https://www.youtube

.com/watch?v=iIOVtK3k7qc

Install Mech Arena for Free 🤖 IOS/ANDROID: http://pl.go-ga.me/6ailgjag and get a special starter pack 💥 Available only for the next 30 days We always see Medieval gold coins being used as a form of currency in movies, rpgs, novels, videogames but how true is that to real Medieval history? Did people in the Middle Ages really use gold coins? If so, how common were they? And what was their value? If you did end up finding a chest full of gold coins like it often happens in videogames, how rich would you actually be? Let’s find out! #MechsAreHere #Gold #Medieval Link to Shad’s video on gold coins Link to Bob the World Builder channel https://www.youtube.com/c/BobWorldBuilder Links for further research https://en.numista.com/catalogue/index.php?r=&ct=coin&im1=&im2=&tb=y&tc=y&tn=y&tp=y&tt=y&cat=y&ru=&ca=3&no=&v=&i=&b=&d=&u=&a=&dg=600+-+1500&m=6&f=&t=&w=9&mt=&g=&se=

20 Replies to “Did Medieval People REALLY Use Gold Coins?”

  1. After the gold coins, I need a silver coin video XD As far as I know silver was more common in currency.

  2. Dale a tu cuerpo alegría Mech Arena
    Que tu cuerpo es pa’ darle alegría y cosa buena
    Dale a tu cuerpo alegría, Mech Arena
    Hey Mech Arena, ay

  3. I like the costa rican money. They have large metal coins that make me feel like I’m in a medival drama when I rattle them in my hand, not worth much though. Mexican 10 and 20 peso coins are cool too. American money is too small

  4. D&D by default implements a system similar to what Dragon Age: Origins has (and this is made more complex by trade bars), but it is up to the campaign and DM and video game to implement it.

  5. If we’re comparing fantasy to real life, what about platinum? Was platinum or something like it used as a higher worth coin to gold?

  6. I think he got to the point only right at the end when he said that a gold coin would be worth 30 days pay for a laborer. While this would vary depending on what weight the gold coin was and the value of labor was at the time, it gives a good approximation of the value of Gold and highlights that there is no way the average person would use it in daily transactions. Gold was relatively speaking more valuable/valued then than now. It was money, but was the money of kings. Silver was far more widespread as money but even that was very expensive for average people, so many used barter for smaller transactions.

  7. Fun that the Swedish Riksdaler, which was in use between the 16th and 18th centuries in Sweden, has ruined my picture of medieval money. Therefore, whenever there is talk of medieval coins, the first thing that comes to my mind is this palm-sized metal or copper plate that was worth of five coins. The Swedish Riksdaler was introduced as part of the currency reform of Gustav Vasa, and many of those odd Riksdaler coins are still be found in Finnish soil. The weakness of this Swedish riksdaler was its strong inflation which is why people hid this money everywhere an therefore the Swedish Riksdalers are also called as the “nightmare of archaeologist” because of their abundance.

  8. If I had the same amount of real gold coins that I won in AD&D, I would be the richest man in the woeld !! 🤣

  9. I believe there was also inflation in the medieval world. Most of which were determined by guilds or rulers.

  10. Early polish knights were using flat silver bars, tied with a loop of wire. It was impractical to carry coins during travel because of idiotic division of a country between EVERY PRINCE… every state/land or “district” as they were called, had their own currency and their own taxes. the further you travelled, the more value of your coins decreased. the silver was commonly accepted to avoid this mess

  11. Counter argument to finding vast amounts of gold is more fun to having a more realistic system:
    1. character/ story progression: working with common money and working up to rare forms adds a feeling of progress to the characters journey. for example you start off bartering and small jobs earning pennies, enough for food, rest and some to spare to save. you make it to a major town and get solid work, a few silver coins, save some up for fancy armor and supplies for the big job. you stumble to a particular tough bandit leader kick his ass and loot his camp and find 10 gold coins and are like “HOLY SHIT, HOLY SHIT! A GOLD COIN! 10 GOLD COINS!”

    2. lore friendly/ immersive: you find the chest of gold… how do you carry it out? do you need that much? is it practical for the sheriff to give you a bag of 1000 silver coins for the bounty? The old money system by Charlemagne worked where the standard of wealth was a pound bar of silver (which is why British money is called ‘pound sterling’) that silver was divided into 240 divisions (which are pennies) and every 12 pennies make another division of silver called a shilling (1/20 of a pound), when transactions grew too much for silver they made gold coins, being more valuable than silver a gold coin of a similar size of a silver coin was a higher denomination, 1 gold piece was 20x the value of the silver (a gold coin the size of a shilling was worth a pound). so instead of the sheriff giving you 1000 silver pieces maybe have him give 50 gold.

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