Chapter 70 21 Gold Coins
One and a half million joint coins, 300,000 of which were deposited into the Tulip Sugar Industry account. However, only 150,000 were deposited in his personal account.
As for the remaining 1.05 million, Luo Yin planned to exchange it all into gold coins.
Gold is a good thing, and Luo Yin likes it very much. In his memory, he especially likes to collect gold coins, gems and so on. Before being exiled, he still had more than ten gold coins in his room, and he doesn't know who got the advantage.
After coming to Qiongbi City for so long, Luo Yin has never seen the gold coins of the Stocato United Kingdom. Now that he has some money, he is ready to satisfy himself.
According to the price here, one gold coin is equal to 50,000 United coins, so Luo Yin directly exchanged it for 1.05 million, which is 21 gold coins.
In more developed countries such as the Kais Empire, metal currencies are no longer in circulation.
But here in the Stocato Kingdom, there are still some metal currencies circulating in the market.
Generally, in places where there is little information and no communication with the outside world, metal currencies are preferred; in relatively developed places, such as major cities, United coins are preferred.
Some banks have metal currency exchange business, such as commercial banks.
But what Luo Yin didn't expect was that there would be a fee for exchanging metal currency!
When United Coin is exchanged for metal currency, a handling fee of 2% of the exchange amount is charged.
When converting metal currency into United currency, a handling fee of 2% of the exchange amount will also be charged.
Luo Yin tolerated the charges, but it was outrageous to still charge both directions!
In other words, if Luo Yin exchanges the 1.05 million United Coins into gold coins, he will need to pay a handling fee of 21,000 United Coins. If he wants to exchange it for United Coins later, he will have to pay another 21,000 United Coins.
United currency handling fee!
This time I went in and out, more than 40,000 yuan was gone!
Is this reasonable?
Henry suggested to Luo Yin that there was no need to exchange. After all, the kingdom wanted to popularize joint coins. Now that big cities no longer use metal currencies, there was no need to exchange them for gold coins.
Luo Yin was a little speechless. In order to popularize United Coin, he understands it, but just let the United Coin be exchanged for metal currency and charge a handling fee. Everyone should not exchange for metal currency, save some money and use United Coin. There is nothing wrong with this.
But it is outrageous to charge a handling fee for converting metal currency into United currency.
After doing this, he felt that it was not conducive to the popularization of United Coins. Because metal currencies can also be used in some places, there is no need for people to exchange United Coins. Seeing that you are charging a fee, he will be even less willing to exchange!
Facing Luo Yin's doubts, Henry shrugged and said:
"It's about making money! Banks are not charities."
Well, Luo Yin understood it instantly.
The Kingdom has policies, but banks do not want to work in vain. There must be many interests involved, and the Kingdom does not dare to force no handling fees.
And maybe this has something to do with members of the royal family. After all, some of the shareholders of major banks are members of the royal family.
After a while of silence, Luo Yin finally decided to exchange gold coins!
After all, he has made so much money, and if he can't satisfy even this small wish, then the money earned is meaningless.
Henry just made a suggestion. When Luo Yin insisted, he smiled and said nothing more. After all, it was personal preference. Maybe Luo Yin liked gold coins just like those old nobles.
1.05 million United coins, exchanged for twenty-one gold coins, and a handling fee of 21,000 United coins will be deducted from Luo Yin's personal account.
After a while, Henry came back carrying an exquisite small box.
"The stock of gold coins in our bank is not large. There are only more than fifty gold coins in total. Here are twenty-one. Please check them."
Looking at this golden gold coin, Luo Yin's eyes lit up, and he felt a sense of satisfaction from the bottom of his heart - this is my gold coin, it's so beautiful!
Luo Yin looked at the gold coins intently.
Luo Yin felt that this was not enough, he wanted more gold coins! He even had the urge to rob other gold coins in the bank.
"elder brother?"
Misha's soft voice suddenly came, bringing Luo Yin back to his senses.
Only then did Luo Yin realize that he was hugging the box containing the gold coins tightly, and Misha's eyes were a little confused.
Luo Yin quickly shook his head and got rid of this dangerous idea.
If you want gold coins, just work hard to make money in the future, but you can't challenge the laws of the kingdom. He still wants to live for a few more years.
Take a deep breath and calm yourself down.
Luo Yin picked up a gold coin, and then he frowned.
He felt that this gold coin seemed heavier than the gold coin in his mind?
Is it an illusion? Probably not!
The gold coins here are heavier than the gold coins of the Kais Empire!
Although I don’t know exactly how much it weighs, it is indeed a lot heavier, at least worth three or four Case Empire gold coins!
Luo Yin's eyes suddenly flashed.
If he remembered correctly, the gold in the Kaisi Empire seemed to be quite valuable. Although he didn't know the specific price, in Luo Yin's impression, the purchasing power of one gold coin in the Kaisi Empire was stronger, far more than the value of 50,000 United Coins.
.
And the mass of the gold coins of the Kais Empire is much smaller.
If you take the gold coins here to the Kaisi Empire and sell them, it seems to be very profitable!
It's a pity that now let alone going to the Kaisi Empire, he doesn't even know where the Kaisi Empire is.
Otherwise, he might also get into the business of reselling gold.
After thinking for a moment, Luo Yin picked up one of the gold coins and handed it to Misha next to him.
"ah?"
Misha was stunned.
"This is for you, don't I still owe you a gold coin?"
Luo Yin felt an inexplicable reluctance in his heart, but he was not a stingy person, so he handed the gold coin to Misha.
"Brother, I told you you don't owe me anymore..."
Misha's face was slightly red, and she was a little embarrassed. After all, she asked Luo Yin for a gold coin, which was completely considered blackmail.
"Since I promised, I won't break my promise. Just take it if I give it to you!"
Luo Yin couldn't help but put the gold coin into Misha's hand, very forcefully.
It won't work if you don't have to be strong. He's afraid that he won't be able to let go after a while.
"oh……"
Misha put away the gold coin and felt happy in her heart. It was not because of the value of the gold coin itself, but because of Luo Yin's attention. She had no place to spend money now. She planned to save this gold coin. Luo Yin would need it in the future.
Take it out to him again.
Henry next to him was a little envious. He gave her a gold coin as she was told. He had never been so generous to his wife.
Luo Yin planned to put the remaining twenty gold coins in the safe at home and asked Misha to help keep them.
He also said that if Misha needed money urgently, she could use it, but she would have to tell him afterwards. After all, when doing business in the future, Luo Yin would have to figure out how much money he had before making a decision. If the money is not enough, then
It's very embarrassing.
Misha was very touched by Luo Yin's trust. After all, it was worth one million! She clenched her little fist and told Luo Yin that she would never let anything go wrong with the gold coin.
[To be honest, I have been using Yeguo to read and catch up on books recently. I can switch sources and read aloud with many sounds. www. Android and Apple are available.]
Chapter completed!