Sargerothian Currency

Sargerithian Currency has changed little over the eras. However, a basic breakdown of the City's currency is explained here.

Early Barter System
From the beginning of Sargeroth's history, a Barter system of economics was used. Most Sargerithians could create or forage items worthy of trade. As soon as precious gems and metals were found however, the system quickly adjusted to create a balanced economic system.

Gold Standardization
House Blumen, the ruling family of Greater Sargeroth wanted to create a system which could allow the exchange of goods without having to trade anything necessarily of value in return. Seeing how coveted gold was becoming in the city, the Blumens began accumulating a large amount of ore in preparation for their venture.

After a few years of bolstering the value of gold (which was is not actually very rare at all) the Blumens began paying their servants and soldiers in what they called "Schmeckles". They were simply pressed nuggets of gold with the Blumen insignia on them. Soon the other major houses began making schmeckles of their own.

Within a decade, the Royal Houses had cemented gold as the new standard currency for the City. It occurred with virtually no resistance from the population who were salivating at the thought of owning gold themselves.

This basic system lasted without major change for over 1,000 years until the 3rd era when Iron coins were institutionalized.