Leimus, I. About some Russian monetary terms used among Hanseatic merchants in Livonia and Novgorod

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Title of the article About some Russian monetary terms used among Hanseatic merchants in Livonia and Novgorod
Authors Leimus, Ivar - Doctor in Philosophy, Senior Researcher in Estonian History Museum and Tallinn University, Institute of History, Tallinn, Estonia, This email address is being protected from spambots. You need JavaScript enabled to view it.
In the section Miscellanea / Miscellanea
Year 2015 Issue 1 Pages 182-191
Type of article RAR Index UDK   Index BBK  
Abstract

Some Russian monetary terms, adapted by Hanseatic merchants trading with Novgorod, are discussed in the paper. According to some data from the 14th–15th centuries a silver ingot (a rouble) was divided into 60 zolotniks, not 48, as was the case later. Also, zolotnik was not only a weight unit, but also a monetary one.

Further, the meaning of the terms marthoubt (marten’s head, i. e. mordka) and mark schin is analysed. Mordka could mean a Livonian artig of the early 15th century. Mark schin, in turn, was a unit of account used by Germans for a grivna of coins. At the beginning of the 15th century a mark schin comprised 28 mordkas-artigs but due to Novgorod implementing its own coinage in 1420 it then equated to 14 dengas. Finally, the stuck sulvers turned from an ingot into a unit of accounting of 216 dengas during the 15th century (no later than 1487). Thus, by the end of the 15th century the following monetary system of Novgorod, adapted by Hanseatic merchants, had arisen: 1 rouble (stuck sulvers) = 216 dengas (denninge), 1 grivna (mark schin) = 14 dengas.

Keywords Hanseatic League, Livonia, Novgorod, monetary and weight system
Full text version of the article. Article language Russian
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Tags: Livonia, monetary and weight system, Hanseatic League, MISCELLANEA / MISCELLANEA