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Copper piece value in U.S. dollars?
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<blockquote data-quote="aramis erak" data-source="post: 6495359" data-attributes="member: 6779310"><p><strong>Metal Value method</strong></p><p>9.07g of metal - that's 1/50th of a avoirdupois pound.</p><p></p><p>US spot price for copper in the last 24 hours from <a href="http://www.kitco.com/texten/texten.html" target="_blank">http://www.kitco.com/texten/texten.html</a></p><p></p><p>Copper currently $2.51 per pound for $0.0502 per cp.</p><p>Silver, per troy ounce: $16.86—$17.31 for $4.72—$4.86 per sp</p><p>Gold, per troy ounce: $1227.80—$1244.10 for $343.79—$348.34 per gp</p><p>Platinum, per troy ounce: $1233.00–$1253.00 for $345.24—$350.84 per pp.</p><p></p><p>Not a good method.</p><p></p><p><strong>annual average income model</strong></p><p>According to <a href="http://data.worldbank.org/indicator/NY.GDP.PCAP.CD" target="_blank">http://data.worldbank.org/indicator/NY.GDP.PCAP.CD</a> , US GDP per capita is $53042</p><p></p><p>Moderate income is expenses of 1gp per day, medieval taxes are 20% off the top (a tithe, or tenth, each to church and liege-lord), meaning that's 80%... assuming 365 days per year... 1*365/0.8=456.25gp/year. Let's add a GP a week for entertainment, so 52GP more (also taxed) adding 65gp/year - call it 520 GP a year as a roundish number, or 10gp/week.</p><p></p><p>Dividing it out, the GP is worth about $101.76 2014 US dollars. Which puts the cp at $1.02</p><p></p><p>Better, but still not perfect. Better still would be to compare a number of items on a standard reference list... but we lack the D&D details for that.</p></blockquote><p></p>
[QUOTE="aramis erak, post: 6495359, member: 6779310"] [b]Metal Value method[/b] 9.07g of metal - that's 1/50th of a avoirdupois pound. US spot price for copper in the last 24 hours from [url]http://www.kitco.com/texten/texten.html[/url] Copper currently $2.51 per pound for $0.0502 per cp. Silver, per troy ounce: $16.86—$17.31 for $4.72—$4.86 per sp Gold, per troy ounce: $1227.80—$1244.10 for $343.79—$348.34 per gp Platinum, per troy ounce: $1233.00–$1253.00 for $345.24—$350.84 per pp. Not a good method. [b]annual average income model[/b] According to [url]http://data.worldbank.org/indicator/NY.GDP.PCAP.CD[/url] , US GDP per capita is $53042 Moderate income is expenses of 1gp per day, medieval taxes are 20% off the top (a tithe, or tenth, each to church and liege-lord), meaning that's 80%... assuming 365 days per year... 1*365/0.8=456.25gp/year. Let's add a GP a week for entertainment, so 52GP more (also taxed) adding 65gp/year - call it 520 GP a year as a roundish number, or 10gp/week. Dividing it out, the GP is worth about $101.76 2014 US dollars. Which puts the cp at $1.02 Better, but still not perfect. Better still would be to compare a number of items on a standard reference list... but we lack the D&D details for that. [/QUOTE]
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