gizmo33 said:
Because the 1-2 dollars your talking about is not a daily wage (legally) for any person in the US, so how does that really answer the question?
If you travel outside the US (and the rest of the developed world), it answers the question nicely. Quasi-medieval peasants live much like rural Africans, Asians, or Latin Americans today (or a few decades ago). An agrarian subsistence economy bears little resemblance to our modern US economy.
gizmo33 said:
I agree that it's extremely difficult to compare apples to apples, but when someone hands a peasant 4 sp, how do they feel? How grateful would they be?
That would be four days' wages to the peasant, so he would presumably be quite grateful -- but it's perhaps even more important to realize that the peasant rarely deals in metal coins, and he doesn't live around the corner from any kind of store where he might spend that silver. His gratitude might be tempered by his fear that someone will find out he has silver and come to take it away.
gizmo33 said:
What would it take to "buy someone's life"?
What's the price of a slave? What's the price of land that includes serfs to work it? Laborers produce very little wealth beyond what it takes to feed, clothe, and shelter them, so I suspect it would be fairly cheap to "buy someone's life" in a D&D economy -- and it would still only really pay off if you kept them hungry and in rags.
gizmo33 said:
I don't see the sense in trying to answer those questions in terms of US $ with some sort of caveat that the dollar amounts represent no actual economy that anyone in this country lives in.
A pre-modern economy bears no resemblance to the modern US economy we live in.
gizmo33 said:
IMO if you want someone to understand the value of a silver piece, then I think it's sensible (though approximate) to compare it to the daily wage of the poorest laborer in this country (as it is in DnD), with adjustments for some historical peculiarities that I've already hinted at.
My point is that "the" value of a silver piece varies tremendously depending on who you are. A peasant isn't even part of the monetary economy. He doesn't buy or sell things for metal coins. His life is typical of almost everyone in the pre-modern economhy.
A merchant deals in coins and accounts on a daily basis, but the merchant is part of a tiny, tiny subculture within the pre-modern world. The merchant is the one guy thinking like us, with a somewhat modern outlook toward money and economics.
The aristocrat has some money in coins, but his wealth is largely in land (and the serfs to work it). It is distasteful for him to count coins and handle accounts. That is what clerks are for. He is insulted by simple offers of cash, and he doesn't want to be seen dithering over prices. He is above all that, because he is a warrior, and he has to appear rich and powerful at all times, to maintain respect. He gives lavish gifts, and he expects lavish gifts. When he needs to spend the night somewhere, he doesn't pay "the" price for a hotel room. He stops somewhere, and the owners of the home are honored to have him as their guest, and they nervously prepare the best food and bedding they can muster. Then, when he leaves, he honors them with a gift of cash. It's not a modern transaction.