The Viking economy transitioned from a barter system based on prestige goods to the use of hacksilver and coinage over the course of the Middle Ages. Initially, everyday necessities were traded through direct exchanges, but by the end of this period, coins had emerged as a primary currency. Hoards serve as critical artifacts in this analysis, revealing how the value of metals and goods shifted over time from 600 A.D. to 1200 A.D. This evolution illustrates broader changes in trade practices and economic structures among the Norse people in Scandinavia.
The evolution of the Viking economy reflects a shift from barter and prestige goods to hacksilver and coinage, showcasing changing trade practices in medieval Scandinavia.
Analyzing hoards reveals insights into economic structures, allowing us to track how Vikings valued different materials and how their trading practices evolved over time.
The Viking economy experienced radical changes from 600 A.D. through 1200 A.D., with the transition from bartering everyday necessities to using coins as currency.
Hoard deposits are invaluable for understanding the Viking period, presenting a snapshot of personal possessions and economic transactions, marked by changing tastes and practices.
Collection
[
|
...
]