I found a couple of old threads on this topic but definitely dead dead
here and
here. The main thing they bring up is a couple of mentions of pennies, so I think the answer is yes. I believe barter was still used alot too.
Now I've also found some things on
Sindarin Dictionary two different coins apparently used in Gondor a mirian and a quarter of a mirian is a canath a silver coin.
[ March 24, 2003: Message edited by: Silmarien ]
[ March 24, 2003: Message edited by: Silmarien ]