Li Shenron
Legend
Mistwell said:DMG Page 42 under "Making a New Character" it says:
"As a general rule, a new character can spend no more than half her total wealth on any single item, and no more than one quarter the total wealth on consumables such as ammunition, scrolls, potions, wands, or alchemical items."
Doh!! I cannot find this in my 3.0 DMG... Is it a 3.5 thing?
Here in the 3.0 DMG "Creating Characters above 1st level", after the wealth by level table, I find only a paragraph "Limitation on Magic Items".
It starts brilliantly with a "You're free to limit characters to what items they can choose..."

Then it actually gives an example that with 27000gp total you can limit each item to 5000gp.
I think these kind of limitation rules have a couple of good points:
- first they may prevent having item with specific powers too soon (e.g. an item with teleportation, before the characters can normally have teleportation spells -> but can this happen really? a deeper study of item gp costs would be interesting)
- second they result in PCs which are more similar to what they would be if they had been actually played through all the levels
However, I just prefer to be told I'm free to do what I think it's best for my game, instead of being told "it's the rule, if you don't like it change it but you're on your own".