types. The fragility was not a big problem, since the bracteates would not circulate for a long period. When monetization …Although the leaf-thin bracteates are the most fragile coins in monetary history, they were the main coin type for … almost two centuries in large parts of medieval Europe. The usefulness of the bracteates can be linked to the contemporary …

was less restrictive and had lower administrative costs for the coin issuer than re-coinage. Besides low monetization, the … debasements than routine calendar driven re-coinage, due to the high uncertainty. …

Coinage debasements were a prevalent and generally very harmful feature of most economies in late-medieval western …. The question posed therefore is simply this: did the Burgundian dukes undertake coinage debasements principally as a …, 2002) have contended that almost all late-medieval and early-modern coinage debasements were undertaken to remedy not just …

This paper seeks to answer two questions: were the coinage debasements in Burgundian Flanders (1384-1482) undertaken … Problem of Small Change: 2002) contend that monetary objectives governed almost all medieval, early-modern debasements …, undertook their debasements primarily as aggressive fiscal policies, specifically to finance warfare. Their goal was to increase …

debasements of 1464-65 were the last undertaken before those of Henry VIII. The subject of coinage debasements remains an arcane …: were debasements fundamentally aggressive or defensive in nature? The second question to be asked is the nature of the … goals sought from debasement: were they fundamentally monetary or fiscal? The fiscal aspect of coinage debasements is …

article ("The Debasement Puzzle": Velde and Weber, 1996) sought to demonstrate that coinage debasements were both impractical … and economically futile. The purpose of this study is to demonstrate that aggressive debasements were generally very … to demonstrate that both merchants and the prince benefitted from debasements in real terms, provided that they spent the …