Goldsmith Banking: A History
In seventeenth-century England goldsmiths became what we would now recognise as bankers. Goldsmiths’ shops sold not only gold and silver plate but also instruments of credit, such as bonds and bills of exchange, and offered ‘safe’ places to lodge capital at interest. As well as offering financial services to private individuals, goldsmith bankers also became trusted financial agents to the C...
In seventeenth-century England goldsmiths became what we would now recognise as bankers. Goldsmiths’ shops sold not only gold and silver plate but also instruments of credit, such as bonds and bills of exchange, and offered ‘safe’ places to lodge capital at interest. As well as offering financial services to private individuals, goldsmith bankers also became trusted financial agents to the C...
