Currency in fantasy settings is usually some variant of gold, but you'd think with all the magic and alchemy around that it wouldn't be all that /rare/ and therefore not all that valuable

Like what about mithril? Get enough mithril coins and you can make armor from them for what would equate to the same amount to buy armor. /That's/ an exchange rate that makes sense.

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@owashe If you've ever seen the Dragonlance setting, one feature of it is their use of steel currency because it's the stuff of weapons and armor.

A weird historical thing; Romans technically had a gold standard backing up silver as the actual currency of exchange. For a few centuries medieval people *had* no gold coins - it was all silver or copper with gold as theoretical, and then eventually someone *did* start minting gold coins again.

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