Chapter 1347 - Minting Rights

Not to mention that the nobles who were already suspicious of the bank couldn't sit still, the elves behind them, and the empress on the throne, all had expressions of disbelief, looking at someone in a daze and telling the truth. Regardless of whether any of these people were for or against, they were not prepared for such an answer, and certainly could not answer it.

Lin smiled triumphantly, glancing left and right at the group of people who had been frightened by him. The attitude of the elves was relatively calm, but they could still read the pleasure in their expressions to see their own people tear down their own desks. Sure enough, this group of pointed ears that can't tell their age is a representative of white skin and black eyes. Someone sneered.

But the performance still has to continue, and if the play is not sung, it will completely scare everyone, and someone will feel sorry for themselves. He slowly took out his wallet from the inner pocket of his bosom, although the money bag sewn out of the brocade scraps did not match the suit. But every inch and every minute of that slow movement was imprinted in everyone's impressions, until Lin took out a golden Keyin.

Five fingers and one finger, and the Holy Emblem of Ke Yin on the back of his hand is glowing. The gold coin containing the same divine power floated above the palm of its hand, spinning with a wonderful speed change frequency.

The area of the gold coin is not large, and the area circled by the index thumb of an adult is smaller. Under the influence of distance, the old man and the old woman and nobles present should not be able to see the details on the gold coin clearly. But the fact is that whether it is the Coin emblem on the back of the coin or the head of the goddess on the front of the gold coin, it is clearly printed in everyone's eyes.

"Kim Keyin."

With a flick of his hand, a silver coin and a bronze coin appeared on the left and right sides of the gold coin.

"Silver Keyin, Copper Keyin."

Put her hands together and scatter them outward, and instantly take a representative of the various coins that the goddess of gold coins has received so far, and divide them according to the secular hierarchy.

The top three are the Coin coins of the goddess of gold coins. The five pieces in the second row are the fine coins minted by the five empires. There are more than a dozen coins in the third row, which are ordinary coins that have reached the passing standard line in terms of gold content and striking technology. The lowest row is the crooked melons and cracked dates collected from all over the world.

There are actually many more types at the bottom. However, Lin eliminated the bad coins that had been badly minted because of wear and tear, and kept only the coins that were inherently inferior in minting technology and of very low purity, and made the number slightly more than the number of ordinary coins in the third row.

As a great traversal from a world of material abundance and cultural prosperity, it is normal to have a collecting fetish. Anyway, I just asked the goddess to leave him a coin that he had never seen, and exchanged it for his equivalent savings. Maybe one day in the future, I can get a museum of the history of numismatics to leave a mark on this history.

But I'm not in a hurry to talk about the museum. After showing the different coins that the goddess could collect, Lin said:

"The biggest problem with coins used in the past was purity. As for the minting technology, whether the coin is beautiful or not, etc., in fact, it is a derivative process of the coin purification technology. Where the purification is not done well, most of the minting technology is not very good, and the natural coins cannot be beautiful.

"It is well known that the coins minted by the five empires are the purest and the rest are classified as ordinary coins. Inferior coins that are visible to the naked eye are considered bad money. It may be prohibited or used at a discounted price. This raises the question for most people, how much is the value of the coins in their hands? ”

With a flick of the hand, the displayed coin floats to a higher position, along with a magnified projection of the coin, as well as various parameters about the coin. Including the weight, purity, diameter, thickness, and finally calculate the weight of the pure metal, and show how many coins can be exchanged for gold, silver, copper, and coins.

Of course, so much data filled the air in the hall, but it frightened the nobles who were still in shock. Not to mention that this is just a simple comparison of numbers, but for the illiterate and semi-literate who do not know how to use statistical reports, this scene can indeed deter many people.

An unscrupulous traverser continues to bomb:

"With the help of the priesthood and divine power of the goddess of gold coins, the composition and weight of these coins can be finely divided, and finally an absolutely fair and impartial data can be obtained. Based on this data, the amount of coins exchanged for Coin is calculated. The specifications of the Coin are determined by reference to the type of use and weight of ordinary coins.

"As a general rule, users do not feel alienated from their past experiences when they pick up coins. The value of the coin itself is not much higher or lower than the value of the coin used in the past. There is no doubt about the power and justice of the gods. Every Coin issued by the bank is exactly the same as thousands of other Coin coins. This was true before today, and it is true after today. ”

A certain traversal was very disgusting, and used magic to conjure a balance and placed it on the podium in front of him. and put a Jin Keyin on the left and right sides, and then watched the balance tend to balance.

"The coinage technique of the goddess, supported by divine power, is incomprehensible to mortals. Even if the Empire is a good man, there is no guarantee that any two coins will be identical. ”

As if to prove what he said, Lin conjured a scale, and then put a gold empress of the Karlsruhe Empire on the left and right. Just look at the balance very uncompetitively tilted, and the tight string in the hearts of all the nobles seems to have broken.

"In addition to the aesthetics, the biggest benefit of advanced coinage is the confidence of the user. Is it true that everyone in the land is willing to treat the coins minted by the five empires as fine money and give them the highest value evaluation, just because it has a double-sided engraving? ——”

Lin specifically pointed out an ordinary coin and enlarged its data,

"β€”Among the ordinary coins I have come into contact with, it is not uncommon for them to be purer than the fine coins of the five great empires. However, these coins are not necessarily due to the skill of the minter, it is likely that the purity of the ore itself is high enough. However, this advantage did not give these coins any more confidence, and in the hands of the user, the value of one-sided coins was still inferior to that of fine money. ──”

With a flip of his hand, Lin conjured a mutilated coin minted by the Karlsruhe Empire, but which was regarded as bad money.

"The so-called bad money is not necessarily due to too low purity, and many of them are just the result of the wear and tear of the coins after a long period of use, resulting in a bad appearance. Even if such a coin is pure enough, it may not be worth enough to make the weight of pure metal lower than the average of the coin, and it is not unjust to be regarded as a bad money of insufficient value. ”

With a swipe of his hand, retrieving all the seemingly complicated data, Lin mixed together all the coins below the Keyin coin and continued:

"The current situation in the world is that all kinds of coins are in circulation and are being used by everyone at the same time. Basically, people use what they get. What happens to this coexistence at a time when the Coin issued in the name of the goddess has not completely replaced other coins?

"In addition to the person who asks for money, he finds a way to exchange the coins in his hand for absolutely fair coins with the guarantee of the gods, and the other methods are nothing more than discounting and abandoning. I think you're already familiar with the use and discarding of trade-ins.

"It is nothing more than to increase the value of the item sold when there is a lack of confidence in the coin, to collect more money to make up for the shortfall, or to simply disuse it as bad money. But with the addition of coins like Coin that guarantees fairness, things are different. ”

Put your hands together so that all coins, including Coin, are at the same height.

Unlike other coins, which are worn out and stained after use, the Coins are protected by divine power and remain in a sparkling state at all times, which is truly loved by everyone. Someone continues to fire:

"Compared to the crude pricing method used by ordinary people when using various coins, the priesthood and divine power of the gold coin goddess allow her to judge the value of each coin fairly. The consistency of the coin, as well as its ability to withstand wear and tear and defacement under divine protection, are also more suitable as a benchmark for all coins. Can anyone deny this? ”

Glancing at everyone present again, Lin smiled evilly and said, "So has anyone ever thought about what the gap between the price of ordinary people and the goddess when they use the non-Coin coins in their hands represents?" ”

If there is a time-traveling person from the modern era of the earth, you should be familiar with this thing, which is called 'exchange rate', a very special financial commodity. Stocks speculate on companies, and exchange rates speculate on countries.

A company's assets and liabilities can still be reasonably estimated for those who are interested. The stock represents the actual value of the company. And the exchange rate, in addition to considering the size of a country's economy, also involves the amount of currency issued, which is not as easy to estimate as a company.

It's just that in the modern financial markets of the earth, whether it is stock prices or exchange rates, they have long since gotten rid of the sum of the values that they should represent a company or a country. Instead, it becomes a financial commodity, allowing people to speculate and fly or fall into the abyss.

Of course, Lin didn't want to enter this stage too early, or to enter this stage while he was still there. Because to this extent, it is not something that a small traverser can control. Before someone crossed over, he was just an academic fat house, not the helmsman of some invisible chaebol.

But everything is unpredictable, and some things can not be avoided if you don't want to.

The holy city of Estali, the birthplace of banking, has seen shrewd traders see the spread between Coins and other coins as a viable source of profit. So these people are doing their best, by working and buying, and collecting old coins. These old coins are then exchanged for Coin coins through the bank.

A cow is skinned in two layers, and that's what those greedy hyenas are doing. If you are more savvy, you can buy old money directly with Coin coins! Ransom it in a very exaggerated proportion, and then go to the bank and generate a profit.

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