Money



Money is some amount of copper pieces, silver pieces , gold pieces , or a combination of any those types of coins. Your current total is shown at the bottom right of your open backpack window. In World of Warcraft, money is usually just referred to as "gold".

Using money
You can spend it at a vendor NPC, trade, mail it to other player characters, pay for a flight from the flight master, bid with it for an item at the Auction House, use it as a deposit to auction at the Auction House, or just save it.

Other uses are to buy additional bag slots at the bank or hunters can buy stable slots for their pets from a stable master.

Obtaining money
You can get money by looting dead mobs, completing quests, selling items to vendor NPCs, via trade or mail from other player characters, or by selling an item at the Auction House. If you use money to put a deposit down for auctioning an item, you lose the deposit if it doesn't sell or if you cancel the auction, but any failed bids are returned via mail.

Types of coins
"Coin" as a term can also refer to the currency of World of Warcraft, though its use is mostly limited to quest givers giving out monetary rewards to players.
 * Also known as copper pieces or c.
 * Also known as silver pieces or s.
 * Also known as gold pieces or g.

Conversion rates
NOTE: You can never have more than — if you get to, it will automatically change to  in the silver column. The same is true when you get to, if you add another copper then it will automatically change to. There is no conversion rate for gold coins, so you may have more than.

Technical considerations
The amount of money on a server is not constant. From a technical point of view, money can be "created" (i.e., added to the player economy) and "destroyed" (removed from the player economy).

Money is "created" when:


 * A player sells an item to a vendor.
 * A new Death Knight character is created
 * A player loots money from a mob or chest.
 * A player completes a quest with a monetary reward.
 * A character joins that realm or moves to that realm via transfer.
 * A player at the maximum level completes a quest with an experience reward component. The experience would be converted to money at per experience point, and so a quest that would normally grant 10,000 exp would instead give the player.
 * For Cataclysm quests, this ratio is reduced to per experience point, to compensate for the higher EXP per quest.
 * Completed Garrison missions during the expansion.
 * Completed Class Hall missions during the expansion.

Money is "destroyed" when:


 * A player buys an item from a vendor or a skill from a trainer or takes a taxi flight.
 * A player pays a deposit / cut to the Auction House.
 * A player sends mail (paying or more in fees).
 * A player pays for repairs.
 * A player completes a quest that has a monetary requirement (not so common).
 * A player deletes a character (or otherwise stops using it).
 * A character moves to another realm.

Money is also traded between players in exchange for items and services, but this does not itself affect the amount of money in circulation.

While leveling a character, a player naturally "creates" hundreds of gold, though much of it is "destroyed/spent" by repair costs and personal spendings.

Since a character starts with no money, it is clear that a perfectly new server has no money in circulation. As the server ages, money will be "created" at a greater rate, as players kill mobs (monsters) that drop more money and do quest with larger rewards.

However, the amount of money "destroyed" also increases with age: players obtain better gear which has higher repair cost, and more players raid which means more total repairs, as raiding increases the average players' chance of death. As the economy matures, Auction House activity increases, with the House taking a 5-15% commission on each sale. Older servers also see an increased significant one-time destruction's of money as people buy increased riding skills and expensive mounts.

Deflation
There is also economic deflation on many realms since gold farmers and bots have a dramatic effect on the local realm economy by selling items at reduced price on the Auction House. This is equally annoying to players as it means their own item value decreases over time. The launch of The Burning Crusade patch had a predictable effect on the economy, as many level 70 players now had gold reserves in excess of 10,000 where before few players would have seen more than 1 or 2 thousand after quite some time at level 60. Auction house prices soared as a result, and twink items were even higher in price than usual. Another effect of the patch was that the market became flooded with "high"-level (level 60) items such as Brilliant Chromatic Scale which was already declining in price on certain realms pre-TBC. Since then these items are now worth much less than they were pre-TBC which has meant players who weren't able to sell them before the expansion have missed out on quite a lot of gold. Of course, the average wealth isn't affected by auction-house transactions, but a lot of players have been put out by the fluctuating prices.

Gold farmers and bots do not only affect the economy via the prices of items but also via the large amounts of gold they make (hence the name "gold farmer"). They have various ways of making gold; the Auction House merely being one of them. On February 21, 2008, Blizzard reported in an announcement regarding gold buying that an "alarmingly high" proportion of all gold bought originates from hacked accounts.

Control by Blizzard
Blizzard often steps in to control the amount of gold in the game, usually in response to the excessive amounts of gold generated by gold farmers and bots. While gold selling and other similar actions such as character selling is illegal, Blizzard has also stated that the economy resulting from it negatively affects the gameplay of the players. An example is their announcement on October 12, 2006, in which they stated that they had banned over 76,000 accounts and removed 11 million gold from game economies in Europe, Korea, and the US during September. This was a continuation from previous incidents the same year in which Blizzard banned 59,000 accounts with 22 million gold in July and 30,000 accounts and 30 million gold in May.

Other methods of control include the gold sink. The term usually describes a system or factor which effectively "destroys" money, controlling the economy by preventing the in-game amount of money to accumulate out of control. An example would be the Mekgineer's Chopper and the Mechano-Hog which both require over 12,000 gold to craft. Another example would be the Reins of the Traveler's Tundra Mammoth which at minimum costs 14,000 gold. Mounts have been popular gold sinks to date, due to their high visibility and unique look or properties; the Traveler's Tundra Mammoth, for example, is not only one of the few multi-player mounts, but also one of the few mounts that carries vendors who can buy junk, perform repairs, and sell food or reagents. This was continued with the Reins of the Grand Expedition Yak in Mists of Pandaria that carries vendors who can buy junk, perform repairs, sell reagents and reforging.

Mists of Pandaria introduced another gold sink in the form of the Black Market Auction House. Despite the name, this is not player-run like the faction Auction Houses, but rather a group of NPC vendors who sell rare or discontinued items to the highest bidder. Exceptionally rare items could remove hundreds of thousands of gold from the system.

Economy summary
The WoW economy will always fluctuate, and large events such as the Burning Crusade launch will have a knock-on effect. The best advice to any player worried about an economic decline on their realm is not to buy any gold from gold sellers, as this will have a worse effect on the economy. Also, make sure you price your auctions based on market-value and not just stab-in-the-dark wishwork. Although it is technically against the ToS to affect other's gameplay in a negative way (including the economy), it's generally accepted that under-pricing doesn't count as it doesn't affect the average wealth of players on your realm. It's also generally accepted that underpricing is very annoying, since other players will find it difficult to sell items at the correct price, and it may even lower the value of the item you're selling. Slight underpricing (up to around 10% of market value off) is acceptable, however. Although little is known about the actual average WoW player's wealth, there is much speculation about it and wherever you look you'll find a different figure. Blizzard has yet to publish anything regarding the economic status of any of the servers in any country.

Gold limit
The most money a single character can carry is ; the same limit applies to guild banks. Prior to patch 7.0.3, the limit for both was.

Before patch 4.0.1, the limit had been (or ) because Blizzard stored a character's money as a signed 32-bit integer. Screenshots of characters reaching the previous gold limit were taken on both American and German servers.

History
Mined from the rich earth of Azeroth and Lordaeron, gold is commonly used as coins in exchange for goods and services. As a rare substance that is always in short supply, gold must be dug out from the rock and soil within established gold mines. Many of these mines were abandoned when the orc raids began and the workers fled for their very lives. Since the beginning of the Second War, these sites are frequently operated while under the protection of military forces. Gold was scarce in Lordaeron, even in the height of the Alliance's power.

Goblins call their currency macaroons, and they refer to money as moolah.

Stormwind's coinage has traditionally been the copper penny, the silver groat, and the gold sovereign.

Instances

 * 50,000 gold was offered by Patch to the first goblin making it to the deployment point in Nazmir.
 * 10,000 gold was offered by Harlan Sweete to whoever brought him the head of Flynn Fairwind and an Alliance adventurer. The same sum was offered by Lady Ashvane to Sweete for safely transporting Jaina Proudmoore to her demise, with a penalty of 20,000 gold for mishandling her.
 * Several thousand in gold coins were found in a cave of the Drowned Lands in the Stormsong Valley, but it was still considered not enough to be the legendary lost treasure of the area.
 * 2,000 gold was wagered by Gazlowe on a single boat race.
 * 1,000 gold is made by Gazlowe per salvage haul for pirates.
 * 1,000 gold was offered by Varok Saurfang per dead Alliance spy, though this was notably a bluff and no one was expected to, nor did anyone cash out.
 * 1,000 gold was suggested by Helka Grimtotem as the worth of a gladiator champion like Valeera Sanguinar. Rehgar Earthfury agreed to sell Valeera to Helka for 2,000.
 * 500 gold was offered by Varok Saurfang per captured Alliance spy, though this was notably a bluff and no one was expected to, nor did anyone cash out.
 * 300 gold is the price of an immensely fast speed boat.
 * 300 gold is the amount it costs the Alliance to train a foreman.
 * 200 gold is the amount it costs the Alliance to train an engineer.
 * 200 gold was the price offered to Valeera Sanguinar to purchase a fel dagger from an old woman in Menethil Harbor.
 * 100 gold was given by an unnamed Stormwind Assassin's Guild member to Magatha Grimtotem in return for showing him a vision of his target, Lo'Gosh.
 * 100 gold was bet by Renzik "The Shiv" on Nathanos Blightcaller winning a brawl against Varok Saurfang.
 * 50 gold is the approximate amount it costs the Alliance to train a miner.
 * At least 35 gold was lost by an unnamed Defias Brotherhood member in bets during a Crimson Ring tournament in Dire Maul.
 * 30 gold was added onto an existing bet against Croc-Bait by an unknown audience member during the Crimson Ring tournament.
 * 20 gold is the average cost of a salvage operation.
 * 20 gold can buy 19 pallets filled with jerky and codfish.
 * During the invasion of Durotar, an unknown hunter in Daelin Proudmoore's army wanted to bet 10 gold that he could kill Vol'jin.
 * 10 gold was bet by an unnamed troll on Giago during a Crimson Ring tournament.
 * 5 gold was bet by an audience member on Two-Heads during a Crimson Ring tournament.
 * 3 gold is the price for Scarlet Crusaders who want to receive absolution for the sin of punching someone in the groin.
 * 2 gold is the price for Scarlet Crusaders who want to receive absolution for the sin of punching someone in the face.
 * 2 gold was given by Horde adventurers to Boss Bazzelflange to allow her to get home to Brawl'gar Arena after being stranded in Area 52. After being given the gold, Bazzelflange could be seen running up to the flight master Krexcil, presumably to buy a ride using the money.
 * 1 gold 45 silver is the price for Scarlet Crusaders who want to receive absolution for the sin of punching someone in the chest.
 * "A mere handful of silver" is the price for Scarlet Crusaders who want to receive absolution for sins of "harsh words".
 * In Bilgewater Harbor, every vice one can imagine is available for "just a handful of silver".
 * 50 silver was offered by Sparkeye in a bet against Rehgar Earthfury's gladiator team.
 * 40 silver was offered by Sparkeye in a "small wager" on a fight between his and Rehgar's gladiator teams. Rehgar doubled the bet to 80 silver.
 * 40 silver was bet by an audience member on Croc-Bait during the Crimson Ring tournament.
 * 30 silver is enough to purchase the ogre Throgg.
 * 20 silver was bet by Spiketooth on Croc-Bait winning a fight against a crocolisk. As the fight progressed and Rokul refused to pay up, Spiketooth offered to raise the bet to 40, followed by Rehgar doubling it to 80.
 * 10 silver was offered by an unnamed orc in a bet that Croc-Bait wouldn't last another two minutes during the Crimson Ring tournament.
 * Yrel owes 6 copper to Maami.
 * 1 copper purchases a few vegetables.
 * 1 copper was asked of Lo'Gosh and his companions by an old woman in Menethil Harbor in exchange for telling them their fortune.
 * 1 copper was asked by Topper McNabb for shining an adventurer's armor.

In the RPG
In the past, all coinage was in gold. After three wars, silver and copper have come into use. Platinum coinage has not come to use yet. The Defias Brotherhood enjoys marring Stormwind minted coins creating "cross-eyed coins” which is a sign of treason to the throne. Some coins that are not minted any longer are worth more to some people.

Notes and trivia

 * The Darkspear Rebellion event used the traditional RTS resources as its currency (food, lumber, oil), with one exception: gold was replaced by the Kor'kron Stone.