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<p>[QUOTE=&quot;scottishmoney, post: 7877040, member: 12789&quot;]At that time up until the early 15th century the average daily wage of a worker is conjectured to have been about a penny a day, so a coin valued at 20 pennies was an exorbitant sum.&nbsp; Gold coins were not struck again in England until the reign of Edward III(1327-1377) at which time nobles of 80 pence and halves and quarters of 40 and 20 pence respectively were struck beginning in the 1350s.&nbsp; Gold coin was still quite dear and usually only the wealthiest merchants, the church and the nobility would have seen or used them.[/QUOTE]</p><p><br /></p>

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