Chapter 209

That pattern.

That works.

that color.

It is simply a handicraft, and the currency in my hand used to feel good, but now, it is simply synonymous with roughness, and the more I look at it, the more ugly I feel.

Zhengyuan coin has refreshed many people's aesthetics.

Change!

Change!

The staff was busy, and some people shouted intermittently:

"Everyone, please pay attention. Only same coins are accepted for exchange. Copper plates can only be exchanged for copper plates, and silver coins can only be exchanged for silver coins. Up and down cannot be accepted."

"Of course, except for change."

"Don't jump in line."

"Don't be crowded."

"Please take good care of your belongings and watch over your children."

"..."

Hearing this, it will make everyone feel novel. Such a crowded place is indeed a favorite place for thieves, and it is easy to lose children.

Everyone is lining up.

A man was pulled out of the crowd by the guards of the bank.

"What are you doing?" the man yelled.

"boom!"

No nonsense, punching up, the man bent down, it was difficult to stand upright for a while.

then.

The guard took out a money bag from his arms and handed it to the person in front of him in line.

"Ah, my purse." The man found out.

listen to this.

The people in line suddenly realized that it was a thief.

"Go away, next time, cut off a finger." The guard looked at the thief coldly. Although Yuancheng is more 'rule of law', there are still many private rules.

Like a thief.

If you catch it, everyone can beat it, just don't beat it to death.

Breaking off a finger is also within the allowable range.

The same is true for stealing children, because it is much worse than thieves, so for human beings, even if they are killed, they only need to pay a fine.

The thief clutched his belly and ran out of the bank as if fleeing.

Cut off a finger.

For thieves, it is absolutely unacceptable, because their skills are mostly in their hands.

. . .

In just half a day, the major banks in Shierfang.

Fire!

Zhengyuan coins.

Fire!

Seeing the exquisite and sufficient coins, many people were moved. Compared with the minted coins of other banks, the difference was not even a little bit, and there were even rumors.

---It is only a few days for the exchange without consumption, and it may be consumed in the future.

then.

Many people go home to get money.

. . .

Yuancheng, a huge mansion.

"Master! Master!"

"What is it?"

"The currency of Zhengyuan Bank is too...too...you see."

"..."

Seeing the three positive yuan coins handed over by the housekeeper, the Patriarch couldn't take his eyes off.

fine.

nice.

It is still glowing in the sun. Compared with their coinage, it is more than a little bit stronger. It is simply a lot of blocks. There is no harm if there is no comparison.

At this moment, he felt a thousand points of hurt.

"Sir," the butler called.

"Um?"

"Their currencies are all exchangeable at no cost."

"No consumption?"

"Yes."

"how long?"

"I didn't say it. It may be a few days, or it may remain so."

"Always?"

The head of the family was slightly silent, no waste exchange means no profit at all, and even loss of money, and the reason for doing this is obviously not because the other party's brain is funny.

There must be a purpose.

Perhaps to gain a foothold?

Um!

should be.

He really couldn't think of any benefits in not collecting coin losses.

"Observe for a while first."

"yes."

. . .

same.

Almost all the major forces got samples that day, and they were surprised by its craftsmanship and its unprofitable operation.

No matter how you look at it, I can't figure it out.

and.

If there is no limit, they can exchange a lot of currency in their hands. Especially in the Dayan and Nanyu empires, the right to mint coins is in the hands of the empires.

therefore.

The banks under each of them do not have the right to mint coins.

Relatively speaking, the coins minted by the empire are of average quality and have more impurities. Since its industries face the entire Yuan City, this is also a place where coins gather.

As a result, there are quite a lot of miscellaneous coins in the hands of all parties.

Mess.

Very troublesome.

Whether it is exchange or transaction, there will be certain intermediate costs.

But now it can be exchanged for Zhengyuan coins with uniform quality and exquisite workmanship, which seems to be quite good.

"Get in touch and ask if you can exchange them in large quantities."

"yes."

Soon, all parties got definite news.

"Yes, but bulk exchange requires fire consumption."

"Isn't it wasteless?"

"No consumption is only for individual customers. The exchange of more than 10 gold will consume 2% and there is a time limit. A single exchange of more than 300 gold requires an appointment."

"oh!"

"..."

Nodding his head, he didn't care too much.

The 2% loss is conscience, which is about the same as the general transaction cost.

As for making an appointment, it is well understood that the output is limited.

. . .

In the next few days, as all major commercial banks accepted Zhengyuan coins, the residents of Yuancheng were relieved, and they only exchanged a small amount to try.

Now.

You can let go of the exchange.

"Brother Sheng, you come to exchange it too."

"There are a lot of miscellaneous coins in my hand, and all the shops accept Zhengyuan coins, so I simply changed them."

"Haha, same."

"..."

"Is the stock enough? Will it be gone when we line up?"

"No, they are exchanged and recast at the same time, and the bulk exchange does not go through these banks at all, but directly contacts the Zhengyuan bank general treasury."

"oh oh!"

"..."

There were long queues at the gates of the major Zhengyuan banks, and not everyone in Yuancheng wanted to exchange.

After all, the currency in hand is well used and has not depreciated.

However.

With a population of tens of millions, there are only twelve banks.

Even if only one percent of the people wanted to exchange, that would be 100,000 people, and the flow of people allocated to a bank was huge, which is why there was such a grand occasion.

. . .

Qi Hengshan.

smelting.

To miscellaneous.

cast plate.

stamping.

…

A large amount of recovered gold, silver and copper was transferred and entered the processing process.

"Boom!"

"Boom!"

"..."

The minting machines were in full production.

A few more units were added to meet the demand for currency exchange.

Not all needs are met, but the small number of banks limits the number of people who come in.

In order to deceive the public, the headquarters of the industrial area also separated a courtyard dedicated to 'minting coins', with fires and smoke all day long, as well as various noises.

Make people mistakenly think that they are minting coins.

In fact, it was sent to Qi Hengshan.

For ordinary people, Shu Fu didn't intend to collect fire expenses, but for the major forces, Shu Fu was not that good, two percent was considered a small profit.

Just made up for the loss of the former.

Overall, minting is not losing money.

As for seigniorage?

I don't dare to think about it for the time being.

Talking about seigniorage is an insult to the term. The real seigniorage refers to credit currency --- exchanging cheap cost items for high value items.

Print paper money for gold.

That's called seigniorage.

And he is now a barter of the same kind, unless one day he can use the printed banknotes to spend everywhere and buy anything, so he is qualified to talk about this term.

In fact, although various banks issued bank notes and gold notes, they could be used for circulation.

But behind each one, there is genuine gold and silver support.

is also like this.

All parties will not be disgusted with Zhengyuan currency.

Because they did not get much benefit from it, the fundamental purpose of the major forces to set up banks is to facilitate the management of their own funds and settlements.

so.

In Yuancheng, Zhengyuan currency has the basis for development, and even has the ability to spread to all parties.