Abstract
Between 957 and 1040, land purchases in Catalonia were often settled in pesas. This term denoted a unit of account equalling two ounces of gold or ten of silver. Both precious metals came to Catalonia from Al-Andalus in the form of dinars and dirhams. However, for many years these coins were traded not according to their nominal value, but according to their metal weight. Frankish regulations, requiring foreign currencies to be converted into local deniers, provided the legal framework. The pesa system, created by the Counts of Barcelona, allowed Andalusi coins to be traded in domestic transactions as well as in bilateral trade with Al-Andalus. This policy shows the degree to which the Catalan Counties had become alienated from the West Frankish Kingdom to which they officially belonged.
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