That pattern.

That works.

That color.

It is simply a handicraft. Other currencies used to think it was good, but nowadays, it is synonymous with roughness. The more you look at it, the more ugly it becomes.

Zhengyuan coins refreshed the aesthetics of many people.

Change!

Change!

The staff is crazy, and some people continue to shout:

"Please note everyone. Only the same coin can be exchanged. Copper plates can only be exchanged for copper plates. Silver coins can only be exchanged for silver coins, not up and down."

"Of course, except change."

"Don't jump in the line."

"Don't be crowded."

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

"..."

Hearing this, everyone feels novel at that time. Such a dense place is indeed the favorite place of thieves, and it is easy to lose children.

Everyone is queuing up.

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

"What are you doing?" the man shouted.

"boom!"

No nonsense, with a punch, the man bends down, making it difficult to stand up straight for a while.

then.

The guard took a purse from his arms and handed it to the person in front of him just in line.

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

Listen to this.

The people in the line suddenly turned out to be a thief.

"Go away, another time, cut off one finger."

The guard looked at the thief coldly. Although Yuancheng was more ‘ruled by law’, there were still many private rules.

Such as a thief.

If you catch it, you can fight it, don't kill it.

If you commit a repeated offense, it is also within the allowable range.

And if you steal a child, because it is much worse than a thief, even if you are killed, you only need to pay a fine.

After getting a punch.

The thief clutched his stomach and ran out of the bank as if to escape.

Cut one finger off.

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

. . .

In just half a day, the major Zhengyuan banks in Twelve Squares.

Full!

Positive yuan coins.

Fire!

Seeing the exquisite and sufficient amount of currency, many people are moved. Compared with the coins of other banks, the difference is not even a little bit.

There are even rumors.

---The cost-free exchange is only a few days, and the fire cost may be charged in the future.

then.

Many people go home to take money.

. . .

Yuancheng, a huge mansion.

"Master! Master!"

"What's the matter?"

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

"..."

Seeing the three positive yuan coins handed over by the housekeeper, the owner couldn't look away at once.

fine.

nice.

It was still glowing in the sun, and compared to their coins, it was more than a little bit stronger. It was a lot of streets, and there would be no harm without comparison.

At this moment, he felt ten thousand points of harm.

"Master," cried the butler.

"Um?"

"Their currencies are all exchangeable without consumption."

"No consumption?"

"Yes."

"how long?"

"I didn't say, it may be a few days, or it may always be like this."

"Always?"

The owner of the house was slightly silent, and the costless exchange meant that there was no profit at all, and even lost money. The reason for this is obviously not the other side's brains.

There must be a purpose.

Perhaps it is to gain a foothold?

Um!

should be.

He couldn't think of any benefit if he didn't collect coins and wastage.

"Observe for a while."

"Yes."

. . .

same.

Almost all the major forces received samples that day, and were surprised at their craftsmanship and their unprofitable operations.

I can't figure it out in any way.

and.

If there is no limit, many currencies in their hands can be exchanged.

Especially in Dayan and Nanyu empires, the power of coinage is in the hands of the empire.

therefore.

The banks under their respective parties do not have the right to mint coins.

Relatively speaking, the quality of the coins minted by the Empire is average, and there are many impurities. Because its industries are oriented to the entire Yuancheng, this is also a place for currency gathering.

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

Messy.

Very troublesome.

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

And now it can be replaced with the uniform quality and exquisite workmanship Zhengyuan coins, which seems to be quite good.

"Get in touch and ask if you can exchange it in bulk."

"Yes."

Soon, all parties got the exact news.

"Yes, but large exchanges require fire consumption."

"Isn't it costless?"

"No consumption is only for small individual customers. Exchanges of more than ten gold cost two percent, and there is a time limit. You need to make an appointment if you compare more than 300 coins."

"Oh!"

"..."

Nodded, and didn't care too much.

The loss of 2% is conscience, and it is about the same as the general transaction cost.

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

. . .

In the next few days, as the major commercial banks accepted the positive yuan coins, the residents of Yuancheng relaxed their minds. Before, they only exchanged a small amount to try.

This time.

You can let go of the redemption.

"Brother Sheng, come to exchange it too."

"There are a lot of miscellaneous coins in my hand, and every business company accepts positive yuan coins, and they have all changed."

"Haha, the same."

"..."

"Is there enough stock? Will it be exhausted when we line up?"

"No, they are recasting at the same time they are exchanged, and the bulk exchange does not go to these banks at all, but directly contacts the general bank of Zhengyuan Bank."

"Oh oh!"

"..."

Long lines lined up at the gates of major Zhengyuan banks, and not everyone in Yuancheng wanted to redeem them.

After all, the currency in my hand is being used well and there is no depreciation.

However.

There are only twelve banks with a population of tens of millions.

Even if only one percent of the people want to redeem, that would be a hundred thousand people. The flow of people allocated to a bank is quite huge, and this is the grand occasion.

. . .

Qiheng Mountain.

Smelt.

Go miscellaneous.

Cast board.

stamping.

......

A large amount of recovered gold, silver and copper is transported in and enters the processing flow.

"Boom!"

"Boom!"

"..."

The minting machine is in full production.

A few more units have been 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 conceal people's eyes and ears, the headquarter of the industrial zone has separated a yard dedicated to'minting coins', which burns and smokes all day, and there are all kinds of noises.

People mistakenly think that they are coining.

In fact, it was teleported to Qi Heng Mountain.

For ordinary people, Shu Fu did not intend to collect fire and expenditure, but for the major forces, Shu Fu was not so good, 2%, which is a small profit.

Just make up for the former loss.

In general, the minting is not a loss.

As for seigniorage?

I can't think about it for the time being.

When talking about seigniorage, it is an insult to the word. The real seigniorage refers to credit currency---the exchange of cheap cost goods for high value goods.

Print paper money for gold.

It's called seigniorage~lightnovelpub.net~ and he is now a kind of exchange. Unless one day, he can use printed paper money to spend everywhere and buy anything to be qualified to talk about this term.

In fact, although various banks issue silver and gold tickets, they can 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 coins.

Because they did not derive much benefit from it, the fundamental purpose of the major forces in setting up banks is to facilitate the management of their own funds and settlement by all parties.

so.

In Yuancheng, Zhengyuan coins have a foundation for development and even have the possibility of spreading to all forces.

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