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====Examples of currency values==== The relative value of the gold dragon coin and its denominations has changed over time, due to various economic fluctuations of inflation and deflation (e.g., war-time versus times of peace, failed harvests, etc.). For example, when [[House Tyrell]] had cut off the food supply to [[King's Landing]] from the [[Reach]] during the [[War of the Five Kings]], food prices in the city rose steeply.{{Ref|ACOK|17}} Another example is that in {{Date|209}}, a time of peace and plenty, Duncan the Tall received more than three gold dragons for his [[palfrey]], but during the War of the Five Kings, both [[Brienne of Tarth]]{{Ref|ASOS|11}} and [[Tom of Sevenstreams]]{{Ref|ASOS|13}} consider one gold dragon to be a fair price for a horse in the war-struck [[riverlands]]. '''During the Targaryen Dynasty:''' * King [[Maegor I Targaryen]], during his war against the [[Faith of the Seven]], paid one golden dragon for the head of any unrepentant [[Warrior's Son]], and a silver stag for the scalp of a [[Poor Fellow]].{{Ref|AFFC|33}}{{Ref|FAB|4}} *At the beginning of his reign, King [[Jaehaerys I Targaryen]] introduced luxury taxes on foreign [[spices]] and [[silk]]s, to address the crown's debt after Maegor's wars. Jaehaerys noted that no man could say they were oppressive, as to avoid them all he had to do was forgo these non-essential luxuries, and thus "he need not pay a groat". This indicates that the "groat" denomination was being used at least as early as this point.{{ref|FAB|8}} * In {{date|120}}, Lord [[Corlys Velaryon]] offered a reward of 10,000 gold dragons to any man who could lead him to Ser [[Qarl Correy]], who had killed Corlys's heir, [[Laenor Velaryon]], in a quarrel.{{Ref|FAB|12}} * At the time of ''[[The Hedge Knight]]'' ({{Date|209}}), a plain yet complete set of good [[steel]] [[armor]], with greaves, gorget, and greathelm, could cost eight hundred stags, which equals almost four golden dragons. * In {{Date|209}}, Duncan the Tall sold his palfrey [[Sweetfoot]] to [[Henly (House Ashford)|Henly]] for 750 silver stags, and was paid in the form of three gold dragons, the rest in silvers.{{Ref|THK}} * In {{Date|209}}, a smallfolk man could live well for a year on three gold dragons.{{Ref|THK}} * In {{Date|212}}, a tent could be bought for 10 pennies.{{Ref|TMK}}<ref group="N">[[Duncan the Tall]] initially had 2 stags, which equals 112 pennies according to the ''[[A Song of Ice and Fire Roleplaying]]'' game by Green Ronin. After Duncan has bought his tent, he only has twenty two pennies, three stars and one stag, which together equal 102 pennies. This count assumes that currency rates as given in the RPG has not changed since the reign of [[Aerys I Targaryen]].</ref> * During the [[wedding tourney at Whitewalls]] in {{Date|212}}, only 30 dragons were promised for whoever came in second.{{Ref|TMK}} '''Recent Events:''' * At the beginning of ''[[A Game of Thrones]]'', the [[Iron Throne]] is more than six million dragons in debt,{{Ref|aGoT|20}} which represents a colossal sum. The biggest part of this debt, three million dragons, is owed to [[House Lannister]], the rest to [[Mace Tyrell]], the [[Iron Bank of Braavos]], several [[Tyrosh]]i trading cartels, and to the [[Faith of the Seven]]. By {{Date|300}} the Crownβs debt to the Faith was established to be a total of 900,674 golden dragons.{{Ref|AFFC|28}} * King [[Robert I Baratheon]] is a prodigious spender, and sets the rewards for the [[Hand's tourney]] in {{Date|298}} at 40,000 golden dragons to the winner of the [[joust]], 20,000 golden dragons to the runner-up, 20,000 dragons to the winner of the [[melee]], and 10,000 dragons to the winner of the [[archer]]y competition.{{Ref|aGoT|20}} These prizes are exceptionally high, due to Robert's generous nature.{{Ref|SSM|1036}} * Right at the end of Robert's reign, as [[Arya Stark]] goes to view what ultimately becomes [[Eddard Stark|her father's]] public execution, she passes a street vendor who is selling fresh-baked fruit-filled tarts for three copper pennies each.{{Ref|aGoT|65}} * During the [[War of the Five Kings]], prices soar in the capital, [[King's Landing]]. Six coppers for a melon, a silver stag for a bushel of corn, and a gold dragon for a side of beef or six skinny piglets are all shockingly high prices.{{Ref|ASOS|32}} * The [[Lys]]ene [[pirate]] [[Salladhor Saan]], who has two dozen [[ship]]s under his command, demands thirty thousand gold dragons a month for his service as a [[sellsail]] to [[Stannis Baratheon]].{{Ref|ACOK|10}} * [[Edmure Tully]] promises one thousand gold dragons to whoever would capture [[Jaime Lannister]], after Jaime escapes from captivity in [[Riverrun]].{{Ref|ASOS|37}} * Three hundred gold dragons represent a formidable ransom for a [[knight]], even if he belongs to a large noble house,{{Ref|aSoS|44}} while 100 gold dragons represent a reasonable ransom for a younger son of a noble family.{{Ref|ASOS|81}} * According to [[Chett]], [[Westeros]]i [[maester]]s paid a penny for twelve leeches before he came to the [[Wall]].{{Ref|asos|prologue}} * In {{Date|300}}, the [[maidenhead]] of a serving girl, [[Rosey]], is priced at one dragon.{{Ref|AFFC|Prologue}} * Also in {{Date|300}}, a baker who mixes sawdust into his flour might be fined fifty silver stags.{{Ref|AFFC|14}}
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