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What would the value of 1 gold septim be in todays money ?

JamieAubrey
JamieAubrey
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I ask as I just finished a quest, where I was given the option to pay 46 gold for ship damages and the giver said this would be enough to fix the damage and have enough left over for a tidy profit

I guess only the Loremaster knows this for sure but what would the value be ?

And to us 46 doesn't seem that great when most of us will have millions of gold but what of the citizens of Tamriel ?

I guess this is one of those shower thoughts that might not have an answer


Anyway good day to you all :D
  • Rohamad_Ali
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    I don't know but chairs are like 500 gold so probably closest to the Peso .
  • Bringer
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    The way you work this out is by taking a common item everyone has to buy and comparing it with the cost of similar items in reality.

    I went to a chef npc in an inn. I expect the food here to be fairly inexpensive but not the cheapest. Just reasonably edible food. Inside i found a steak selling for 111 gold

    If we were to compare this to a sort of one-step-above fast-food resteraunt you can find things like steak meals or whatever often on 2 for $20 menues. Given that those are deals then we can assume than a single meal would cost slightly more.

    Following this line of thinking we can say that 1 gold is probably about equal to ten cents, or 111 gold is equal to $11.10
  • starkerealm
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    A septum? If those are actually supposed to be gold coins, and not bronze or something, then quite a bit. The septum that shipped with the Oblivion CE is something like 2.5 ounces, which would have a street value of somewhere north of 1200 bucks, if it was cast in gold.

    Obviously, this isn't something we're supposed to be thinking too much about. I forget what the formal name for the coinage in ESO is. Crowns, I think (because that's not confusing). To the best of my knowledge, we've never had concrete info for how large they are, or if they're solid gold, plated, or even just alchemically treated to look like gold, but actually some other metal.
  • STEVIL
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    the problem is with different availability.

    while finding a common frame of reference like meals and coverting is fine, its very biased.

    often in historical times, any sort of manufactured goods would be extraordinarily high priced while more common place items would be cheap by comparison, simply because the ability to manufacture is so difficult.

    Similarly, depending on storage capabilities, certain types of foods may be prohibitive. Even just as far back as the 50s, fruits like bananas and pineapples were hard to come by and expensive compared to apples.

    And on the other side of things, some of the mansions built in the 1910s-1940s while expensive and opulent then, would be almost unheard of now price-wise due to some materials (marble) and manpower pricing issues.

    basically, its really apples and oranges as you cross time frame...
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  • theher0not
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    Lets just say that they are "worth their own weight in gold"
    Edited by theher0not on June 18, 2017 11:01AM
  • Jacozilla
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    I use the value stated by NPCs - in a quest turn in, two guards talk about how the ~300 gold awarded you would be enough to buy drinks for a year.

    So I calculated using a modest 2 drinks per day x 365 days, rounded to easy math at ~700 drinks.

    This implies 2 drinks = less than 1 gold

    Given that there is large margin for swag based on how many drinks per day you use as basis of assumption, it still gives order of magnitude guess that:

    1 gold = ~$8-10 in modern equivalent
  • ArchMikem
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    Assuming Septims are made from actual Gold, a quick Google search led me to the One-ounce Eagle coin. And right now, an ounce of Gold is going for $1,256.10 U.S. Dollars.
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  • Huyen
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    I would depend on the purity of the gold, the weight, and the current exchange rate. If we look at the gold coins from HP, those are worth around 2500 euros each. So in ESO they would be around the same I guess.
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  • starkerealm
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    ArchMikem wrote: »
    Assuming Septims are made from actual Gold, a quick Google search led me to the One-ounce Eagle coin. And right now, an ounce of Gold is going for $1,256.10 U.S. Dollars.

    Okay, then I was mistaken, and a single septum would be worth about 3 grand from weight alone.
  • WalksonGraves
    WalksonGraves
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    It's worth one "chapter".
  • pod88kk
    pod88kk
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    Despacito?
  • AhPook_Is_Here
    AhPook_Is_Here
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    Where is the CME group when you need them.
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  • mwo1480
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    best way to calculate, house prices, as its one of the only things who has both gold and crown price euro/dollar to crowns, crowns to gold, thn u can calculate 1 gold to dollar/euro
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  • Tirps
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    Not too sure, but if we compare prices between some ingame items abd real life counterparts I would assume that 1 gold = 10 cents.
    ps. Coins in ESO can't be Septims because Septim bloodline hasn't took over ruby throne yet. ;)
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  • Myyth
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    I think what we could consider precious metals and gems are extremely common and almost valueless in Tamriel. Maybe due to magic or elemental portals. Jewelry such as diamond rings drop like candy and can be looted from pots laying around peoples houses. My character currently has 446 diamonds and 353 emeralds. Things like Bananas and apples cost 150G. My guess is that gold is as common as copper in Tamriel and worth maybe a penny for each gold piece. Which would mean my character has about $3550.00.
    Edited by Myyth on June 18, 2017 1:51PM
  • JamieAubrey
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    Tirps wrote: »
    Not too sure, but if we compare prices between some ingame items abd real life counterparts I would assume that 1 gold = 10 cents.
    ps. Coins in ESO can't be Septims because Septim bloodline hasn't took over ruby throne yet. ;)

    Well what ever they are called in ESO universe, gold, coins, crowns
  • DanakinHytoker
    DanakinHytoker
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  • Jegpeg
    Jegpeg
    The merchants of Tamriel work on huge margins for people desperate for an item now, rather than see who is wanting to sell. If I buy something on ebay I might get it for 80% of what it would cost from a merchant, in tamriel guild store prices ar ea tiny fraction of what merchants charge so I think that is a better indicator.

    Basic item of clothing ~100 gold
    Food items ~5 gold each
    Furniture 200-5000 gold

    This would imply somewhere in the region of 5 gold = $1 however on this basis housing is cheaper in Tamriel especially for small houses (€2500 for an apartment).

  • starkerealm
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    Tirps wrote: »
    Not too sure, but if we compare prices between some ingame items abd real life counterparts I would assume that 1 gold = 10 cents.
    ps. Coins in ESO can't be Septims because Septim bloodline hasn't took over ruby throne yet. ;)

    Well what ever they are called in ESO universe, gold, coins, crowns

    If I remember correctly, the actual name for ESO's coinage is Crowns. I want to say it's used in game a couple times. Or at least, it was. The audio may have been redubbed when Unlimited came out, and Crowns became the cash shop currency.
  • Kaktus
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    Myyth wrote: »
    I think what we could consider precious metals and gems are extremely common and almost valueless in Tamriel. Maybe due to magic or elemental portals. Jewelry such as diamond rings drop like candy and can be looted from pots laying around peoples houses. My character currently has 446 diamonds and 353 emeralds. Things like Bananas and apples cost 150G. My guess is that gold is as common as copper in Tamriel and worth maybe a penny for each gold piece. Which would mean my character has about $3550.00.

    This guy's got it, you can't assume that gold has any value as a metal in tamriel just because it does on earth. If anything, its a soft metal and tamriel has no need for conductive metals (yet) so it probably has little value on its own.
  • Darlgon
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    This thread is a gold sellers paradise. Dont expect it to last too long.
    Power level to CP160 in a week:
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  • starkerealm
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    Kaktus wrote: »
    Myyth wrote: »
    I think what we could consider precious metals and gems are extremely common and almost valueless in Tamriel. Maybe due to magic or elemental portals. Jewelry such as diamond rings drop like candy and can be looted from pots laying around peoples houses. My character currently has 446 diamonds and 353 emeralds. Things like Bananas and apples cost 150G. My guess is that gold is as common as copper in Tamriel and worth maybe a penny for each gold piece. Which would mean my character has about $3550.00.

    This guy's got it, you can't assume that gold has any value as a metal in tamriel just because it does on earth. If anything, its a soft metal and tamriel has no need for conductive metals (yet) so it probably has little value on its own.

    Beyond that, it's entirely possible that the gold is being "minted" through other means. We know that it's possible to transmute iron into gold in TES, but that the spell to do so is rare. It's possible this is due to the Empire keeping it as closely guarded as possible.
  • JamieAubrey
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    Darlgon wrote: »
    This thread is a gold sellers paradise. Dont expect it to last too long.

    Now that you say that and I re read the title, well damn :(
  • Tasear
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    STEVIL wrote: »
    the problem is with different availability.

    while finding a common frame of reference like meals and coverting is fine, its very biased.

    often in historical times, any sort of manufactured goods would be extraordinarily high priced while more common place items would be cheap by comparison, simply because the ability to manufacture is so difficult.

    Similarly, depending on storage capabilities, certain types of foods may be prohibitive. Even just as far back as the 50s, fruits like bananas and pineapples were hard to come by and expensive compared to apples.

    And on the other side of things, some of the mansions built in the 1910s-1940s while expensive and opulent then, would be almost unheard of now price-wise due to some materials (marble) and manpower pricing issues.

    basically, its really apples and oranges as you cross time frame...

    This was enlightening.
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