Exchequer / 12th Century
Poster Prints from Mary Evans Picture Library
Exchequer / 12th Century
Officers receiving & weighing coin at the Exchequer. Date: 1130 - 1174
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Media ID 7139583
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10094547
1130 12th Coin Commerce Exchequer Receiving Scales Taxes Weighing 1174 Officers
EDITORS COMMENTS
12th Century Exchequer: A Snapshot of Medieval Commerce and Taxation This evocative image transports us back to the bustling heart of the 12th century, showcasing a pivotal moment in the administrative process that underpinned the economic life of medieval England. The scene depicts officers diligently receiving and weighing coins at the Exchequer, an essential institution for the collection and management of the royal revenues. The Exchequer, established around 1130 under the reign of King Henry I, played a crucial role in the financial administration of the realm. It was responsible for the collection, storage, and redistribution of the king's revenues, which came primarily from various sources such as land taxes, customs duties, and other fees. In this snapshot from the past, we see officers meticulously examining and weighing coins using large, ornate scales. The coins were carefully sorted, counted, and weighed to ensure their authenticity and value before being added to the royal treasury. This process was essential to maintain the financial stability of the kingdom and to fund the king's various endeavors, including military campaigns, construction projects, and the maintenance of the royal household. The Exchequer functioned as a central hub for commerce and taxation, with its influence extending beyond England's borders. The institution's efficiency and effectiveness in managing the royal finances set a precedent for future administrative systems and contributed significantly to the economic development of medieval Europe. This image offers a rare glimpse into the intricacies of medieval commerce and taxation, providing us with a valuable insight into the complex administrative structures that shaped the economic landscape of the 12th century.
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