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There were many different types of medieval silver coins.
The most widely circulated type of silver coin of the Middle Ages was the one based on the Roman denarius. Such a coin was introduced by Charlemagne as the denier, and was the basis of the English penny, Spanish denero, Italian lira, and others. In most systems, there was also a denomination that was 12 of these, and another that was 240. In England 12 pence made a shilling, and 240 pence made a pound.
The penny was roughly equal to the value of a day's work for a common laboring man for much of the Middle Ages.
The current price of such a coin to a collector depends entirely on the coin.
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