Silver coin boom in medieval England due to melted down Byzantine treasures, study reveals

Chemical analysis reveals origin of coinage that stimulated trade and helped fuel development of new towns from seventh century

Several decades after the Sutton Hoo burial, starting in about AD660, there was a sudden rise in the number of silver coins in circulation in England, for reasons that have long puzzled archaeologists and historians.

The new rush of silver coinage stimulated trade and helped fuel the development of the new towns springing up at the time – but where did it come from? Were the Anglo-Saxon kings recycling old Roman scrap metal? Or had they found lucrative sources from mines in Europe?

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