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The mixed Viking Cuerdale Hoard, deposited in England before c. 910, also contains 8,600 coins, as well as these ingots and pieces of jewellery and plate. Hacksilver from the medieval period, Museum für Hamburgische Geschichte, Hamburg, Germany. Viking age settlement, eighth to eleventh centuries; trade and raid routes are marked green.
Used for trading bullion and hack-silver. Material is lead and weighs approx 36 g. Embedded with an Anglo-Saxon sceat (Series K type 32a) dating to 720-750 AD and minted in Kent. It is edged in dotted triangle pattern. Origin is the Danelaw region and dates 870-930CE. The Viking Age saw the development of a bullion economy.
Danegeld (/ ˈ d eɪ n ɡ ɛ l d /; [1] "Danish tax", literally "Dane yield" or tribute) was a tax raised to pay tribute or protection money to the Viking raiders to save a land from being ravaged. It was called the geld or gafol in eleventh-century sources.
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Viking expansion was the historical movement which led Norse explorers, traders and warriors, the latter known in modern scholarship as Vikings, to sail most of the North Atlantic, reaching south as far as North Africa and east as far as Russia, and through the Mediterranean as far as Constantinople and the Middle East, acting as looters, traders, colonists and mercenaries.
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Viking coinage was used during the Viking Age of northern Europe.Prior to the usage and minting of coins, the Viking economy was predominantly a bullion economy, where the weight and size of a particular metal is used as a method of evaluating value, as opposed to the value being determined by the specific type of coin.