Drákos Currency
The Drákon League currency comes in four denominations, each of a standard consistency enforced by law. The coins are minted by the individual city-states within the Drakon league.
For reference:
- Two obols per day is enough to maintain a single individual at a basic level of subsistance.
- One silver drachma was a day's pay for a foot soldier or skilled worker, two if accompanied by a slave.
- A common slave can be purchased for one silver talent
- The one hundred rowers who crew a trireme are paid a gold talent for one month's worth of work.
Properties
Material Characteristics
| Currency | Description |
|---|---|
| Obol | An copper, or sometimes bronze coin |
| Silver drachma | A silver coin |
| Gold drachma | An gold coin |
| Silver talent | A 5 pound trade bar of silver |
| Gold talent | A 5 pound trade bar of gold |
History & Usage
Everyday use
| Required to make one: | Obol | Silver Drachma | Gold Drachma | Silver Talent | Gold Talent |
|---|---|---|---|---|---|
| Obols | 1 | 10 | 100 | 25,000 | 250,000 |
| Silver Drachmas | - | 1 | 10 | 250 | 2,500 |
| Gold Drachams | - | - | 1 | 25 | 250 |
| Silver Talents | - | - | - | 1 | 10 |
| Gold Talents | - | - | - | - | 1 |
Distribution
Trade & Market
The coins are regulated and can be used across the Drákon League city-states. They can be used in trade outside of the city-states, but exchange reates may not be fixed or consistent.
Lending institutions have recently developed within several of the city-states. These institutions, as well as state temples, can provide loans at interest rates from 5% to 15% annually, depending on circumstances and risk. Excessive rates (though not specified) are prohibited, and can be referred for prosecution.
Storage
Coinage can be stored on one's person, in a secure area in one's home (only for those with the means to protect it), state temples, and more recently in lending institutions within a particular city-states.
While not common, letters of credit can be used in long distance or large scale trade transactions.
Type
Metal
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