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Discovered in Brussels, Belgium in
1908 this huge hoard consisted of around 145,000 silver pennies from
England, Scotland, Ireland and the Continent. It would appear to have been
buried around c.1265 and given it's vast size an explanation has been
sought to understand why such a huge amount of money was assembled,
concealed and subsequently not recovered. One theory surrounds Richard of
Cornwall (1209-1272), the younger brother of Henry III who became Holy
Roman Emperor in 1257. The main supporters of his election to the imperial
throne were the Electoral Princes (known as the "English party") of
Cologne, Mainz and the Palatinate. Richard bought the elector's votes for
the vast sum of 28,000 marks (equivalent to 4,480,000 pennies at 160
pennies to the mark). Whilst a large part of this sum may have been
rendered in silver bullion, much of it would have been paid in coin and it
does provide a reason for a huge parcel of coins on the continent, perhaps
en route to Richard's allies in the Rhineland. |