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Excerpt: Economies [merged]
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<blockquote data-quote="pawsplay" data-source="post: 4221181" data-attributes="member: 15538"><p>Antiques are not at all the same market. Not everyone wants antiques. Antiques are expensive because a high paying buyer will be found, but in the meantime, the item gets stored for long periods of time, perhaps even a few generation, and at great cost in terms of security and maintenance. And estate sales have to deal with selling a lot of stuff within a certain period of time. Estate sales are typically assumed to underprice items for that reason.</p><p></p><p>But any fighter in the world would want a magical sword if he could get one. All you need to do is find one with cash.... say, the local baron's son, or one that works for a reclusive wizard.</p><p></p><p>Anyway, the whole system breaks down if the PCs encounter other adventurers and decide to operate on a swap basis. That's the big reason magic items being so undervalued is ridiculous... they are, at least, equivalent to other magic items. </p><p></p><p>Plus, in a Points of Light world, you can swap magic items for many other things that are potentially valuable.... fiefdoms in areas overrun by monsters, a percentage of taxes, a noblewoman's dowry, etc. Grandmother's ruby tiara... or a flaming greatsword? I know which one I would rather have if my kingdom is being attacked by trolls.</p></blockquote><p></p>
[QUOTE="pawsplay, post: 4221181, member: 15538"] Antiques are not at all the same market. Not everyone wants antiques. Antiques are expensive because a high paying buyer will be found, but in the meantime, the item gets stored for long periods of time, perhaps even a few generation, and at great cost in terms of security and maintenance. And estate sales have to deal with selling a lot of stuff within a certain period of time. Estate sales are typically assumed to underprice items for that reason. But any fighter in the world would want a magical sword if he could get one. All you need to do is find one with cash.... say, the local baron's son, or one that works for a reclusive wizard. Anyway, the whole system breaks down if the PCs encounter other adventurers and decide to operate on a swap basis. That's the big reason magic items being so undervalued is ridiculous... they are, at least, equivalent to other magic items. Plus, in a Points of Light world, you can swap magic items for many other things that are potentially valuable.... fiefdoms in areas overrun by monsters, a percentage of taxes, a noblewoman's dowry, etc. Grandmother's ruby tiara... or a flaming greatsword? I know which one I would rather have if my kingdom is being attacked by trolls. [/QUOTE]
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