A new interpretation of the runic inscription on the Forsa Ring (Forsaringen in Swedish), provides fresh insights into the Viking Age monetary system and represents the oldest documented value record in Scandinavia. The inscription describes how the Vikings handled fines in a flexible and practical manner. This is highlighted in research from the Department of Economic History and International Relations at Stockholm University, recently published in the Scandinavian Economic History Review. The Forsa Ring is an iron ring from Hälsingland, dated to the 9th or 10th century. The runic inscription on the ring describes fines for a specific offense, where payment was to be made in the form of oxen and silver. (Ulrika Karlsson/Svenska kyrkan/Stockholm University) Read moreSection: ArtifactsOther ArtifactsNewsHistory & ArchaeologyHistoryAncient TraditionsRead Later 

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