[unparsed]Ialiai money comes in three forms. There are the bars, which are large bars of precious metals, marked with their weight, the name of the noble family that owns them (or the mark of the Tribunal for Mystic bars). There are the coins, which are round, marked with their value, the name of the noble family that owns them (or mark of the Tribunal), and the name of the mint where they were produced. Then there are the items, which are used in the barter system of the lower classes.
Within this, there are four money "groups"
1)The barter group, which is simply a barter system used by the lower castes, especially the Untouchables, who are unallowed to receive anything blessed by a Mystic
2)Noble money that's mandated, endorsed, and regulated by the Mystics. Based on how much a noble family has, a noble may mint certain coins. This is, by far, the most common money in use.
3)Monies unendorsed by the Mystics, which is generally trader money. It's unregulated, and used mostly among foreigners and the lower classes. If a Mystic receives this kind of money, it gets melted down and formed into Mystic money, generally to be placed in the Stormguard Vault.
4)Mystic money is the basis of all Ialiai money. It is endorsed by the gods themselves, and is a direct throwback to Sheupe money. It is backed by the Stormguard vault, wherein resides most of the riches of Ialre.
The actual scale of coins is thus:
One bar is ten Sheupe.
A Sheupe is eleven High Mystics.
A High Mystic is ten mystics, or eight kings.
A Mystic is fifty commons. A king is sixteen nobles.
A noble is approximately four clerks
Posted March 3rd, 2008
by Mr. Saturday
[unparsed][quote:5915b50da7="Mr. Saturday"]There are the bars, which are large bars of precious metals, marked with their weight, the name of the noble family that owns them (or the mark of the Tribunal for Mystic bars).[/quote:5915b50da7]
Those are called ingots.
Posted March 3rd, 2008
[unparsed]No, these are bars of xanax.
Posted March 3rd, 2008
by Mr. Saturday
Posted March 3rd, 2008
[unparsed]I need to work on this aspect of Sartai culture. I know they have three basic kinds of coins: copper, silver and gold. But I don't know how they relate to each other. They also have aluminum coins that are sometimes used, but generally these don't go outside of areas that have both aluminum and magic users who can harness electricity. They have notes, which are not at the stage of being official bills, but are useful when one needs to move a lot of money without carrying a lot of coins around. They act more like checks.
As a side note, Genogeh, thanks for using my sucky, bored-looking picture from last year as your avi. I feel so loved. :P
Posted March 4th, 2008
[unparsed][quote:26cc63f37a="bloodb4roses"]As a side note, Genogeh, thanks for using my sucky, bored-looking picture from last year as your avi. I feel so loved. :P[/quote:26cc63f37a]
We weren't talking about how bored you looked on IRC.
Posted March 4th, 2008
[unparsed]Why am I [i:85d3f0f2f6]always[/i:85d3f0f2f6] right? I am always right.
Posted March 4th, 2008
by Mr. Saturday
[unparsed]Adpihi has a single planetary currency (since they're all descended from the wreck of one flotilla of settlers).
The base of their numeral system is twelve.
The fundamental unit of currency might be translated as "a day's wage"; up until the restoration of the "industrial revolution", this was usually close to the average daily earnings of a common worker, and was the daily wage of a private "footsoldier" or "policeman" in time of peace.
It is divided into the following denominations:
(but the smaller units are rarish. Government coiners rarely coin anything smaller than 1/144, and depending on time and place may not coin anything smaller than 1/48. Once there's a good postal service, stamps are usually in multiples of the 1/576 or 1/1728 denominations. Mostly the price of a single grain is around 1/6912.)
Larger denominations are;
but the higher denominations are increasingly rare. Coins valued at more than 48 are not often minted. Bills valued at more than 6912 are usually not traded by individuals, but only by corporations and governments; the printing of each bill valued at 995328 or 2985984 is a separate act of a government, usually for a specific purpose (along the lines of buying the Louisiana Purchase or founding the Federal Reserve Bank.)
Except for the basic "day's wage", each unit is either three of the next smaller (if there is one) and a fourth of the next larger (if there is one), or four of the next smaller (if there is one) and a third of the next larger (if there is one). Mostly each is twelve of the next-next-smaller and one-twelfth of the next-next-larger. (The 4 and the 1/4 are exceptions, of course; since the 4 is sixteen of the 1/4, which is a sixteenth of the 4.)
Philosophically, the Adpihi mindset begins to segue into the Reptigan mindset about the same time they go to space. By the time they have both an independent colony world (a colony of Adpihi, that is) and an alliance with a non-human species they are Reptigan rather than Adpihi; Adpihi is just a part of Reptigan.
Each species in Reptigan brings in its own native currency; but for community-wide or inter-species trade and other community-wide or inter-species economic activity, (or even for inter-world trade or economic activity, even when one species dominates on both worlds), a Reptigan-wide currency system is preferred. This currency, as well as its exchange-rate with all other currencies, is regulated by the Reptigan government. Its ratios with the species-specific currencies of member species is regulated quite effectively; but its exchange-rate with the extra-Reptigan currencies is, of course, partly outside their control, though they insist on trying nevertheless.
Posted March 4th, 2008
[unparsed]The Kigdatsi are a high-tech society, and have been since their creation, so they have never had physical currency. They don't go in for personal wealth much either; their "money" is something organisations and projects have, not people. It is entirely electronic, and therfore is represented as numbers in a database, rather than things that are passed around. (TBH, much modern money is like that too.)
Originally, they used a system of people just doing what they wanted, but experienced epic fail of the economy, since people worked on useless-but-interesting crap all the time, and used too much resources doing so, and it was not even clear what was useful. Communism was proposed, but obviously no-one would be capable of considering the billions of factors needed to plan an economy. They eventually copied the mostly-free-market capitalist system of their human creators, with the adjustments specified above. (BTW, corruption is not a problem: Kigdatsi do not have crime, they have design errors which must result in termination of the erroneous individual ;).)
Posted March 9th, 2008
[unparsed]"Epic Fail Of the Economy".
I demand that be made an economics term.
Posted March 10th, 2008
by Mr. Saturday
[unparsed]In Avaron, as whole, the monetary system is based on precious metals or gems (surprise, surprise!), but as with everything else I've concentrated more on Kalammonian monetary system and will be discussing about it.
In Kalammon three types of money all of which still base on gold standard.
The first type are the coins made out of precious metals: copper, silver, gold and platinum (and if even a bigger denomination is needed, then dereinithýl). The base coin is gíre - a silver coin (containing approx. 92% silver). A lower denomination is dybra (a copper coin containing approx. 80% copper). A díre is worth 25 dybras. Artea is a 22 carat gold coin and its worth 50 díres. A platinum coin, hydré, is worth 25 arteas and it isn't used in any common banking (the budget of the empire is calculated in hydrés, although the treasury has only a very small reserve of these precious coins).
The Imperial Treasury is the only institution in Kalammon allowed to mint coins, although private citizens has the right the make bullions and use them as currency. The imperial coins are minted with the profile of the current emperor on the other side and the imperial crest on the other.
The second type of currency are imperial cheques (called goiyas). They are issued by the treasury and are worth the sum printed in them (practically they are bank notes). The owner of an imperial cheque has the right to cash the cheque in any time and all banking institutes are obligated the redeem them. The imperial cheques are becoming more and more popular because they are easier to handle than heavy coins. The thing that keeps the amount of the cheques low, however, is the difficulty of producing them. Albeit that they are printed with a printing press, a special ink is used and the paper is hand made with delicate features that makes the forgery difficult. Only one maker manufactures the paper and the ink is ordered from the Academy of Arts (i.e. from wizards), because it is made by magic and one ingredient is the highly poisonous Wizard's Rose.
The third option are private cheques, or atrias. The difference between imperial and private cheques is that the private cheque's aren't redeemed by the Treasury, but instead by the issuer himself. The right to write private cheques is reserved to certain notable and esteemed persons (like wealthy merchants, bankers and high officials) and to all nobles, because due to their status they are assumed to have the required wealth (the bank that cashes a private cheque will recover the value of the cheque from its issuer). If the issuer wouldn't have money to buy the cheque back, the whole monetary system would be succumbed in a chaos and that's why the issuer has to have a certain amount of money deposited in the Treasury (the nobles, in principle, have a permanent account and deposit, because they receive a kind of a pension from the state).
The private cheques are kind of a credit/debit card, because usually they aren't cashed at all, but instead used to by goods from other merchants. For example, the wealthiest merchant and banker in Kalammon, Weki Dandelion of Kanara pays his employees with private cheques and employees use these cheques to buy food, pay rents etc. Almost all merchants in the biggest cities accept Weki's private cheques, because Weki has made a contract with them so that they will accept his cheques and even if the merchant hasn't got a contract with Weki he'll know and rely to the fact that Weki has the money to buy his cheques back.
But unlike the imperial cheques, the one who accepts a private cheque usually don't give hard cash back if the value of the shopping aren't as much as the value of the cheque. Instead to the back of the cheque is marked to value used from it and it is signed by the merchant and the user of the cheque. Adding marks or entries to private cheques don't necessarily void them, but imperial cheques are void if any marking has been made to them.
Still, no matter what type of money is used or how well it's protected against counterfeit forgery is done all the time and the law of Kalammon has severe punishments for counterfeiting: amputation of hands or all limbs, or decapitation even.
Posted July 3rd, 2008
[unparsed]Astronauts of course use electronic transaction. Some carry cards, others have a chip implanted between the bones of the hand. (the thought here is that if someone jacks your hand, you'd know it.) Some carry the chip in a locket or some other bauble. The chip is swiped over a reader to complete the transaction.
Ogres prefer shinies. Typical Ogrish gems include amber, quartz, and jet. All Ogrish gems have a faint aura about them, so you can't just buy a gem roller and gather stones in the Starfield and expect to get free dokma.
Toch - small round jet. Typical diameter fo 1 and a half centimeters but no bigger than two centimeters. About a cent.
Hantoch- larger cut jet. Rectangular. bout, say, 4 centimeters by two i guess. I don't have a ruler on me. Bout five tochs worth.
Tiktoch- Piece of quartz cut like a Hantoch. Named after a Myrmish quartz stick. Tichtak comes from the Myrmish word Tikt'uk which comes from the Astral (NASA talk) word, or rather phrase, Twiktucka (twig-money-piece). Worth about 15 toch. Older, or more traditional ogres might refuse to accept these newer gems.
Guan- Small bead of amber. same dimensions as a toch. worth 25 toch.
Hanguan- looks like a hantoch, but made of amber. worth 125 toch.
Other gems might not have a traditional value but are still traded on a basis of beauty and whether or not a person has them in his collection.
Ogres typically wear gems as jewelery, using weaves to keep the gems in place. Often an ogre will wear a necklace of tochs that he's saving "just in case the sky falls."
Myrmish money comes in quartz sticks called Hasa, or Tikt'uk . these sticks are usually about the length of a human's index finger and have designs carved into them that marks their denomination. Now a days, colors are also used to help out poor humans and ogres. Old worn out sticks do not carry any value, so tourists beware. That purple stick that a vender is trying to give you (instead of a proper orange one) might be a trick.
Posted July 3rd, 2008
[unparsed]In Ljene, the standard agreed upon was almost unanimously Orange crystals, or Seletsi. Orange crystals are inherently useful. Their energy is also stackable, so the same sized crystal can contain different amounts of energy (readable by the shadow part of a shadow essence, fortunately). Making Seletsi is not easy, since it involves a mass supply of crystals (made naturally during the Outer season) and a mass amount of orange energy (made naturally during the Center season).
The problem? For any planetoid of the Ljene system, the time between the Outer and Center seasons is four years.
The planetoid Iuvinot changed the "easily" obtainable currency's format, inserting metallic tubes that (provided it's not the three or four days in the Center season where all electronics go haywire) automatically morph into a readout of the Seletsi's energy levels. Those tubes also are magnetic, making storing the Seletsi together very easy.
There aren't any real "fixed" units of currency, so the Selatsi act more like debit cards of today.
Posted July 4th, 2008
[unparsed]Denomintations of Hasa. Focusing more on the color of the sticks rather than the partterns that Myrmidon use to distinguish them. I'll come up with those later.
1/120 hasa - white
1/60 hasa - brown
1/12 hasa - red
1/6 hasa - orange
1 hasa - pink
6 hasa - blue
12 hasa - green
24 hasa - purple
Posted July 6th, 2008
[unparsed]Sorry Rav, I forgot this thread was here. Not a lot on monetary items but I will cross-post what I have on the ZBB since it has something to do with economics.
[quote:de2ebc97e2="[url=http://zbb.spinnwebe.com/viewtopic.php?f=12&t=37549&p=862278#p862278]On the ZBB[/url] I"]Economies on my conworld typically tend to specialize in metals, since the planet itself is very metallic. Titanium, Platinum, Silver, Gold, Palladium, Strontium, Rhodium, Iron, and others. Many cenosaur kingdoms, and not just those ruled by the Shixa theocracy, tend to specialize in obtaining certain metals and will literally go to the ends of the [planet] to get it. There have been wars fought over rare metal mines. In addition to metals, the Shixa kingdoms also base their economies on a plant with a fibrous bulb that - upon extraction - can produce a fine glossy and almost clear fiber used in making clothes for the higher classes. The lowest or base class uses animal wool and rural communities will base their economies off of that, as well as other animal products.
The Mókura territory - later known as Mókura state - exports Iron, and reserves the exclusive right to do so, even though they allow miners from outside the territory to take it as well. They initially supply the eastern (yet un-named) colony with Iron, but attempts are continuously made to establish a proper trading relationship with the rest of the colony.
Shilamzhu city states export bronze and copper but they only started doing this after making contact with some of the eastern colonies. They also base their economies on other things like animal products and cultural crafts but this is chiefly amongst themselves.
The islands to the east of the peninsula colonized by the Shixa kingdoms used to export food products like fish almost exclusively but since the introduction of the fibrous plant I mentioned, various islands have concentrated on growing them instead. Some islands have become economically rich by doing so, but the plant has become their main - if not only - trading product because the lower bio-productivity of the islands has raised the importance of hanging onto any resources they might provide as opposed to giving them away to those on other islands and on the mainland.[/quote:de2ebc97e2]
And now monetary items...
Gold pieces in the form of oblong rectangles with round edges are used throughout the Shixa Theocratic Republic. Known simply as "gold pieces," they range in size. A half-sized gold piece is worth half as much as a full-sized one, a 3/4 size piece is worth something like 0.75% as much, and so on. The pieces aren't evaluated by weight, the way you might evaluate a gold nugget, but rather by the relative size of the piece. A full piece is about 6 inches tall, 2 inches wide, and about an inch or so thick. Maybe closer to 2/3rds of an inch thick. There are also tablets of quartzite and other minerals that can be used as money instead. Depending on the size, they may be worth more or less than a full gold piece.
In the eastern colony, the same gold pieces are used. The Mókura district uses gold pieces alongside the more traditional currency of sea salt. They also use rare stones like amber and jade but these aren't used as often or as commonly.
I don't have anything concrete thought out for the other salmuran societies.
Posted April 9th, 2011
[unparsed]With the expansion of Cerelian technologies (and business) throughout the now more centralized Veghinix, the economy has taken on a unified currency in the form of the Credit. Some countries were slower to take on the monetary system than others, but eventually they all gave in to take advantage of its simplicity.
Credits operate in two ways, depending on how wealthy the area is. In poorer areas (Iath and parts of Dracien), credits are issued in the form of vouchers -- usually in increments of 5 and 10 -- that can be turned in at local businesses, which then bring them to the banks. In wealthier areas (that are therefore more technologically advanced), credits are handled strictly through the banks and accessed via encoded crystals roughly the size of a thumb drive and verified via radio signal (sort of like an RFID tag linked to the local banks, out-of-towners usually need to get a local bank crystal by transferring credits from their normal bank). The Cerelian tech is fairly secure, but there are a handful of technicians capable of hacking the signals.
In the areas that issue vouchers, most trade goods are priced to either 5 or 10 credit amounts. This is highly functional for Iath in particular, as the average income is very low and 5-10 credit amounts equate to buying in bulk for us in the real world: it's economical and usually lasts a family from paycheck to paycheck. In urban areas and in the wealthier countries (Ulor, Xandren, Cerelios, and the Aelen Coast are entirely crystal-based currency, while the Kaelzad and the Jotunzir regions are mixed) there's more variety in quantities of merchandise.
The Wastelands are a bit different in that there are, by nature of the terrain, very few "civilized" areas. Aside from the Enclave, most of the townships and "cities" are controlled by the Vorish tribes who generally care little for technology. In these areas it's pretty much a barter system where you pay for one thing by trading another, which varies by what tribe you're dealing with. Slativor like shiny things, Terkivor like meat and weaponry, Laachivor collect herbs and anything useful for nest-building, and Veraxivor prize armor and will gladly take Terkivor heads as payment.
Posted April 10th, 2011
[unparsed]The Salthan currency is the Doka, which are various shells of different sizes and colors. The values are regulated by the goverment depending on the rarity of the type of shell. Barter is also still very common.
It' s customary to trade a bracelet made of "cheap" common shells to a person, that is traded back. This is a sort of sign of "customer loyalty" to the shop, showing satisfaction with their service.
Posted April 15th, 2011
Posted March 23rd