Showing posts with label coin clipping. Show all posts
Showing posts with label coin clipping. Show all posts

19 September 2026

Belisarius Returns to Italy

The Gothic Wars (535 - 554) under Eastern Roman Emperor Justinian I were created to reunify the Western Roman Empire with the Eastern. They were successful, thanks to the strategies and (in one case) subterfuge of General Belisarius. After his initial success, however, Belisarius had to return to deal with additional problems, some of them caused by his own people.

Italy had been divided among several military commanders so that no one man would gain enough power to try to set up his own kingdom. That did not mean, however, that all the commanders were ethical. One of these commanders, a man named Alexander, turned out to be corrupt. One of his corrupt acts was the crime of "coin clipping": trimming the edges off gold coins and using the gold bits to make your own coins or to sell.

Alexander also charged soldiers under his command with corruption and forced them to pay fines. His soldiers began to mutiny, and some to simply quit. The Justinian Plague also meant many commanders did not want to leave their barracks and risk becoming infected.

The Goths took advantage of this timidity. Some Goth leaders, Ildibad and Totila, decided the opportunity to re-take their territory was worth the risk of catching the plague. They easily won several battles and sieges, gaining control over much of their old kingdom except for Rome, which was too large and too well-defended.

In 544 General Belisarius was told to go to Italy and reverse these outcomes. The Plague and troubles on the eastern border made it difficult to assemble troops, however, and he only had a force of about 4000.

Belisarius and Totila had different approaches. Totila had faith that his men would prevail in open battles. Belisarius had shown that he was good at sieges. Totila did not want to be stuck inside a city or  sit outside them for months waiting for a defensive force to run out of supplies, so he destroyed the walls of towns that he conquered to prevent either of those possibilities.

Belisarius was going to go up against a strong leader and decent strategist, Totila (seen above destroying the walls of Florence). Let's meet the man next time.

11 June 2024

Debasing Coinage

Let me explain how you can turn a finite number of metal coins into more coins.

You may have seen medieval coins that weren't entirely round; they were lop-sided somehow or had a flat edge to them. That was not necessarily the action of years or wear and tear through handling. That was more likely because of coin-clipping.

Coin-clipping was a popular way to make more money for personal use. Medieval coins were solid metal all the way through, not cheaper metal covered with another layer to make them shiny, as much modern coinage is in the promissory system. The Medieval English penny was solid silver. A known practice was to "clip" the edges of the coin, reducing its size, and using the clipping from several coins to make an additional coin (or a silver lump that had value).

This, of course, debased the value of the original coin(s) because they were expected to have a specific weight of silver (or gold, in some cases). The illustration above is not medieval, but from a hoard of clippings from 16th century coins found in 2015.

One of the ways to guard against coin clipping was to put a design or milled edge on the coin to make it clear of the edge has been altered; United States quarters and dimes show this, nickels and pennies are made of such cheap metal that a milled edge isn't considered worthwhile.

Other methods of debasing coinage were "sweating" and "plugging." In sweating, coins were placed in a bag and shaken vigorously so that bits of metal might flake off and could be collected at the bottom of the bag to be re-used. Plugging was the act of punching a hole in the middle of the coin, knocking out a bit of metal, then hammering the coin to fill in the hole. With the edge of the coin intact, the flattened image in the center could be explained as normal wear and tear.

These practices were bad for the economy, devaluing the actual coin (which was based on weight of silver), and promoting inflation. They were considered extremely serious offenses. Suspicion of coin-clipping in the time of King Edward I (1272-1307) lead to hundreds of deaths in a single outrageous over-reaction.

But that's a story for tomorrow.