The earliest medium of value used as coin was the Baug (ring), which is mentioned in Rigsmál, and in the earlier laws. We find that the reckonings were by marks and aurar. One mark was 8 aurar (1 oz.); one eyrir was divided into eight ortugar, and one ortug into ten or sixty penningar; this latter is sometimes mentioned as being of gold; it was customary to weigh the medium of exchange.
Fig. 1003.—Iron weight, real size, inlaid with bronze, weighing 4¾ oz.—Götland.
Fig. 1004.—Iron weight, real size, inlaid with bronze, weighing slightly over ½ oz.—Rosenbys, Götland.
Fig. 1005.—Bronze weight, size, found in the real black earth, Björkö.
Fig. 1006.—One of ten weights found with balance. Real size.
