Gold coins were not minted in early medieval Europe with silver and bronze being the currency of choice, but they did circulate there in small numbers, originating from the Mediterranean region, in particular Islamic and Byzantine gold coins were highly prized. These gold coins were commonly called bezants, taken from the word Byzantium, the Latinized form of the original Greek name (Byzántion) of the capital, Constantinople, where the gold coins typically came from and were associated with.
Gold coinage was re-introduced to Europe in 1252 when the city of Florence began minting gold coins known as the florin.
Gold coins in 10th and 11th centuryEngland were valued at two shillings sterling. The gold:silver ratio was 1:9.
Typically gold coins were used when payments had some special ritual significance, or to show a sign of respect.
BEZANT or Byzant (from Byzantium, the modern Constantinople), originally a Byzantinegold coin which had a wide circulation throughout Europe up to about 1250.
Silverbezants, in value from one to two shillings, were in circulation in England in the 13th and 14th centuries.
In heraldry, bezants are represented by gold circles on the shield, and were introduced by the crusaders.
Gold coins were not minted in early medievalEurope with silver and bronze being the currency of choice, but they did circulate there in small numbers, originating from the Mediterranean region, in particular Islamic and Byzantinegold coins were highly prized.
These gold coins were commonly called bezants, taken from the word Byzantium, the Latinized form of the original Greek name (Βυζάντιον or "Byzántion") of the capital, Constantinople, where the gold coins typically came from and were associated with.