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DMs against the Magical Wal-Mart
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<blockquote data-quote="Altalazar" data-source="post: 1435668" data-attributes="member: 939"><p>Yes, I understand the uncommon part. Uncommon doesn't necessarily mean all that valuable, however. It still boils down to economics. Perhaps I overanlyze things, but it always gives me an itch when I see things that don't quite seem to add up the way things really work. </p><p></p><p>I suppose one way to find out just how much a magical item is worth in your world would be to find out from your players - who have played with you a while and have learned just how rare magic items is - how much gold they would take to part with a particular item. You may find out it is a lot less than you think. Of course, part of economic theory is that certain things are more valuable to one person than another - it is, in fact, the reason we have trade at all - if I have an apple and you have an orange and if I value oranges more than apples and you value apples more than oranges, then we are going to trade apples for oranges (I'll leave the exact theory for how many of each for an exchange for someone far more ambitious than me). In other words, a magic ring of jumping might be pretty cool, but if you don't have any legs because King Arthur chopped them off in a duel, it really won't hold much value for you and you'll probably sell it - perhaps to get gold for a nice wheelchair and a servant to help take care of you in your legless state. The fact that the ring is "magic" still really doesn't mean it is useful for you. Even the Mona Lisa might not be all that valuable to a blind man. </p><p></p><p>Now I'm really off into theory-land...</p></blockquote><p></p>
[QUOTE="Altalazar, post: 1435668, member: 939"] Yes, I understand the uncommon part. Uncommon doesn't necessarily mean all that valuable, however. It still boils down to economics. Perhaps I overanlyze things, but it always gives me an itch when I see things that don't quite seem to add up the way things really work. I suppose one way to find out just how much a magical item is worth in your world would be to find out from your players - who have played with you a while and have learned just how rare magic items is - how much gold they would take to part with a particular item. You may find out it is a lot less than you think. Of course, part of economic theory is that certain things are more valuable to one person than another - it is, in fact, the reason we have trade at all - if I have an apple and you have an orange and if I value oranges more than apples and you value apples more than oranges, then we are going to trade apples for oranges (I'll leave the exact theory for how many of each for an exchange for someone far more ambitious than me). In other words, a magic ring of jumping might be pretty cool, but if you don't have any legs because King Arthur chopped them off in a duel, it really won't hold much value for you and you'll probably sell it - perhaps to get gold for a nice wheelchair and a servant to help take care of you in your legless state. The fact that the ring is "magic" still really doesn't mean it is useful for you. Even the Mona Lisa might not be all that valuable to a blind man. Now I'm really off into theory-land... [/QUOTE]
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