Post by Lyrikitty on Nov 30, 2008 23:04:37 GMT -5
Pern's currency is known as the Mark. Marks are circulated in the form of coins made of wood, apparently as a fiat currency (though, due to Thread, wood has traditionally been a scare resource during most of Pern's history), whose value is set by a meeting of the political and economic leaders of the planet, apparently as a command economy. The coins occur in the denominations 1⁄32, 1⁄16, 1⁄8, ¼, ½, 1, 2, 5, and 10 marks, with a few 100-mark coins for very large transactions.
All the coins are the same size, denominations being indicated by a stamped number. If the number has a line above it, then it represents a unit fraction (that is, 32 with a line above would be 1⁄32), whereas a line below the number indicates an integer. The ½ and 2 Mark coins are the only ones that could be potentially confused.
Every craft produces its own marks, and the supply is kept constant, new marks only being produced to replace old ones.
The Mark is a moderately large amount of money. An exact exchange rate is impossible to determine due to the differences between our economy and theirs.
All the coins are the same size, denominations being indicated by a stamped number. If the number has a line above it, then it represents a unit fraction (that is, 32 with a line above would be 1⁄32), whereas a line below the number indicates an integer. The ½ and 2 Mark coins are the only ones that could be potentially confused.
Every craft produces its own marks, and the supply is kept constant, new marks only being produced to replace old ones.
The Mark is a moderately large amount of money. An exact exchange rate is impossible to determine due to the differences between our economy and theirs.