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Reply 17
Gringotts Wizarding Bank

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lilcocobon

PostPosted: Sun Mar 25, 2007 2:44 am


Part way down Diagon Alley, near its intersection with Knockturn Alley, is a tall building constructed of white marble. This is Gringotts Wizarding Bank, an imposing place guarded by goblins, where witches and wizards keep their money and other valuables in vaults located miles and miles below ground. It is rumored that the goblins of Gringotts employ the likes of dragons to guard some of the high security vaults.

When you approach the burnished bronze front doors of Gringotts, up steps of white marble, you will see a goblin standing guard here, dressed in a uniform of scarlet and gold. You then pass through the front doors into an entrance chamber facing another set of doors. These are silver and are engraved with the following rhyme:

Enter, stranger, but take heed
Of what awaits the sin of greed
For those who take, but do not earn,
Must pay most dearly in their turn.
So if you seek beneath our floors
A treasure that was never yours,
Thief, you have been warned, beware
Of finding more than treasure there.


Two more goblins guard these doors, which they will open to let you pass into the main hall. This large chamber has a long counter with a hundred goblins, sitting on high stools, hard at work counting and weighing coins, writing in ledger books, and examining precious stones [Yes, it is possible to exchange Muggle money for wizarding coins at Gringotts].

There are a large number of doors off this main chamber, guarded by still more goblins, which admit one to narrow stone caverns which lead to the vaults far below ground. These passages are lit by torches and slope steeply downward. A goblin serves as a guide into this labyrinth, piloting a small cart which rides on narrow tracks set in the stone floor.

The vaults, of which there are more than seven hundred, are opened by various means. The typical ones use small keys. The high security vaults have enchantments placed on their doors. The goblin strokes the door to make it melt away; if anyone but a Gringotts goblin tries it, however, they will be sucked through the door and trapped inside the vault.

Gringotts employs curse-breakers whose job it is to retrieve treasure from places like the pyramids of Egypt. Bill Weasley is a Gringotts employs curse-breaker for Gringotts.
PostPosted: Mon Mar 26, 2007 10:25 pm


Wizard Money
There are three basic types of coins in the wizarding world:

Gold Galleon
Silver Sickle
Bronze Knut

The Galleon has numerals around the outside edge which is a serial number referring to the Goblin who cast the coin. It is unknown whether the Sickle or Knut also have these numbers, but it seems likely.

For your convenience, a Wizarding World Currency Converter is available.

The actual values of these coins are a bit complicated for Muggles to figure out in Muggle terms without a calculator, and rather difficult for wizards when dealing with Muggle money. It's easy for wizards dealing only with wizarding currency, however.

The gold ones are Galleons. Seventeen silver Sickles to a Galleon and twenty-nine Knuts to a Sickle, it's easy enough. Therefore 1 Galleon = 17 Sickles = 493 Knuts.

Well, even if you can do the math quickly in your head, when you need to make change, it's still not easy. The values of the coins don't always seem to make sense. After all, you can buy a large quantity of sweets from the cart on the Hogwarts Express for eleven Sickles, about two-thirds of one Galleon.

Estimated, the value of one Galleon is to be "about five pounds," which works out to around US$9.75. This gives us approximate values as follows:

1 bronze Knut = £0.01 (US about 2 cents)
1 silver Sickle = £0.29 (about US 57 cents)
1 Galleon = £5.00 (more or less US 9.75)

However, these rates vary as the exchange rate fluctuates - see the Wizarding World Currency Converter for the current rate.

While wizard money seems to be made from actual precious metals, it also seems to have some sort of magic in it which makes it lighter than normal. Harry handled a bag containing one thousand Galleons-- the prize money from the Triwizard Tournament--as if it were nothing, but a thousand coins made out of gold, even fairly small ones, would weigh a considerable amount indeed, far more than anyone would be able to toss around in a cloth bag. This magic is perhaps an effect similar to Wizard Space.

Prices:

Firebolt racing broom
.....if you have to ask, you can't afford it

vintage model Silver Arrow, collector's item, excellent condition
.....if you have to ask, you can't afford it

cursed opal necklace at Borgin and Burkes
.....1500 Galleons

prize for winning the Triwizard Tournament
.....1000 Galleons

fee paid by Puddlemere United to hire away the Holyhead Harpies' star Chaser
.....1000 Galleons

prize from Daily Prophet drawing
.....700 Galleons

amount Fred and George bet (their whole savings)
.....37 Galleons, 15 Sickles, 3 Knuts

full set of second-hand Quidditch balls, slightly worn, Snitch having a damaged wing
.....30 Galleons

unicorn horn
.....21 Galleons

human skull from Borgin and Burkes
.....16 Galleons

twelve-week course of Apparition Lessons from a Ministry of Magic Apparition Instructor
.....12 Galleons

amount Hermione had set aside to buy herself a birthday present
.....10 Galleons

Omnioculars
.....10 Galleons

second-hand cauldron, hardly used, bronze
.....10 Galleons

second-hand cauldron, hardly used, pewter
.....10 Galleons

a new copy of Advanced Potion-Making from Flourish and Blotts
.....9 Galleons

new wand from Ollivanders
.....7 Galleons

used Shooting Star needing minor repairs
.....7 Galleons or nearest offer

amount Ludo said he'd pay for a rubber chicken wand
.....5 Galleons

amount Arthur Weasley bet on the World Quidditch Cup match
.....1 Galleon

10 Muggle Guards
.....1 Galleon

dragon liver
.....16 Sickles per ounce

pile of candy from the cart on the Hogwarts Express
.....11 Sickles, 7 Knuts

fare on the Knight Bus from Little Whinging to London
.....11 Sickles

fare on the Knight Bus from London to Hogwarts
.....11 Sickles

Muggle Guard
.....3 Sickles

price of hot chocolate on the Knight Bus
.....2 Sickles

price of a hot water bottle and toothbrush in the color of your choice on the Knight Bus
.....2 Sickles

black beetle eyes
..... 5 Knuts per scoop

copy of the Daily Prophet
.....7 Knuts

Salaries:

Hit-Witch or Hit-Wizard for the Magical Law Enforcement Squad (new hire's starting salary, together with a Ministry of Magic broomstick and one's own regular bed at St. Mungo's)
.....700 Galleons per month

Assistant Manager at Flourish & Blotts Wizarding Bookstore
.....42 Galleons per month

Dragon Feeder at Gringotts
.....7 Galleons per week

lilcocobon

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