Wills & inventories – a quick introduction

The inventories associated with the two wills demonstrate something interesting. Inflation was rampant between 1617 and 1633. When Alice died in 1633, she had ‘seaven kyne’ valued at £21. Thomas’ own inventory shows two oxen valued at £10 13s 4d and eight kine valued at £25. This suggests that in spite of inflation in many sectors of the economy over the first third of the seventeenth century – see Hill – ‘The Century of Revolution, 1603-1714’ (1961), the price of a cow in Lancashire remained broadly static at around £3 between 1617 and 1633.

Source: Wills & inventories – a quick introduction

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