Message:

<p>[QUOTE=&quot;seth77, post: 7930533, member: 56653&quot;]The problem was not to be resolved by adopting the type by feudal polities -- Louis IX actually went as far as to interdict his brother Alphonse (and to lesser extent Charles) from minting their own denier tournois in 1263. And this had wide repercussions for the western monetization in the Mediterranean as these coinages seem to have migrated east after 1263 (and more so after Viterbo in 1267) but it also showed that the Royal administration was interested in the main goal of centralization: the increase of revenue from <i>seigneuriage</i> and the direct control of the metrics of the coinage. With feudal mintage there was no way to actually control this and the variations in billon title could become means by the lucrative robber baron to impoverish the Royal administration in two ways -- 1. by exchanging lesser coin for the better Royal coin and 2. by driving the better Royal coin underground as per Gresham&#039;s Law.</p><p><br /></p><p>After Philippe IV though, as Louis X&#039;s admin went through the motions with the Ordonnances of 1315-1316 imposing thus heavy penalty for feudals who did not abide by the rules imposed on them by the king in terms of design and metrics, the barons found themselves with no practical monetary freedom and many would sell their minting rights to the Royal admin by the middle of the 14th century.</p><p><br /></p><p>Certainly there were temporary exceptions and periods of intercession, notably right at this time 1315-6 to 1322 when princes du sang Philippe de France and Charles de France on one side and powerful enough barons like Eudes IV de Bourgogne had their own feudal deniers tournois minted in Poitou and La Marche and Auxonne. But all three were short-lived -- in the cases of the princes the local types stopped once the princes stepped up to become kings of France and in the case of Eudes, the tournois stops also in 1322.</p><p><br /></p><p>Eudes IV tournois of Auxonne:</p><p><br /></p><p>[ATTACH=full]1371195[/ATTACH][/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in