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38.77% Herald of Steel / Chapter 556: Visiting the Royal Mint

章節 556: Visiting the Royal Mint

As discussed previously, there were several reasons a noble would want to mint his own coin.

There was the factor of economic control where minting one's own coins allowed the noble to exercise greater control over their own local economies.

For instance, first and foremost by issuing their own currency, they could regulate the flow of money, set exchange rates, and even manipulate the value of their coins to suit their interests, thus providing them with quite a bit of degree of economic autonomy and influence over trade and commerce within their territories.

Then there was the symbol of authority as a personal coinage served as a powerful symbol of sovereignty and authority.

By minting their own coins, nobles could showcase their status and legitimacy as rulers, with many times their images, inscriptions, and emblems on the coins reflecting the noble's lineage, titles, or significant events related to their reign.


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