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In Anglo-Saxon times, currency was primarily based on silver and the value of goods, rather than direct conversions from modern currency. The unit of exchange was often measured in "pennies" (pence), with 240 pennies equaling one pound. Since 200 shillings is equivalent to 1,000 pennies in modern terms, it would represent a significant amount of wealth in the Anglo-Saxon economy, potentially comparable to several cattle or a substantial piece of land. However, exact conversions are difficult due to differences in economic structures and the lack of standardized currency values.

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1w ago

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