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Enchanted Trinkets Complete--a hardcover book containing over 500 magic items for your D&D games!

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Message: <blockquote data-quote="mythusmage" data-source="post: 537987" data-attributes="member: 571">Real ValuesHere's a dirty little secret of the coin business. The metal used in Ki coinage really isn't worth as much as the coins say they are. On the metals market copper goes for about 5 cents a pound. The discrepency between the coin value of silver and gold and their value as metals isn't quite so bad, but it's still substantial at 8 dollars an ounce for silver, and 400 dollars an ounce for gold. The value of the coins is based a lot on faith really, with people accepting the coins at face value largely because of tradition, and faith in the propity of the issuing nation.If you like adding in complications, you could vary the value of a nation's currency based on the particular nation's reputation. Dollars from a well thought of country would buy more than dollars from a land with a bad repute.Some countries have noticed this, and are experimenting with coins made of brass, bronze, or (in one case) aluminum. The response has been mixed, and acceptance slow, but more and more people are starting to use so called "junk metal" coins. Still, it's but a handful of countries at present.No nation on Ki has even contemplated divorcing currency from a gold or silver base. The very idea hasn't even crossed their minds. No one has yet has done a Ki verson of The Wealth of Nations, so the proposition that a nation's wealth is based on the productivity of her population and not on the value of the precious metals she holds has yet to be made.All this means that if you happen to be carrying a 1,000 dollars in aluminum coins, you can exchange it for the 1,000 dollar gold coin at any time.There you have essay three in this series. Comments are welcome. At this time I can't promise a fourth, or that I'll be able to keep it short, but keep your eyes peeled for later installments.</blockquote>

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