^Lot 1 c. 1000BC: Trio of Bronze Age Irish gold 'Ring Money'

Gold 'ring money' in the form of three plain rings, originating from Northern Ireland. Extremely scarce as a trio. Pre Christian Ireland had a very precise set of laws which usually involved a payment by the perpetrator of a crime to the victim or the victim's family. The punishment for default was death. The records of these laws (mostly dating from Christian era documents) state that slaves and cattle were an accepted medium of large exchange. Presumably smaller exchanges were made on a similar basis with tools and ornaments. There are a number of gold and gold plated rings found in Irish and other Celtic contexts referred to as 'ring money'. The variation in the quality and standard of these pieces does not suggest a fixed denomination but rather that these items were used like hack silver and assayed at every exchange. The gold plated pieces are a problem in this context as they do not seem to be likely to have been made in imitation of solid pieces nor would they have been easy to assay. Hoards of Irish Celtic gold ornaments often consist of quantities of cloak fasteners suggesting that these items were used as a medium of exchange rather than just for fastening cloaks. But as with the ring money there is no evidence for a fixed series of weights and measures being used in their manufacture. We are grateful to John Stafford Langan, www.irishcoinage.com, for this note.