Currency

The World of Langthil

The day-to-day trade of the average person rarely involves currency, instead being based almost entirely on bartering what one has for what one needs. Currency only enters the picture when one is dealing with vast amounts of wealth, or especially when one needs to store their wealth, or when trading across borders.

Most nations mint a set of metal coins in various values; some nations mint more than one. Most coins are minted from silver, gold, or copper, although lead coins plated in one of the other metals are also common; somewhat less common are mixed-metal coins, such as a layer of gold sandwiched between two layers of silver, or a coin with a small silver disk surrounded by a gold ring. Owing to its magical properties, silver is the most valuable of these metals, followed by gold, then copper, and finally lead.

When nations mint a new coin, they decree the relative value of the coins. This can be as simple as two Half Royals being equivalent to a Full Royal, but more often the differences in values are more significant.

However, exchanging coins between nations is problematic, due to the fact that decided their relative worth is inherently subjective. To this end, the Guild has established the weights system, which as its name suggests bases the relative value of coins on their respective weight.

The day-to-day trade of the average person rarely involves currency, instead being based almost entirely on bartering what one has for what one needs. Currency only enters the picture when one is dealing with vast amounts of wealth, or especially when one needs to store their wealth, or when trading across borders. Most nations mint a set of metal coins in various values; [[currency (eldrin empire)|some nations]] mint more than one. Most coins are minted from silver, gold, or copper, although lead coins plated in one of the other metals are also common; somewhat less common are mixed-metal coins, such as a layer of gold sandwiched between two layers of silver, or a coin with a small silver disk surrounded by a gold ring. Owing to its magical properties, [[silver]] is the most valuable of these metals, followed by gold, then copper, and finally lead. When nations mint a new coin, they decree the relative value of the coins. This can be as simple as two Half Royals being equivalent to a Full Royal, but more often the differences in values are more significant. However, exchanging coins between nations is problematic, due to the fact that decided their relative worth is inherently subjective. To this end, [[the Guild]] has established the [[weight (currency)|weights system]], which as its name suggests bases the relative value of coins on their respective weight.
Last modified on Jan. 2, 2018, 2:22 p.m.