History Main / CheapGoldCoins

6th Nov '17 2:52:11 PM SantosLHalper
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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing value of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]].

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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, mid 13th century, gold coinage didn't even exist-- the main coin was the silver penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing value of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]].
1st Nov '17 12:03:06 PM BeerBaron
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* ''Franchise/TheElderScrolls'' series in general. 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 materials and more to their craftsmanship

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* ''Franchise/TheElderScrolls'' series ''Franchise/TheElderScrolls''
** Standard for the series. Even the cheapest items (usually VendorTrash)
in general. Thanks to mages having ability to transform common iron ore to silver and the game generally cost at least a few gold has led coins (called Septims), with no lower value currency anywhere to serious devalue of gold. The reason why jewelry is valuable is less to do the scarcity of their materials and be found. Hilariously, a gold ingot can be sold for more gold coins than that ingot would reasonably be able to their craftsmanshipproduce.
** ''[[VideoGame/TheElderScrollsVSkyrim Skyrim]]'' adds the "Transmute" spell, an Adept level [[RealityWarper Alteration]] school spell. Using it will turn any Iron Ore you are carrying into Silver Ore, and then the Silver Ore into Gold Ore. It is a rare spell (found only in two locations and not available for purchase), so it is hardly ubiquitous enough to justify the trope, though it does add to the plentiful MoneyForNothing for the PlayerCharacter.
16th Oct '17 5:08:59 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 the value of wages to fall by 13%.

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* With the conquest of the Boer republics and their valuable mines 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 the value of wages to fall by 13%.
24th Aug '17 8:04:52 AM Anorgil
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Added DiffLines:

* In contrast to the GoldSilverCopperStandard of the first four games in the ''VideoGame/QuestForGlory'' series, ''VideoGame/QuestForGloryV'' has just one coin, the drachma, which is much more heavily inflated than the other currencies.
11th Jul '17 6:11:05 AM robinjohnson
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Subtrope of FictionalCurrency and GoldSilverCopperStandard. Contrast RidiculousFutureInflation. Compare WorthlessYellowRocks.

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Subtrope of FictionalCurrency and GoldSilverCopperStandard. Contrast RidiculousFutureInflation. Compare TreasureIsBiggerInFiction and WorthlessYellowRocks.
6th Jul '17 8:55:20 AM SantosLHalper
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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing value of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]

to:

The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing value of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]
Newman[[/note]].
6th Jul '17 8:55:08 AM SantosLHalper
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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing values of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]

to:

The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing values value of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]
6th Jul '17 8:54:22 AM SantosLHalper
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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny, which had a purchasing values of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]

to:

The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinage didn't even exist-- the main coin was the silver penny, penny[[note]]which was for the longest time the ''only'' coin other than its denominations the half-penny and farthing[[/note]], which had a purchasing values of about 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]
6th Jul '17 8:52:36 AM SantosLHalper
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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinaged didn't even exist-- the main coin was the silver penny, which had a purchasing values of about $10 in USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]

to:

The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping. Before the late Middle Ages, gold coinaged coinage didn't even exist-- the main coin was the silver penny, which had a purchasing values of about $10 in 10 USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]
6th Jul '17 8:51:41 AM SantosLHalper
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The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping.

to:

The most common gold coins of the era were worth around six shillings (a bit under a third of a pound) or more, so for most people, one (generic) gold coin would represent at least a few weeks' earnings, if not a few months'. You would not use gold to do your grocery shopping.
shopping. Before the late Middle Ages, gold coinaged didn't even exist-- the main coin was the silver penny, which had a purchasing values of about $10 in USD[[note]]From "Daily Life in the Middle Ages", by Paul B Newman[[/note]]
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