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That depends very much on the precise time period within the Middle Ages.

If you are a craftsman holding 50 silver pence you have earned in, say, 1188 the first thing you need to do is put aside 5 pence as your tithe. When you attend church on Sunday you need to pay Church-Scot of another penny; you will have to pay any rents, fines, taxes or fees that are owed under your Feudal obligations. Then you might want to think about the "Saladin Tax" imposed on all the population of England as a response to the capture of Jerusalem by the Saracens. How much do you have left? Not a huge amount.

Your 50 pennies would have bought you a leather coat and cap; or about 8 coarse-wool sheep; or an ox; or a cow; or a poor-quality plough horse; or 5 cart wheels; or 4 farm gates; or 4 iron locks; or you could pay the rent on a virgate of land for a year.

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Q: What could 50 silver pennies buy in medieval times?
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