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Relative Rarity of Precious Metals
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<blockquote data-quote="Storminator" data-source="post: 844893" data-attributes="member: 305"><p>But a trillion dollar economy is huge by medieval standards. More than enough. </p><p></p><p>If your game is set in the New World, you'll have to account for the South American silver mines. They produced much more silver than gold, and really changed the European economy. There should be a rich Andean country.</p><p></p><p>Historically most places wouldn't change the number base on the currency, they would mint smaller coins. This happened many times. One pound sterling used to actually weigh one pound! So if one kingdom is minting smaller coins, the relative value between the coins will stay the same within that kingdom, but other kingdoms will rightly devalue those coins. Some minting styles are also inferior, which means some types of coins are easier to shave. Shaved coins don't have as much metal as they claim, and are less valuable. Once word gets around that one kingdom's coins are always light, those coins will be less trusted, and therefore less valuable. </p><p></p><p>Also, those hoards Kid Charlemagne mentioned would get emptied all at once; kings go to war, found new churches, build new castles, etc. So all of a sudden coins flood your economy.</p><p></p><p>PS</p></blockquote><p></p>
[QUOTE="Storminator, post: 844893, member: 305"] But a trillion dollar economy is huge by medieval standards. More than enough. If your game is set in the New World, you'll have to account for the South American silver mines. They produced much more silver than gold, and really changed the European economy. There should be a rich Andean country. Historically most places wouldn't change the number base on the currency, they would mint smaller coins. This happened many times. One pound sterling used to actually weigh one pound! So if one kingdom is minting smaller coins, the relative value between the coins will stay the same within that kingdom, but other kingdoms will rightly devalue those coins. Some minting styles are also inferior, which means some types of coins are easier to shave. Shaved coins don't have as much metal as they claim, and are less valuable. Once word gets around that one kingdom's coins are always light, those coins will be less trusted, and therefore less valuable. Also, those hoards Kid Charlemagne mentioned would get emptied all at once; kings go to war, found new churches, build new castles, etc. So all of a sudden coins flood your economy. PS [/QUOTE]
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