Money

Money

Absalom's currency modern consists of copper pennies, called Sheafs, silver Stars, electrum Eagles, gold Lions, and platinum Sphinxes.  Older currency of Absalom exists as well, some of it is more valuable than its modern equivalent, while some if more debase.  Foreign currency is used and accepted as well, but only official Coin Of the Realm (COR) is useable for official ie government transactions.

Copper Sheafs are the earliest minted coins known in the world, and have been minted on the Island of Korvosfor almost 4,000 years.  It is a simple round copper piece decorated with a sheaf of wheat.  Modern Sheafs have 4 wheat figures entwined on them; each wheat sheaf demarks a thousand year millennium already passed, so that the oldest coins bear the least number of wheat sheafs.   Unlike other coins, older Sheafs are not more valuable than newer ones. 

For the first 1,600 years of Absalom’s history, silver Crowns were minted instead of Stars, and their purity over modern coins is well known.  An ancient silver Crown is worth twice a modern silver Star.  Electrum is an amalgamated metal made up of gold, silver, and a bit of copper.  It is too soft and pliable for practical use, but its shiny properties makes for nice coins and fancy decorative uses.  The gold Lion has only been around 330 years, but the law in Absalom requires old minting of gold to be recycled and re-minted in order to preserve the purity of the COR.  The rare ancient gold coin which escaped the melting pot is considered de-based, and worth only half as much. 

Platinum is the coin of large banks, merchant guilds, estate houses, and royalty, and rarely circulates in the street markets, except in the high end sections of the city.  Platinum is the only currency allowed to be minted and traded in bulk weight bars, and only for official use.  A platinum bar is worth 1,000 pp, or 10,000gp, and all are stamped with the royal Sphinx clutching three stars.  It is highly illegal for anyone holding on to or trying to buy, sell, or trade these bars without express written consent of the Grand Council.

The main bank for Absalom is the Grand Temple of Abadar, located in the Ascendant Court; smaller branch offices are located in the Foreign Quarter, the Merchants Quarter, and the Wise Quarter.  Moneychangers can be found in stalls in The Coins, The Docks, Eastgate, and Westgate.  Bank deposits are ensured by the Church of Abadar and the Grand Council of Absalom; official clients may change money for 5-10% rate, depending on the coinage; non-clients may exchange at a flat 15% rate.  Moneychangers charge anywhere from 10-33% on the street, and are neither insured nor guaranteed against forgery.  Forgery is punishable by exile in Absalom.

 

Coin

Copper Value

Silver Value

Electrum Value

Gold Value

Platinum Value

Copper Sheaf

1

1/10

1/50

1/100

1/1000

Silver Crown

25 Sheafs

2 Stars

1/2

1/5

1/50

Silver Star

20 Sheafs

1

1/5

1/10

1/100

Electrum Eagle

100 Sheafs

5 Stars or 2.5 Crowns

1

1/2

1/50

Gold Lion

1000 Sheafs

100 Stars or 50 Crowns

25 Eagles

1

1/10

Platinum Sphinx

10000 Sheafs

1000 Stars or 500 Crowns

250 Eagles

10 Lions

1

Sphinx Bar

-

-

-

10,000 Lions

1,000 Sphinx

 

Money

Shadows of Absalom PaulAPresenza