The other night while my critique group was talking about my upcoming novella The Witch of the Sands, I got called to task about the underlying economic system for my Hounds of the North series.
After all I was an English major.
In fact, it’s probably the last thing I really think about when I put together a story since I’d rather focus on character, plot and setting than gold and silver and copper.
But when two beta readers questioned how much my band of mercenaries were getting paid to kill a warlock, I knew I had to take a step back and figure out the economic system.
So looking at the relative value of other economic systems and researching the prices of goods and wages in the Roman times and Medieval times I’ve put together a list of how my economic system will work in terms of the value of money in relation to goods and wages.
Including the price for the head of warlock.
What do you think? Am I close to the mark? Any suggestions?
Relative values of coins
|Gold||1||20||100||1000||40 gold coins to a pound of gold|
|Silver||1/20||1||5||500||80 silver coins to a pound of silver|
Wages (assume 300 days)
|Common Soldier||(50)||15,000||15||*includes 2,500 copper bonus paid quarterly and grain allowance|
|Elite Soldier||(60)||18,000||18||*includes 2,500 copper bonus paid quarterly and grain allowance|
-for a slave: 5,000 coppers
-for a warlock: 12,500 coppers
Chicken 30 coppers
Egg 1 copper
Beer 4 coppers per pint
Wine 8-24 coppers per pint
Wheat 100 coppers per 8 quarts
Rice 200 coppers per 8 quarts
Barley/Rye 60 coppers per 8 quarts
Beans 60-100 coppers per 8 quarts
Ham 20 coppers per pound
Beef/Mutton/Goat 8 coppers per pound
Fish 10 coppers per pound
Sea Fish 20 coppers per pound
Fruit 1 copper
Boots 100 coppers
Shoes 75 coppers
Winter Tunic 75 coppers
Sandals 80 coppers
Armor and Weapons
Sword 3,000 coppers (3 gold)
Helmet 3,000 coppers (3 gold)
Mail 10,000 coppers (10 gold)
Shield 1,000 (1 gold)
Axe 1,000 coppers (1 gold)
Spear 600 coppers (6 bronze)
Horse 4,000-10,000 copper (4-100 gold)
Saddle 500 coppers (5 bronze)