Arabic Dinars Stuck by Cruseders

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ARABIC DINARS STRUCK BY THE

CRUSADERS

A CASE OF IGNORANCE OR OF ECONOMIC SUBVERSION*

BY

ANDREW S. EHRENKREUTZ

(The University of Michigan)

The phenomenon of gold coins struck by the Crusaders in imitation


of contemporary Arabic dinars has attracted the attention of several

generations of numismatists. There exist many publications containing


interesting discussions about the historical background of the appearan-
ce and circulation of these sarracenati, as well as meticulous descriptions
of surviving specimens preserved in various numismatic collections

Although the authors of these contributions have succeeded in corre-

lating textual and numismatic evidence, they have traditionally ne-

glected certain basic historical questions concerning of the function


the gold coinage of the Crusaders and the impact of its circulation on
the monetary situation in the Mediaeval Mediterranean area. More

recently, however, there have appeared two publications in which


treatment of the coinage in question is different from the traditional

approach of the numismatists. In one of them, entitle "Monnaies a

legendes arabes de l'Orient Latin", Paul Balog and Jacques Yvon 2)


propose the following interpretation of the role of the gold coins in
the monetary system of the Crusaders. "A cote d'une monnaie
locale,
emise par chaque principaut6 ou chaque fief, il existe une monnaie de
valeur, internationale, dirons-nous, capable d'etre le moyen d'echange

*) This paper was read at the XXVI International Congress of Orientalists, New
Delhi, India; January 1964.
i) For bibliographical details concerning these publications, see Paul Balog et
Jacques Yvon, "Monnaies ? legendes arabes de 1'Orient Latin", hevue Numismatique,
6e serie, 1, I9j 8, p. 133, n. x .
2) Ihid., p. 1 3-168.
I68

par excellence dans les transactions de cette partie de l'Orient medi-


terran6en" 1). In the other contribution, entitle "Back to Gold,
Robert S. Lopez 2) considers the gold coinage of the Crusaders as an
abortive, typological forerunner of the Genoese gold coins 3). In the
present paper I wish to communicate additional evidence concerning
the gold coins of the Crusaders. It is my belief that a proper interpre-
tation of this evidence permits one to attribute to this coinage a more

significant historical function than has so far been suggested.


Before presenting this new evidence, I wish to provide a background
to my discussion by stating certain well established facts about the
monetary pattern which confronted the Crusaders upon the establish-
ment of their regime in the Near East. To begin with, one must re-
member that Christian leaders responsible for the administrative and
fiscal organization of the Frankish kingdom in the Near East originated
from the countries of Western Europe, the coinage system of which
had been for many centuries based on silver. On the other hand, it is
obvious that in establishing their regime in Syria, the Crusaders had to
align their monetary concepts and practices with the conditions existing
in that part of the Mediterranean world. As it has been discussed by
Carlo M. Cipolla, since the end of the seventh century of the Christian
era the Mediterranean area had been dominated by two strong coins
that enjoyed a predominant international prestige: the Muslim dinar
and the Byzantine nomisma 4). The international success of these "dollars
of the Middle Ages" 5) was achieved through their high unitary value,
their intrinsic stability, and because of the powerful economic assets,

l) Ibid., p, 1 3 8.
2) Economic History Review, 9, ii, 19j 7, p. 2 1 9-z4O.
3) Ibid., p. 228; Cl. Cahen in his "Notes sur l'Histoire des Croisades et de 1'Orient
Latin. III. Orient Latin et Commerce du Levant", Bulletin de la Faculté des Lettres de
Strasbourg, 2ge ann6e, 8, 195I, p. 3 3 7,conceded that the gold coinage of the Crusaders
should be regarded "comme quelque chose de plus important qu'une curiosite locale,
explicable par des besoins locaux".
4) Cf. Carlo M. Cipolla, Money, Prices, and Civilization in the Mediterranean World.
Fifth to SeventeenthCentury, 1 9 j 6,p. 20.
Cf. Ibid., p. 22; also, R. S. Lopez, "The Dollar of the Middle Ages", Journal of
Economic History, 1 1 ,195 I, p. 209-234.

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