Money and coinage
Mark Blackburn
Europe in the eighth and ninth centuries can be divided into two broad regions, coin-producing areas west south where coinage circulated specie, being normally counted out transactions, to north east with their bullion economies which imported other forms of precious metal were used together by weight. The boundary between regions remained remarkably static eleventh centuries, although end twelfth century most had some form regulated currency system. During first following collapse western empire, currencies new barbarian kingdoms based largely on locally produced gold coins. After reconquest Danelaw middle tenth century, unified kingdom devised perhaps sophisticated fiscal system medieval would see.
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