The Coins, Wages & Cost of Living in England through History

in #silver7 years ago (edited)

Take a walk with Junius Maltby from the Medieval times through to Pre-War England (Britain) as we explore the coins, currency, wages, and costs of living in this culturally rich and important land. I am learning about these coins as an American. I had no exposure to British coinage in life. Only a handful of times did I ever even see a Pound coin. Recently a subscriber generously sent me some British coinage. Here I am not infatuated with it all.

I plan to gather at the very least, an example of each iconic coin from various periods in British history. They can be slicks and merely good condition - the more worn the better! I will know then that the coin extinguished debts numerous times, was carried by many, saved by some and eventually landed on my shelf as a display.

What an interesting and amazing coinage history there is with these varieties. Perhaps one of the most amazing pieces of information to glean from this video is the incredible value silver held in these time periods. The wages paid in silver and the amount of goods and services able to be acquired with the silver is incredible, as well as the silver gold ratio of which I was already all too familiar (16:1).

FAIR USE STATEMENT
This video may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This material is being made available within this transformative or derivative work for the purpose of education, commentary and criticism, is being distributed without profit, and is believed to be "fair use" in accordance with Title 17 U.S.C. Section 107.

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