![]() They exhibit some wear from use and age, including discolouration and spotting. Metal bars from production are significantly rarer than the more commonly-found resin bars. These three heavy bars are made of solid metal and coloured gold. Latinum was a rare silver-colour liquid metal used as currency by the Ferengi and Cardassians, among others, and it was often pressed with gold into solid bars. So it could very well be 'pressed gold encasing latinum' and also be correctly called 'gold pressed latinum. In decreasing amounts of value from Largest to smallest they include the Brick, Bar, Ingot, Strip, and Slip. The denominations of Gold Pressed Latinum are shown in the picture above. There are Five amounts of this Ferengi Currency. It refers to how it was made, not what it is. Latinum cannot be replicated and the reasons for its rarity are unknown. 'Pressed' refers to the bar being extruded (at a low temperature) and stamped. Three metal bars of gold-pressed latinum from the Star Trek: Deep Space Nine. I dont think this is answer in canon, although the name alone is sufficient description. Note other lots in the auction may close on Thursday, November 9th, Friday, November 10th or Saturday, November 11th. The auction will begin at 3:00PM BST and lots are sold sequentially via live auctioneer tune in to the live streaming broadcast on auction day to follow the pace. In DS9 (and to a much lesser extent, TNG), the financial acumen of the Ferengi is repeatedly emphasized.Bidding for this lot will end on Sunday, November 12th. Star Trek Franklin Mint Replic Insignia United Cardassian Emblem Silver Gold 24k (99) Sale Price £35.99 £ 35.99. 100 Slips are equal to 1 Strip, and 20 Strips are equal. This set includes a :Half Slip, Slip, a Strip, and a Bar. As you may know, Latinum is the Ferengi Currency, and is used by most cultures outside of the Federation. Yet they always seem to cart around physical latinum (usually in gold-pressed form in-universe for convenience and out-of-universe so the allegory is blatantly obvious). Gold Pressed Latinum Set This is a set of four stunning pieces of Gold Pressed Latinum as seen on Star Trek Deep Space Nine. For use asCurrency, Liquid Latinum is usuallySuspended withinGold orGold Dust which producesGold-Pressed Latinum. ![]() Latinum is aRare Substance which is Prized by man圜ivilizations in theAlpha Quadrant, including theFerengi Alliance. ![]() In human history, we used to do this with gold. Latinum is found naturally in the form ofCrystals which can beMined. (DS9: 'The Dogs of War') One hundred bricks After Morn faked his death and used Quark to get rid of his cohorts, he regurgitated one hundred bricks worth of latinum as compensation. Sixty bricks Brunt bribed Quark with sixty bricks of gold-pressed latinum to make him financial advisor to the Nagus. But then someone invented banking, wherein the gold is held in a vault (or other secure location) and you get a paper ticket saying the bank owes you X ounces of gold. A brick was the largest unit of gold-pressed latinum. Paper is a lot more convenient to carry around than gold, and can be much more secure (with proper implementation). A large amount of latinum supposedly exists underground on Ferenginar. Gold pressed Latinum Propology 101 1.23K subscribers Subscribe 119 2.6K views 2 years ago In this video we’ll be looking at the Gold pressed Latinumfrom The Star Trek Franchise, This Prop. Check out this Star Trek Gold Pressed Latinum 3 piece set. Or it can be totally insecure, in which case you basically have gold-backed currency, though that's usually issued by governments instead of banks. Denominations of gold-pressed latinum, in order of increasing value, include the slip, the strip, the bar and the brick. Then the banks got cleverer and invented fractional-reserve banking, where they hand out more paper tickets than the gold (or gold certificates) they actually have. Normally, this works out all right, though bank runs can be a problem.Įventually, we got to the point where the paper is no longer negotiable for gold at all. Click to find the best Results for latinum Models for your 3D Printer. This lends greater stability to the currency since it is no longer directly upset every time there's a shortage or surplus of gold (e.g. Every Day new 3D Models from all over the World. because a large mine opened or closed somewhere in the world). There are counterfeiting problems, particularly in a world with replicators, but you can solve that by doing everything electronically with strong cryptography, which is just a scaling up of what we do today.īut the Ferengi don't seem to have followed this process. They're still at the "everyone carries gold around in person" stage. ![]() Why haven't they invented banking or fiat money yet? I'm particularly interested in in-universe reasons, since the out-of-universe reasons seem rather straightforward to me, but if anyone has any direct quotes or other good sources, I'll take those too.
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