Middle English Literature



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Middle English Literature A Historical S

Currency
farthing =
1
4
pence
halfpenny =
1
2
pence
groat = 4 pence
shilling = 12 pence
crown = 5 shillings
mark =
2
3
pound
pound = 20 shillings or 240 pence
Income
Wages fluctuated according to many factors, including time period, time
of year, region, and number of days worked. Workers also often received
whole or partial payment in goods such as clothing and food.
1300
unskilled laborer
1
1
2
pence per day
skilled building laborer
3 pence per day
1325
Elizabeth de Burgh’s
3,000 pounds (gross) per year
income from estates
1366–77 Philippa Chaucer, personal
10 marks per year
maid to Queen Philippa
1367–77 Geoffrey Chaucer, valet to
20 marks per year
King Edward III


274
Appendix
1380
Thomas Arundel,
1,000 pounds per year
bishop of Ely’s income
1387
stationer
70 shillings, 11 pence for
illumination and binding of
missal
1395
limner
40 shillings for illumination
of one manuscript
John of Gaunt’s income
10,000 pounds (net) per year
from estates
1390
unskilled laborer
3 pence per day
skilled building laborer
4 pence per day
1421
scribe
12 pounds, 8 shillings for
12 books on hunting for
Henry V
1456
washerwoman
16 pence per year
1464
stationer
3 shillings for writing and
limning six ballads for
queen’s procession
scribe
8 pence for writing the
ballads on display boards
1500
skilled building laborer
5 pence per day
Prices
No simple currency conversion to present day currencies exists. However,
the following may give some idea of prices if seasonal and regional fluctuations
(some substantial) as well as changes over longer periods of time are kept in
mind.
1310
1 quire (12 leaves) of parchment
1 shilling, 11 pence
1343
knight’s annual household expenses
60 pounds
1348
squire’s annual cash expenditure
7 pounds
1358
average shop rental in Paternoster
1 pound, 5 shillings,
Row (stationers)
3 pence
1360
ransom of chaplain
8 pounds
ransom of servants of countess
10 pounds
ransom of poultry purveyors
10 pounds
ransom of king’s palfreyman
16 pounds
ransom of Geoffrey Chaucer
16 pounds


Appendix
275
1361
4 books of romance
6 shillings, 4 pence
1376
1 copy “Clensyng Synne”
8 pence
1382
illuminated verse Romance of
10 pounds
King Alexander
1383
1 illuminated, bound missal
39 pounds,
10 shillings,
10 pence
1385
1 quire (12 leaves) of parchment
1 shilling, 9 pence
1389–1518
1 fine vellum skin
5.4 pence average
1391
work horse
13–15 shillings
1393
lord’s annual household expenses
277 pounds
1400–1500 wheat averaged 6 shillings a quarter
1424
shoes
6 pence
shirt
8 pence
gloves
3 pence
belt
1 penny
1430
psalter
13 shillings, 4 pence
1445
psalter
5 shillings
1456
12 bundles of wood
1 shilling, 6 pence
12 quarters of coal
3 shillings
1 lb wax and wicks
10 shillings
1463–1527 1 vellum skin
2.5 pence average
1471
1 missal
20 shillings, 3 pence

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