this post was submitted on 02 Jan 2025
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[–] SkunkWorkz@lemmy.world 10 points 5 days ago* (last edited 5 days ago) (1 children)

Ah yes currency back then is the same as today. He definitely had USD bills in the sack.

If this ruler was a low ranking noble like a baron it could definitely be all his gold. Gold was worth a lot more back then because they had less of it in circulation. It was rare especially before they discovered the New World

[–] AwesomeLowlander@sh.itjust.works 2 points 4 days ago (1 children)

No noble holds all their wealth in liquid currency. Most of their wealth comes from their land holdings, etc.

[–] SkunkWorkz@lemmy.world 3 points 4 days ago* (last edited 4 days ago)

Petty nobles back then were vassals and often heavily in debt to their liege. Even with their land holdings some basically had a negative net worth. So most of their income of the land went straight to their liege. The coins they had on hand were their only wealth they could spend.