In late Jandar 904 LC, king
Olyxx the Young of the
Kingdom of Laeryll decreed that existing elven currency would be free to trade with outsiders. This had been taboo in the preceding millennium, as the elaborate designs and rare materials used for elven currency made them too valuable for outsiders. Trading them would have disrupted the elven economy.
Yet this disruption was now exactly what Olyxx wanted. The
Declaration of War Against the Labarean Empire by the Kingdom of Laeryll had placed the kingdom in need of capital and Olyxx wanted the elites to sell of their amassed elven currency. Additionally, he wanted to move away from the standing practice of using Labarean coins for international trade: he had long had plans to mint new coins, of much lesser value than the old ones, that could substitute Labarean currency. By first allowing a sell-off of the old currency, Olyxx kept the Laeryllian elites happy and gave himself the opportunity to hire mercenaries from outside the kingdom. The second step in his plan would be to start minting new coins, to make Labarean currency illegal and then to smelt remaining Labarean coins in order to mint new Laeryllian coins.
New currency
Also see: Currencies
The new currency of the Kingdom consists of four coins: a copper coin, a silver coin, a gold coin and a platinum coin.
| Description coin |
Value (in Labarean currency) |
| A copper coin with the portrait of Bothandal the Crafter |
1 copper piece |
| A silver coin with a picture of a bird's nest |
1 silver piece |
| A gold coin with the portrait of Olyxx the Young |
1 gold piece |
| A platinum coin with the portrait of Ceanna the Wise |
30 gold pieces |
The minting of these coins starts on 1 Llorik, 904 LC and will gradually replace Labarean coinage.
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