What was the payment in medieval times?

Answer 1

payment was in the form of barter as there was little currency as we know it. There were some coinage but that was for the wealthy and again they did do a form of

barter only on a higher scale. If you had a cow and I had some chickens I would offer you some eggs in exchange for milk or cheese. If the lord had some hawks he might

exchange them for a charger (horse) and so on. Other forms of barter included silks,

jewels, spices, perfumes, manuscripts. Also there was labour. If you helped me build a fence I would help you build your cow shed etc.

Answer 2

Coinage was used during the entire Middle Ages, though through much of the age, certain types of payments were normally made in products. Rents were often paid in labor or with a part of the crop. Barter was doubtless used at times for most payment, especially during the first 200 or 250 years of the Middle Ages.

By the time of Charlemagne, the currency system based on the solidus, introduced by Constantine the Great, had become unworkable because of inflation and a lack of small coins. He returned the economy to the older Roman denarius, which was a small silver coin, and this became standard through both his empire, where it was the denier, and the Anglo-Saxon kingdoms, where it was the original silver penny. These coins and coins like them were used throughout much of Western Europe for over a thousand years.

The coinage of the Byzantine Empire was quite different. The solidus was retained, along with a number of coins of bronze, and sometimes silver, which changed with time.