Showing posts with label coins. Show all posts
Showing posts with label coins. Show all posts

Wednesday, 11 February 2015

The Lenborough Hoard


Dr Rory Naismith writes:


This week, a selection of items from the Lenborough hoard goes on display at the British Museum. 

It is the largest coin hoard ever to be considered under the Treasure Act of 1996, consisting of 5,251 silver pennies (and two cut halfpennies). The find came to light on 21 December 2014, during a metal-detecting rally at Lenborough in Buckinghamshire. Part of its excavation was filmed by one of the detectorists present. Initial digging uncovered the coins inside a lead container, but they were removed from this in the course of excavation. They are currently being kept at the British Museum, awaiting the result of a coroner’s inquest to determine whether the find constitutes treasure. 

The Lenborough Hoard

The hoard consists largely of pennies of King Cnut (1016–35), of the so-called ‘Short Cross’ type. This was the last of three substantive coin-issues in his reign. However, the hoard also includes an earlier clutch of material from the time of Cnut’s predecessor, Æthelred II (978–1016). These span the second half of his reign, and include one specimen of the excessively rare and historically important ‘Agnus Dei’ type, probably issued in 1009 as part of a programme of prayer and penitence to ward off viking attack.

 Until full publication, it is difficult to evaluate the exact context of the hoard. It belongs to a period when recoinages were being undertaken frequently, recycling the bulk of the currency – though, as in this case, collections of earlier coinage could sometimes be held back as savings or for private usage. The Lenborough find may shed light on how and why some coin-users retained earlier currency. Unfortunately, there is no obvious clue to the identity of its owner, or to the context of its assemblage, concealment and non-recovery. It was no small sum, however. 5,252 pennies amounted to £21 17s 8d in the contemporary system of account. A single penny during this period had considerable buying power – probably tens of modern pounds sterling or Euros – and the total content of the Lenborough hoard was more than most estates recorded in Domesday Book would be expected to produce in a year. It is clearly a lot more than most of the population would ever have handled on one occasion. That said, for the elite of late Anglo-Saxon England the Lenborough hoard would not have been an exceptional sum. The king and leading earls in 1066 were bringing in several thousand pounds a year, and in around 1037, just a few years after the hoard was concealed, the archbishop of Canterbury bought land at Godmersham in Kent for 72 marks of silver by weight – that is, at least 11,520 pennies (the equivalent of two Lenborough hoards). A shrine made for the Old Minster at Winchester in honour of St Swithun under the patronage of King Edgar (959–75) was said in a detailed description written soon after to have contained 300 lbs in precious metal.

The Lenborough hoard is impressive in its scale, and provides a precious insight into the currency of the eleventh century; but at the same time, it is a sobering reminder of just how much silver and gold was available in late Anglo-Saxon England – and of just how much might yet await discovery.

Wednesday, 30 July 2014

Important New Anglo-Saxon Coin: Update



The rare penny of Ætheberht II reported here last month has now been given on long-term loan to the Fitzwilliam Museum, Cambridge, by a private collector. It will go on display to the public shortly.

Monday, 7 July 2014

Money and its Use in Early Medieval Europe

ASNC Research Fellow Dr. Rory Naismith has written the inaugural post for the Past and Present Society's new blog. You can read the post, which is based on Rory's recent article in the journal Past and Present, by clicking here.

Tuesday, 3 June 2014

Important new Anglo-Saxon coin


Dr Rory Naismith writes:

Later in June 2014, an important Anglo-Saxon coin is due to be sold at auction by Dix, Noonan and Webb in London. It was discovered in March this year by a metal-detector user who promptly brought his find to the Fitzwilliam Museum in Cambridge for identification. There, it was quickly identified as the fourth known penny of Æthelberht II, king of the East Angles: a ruler who was executed by order of Offa, king of the Mercians (757–96), in 794, and who went on to be the object of veneration as a saint. It was also included in the Corpus of Early Medieval coin-finds.


The three pennies of Æthelberht known before this find all carry a well-known design showing the king’s bust on one face and a wolf and twins on the other, recalling Romulus and Remus, the twins responsible for the founding of Rome, but possibly also playing on the name of the traditional East Anglian royal dynasty, the Wuffingas (‘Wolfings’). This new coin carries a completely new design of elegant cruciform motifs on both obverse and reverse, as was common on the coins of other contemporary rulers, not least Offa. It demonstrates effectively how even one new coin might modify understanding of a poorly known ruler. In this case, the new coin indicates that Æthelberht’s coinage was more diverse than had previously been supposed, and that not all his coins carried such symbolically charged iconography. They emerge as something more than a special one-off issue to call attention to the king’s status. That said, Æthelberht apparently only ever had one moneyer – a man named Lul – working for him, whereas Offa had several at any one time in the same (or a nearby) mint-place in East Anglia. Æthelberht’s coinage was a relatively small enterprise, and its relationship to Offa’s own coinage remains unclear. Its proclamation of a rival king’s royal status surely would not have gone unnoticed by Offa. On the other hand, Æthelberht’s execution in 794 was only the final stage in their interactions: things may not always have been so antagonistic, and a comparatively diverse coinage for Æthelberht perhaps points to toleration on Offa’s part, conceivably over a period of several years. Further clarification can only come from further new coin-finds.