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The One Ring Forums: Tolkien Topics: Movie Discussion: The Hobbit:
I doubt that Middle-earth is subject to modern economic theory...

Otaku-sempai
Half-elven


Feb 15 2013, 3:54pm


Views: 115
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I doubt that Middle-earth is subject to modern economic theory... [In reply to] Can't Post

The currency used in the Shire was probably primarily bronze, copper and tin coins with the occasional silver piece. Gold coins may well have existed, but they would rarely be seen or used in such a rural setting--only for very large expenditures of cash. I'm sure that barter would have been common and that would require no coinage.

It would not be surprising if the larger kingdoms of Middle-earth were on some sort of standard based on precious metals (either gold or silver); until recently, that was the historical norm. The electrum coin (a mixture of gold and silver) was not an invention of Dungeons & Dragons; it was highly valued (even above pure gold) in Ancient Egypt.

'There are older and fouler things than Orcs in the deep places of the world.' - Gandalf the Grey, The Fellowship of the Ring

Subject User Time
A probably pointless thought thorinoakenshield Send a private message to thorinoakenshield Feb 11 2013, 10:49pm
    I'm not sure if this is accurate or not florian Send a private message to florian Feb 11 2013, 10:57pm
        By the book... Otaku-sempai Send a private message to Otaku-sempai Feb 13 2013, 5:55am
            ok florian Send a private message to florian Feb 13 2013, 9:57am
                Was it in the contract? stoutfiles Send a private message to stoutfiles Feb 13 2013, 2:45pm
                Bilbo and the Arkenstone Otaku-sempai Send a private message to Otaku-sempai Feb 13 2013, 3:05pm
    Yes The White Wizard Send a private message to The White Wizard Feb 12 2013, 12:19pm
    Makes sense stoutfiles Send a private message to stoutfiles Feb 12 2013, 8:08pm
        The Arkenstone was never his to take macfalk Send a private message to macfalk Feb 12 2013, 8:16pm
            Legally it was fine stoutfiles Send a private message to stoutfiles Feb 12 2013, 8:34pm
                I think it's pretty safe to say that the Arkenstone... macfalk Send a private message to macfalk Feb 12 2013, 8:53pm
                    Maybe stoutfiles Send a private message to stoutfiles Feb 13 2013, 2:51pm
                Sure, he's entitled to his "share", sauget.diblosio Send a private message to sauget.diblosio Feb 13 2013, 3:19pm
                    Then why did they have a contract? stoutfiles Send a private message to stoutfiles Feb 14 2013, 12:10am
                Actually, it did. arithmancer Send a private message to arithmancer Feb 13 2013, 3:37pm
                    I agree florian Send a private message to florian Feb 13 2013, 10:48pm
                        No, it was because he knew Thorin was crazy and would try to kill him stoutfiles Send a private message to stoutfiles Feb 14 2013, 12:10am
                            well, this is an area that is open for different interpretation florian Send a private message to florian Feb 14 2013, 12:32am
                    Cash is a very vague term stoutfiles Send a private message to stoutfiles Feb 14 2013, 12:23am
                        Gold and silver...what? Otaku-sempai Send a private message to Otaku-sempai Feb 14 2013, 1:40pm
                            Gold and silver aren't useful currency stoutfiles Send a private message to stoutfiles Feb 14 2013, 6:13pm
                                Not to be beating a dead horse but... florian Send a private message to florian Feb 14 2013, 10:22pm
                                    my husband says florian Send a private message to florian Feb 14 2013, 10:56pm
                                    hmm stoutfiles Send a private message to stoutfiles Feb 15 2013, 3:40am
                                        This thread has strayed far from the original topic but one last word florian Send a private message to florian Feb 15 2013, 9:58am
                                            Initially, no stoutfiles Send a private message to stoutfiles Feb 15 2013, 1:55pm
                                                I doubt that Middle-earth is subject to modern economic theory... Otaku-sempai Send a private message to Otaku-sempai Feb 15 2013, 3:54pm
                hmmmm marillaraina Send a private message to marillaraina Feb 14 2013, 2:29am

 
 
 

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