The Rise of the European Emperor

Bernard Shaw has no right to decide such a big order, but he can ask Marin for instructions. It just so happened that after the spy Bud was stationed in Persia, he had already established a transfer route for pigeons along the line from Persia, Ukraine to the German mainland.

So, the letter of request for instructions was sent back to the mainland through the carrier pigeon, and Marin was asked for instructions...

Marin was also surprised to see that Persia wanted to ask Beihai to help mint brass coins. Ismail I's bid was relatively low, only willing to be a little higher than the price of Persian copper. The Persian silver-copper ratio is 1:60. If this ratio is really followed, even if the price is raised a little, Marin will not make much money.

Thinking of this, Marin originally planned to refuse. But later, he didn't know what he thought of, but he still agreed...

Why did Marin agree to take this kind of low-profit or extremely low-profit order? Not for profit, but for influence!

Let me ask, if Persia relies on the North Sea State for coinage in the future, can it not rely on the North Sea State economically?

The North Sea country has the right to mint coins for Persia. At that time, if you want to go to Persia to buy things, you can just start the machine and mint Persian brass coins. Anyway, the money molds are ready-made, just get some more copper plates for forging and pressing. Then, it can be directly exchanged for cattle, sheep and oil in Persia without spending gold and silver. And this is what Marin values ​​most!

After all, Persia is also the top power in the Middle East. Having the right to mint coins in a country is definitely the best way to influence a country.

Although the profit of minting copper coins is not high, the political influence is immeasurable!

Therefore, Marin finally agreed to help Persia mint 50 million copper coins at a silver-to-copper ratio of 1:50. As for the reason for the price increase, brass coins are not pure copper, but need to add a lot of rare precious metals into it. Then, there is the cost of artificial manufacturing... In fact, zinc is not expensive, at least cheaper than copper, but Marin is the only one in the world who knows how to extract zinc. Mayi I didn't understand...Moreover, if more zinc is added, the cost can be reduced. After all, zinc is less expensive to mine and is much more abundant in ore than copper.

Subsequently, this decision was conveyed to Persia by pigeons through the newly built pigeon delivery route.

After receiving Marin's reply, Ismail I felt that the price was quite fair, so he agreed to this amount. However, the specific kind of brass coins to be minted will have to wait for the sample coins to be delivered.

In fact, if you purchase copper from Persia and bring it back to mint coins, Marin will not make money, or even lose money. But if you buy copper ingots from India, where the silver-to-copper ratio is more than 1:80, you will make a profit. Although the profit is not comparable to that of maritime trade, it is still profitable.

But profit or something doesn't matter,

Compared with the ability to easily influence and control the Persian economy through coinage, this profit is really nothing.

Moreover, even if the 50 million copper coins were minted for Persia alone, the profit would not be low. In addition to the lower cost of importing copper from India or the Ming Dynasty, this batch of copper coins was also directly used to buy livestock in Persia.

In fact, Ismail I did not intend to price the batch of brass coins according to the ratio of silver to copper of 1:60, but directly priced the batch of copper coins at the price of Malinti. In this way, according to the silver-copper ratio of 1:50, 50 copper coins are equivalent to the value of 1 silver coin of equal weight.

In addition, the gold-silver ratio in Persia is also different from that in Europe. The gold-silver ratio here is about the same as in India, about 1:10, instead of 1:12 in Europe.

In other words, 500 brass coins can be exchanged for one gold coin of equal weight. The brass coin weighs 3.5 grams, which is about the same weight as the European gold coin. In other words, 50 million brass coins can be used as 100,000 gold coins in Persia.

And once these 50 million brass coins were minted, they were not exchanged for gold and silver when they were sent to Persia, but were directly exchanged for horses, cattle and sheep, and oil.

These 50 million brass coins alone can buy 10,000 war horses from Persia! It is a war horse, not an ordinary Persian horse!

The price of a Persian horse is only 10 gold coins, which is really low. There is no way to do this, who said that Persia has no export market. Before reaching a cooperation with Egypt, Persia only had two Shia states in India that could be used as horse export targets. However, the cavalry of these two states is not large, and the number of imports is limited. Therefore, the price naturally cannot be sold.

In fact, war horses in Turkey and Crimea can be sold for 20 gold coins each because of their proximity to Europe. Affected by the high prices in Europe, the price of war horses was so high. The price in Persia is the normal price in a nomadic country. In the Ming Dynasty, where war horses were scarce, the price of a horse was only 20 taels of silver (equivalent to 17.4 gold coins), let alone the Middle East where there was no shortage of horses? The price of horses in the Ming Dynasty was so expensive, but they were slaughtered by grassland tribes...

...

Previously, Marin had been worried that there would be no goods to exchange with Persia. After all, it is too bad to directly use gold and silver, which is not enough in China. The Portuguese disagreed with the exchange of goods.

Well now, the Persians asked the North Sea country to help mint brass coins, so there is no problem. In the future, if you want to buy horses, you can directly mint 5,000 Persian brass coins, and you can take them to Persia to buy horses.

As for the brass for the coinage, the cost is really not high. As long as you don't use high-priced European copper, but use cheap copper from India and Daming, and add zinc metal, the cost can be reduced a lot.

Right now, not only the Bakkens lead-zinc-silver mine in Newfoundland is constantly producing zinc ingots, but the Goslar lead-zinc-silver mine is also beginning to produce zinc metal.

However, because zinc metal can only be used to make tinplate at present, and the amount of tinplate is currently very low. Therefore, there is no use for the large piles of zinc ingots owned by Beihai State. It is definitely a good choice to mint coins.

However, it seems that more than 20% zinc brass zinc will cause problems. But it’s okay, the big deal is that the zinc content should be controlled within 20%, and the profit will be relatively large.

...

In fact, the greatest significance of helping Persia mint brass coins this time is to allow Marin to find a suitable commodity for trading with Persia-minting coins.

With this transaction, Marin wanted to buy Persian livestock and oil in the future, at worst, he would open a mold and cast another batch. Moreover, if the quantity is not too large, the Persians will even welcome it.

Sure enough, when George Bernard Shaw and Ismail I continued to negotiate, Ismail I made it clear that he would not mind the Beihai Kingdom minting more Persian brass coins.

Anyway, Persia itself did not have the ability to mint coins on a large scale, but only symbolically minted some gold and silver coins symbolizing royal power. As for the copper coins, foreign currencies flooded the market.

Instead of flooding the Persian market with cheap copper coins from India, it is better to flood the market with Persian brass coins minted by the North Sea State. After all, although it was built with the help of foreigners, it uses Persian script and Persian style, which also represents the Persian court.

As long as the price is reasonable, Ismail I doesn't care about making more in Beihai. Anyway, he thinks the huge Persian market can handle it. Moreover, the North Sea Kingdom is just a small duchy, how strong is its ability to mint coins?

This judgment is reasonable under normal circumstances, but Ismail I did not know that the coinage of the North Sea Kingdom was not made by hand, but suppressed by machines, and the efficiency was not improved by a little bit. As long as there are enough bare copper plates, how much the machine can suppress...

Later, the unscrupulous Marin really minted hundreds of millions of brass coins and took them to Persia to buy things. However, because the price given by Marin was relatively reasonable, he did not mess up the economic order of Persia, but instead promoted the prosperity of the Persian market...