New interpretation of runic inscription reveals pricing in Viking Age

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.