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Medieval Sourcebook:
Edgar the Peaceable:
Regulation of Coinage, Measures, and Price of Wool, c. 959-975

Under Edgar, called the Peaceable, who ruled A.D. 959-975, the unification of all England was finally achieved. Among his laws cementing that unity were certain economic enactments providing for uniformity of money, weights, and measures. The fixing of a maxium price for wool is indicative of a tendency on the part of private individuals to debase the coinage.

C.8. And let one money pass throughout the king's dominion; and that let no man refuse: and let one measure and one weight pass; such as is observed at London and at Winchester; and let the way of wool go for 130p: and let no man sell it cheaper; and if any one sell it cheaper either publicly or privately, let each pay 40 shillings to the king, both him who sells it, and him who buys it.


From: Benjamin Thorpe, ed., Ancient Laws and Institutes of England, (London: Eyre & Spottiswoode, 1840), p. 269; reprinted in Roy C. Cave & Herbert H. Coulson, eds., A Source Book for Medieval Economic History, (Milwaukee: The Bruce Publishing Co., 1936; reprint ed., New York: Biblo & Tannen, 1965), pp. 136-137

Scanned by Jerome S. Arkenberg, Cal. State Fullerton. The text has been modernized by Prof. Arkenberg.

This text is part of the Internet Medieval Source Book. The Sourcebook is a collection of public domain and copy-permitted texts related to medieval and Byzantine history.

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© Paul Halsall, October 1998