
<strong>of</strong> <strong>the</strong> Northumbrian mint) Great Britain, unless we consider<br />
<strong>the</strong> Gaulish copies <strong>of</strong> Roman brass as entering into <strong>the</strong> same<br />
category as <strong>the</strong> stycas <strong>of</strong> Northumbria and <strong>the</strong> copper and<br />
tin pieces <strong>of</strong> Sou<strong>the</strong>rn Britain ;<br />
and again <strong>the</strong>re is<br />
always, <strong>the</strong><br />
doubt to which side <strong>of</strong> <strong>the</strong> Channel many <strong>of</strong> <strong>the</strong>se latter<br />
examples owed <strong>the</strong>ir first rise.<br />
An interesting feature in <strong>the</strong> copper series <strong>of</strong> any country<br />
is that <strong>the</strong>y were essentially for popular use, and above all<br />
so in cases where daily commodities were obtainable for low<br />
denominations, and <strong>the</strong> public call<br />
for articles <strong>of</strong> higher price<br />
was chronically restricted. When <strong>the</strong> primitive nature <strong>of</strong><br />
exchange, first by barter and secondly by bullion, was<br />
partially superseded by <strong>the</strong> employment <strong>of</strong> tokens (inonetce) <strong>of</strong><br />
fixed and recognised value, apart from weight, copper soon<br />
came into use as a medium for retail trade, and <strong>the</strong> importance<br />
<strong>of</strong> a trustworthy and uniform standard was discerned<br />
by <strong>the</strong> Romans, who by law required <strong>the</strong> sanction <strong>of</strong> <strong>the</strong><br />
Senate for issues in this metal, though not in <strong>the</strong> o<strong>the</strong>rs. It<br />
was <strong>the</strong> money <strong>of</strong> <strong>the</strong> people, and was <strong>the</strong> principal factor in<br />
supplying <strong>the</strong>ir common wants, as well as in furnishing <strong>the</strong><br />
pay <strong>of</strong> <strong>the</strong> soldier. The vast quantity <strong>of</strong> small brass<br />
pieces <strong>of</strong> Roman fabric still existing, and <strong>the</strong> innumerable<br />
mints from which <strong>the</strong>y issued, demonstrates <strong>the</strong><br />
enormous demand for <strong>the</strong>m at <strong>the</strong> time ;<br />
and during