In 989 AD, Ethelred the Unready, the Anglo-Saxon king of England, introduced a deeply unpopular tax called Dangeld (Danish gold).
These were coins that Ethelred minted from the tax and they were referred to as Dangeld or ‘Danish money’ because of the powers the king ascribed to these coins.
Having minted the new coins, Ethelred then waded into the Wash off the Norfolk coast and proceeded to throw the money into the sea.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team