The Value of Gold

Elaralith · Post by **Elaralith** » Thu Mar 13, 2003 4:10 pm

Greetings!

Something that concerns me highly is the low value of gold in illarion...In the medieval ages even one gold piece was highly valued and could purchase much! Gold coins are scorned in illarion at this time and that is a sad and unrealistic thing that should be changed. I have heard comments like "It's just a gold coin." lately and that reveals much about the current value of gold that does not befit illarion that is based in a medieval setting. I propose for Eliza for now to pay less for all items that can be found in illarion. Until new currencies are introduced, this is the only option I see to raise the value of gold to its proper place.

P.S. Copper, Silver etc. etc. I hope are to be implemented soon!
-Elaralith

Roke · Post by **Roke** » Thu Mar 13, 2003 6:58 pm

About the "it's just a gold coin". Could it be possible that the coin was made of materials, which are not expensive that look like gold but really aren't? Or maybe there is just a thin layer of gold around them and on the inside it is a much less expensive metal.

Fooser · Post by **Fooser** » Thu Mar 13, 2003 8:36 pm

I dont like Ingots, I dont see why they are a main base of currency over some other items....

Gro'bul · Post by **Gro'bul** » Thu Mar 13, 2003 8:40 pm

its for convenient storage fooser and buying expensive things.
@elaralith: it depends how you look at it, prices are dropping everywhere while people are getting richer, not sure how that works but thats whats happening.

treason · Post by **treason** » Thu Mar 13, 2003 9:25 pm

well if there is much gold around a single piece of gold is not worth very much. the worth of everything is set by how easy it is to get your hands on that "thing".

in the case of gold it is obviously easy: digg your shovel into the ground a few times and 'clink'.. there is your yellow nugget like friend.

in the native cultures of south and central america for example, gold was, compared to what the europeans thought of it, often not worth a damn..
and as illarion is not explicit a european, mediveal world the worth of our gold should be ok..

hope you understand me.. i have kinda like my bad english day.. to tired probally..

Fooser · Post by **Fooser** » Thu Mar 13, 2003 9:30 pm

Prices going down? Some items have gone up recently like Rings, Nuggets, Wood, and bottles i believe

Elaralith · Post by **Elaralith** » Thu Mar 13, 2003 9:41 pm

@Roke A gold coin in the medieval ages was pure gold. Coins like you mentioned with a cheap metal interior and thin gold layer were fakes, and the people that made these coins or used them and were caught by the officials: they were publicly killed by hanging etc. as an example to others.

Roke · Post by **Roke** » Thu Mar 13, 2003 9:51 pm

But couldn't the coins we have in Illarion be like those coated ones? We do not know for sure what the gold coins are made of and just because it happened in real life in medieval times does not mean it has to happen in Illarion.

Elaralith · Post by **Elaralith** » Thu Mar 13, 2003 9:58 pm

@Roke What would be the point of 'coated' gold coins except to diminish its value? Of course anything 'could' happen in illarion. For example, we 'could' have cars, and we 'could' have spaceships...but we don't because illarion is set in a medieval fantasy setting...I think that in this case of gold that illarion should follow what happened realistically in the Medieval Age.
But what is your reason for having illarion use gold coins that are not really gold coins but just cheap metal with a gold layer?

Korwin · Post by **Korwin** » Thu Mar 13, 2003 10:59 pm

As Roke said gold coins could be an alloy, like the coins we have today. There are many reason why you would have a 'fake' gold coin. First, they would look better than copper coins. Second, they could be misshapen as easily. Third, in Illarion goal is rare, but iron ore isn't. A combination of iron ore and gold would be less malleable, and look better then iron coins. There are many reasons for an iron coin rather then a solid gold coin. It just makes more sense.

Bumbol Woodstock · Post by **Bumbol Woodstock** » Thu Mar 13, 2003 11:16 pm

wouldn't solid gold coins be like bendable? anyways, back in old times gold coins were called ducots or something like that.

Gro'bul · Post by **Gro'bul** » Thu Mar 13, 2003 11:49 pm

does this mean if they arent pure gold coins we get to hang people!

Elaralith · Post by **Elaralith** » Thu Mar 13, 2003 11:59 pm

@Gro'bul Well, if someone gave you gold coins that were not really gold coins it would be the same as cheating you. Would you hang or kill a thief that cheated you in illarion right now? I guess that depends on your character's RP background. For example, my character Elaralith certainly wouldn't kill anyone for cheating/stealing from her...

Serpardum · Post by **Serpardum** » Fri Mar 14, 2003 1:29 am

Actually, there is nothing saying how big illarion's gold coins are. Perhpas they are only as big as an American dime.

But, reguardless, eventually we will have more coin types and so it won't matter. And no, we're not going to change Eliza's paying prices just to reflect how much a gold coin shoudl be worth.

That will happen *after* the new coins come to fruition

Elaralith · Post by **Elaralith** » Fri Mar 14, 2003 2:03 am

@Serpardum Then wouldn't things be unfair? All the people who made money before the new currencies were introduced would be much richer than the people who only started working after the new currencies were introduced.

Gro'bul · Post by **Gro'bul** » Fri Mar 14, 2003 2:12 am

you could always "translate" it err i dont know the word for it but you could change gold coins from their current worth now to the new system, and you could change silver ingots the same way. i suppose.

Aragon · Post by **Aragon** » Fri Mar 14, 2003 10:10 am

@ Elaralith

The same question from me time ago and Serpardums answer

Serpardum wrote:
Aragon wrote:
Are there also thoughts about the exchange of the money, kept and collected by players and guilds for making buildings in the future?
Cause in the moment 250 goildcoins = 1 silver ingot.
I think, there has to be a fair exchange system to the new moneysystem.
Of course. Most likely (though not positive) when silver and copper are implemented then current gold will be worth new silver. What will happen when we go to implement this, far in the future as of now, we would shut down the server and everyone's silver ingots/gold coins would be swapped for the appropriate currancy.

It is from this topic:
http://www.illarion.org/community/forum ... c&start=20

Elaralith · Post by **Elaralith** » Fri Mar 14, 2003 6:58 pm

@Aragon Thank you for bringing that to my attention.

Crocket · Post by **Crocket** » Sat Mar 15, 2003 4:43 am

I seem to remember reading somewhere that everyone's character would be deleted and we would have to start from scratch anyhow.

Maybe we could have coins of smaller value than gold, like copper coins, steel coins, etc. That way we could make the gold ones more rare.

Elaralith · Post by **Elaralith** » Sat Mar 15, 2003 4:49 am

@Crocket You read half of what was said, and so retain a bad memory of what truly was said. What was said was that there might be a possibility of having all characters deleted. Also what was said was that that would be in the event of a total client/game change, and will be avoided if possible.