History Main / CheapGoldCoins

28th Mar '17 3:39:59 PM SantosLHalper
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* With the conquest of the Boer republics in 1902, gold flooded the British markets and the Gold Sovereign (a 1-pound coin) became an everyday item, possibly making Edwardian Britain one of the few RealLife examples of this trope. [[RealityEnsues On the other hand,]] the proliferation of cheap gold meant that the value of the pound fell dramatically, causing prices to inflate by a third and ''real wages''[[note]]i.e. the actual purchasing value of a worker's wage, not the number of pounds they were earning[[/note]] to fall by 13%.

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* With the conquest of the Boer republics in 1902, gold flooded the British markets and the Gold Sovereign (a 1-pound coin) became an everyday item, possibly making Edwardian Britain one of the few RealLife examples of this trope. [[RealityEnsues On the other hand,]] the proliferation of cheap gold meant that the value of the pound fell dramatically, causing prices to inflate by a third and ''real wages''[[note]]i.real wages[[note]]i.e. the actual purchasing value of a worker's wage, not the base number of pounds they were earning[[/note]] to fall by 13%.
28th Mar '17 3:39:12 PM SantosLHalper
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Added DiffLines:


[[folder: Real Life ]]
* With the conquest of the Boer republics in 1902, gold flooded the British markets and the Gold Sovereign (a 1-pound coin) became an everyday item, possibly making Edwardian Britain one of the few RealLife examples of this trope. [[RealityEnsues On the other hand,]] the proliferation of cheap gold meant that the value of the pound fell dramatically, causing prices to inflate by a third and ''real wages''[[note]]i.e. the actual purchasing value of a worker's wage, not the number of pounds they were earning[[/note]] to fall by 13%.
[[/folder]]
26th Mar '17 9:08:58 AM nombretomado
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*** Which is handled fairly realistically in [[http://comic.nodwick.com/?comic=2005-09-07 this]] ''{{Nodwick}}'' comic.

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*** Which is handled fairly realistically in [[http://comic.nodwick.com/?comic=2005-09-07 this]] ''{{Nodwick}}'' ''{{ComicStrip/Nodwick}}'' comic.
5th Feb '17 10:00:02 PM Pagani800
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* Played dead straight in nearly every ''TabletopGame/DungeonsAndDragons'' video game (much as in the tabletop game itself, mentioned above) except ''VideoGame/PlanescapeTorment'' where all money in the game is rendered in copper coins. You start the game in the [[WretchedHive Hive Ward]], home to the poorest of the poor in [[CityOfAdventure Sigil]], so the idea of finding any kind of gold coinage there is beyond ridiculous. Later, despite moving into more affluent areas, the sole coin remains copper because the game engine was designed only to use one kind of currency, even if buying late-game gear with them would be like buying a car with pennies.

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* Played dead straight in nearly every ''TabletopGame/DungeonsAndDragons'' video game (much as in the tabletop game itself, mentioned above) except ''VideoGame/PlanescapeTorment'' where all money in the game is rendered in copper coins. You start the game in the [[WretchedHive Hive Ward]], home to the poorest of the poor in [[CityOfAdventure Sigil]], so the idea of finding any kind of gold coinage there is beyond ridiculous. Later, despite moving into more affluent areas, the sole coin remains copper because the game engine was designed only to use one kind of currency, even if buying late-game gear with them would be [[PayingInCoins like buying a car with pennies.]]
4th Feb '17 8:16:43 PM Gatomon41
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* ''TabletopGame/HeroRealms'' has all the players start off with Gold coins, even if they're playing different character classes. Gold is also the lowest paying Item in the game, and this being a Deckbuilder is one of the cards to get rid of from the deck. Eventually, players will upgrade to higher paying Fire Gems and Actions, and sacrifice or discard Gold to get better cards.
29th Nov '16 6:33:36 PM DastardlyDemolition
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** Done more sensibly in ''[[VideoGame/FalloutNewVegas Fallout: New Vegas]]'', since only Caesars Legion issues gold coins, and they're worth [[ShownTheirWork 25 of their silver coins]]. It's still only equivalent to [[WeirdCurrency 100 caps]] though.[[note]]Given that $100 of Pre-War Money is worth 10 caps, this is about equal to $1000 dollars, so it's roughly equivalent to today's gold prices, assuming the Aureus weighs 1 ounce. And assuming that pre-war dollars were worth as much as real-world 21st century dollars despite the economic troubles they had leading up to the war and that they retained that value AfterTheEnd.[[/note]]

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** Done more sensibly in ''[[VideoGame/FalloutNewVegas Fallout: New Vegas]]'', since only Caesars Legion issues gold coins, and they're worth [[ShownTheirWork 25 of their silver coins]]. It's still only equivalent to [[WeirdCurrency 100 caps]] though.[[note]]Given that $100 of Pre-War Money is worth 10 caps, this is about equal to $1000 dollars, so it's roughly equivalent to today's gold prices, assuming the Aureus weighs 1 ounce. And assuming that pre-war dollars were worth as much as real-world 21st century dollars despite the economic troubles they had leading up to the war and that they retained that value AfterTheEnd.[[/note]][[/note]] The NCR used to mint gold coins but during the NCR-Brotherhood war, the Brotherhood of Steel blew up the NCR gold deposits and their economic situation has only been going worse and worse as $100 NCR dollars give a measly 40 bottle caps, something citizens and military personnel in New Vegas bemoan.
20th Aug '16 9:48:05 AM nombretomado
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** Gold is common enough in the {{Dragonlance}} setting that it isn't even valuable enough to be used for coinage at all.

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** Gold is common enough in the {{Dragonlance}} ''Literature/{{Dragonlance}}'' setting that it isn't even valuable enough to be used for coinage at all.
25th Jul '16 12:20:55 AM PaulA
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* Realistically averted in [[Literature/{{Chalion}} The Curse Of Chalion]]: ''one'' gold coin is enough money to make Cazaril very frightened of muggers, and the first thing he does when he gets to a city is change it for more practical copper pieces. Further, he cannot do this at just any shop; he has to visit a moneylender.

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* Realistically averted in [[Literature/{{Chalion}} The Curse Of Chalion]]: ''Literature/TheCurseOfChalion'': ''one'' gold coin is enough money to make Cazaril very frightened of muggers, and the first thing he does when he gets to a city is change it for more practical copper pieces. Further, he cannot do this at just any shop; he has to visit a moneylender.
8th Jun '16 5:35:28 PM Ulkomaalainen
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* ''Franchise/TheElderScrolls'' series in general. In ''[[VideoGame/TheElderScrollsVSkyrim Skyrim]]'', one merchant mentions that with the dragon attacks supply routes are cut off and he can charge almost anything.
** Also thanks to mages having ability to transform common iron ore to silver and gold has led to serious devalue of gold. The reason why jewelry is valuable is less to do the scarcity of their material and more to their craftsmanship

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* ''Franchise/TheElderScrolls'' series in general. In ''[[VideoGame/TheElderScrollsVSkyrim Skyrim]]'', one merchant mentions that with the dragon attacks supply routes are cut off and he can charge almost anything.
** Also thanks
Thanks to mages having ability to transform common iron ore to silver and gold has led to serious devalue of gold. The reason why jewelry is valuable is less to do the scarcity of their material materials and more to their craftsmanship
8th Jun '16 5:33:28 PM Ulkomaalainen
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*** This was actually explained as a superstition in the very first book. While there is indeed an abnormal metal density in the Counterweight Continent that balances out the Disc, the metal in question is not gold but Oticron, a highly magical mineral, and most of it is buried far too deep in the crust to be mined. Gold is 'only' about as common as copper, there.

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*** This was actually explained as a superstition in the very first book. While there is indeed an abnormal metal density in the Counterweight Continent that balances out the Disc, the metal in question is not gold but Oticron, Octiron, a highly magical mineral, and most of it is buried far too deep in the crust to be mined. Gold is 'only' about as common as copper, there.
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