Wizard Money

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However, Imperial systems were designed suitably for the days before electronic calculation, with multiples that were easy to divide for the convenience of mental arithmetic. In , however, the Galleon is represented by the , ʛ. Aubieismyhome went on to look at what this says about the socioeconomic status of the characters in the Harry Potter universe. Some of them are simple, some of them are ornate.

If there are any other mentions of wizard money in Pottermore, please let me know! That's actually not too bad compared to the price of, say, foie gras. This might provide circumstantial evidence that wizards can obtain Muggle money, and since most of them don't have Muggle jobs, they can't exchange at Muggle banks, and Gringotts is the only wizarding bank, it seems like currency exchange there would be the only way for them to legitimately acquire it. Holidays for anyone on a budget heading to the Swiss Alps for a spot of snowboarding and fondue were somewhat spoiled.

Galleons

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Date User I'd like to point out that under normal circumstances, out-of-universe information isn't allowed on this sub. But this actually fits perfectly. In the actual books, it's stated that goblins waged a war or two against wizards over the right to wield wands and the fact that the guards outside Gringotts are carrying weapons I think maybe poleaxes. Also, the reason Ludo Bagman hadn't been seen for the rest of the book series. He tried to con a group of goblins during the Quidditch World Cup and was banking on Harry winning the Triwizard Tournament and openly helping him cheat because they were threatening to kill him and he fled the country and wasn't heard from until the 2014 World Cup because, while Harry technically won, so did Cedric. It's also specifically stated to be the reason why the Goblins didn't support the Order of the Phoenix in Harry's fifth year - Ludo pissed off a lot of harry potter money converter. Christians weren't allowed to charge interest. If you can't charge interest you've no incentive to make loans no profit at all. Since Christians couldn't fill the financial roles of society, it fell to people whose religion didn't stop them from doing it. And the fucking stereotype has lasted for centuries harry potter money converter. You have to keep in mind that for the most part, the wizarding world simultaneously looks down on and fears the muggle world. There isn't a huge demand for muggle currency. Couple that with Statute of Secrecy and the wizard in question would need to melt down the galleons first to exchange as gold bullion. I don't see it happening. What's that you've got there. Oh, you're changing Muggle money. If anything, I imagine that some kind of wizarding consulate handles any necessary exchanges. When you have a non fiat currency your monetary supply is limited, so you need to keep very tight controls on it. While Flamel the only known creator may have helped the government to expand the money supply at one point in the past he did destroy all the stones on Dumbledore's advisement. So currently more gold can't be made. Selling magical artifacts to muggles, even if it's just coins, would probably be the kind of thing they take a dim view of. They're presumably enchanted against counterfeiting or destruction, after all. Wouldn't want some random dude either flooding the economy or draining harry potter money converter single-handedly. Wizard comes in with a briefcase full of muggle money and is vague about where it came from and Gringotts kicks them out. Note that I said standard here-- I'm not saying there's no exchange between them, just nothing standard. They are enchanted somehow by goblins in order to be suitable as currency, and that means that either you physically can't melt them down, because they're magically resistant harry potter money converter attempts to do so, or that goblins have some way of detecting attempts to fuck with them, and so will soon hunt you down, or, more likely, both. If you don't try to melt it, simply using a service like cash4gold or a pawn shop or jewelry seller or whatever won't work either. Either the muggle will think it isn't real gold after testing it with the usual methods, or it will draw too much attention and end in obliviation by the MoM, who will have some rather choice words to share with you see GoF. But lets say you did manage to harry potter money converter ahead of the game and get your hands on massive amounts of muggle money. The goblins aren't harry potter money converter to just convert that back into galleons. What about the scene in Chamber of Secrets you ask, wherein the Grangers are seen changing muggle money into galleons. This is a courtesy extended to muggleborns, not a standard exchange of currencies of equal value. As worthless as trying to sell sand at the seashore. But wizard society recognizes that muggleborns need to start somewhere, and that while muggle money is valueless to a wizard, in this specific case, it's not coming from a wizard, and so there is scarcity-- to the person involved. This means that you are obtaining a self-limiting government handout of real money. Self-limiting, because muggles don't have the means to effortlessly duplicate their money, and had to work hard to get it. Handout, because again, Gringotts and magic society in general has basically no use for what you gave them. They probably just burn the stuff after receiving it. It is simply a form of welfare to muggleborns to get them started in society, nothing more. Another explanation is that galleons aren't pure gold or have some kind of enchantment placed on them that makes them very hard to melt down. Selling Galleons to muggles is an offence not just under the Statute of Secrecy, but also the treaty establishing Gringotts Bank between the Ministry of Magic and the Goblin community. If you could do it you'd make a lot of powerful enemies. Also, there are limits on how much muggle currency you can convert. The service isn't there to link the two economies, it's there so witches and wizards have pocket money in the muggle world and are less conspicuous. The spell bypasses all shielding spells and ignites inanimate objects. The coin would melt given the proper tools, and you wouldn't be selling a Galleon. Just a hunk of gold. I doubt that's the only spell that'd bypass such enchantments. The wizards are incompetent and the goblins, while ruthless, are severely limited. That said, there are better ways to abuse the wizarding economy. They're an amalgam of alchemical materials that can't be counterfeited magically. They have to be physically produced. If the coins we're actually solid gold they would be absurdly expensive, heavy, and fragile. Also forex and futures markets already sorta do this without going about the tedious business of lugging the coins about. The goblins at Gringots have stock, futures, currency, and all manner of other financial endeavors offices already in place. If there's a financial market in the world the goblins have their creepy fingers in it. I'm sure they're the only ones who made it out of the 2008 financial crisis unscathed. Even fewer intermediaries will be willing to look the other way. harry potter money converter Keeping an eye on the exchange rate of the galleon versus the British Pound is a fairly critical and basic piece of data for them.

Most existing chapels are welcoming to people of all faiths and often include multiple religious symbols in the same room. When they arrive, they get whatever is in the vault and put it with the rest they've carried from home. Sickles 1 Sickle 17 Sickles 0. Once we've changed as many of the knuts into galleons as possible, there will usually be some left over. However, as one commenter pointed out, the Reddit user's values are in U.