Meeting the mythical Robin Hood in the forest would have been a nightmare for a royal tax collector. The financial losses could have been staggering.
The saddlebags of a tax collector’s mule might hold four to five dozen pound sterling coins. How much would that be worth in today’s economy? The key to that is cows.
Scholars tell us that in Robin Hood’s time, a single pound sterling would buy 15 cows.
So at today’s cattle prices, seizing the coins in the sheriff’s saddlebag would be like capturing a U.S. armored car carrying MORE THAN A MILLION DOLLARS IN CASH.