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Originally scilling ("shilling") and sceatt seem to have been the terms for gold and silver coins respectively. By the time of Ine, however, pending, pen(n)ing ("penny"), had already come into use for the latter, while, owing to the temporary disappearance of a gold coinage, scilling had come to denote a mere unit of account. It was, however, a variable unit, for the Kentish shilling contained twenty sceattas (pence), while the Mercian contained only four. The West Saxon shilling seems originally to have been identical with the Mercian, but later it contained five pence. Large payments were generally made by weight, 240-250 pence being reckoned to the pound, perhaps from the 7th century onwards. The mancus was equated with thirty pence, probably from the time of its introduction. This means that the value of gold relatively to silver was 10:1 from the end of Offa's reign. There is reason, however, for thinking that in earlier times it was as low as 6:1, or even 5:1. In Northumbria a totally different monetary system prevailed, the unit being the tryms, which contained three sceattas or pence. As to the value of the bronze coins we are without information.
The purchasing power of money was very great. The sheep was valued at a shilling in both Wessex and Mercia, from early times till the 11th century. One pound was the normal price of a slave and half a pound that of a horse. The price of a pig was twice, and that of an ox six times as great as that of a sheep. Regarding the prices of commodities other than live-stock we have little definite information, though an approximate estimate may be made of the value of arms. It is worth noticing that we often hear of payments in gold and silver vessels in place of money. In the former case the mancus was the usual unit of calculation.
12. Ornaments.?Of these the most interesting are the brooches which were worn by both sexes and of which large numbers have been found in heathen cemeteries. They may be classed under eight leading types: (1) circular or ring-shaped, (2) cruciform, (3) square-headed, (4) radiated, (5) S-shaped, (6) bird-shaped, (7) disk-shaped, (8) cupelliform or saucer-shaped. Of these Nos. 5 and 6 appear to be of continental origin, and this is probably the case also with No. 4 and in part with No. 7. But the last-mentioned type varies greatly, from rude and almost plain disks of bronze to magnificent gold specimens studded with gems. No. 8 is believed to be peculiar to England, and occurs chiefly in the southern Midlands, specimens being usually found in pairs. The interiors are gilt, often furnished with detachable plates and sometimes set with brilliants. The remaining types were probably brought over by the Anglo-Saxons at the time of the invasion. Nos. 1 and 3 are widespread outside England, but No. 2, though common in Scandinavian countries, is hardly to be met with south of the Elbe. It is worth noting that a number of specimens were found in the cremation cemetery at Borgstedterfeld near Rendsburg. In England it occurs chiefly in the more northern counties. Nos. 2 and 3 vary greatly in size, from 2½ to 7 in. or more. The smaller specimens are quite plain, but the larger ones are gilt and generally of a highly ornamental character. In later times we hear of brooches worth as much as six mancusas, i.e. equivalent to six oxen.
Among other ornaments we may mention hairpins, rings and ear-rings, and especially buckles which are often of elaborate workmanship. Bracelets and necklets are not very common, a fact which is rather surprising, as in early times, before the issuing of a coinage, these articles (beagas) took the place of money to a large extent. The glass vessels are finely made and of somewhat striking appearance, though they closely resemble contemporary continental types. Since the art of glass-working was unknown, according to Bede, until nearly the end of the 7th century, it is probable that these were all of continental or Roman-British origin.
13. Amusements.?It is clear from the frequent references to dogs and hawks in the charters that hunting and falconry were keenly pursued by the kings and their retinues. Games, whether indoor or outdoor, are much less frequently mentioned, but there is no doubt that the use of dice (taefl) was widespread. At court much time was given to
