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What are the tally sticks, and how come they worked for the economy? I understand that they were a form of currency and were of fix value based on the notches, but how did they work as a currency? Were they used like banknotes and coins are used today - exchanged for one another from the highest to the lowest levels of economy? Can't imagine them being too useful on the small scale due to their size.


migrated to history.stackexchange.com by Turukawa May 1 '12 at 20:06

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