Steven Muhlberger, in his book Jousts and Tournaments, helps us understand the value of warhorses during the thirteenth and fourteenth centuries by looking at the records of the king’s compensation to men-at-arms for horses lost during a campaign. He says that, “the lowest value assigned to a warhorse was £5 and the highest £100.”Share
To put this in perspective, “a well-off English peasant family at the beginning of the century might earn just a little over £3 annually.” In order to qualify to become a knight, Muhlberger says that a landowner would need to make £40 a year. They were “an elite class that included at the very most 1500 men.”
With warhorses being valued all the way up to £100, some of the noblest of the beasts would be worth more than a lower-level knight’s yearly income. The loss of a horse, therefore, would be a devastating blow to all but the wealthiest of men (meaning that a man would think twice about taking his horse into battle…unless the king was willing to compensate him if his horse was lost). (Read more.)
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