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Cogs, Masks, and Crowns
I am running out of topics for break posts that I'm willing to talk about at this point in time, can you tell? =P
So I'm no economist, but I actually like the monetary system I came up with quite a bit. Sure, it's still your standard bronze --> silver --> gold, but I like the names I came up with in gold crowns, silver masks, and the so-far-mentioned-only-once bronze cogs.
Gold crowns are the largest coins, and have a crown on them as the name would imply. The crown represents the humans of the nation, since they rulers of the nation have pretty much always been human (I won't go into any more detail about the politics of the NoF than that at this point, though). Gold crowns used to be worth only 5 masks... but at some point the rulers figured the human representation of currency should be worth more, so it became a six to one ratio. The decision was made more or less overnight with no consideration for how this would affect economics at all. Not everyone was happy with the decision as you might expect, but it's long enough in the past now that no one really cares anymore.
Silver masks are actually the smallest coin, much like how the US dime is smaller than the penny. The mask represents goblins, of course. There's a reason why goblins got the second most valuable denomination of coin, but I won't go into that here in case it becomes important later. Masks are also the most commonly used coin, since the golden crowns are typically only used by nobles for the most part due to being worth so much. Silver masks are worth 5 bronze cogs, and always have been.
Bronze cogs represent... can you guess? It shouldn't be too hard to guess, but I'm not going to spell it out here. Bronze cogs are used a fair bit, but not nearly as much as masks are, usually just when a whole number of masks is too much/not enough. I suppose they're like quarters in a way (though really, they're fifths).
The other two races don't have coins that represent them, and are by and large okay with it. Maybe we'll go into why later...
So I'm no economist, but I actually like the monetary system I came up with quite a bit. Sure, it's still your standard bronze --> silver --> gold, but I like the names I came up with in gold crowns, silver masks, and the so-far-mentioned-only-once bronze cogs.
Gold crowns are the largest coins, and have a crown on them as the name would imply. The crown represents the humans of the nation, since they rulers of the nation have pretty much always been human (I won't go into any more detail about the politics of the NoF than that at this point, though). Gold crowns used to be worth only 5 masks... but at some point the rulers figured the human representation of currency should be worth more, so it became a six to one ratio. The decision was made more or less overnight with no consideration for how this would affect economics at all. Not everyone was happy with the decision as you might expect, but it's long enough in the past now that no one really cares anymore.
Silver masks are actually the smallest coin, much like how the US dime is smaller than the penny. The mask represents goblins, of course. There's a reason why goblins got the second most valuable denomination of coin, but I won't go into that here in case it becomes important later. Masks are also the most commonly used coin, since the golden crowns are typically only used by nobles for the most part due to being worth so much. Silver masks are worth 5 bronze cogs, and always have been.
Bronze cogs represent... can you guess? It shouldn't be too hard to guess, but I'm not going to spell it out here. Bronze cogs are used a fair bit, but not nearly as much as masks are, usually just when a whole number of masks is too much/not enough. I suppose they're like quarters in a way (though really, they're fifths).
The other two races don't have coins that represent them, and are by and large okay with it. Maybe we'll go into why later...