As far as actual buying power, I've been running games with 1 gp = 100 USD so my players here get a decent grip on it.The way I see it, the D&D monetary system is essentially based on the American monetary system, insofar as:
If 1 gp = $1, then 1 sp = 1 dime (which is silvery) and 1 cp = 1 penny (which is coppery).
1 ep is like a 50 cent coin, while 1 pp is essentially a $10 coin.
NB. I’m not talking about buying power so much as the breakdown of / relationship between the coins.
I always saw 1gp as ~$10 US.The way I see it, the D&D monetary system is essentially based on the American monetary system, insofar as:
If 1 gp = $1, then 1 sp = 1 dime (which is silvery) and 1 cp = 1 penny (which is coppery).
1 ep is like a 50 cent coin, while 1 pp is essentially a $10 coin.
NB. I’m not talking about buying power so much as the breakdown of / relationship between the coins.
While true, 1:100 or 5:1pound instead of 20:1 & 50:1 is also easy and would mitigate a lot of problems with the overly generous carry capacity among other bribery type thingsAlso, 1:10 is easy math.
Well 1 gp is generally 10 sp. D&D isn't remotely realistic. I know gold is worth more than that. So I checked spot prices.
Unless Google lied to me it's closer to 75 to 1. 1sp is closer to a cp IRL
By that logic, shouldn't diamonds be worth a lot more in D&D given all the need for diamond dust?In D&D, silver is a lot more expensive than on Earth, because there is a constant demand for powdered silver to create holy water. This consumes the silver, taking it off the market permanently.
It's basic economics, really.
Historically, the ratio was usually between 11-13 silver to 1 gold. This changed once the Spanish started shipping back huge amounts of silver to Europe in the 1500s and went up to around a 15-18 silver to 1 gold.The Roman silver-to-gold ratio by weight stayed pretty close to 12 silver = 1 gold, both as recorded in written records of official pronouncements and as measured by comparing the weight of Roman coins. Ten to one would, of course, be the decimalized approximation of this ratio.
The 1878–1904 Morgan silver dollar contained approximately 24 grams of silver, to the 1849-1907 Liberty Head double eagle's approximately 30 grams of gold, reflecting a 16 silver = 1 gold ratio by weight. The coins' face values were such that 20 of the silver coins equaled one of the gold, which one might recall was the AD&D 1st edition sp to gp rate.
(Oddly enough, AD&D 1st edition coinage was entirely decimal except for the gold piece. 1,000 cp = 100 sp = 10 ep = 1 pp, all of which equaled 5 gp.)