Will Whitfoot
Mintmaster
- Joined
- Sep 30, 2017
- Messages
- 124
If it's interesting to the denizens here, I might offer a bit of back-story to my own journey into the realms of Tolkien tactile artifacts. It begins of course with Gandalf arriving for Bilbo's party in the first chapter of THE FELLOWSHIP OF THE RING: A Long Expected Party....
So we learn here that Bilbo "gave a few pennies away"! Presumably the children will go off to buy sweets. The key fact is that small coins of low value are mentioned and are clearly commonplace. What do they look like? I could not help but wonder.
The next specific reference to coinage comes in Chapter 11, A Knife in the Dark...
Twelve "silver pennies" is Bill Ferny's price for our friend Bill, a sickly and dispirited pony. Now Tolkien says this was at least three times the pony's worth in those days, and this seemed outlandish to me on the face of it. Three small silver coins for a pony seemed like far too small a price! So, I did some library research (remember, this research was in the 1980s, long before you could just "google" such things) And it turned out that in Medieval England, there was a denomination called a "silver penny", (later a "shilling") that was about a quarter ounce of silver and represented a week's wages for an average laborer. A week's wages! So suddenly twelve silver pennies was indeed a significant amount of money... about three months wages. And now of course I began to wonder what the coins would look like. I had been a collector of world coins since I was small... and uncles and aunts would give me the leftover pocket change from their travels. I had a sense of how coins depict the character of their respective realms.
So now we have both "small coins" of low value mentioned... presumably of copper, as well as more valuable silver coins that can be used for larger purchases.
And so the idea of Shire Coinage was seeded in my mind, though it would be many years before I could actually make anything happen.
Small hobbit-children ran after the cart all through
Hobbiton and right up the hill. It had a cargo of fireworks, as they rightly
guessed. At Bilbo's front door the old man began to unload: there were great
bundles of fireworks of all sorts and shapes, each labelled with a large red
G and the elf-rune,
That was Gandalf's mark, of course, and the old man was Gandalf the
Wizard, whose fame in the Shire was due mainly to his skill with fires,
smokes, and lights. His real business was far more difficult and dangerous,
but the Shire-folk knew nothing about it. To them he was just one of the
'attractions' at the Party. Hence the excitement of the hobbit-children. 'G
for Grand!' they shouted, and the old man smiled. They knew him by sight,
though he only appeared in Hobbiton occasionally and never stopped long; but
neither they nor any but the oldest of their elders had seen one of his
firework displays - they now belonged to the legendary past.
When the old man, helped by Bilbo and some dwarves, had finished
unloading. Bilbo gave a few pennies away; but not a single squib or cracker
was forthcoming, to the disappointment of the onlookers.
'Run away now!' said Gandalf. 'You will get plenty when the time
comes.' Then he disappeared inside with Bilbo, and the door was shut. The
young hobbits stared at the door in vain for a while, and then made off,
feeling that the day of the party would never come.
So we learn here that Bilbo "gave a few pennies away"! Presumably the children will go off to buy sweets. The key fact is that small coins of low value are mentioned and are clearly commonplace. What do they look like? I could not help but wonder.
The next specific reference to coinage comes in Chapter 11, A Knife in the Dark...
In the end there was more than three hours' delay. Bob came back with
the report that no horse or pony was to be got for love or money in the
neighbourhood - except one: Bill Ferny had one that he might possibly sell.
'A poor old half-starved creature it is,' said Bob; 'but he won't part with
it for less than thrice its worth, seeing how you're placed, not if I knows Bill Ferny.'
'Bill Ferny?' said Frodo. 'Isn't there some trick? Wouldn't the beast
bolt back to him with all our stuff, or help in tracking us, or something?'
'I wonder,' said Strider. 'But I cannot imagine any animal running home
to him, once it got away. I fancy this is only an afterthought of kind
Master Ferny's: just a way of increasing his profits from the affair. The
chief danger is that the poor beast is probably at death's door. But there
does not seem any choice. What does he want for it?'
Bill Ferny's price was twelve silver pennies; and that was indeed at
least three times the pony's value in those pans. It proved to be a bony,
underfed, and dispirited animal; but it did not look like dying just yet.
Mr. Butterbur paid for it himself, and offered Merry another eighteen pence
as some compensation for the lost animals. He was an honest man, and
well-off as things were reckoned in Bree; but thirty silver pennies was a
sore blow to him and being cheated by Bill Ferny made it harder to bear.
As a matter of fact he came out on the right side in the end. It turned
out later that only one horse had been actually stolen. The others had been
driven off, or had bolted in terror, and were found wandering in different
corners of the Bree-land. Merry's ponies had escaped altogether, and
eventually (having a good deal of sense) they made their way to the Downs in
search of Fatty Lumpkin. So they came under the care of Tom Bombadil for a
while, and were well-off. But when news of the events at Bree came to Tom's
ears, he sent them to Mr. Butterbur, who thus got five good beasts at a very
fair price. They had to work harder in Bree, but Bob treated them well; so
on the whole they were lucky: they missed a dark and dangerous journey. But
they never came to Rivendell.
Twelve "silver pennies" is Bill Ferny's price for our friend Bill, a sickly and dispirited pony. Now Tolkien says this was at least three times the pony's worth in those days, and this seemed outlandish to me on the face of it. Three small silver coins for a pony seemed like far too small a price! So, I did some library research (remember, this research was in the 1980s, long before you could just "google" such things) And it turned out that in Medieval England, there was a denomination called a "silver penny", (later a "shilling") that was about a quarter ounce of silver and represented a week's wages for an average laborer. A week's wages! So suddenly twelve silver pennies was indeed a significant amount of money... about three months wages. And now of course I began to wonder what the coins would look like. I had been a collector of world coins since I was small... and uncles and aunts would give me the leftover pocket change from their travels. I had a sense of how coins depict the character of their respective realms.
So now we have both "small coins" of low value mentioned... presumably of copper, as well as more valuable silver coins that can be used for larger purchases.
And so the idea of Shire Coinage was seeded in my mind, though it would be many years before I could actually make anything happen.


