value

The Bitterley Hoard – Part Four – What’s it worth

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Contemporary Value of the Hoard

Jonathon Worton, a research student at the University of Chester has suggested what the hoard could have been worth in the 17th Century. This is really interesting as it puts some perspective into how far money went in the period. From my point of view as an archaeologist it just proves the old adage  “The only things certain in life are death and taxes“.

Jonathon writes:

“with reference to monetary values, I always think it is more informative to consider the contemporary purchasing power, rather than attempting modern equivalence.

Some interesting examples:

1. In 1640/41 the day rate paid by the Corporation of Shrewsbury for ‘public works’ for an artificer – a wheelwright, carpenter, joiner – was 14d (less if ‘diet’ – food – included), 8d for a day labourer. These were probably good average rates for a days’ toil. (Ref. Reed, Shropshire Transactions, Vol LV).

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