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THE GOLDEN CROW BANK, 365 ES


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Ve Geltenkaros Bensk

THE GOLDEN CROW BANK

Royal Treasurer’s Edict of 365 ES

 

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Issued by the

Office of The Royal Treasurer

On this 21 of Tov and Yermey of 365 ES

 


EDICT PREFACE

 

VA BIRODEO HERZENAV AG EDLERVIK,

As the usage of Krawns™  has increased rapidly throughout the last five or so years, especially with the new taxing policies of the global bank, it feels necessary by the Royal Treasury to finally expand the usage of Krawns™ and encourage its free flow. Thus, achieving the one goal that the Golden Crow Bank™ has set out to achieve, help the populace - Haeseni or otherwise- that being the convenience of securing their money free of tax without the risk of losing any of it.
As such, with this Edict issued by the Royal Treasurer, an effort will be made to begin the minting of new Krawns™ as we implement an expansion of these same ones.
Practically, this means that THE OLD KRAWNS ARE TO BE TURNED IN and replaced with the newly-minted sets; and, once this process is done, the number of available Krawns will increase by more than 2 times. More details will be described throughout this report, as it will also include a updated guide on how to use Krawns™


 

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Depiction of an Iron Krawn minted in 240 ES

 


GOLDEN CROW BANK INTRODUCTION

Unchanged from the Old Missive

 

The Golden Crow Bank™ (Naumariav: Ve Geltenkaros Bensk) established by the Golden Crow Banking Act 352ES is the state-regulated bank of the Kingdom of Hanseti-Ruska that serves to offer citizens tax-free storage of Mina in exchange for Haenzikrawn - Haeseni currency that acts as a receipt for Mina stored in the Bank, can be used to pay taxes in the City of Karosgrad and traded as wages. In accordance with the Golden Crow Banking Act, the exchange and value of Mina and Haenzikrawn shall be regulated by the Office of the Treasurer.
 
This missive shall be a guidance document for citizens explaining the functioning of the
Golden Crow Bank™

 


KRAWN TYPES

Edicted from the Old Missive

 

The Golden Crow Banking Act establishes six types of Haenzikrawn, or simply ‘Krawns’, which act as a receipt exchanged for Mina stored with the Golden Crow Bank™. With the new minting of 361 - 365 ES Krawns, these six types continue as follows:

 

  • Copper Haenzikrawn, bearing the face of Koeng Peter I, the first Koeng of Hanseti-Ruska on one side and the City of St. Karlsburg on the other, marked with the year of minting, shall be valued  at 5 Mina;
  • Bronze Haenzikrawn, bearing the face of Koeng Otto II on one side and the City of Alban on the other, marked with the year of minting, shall be valued at 10 Mina;
  • Iron Haenzikrawn, bearing the face of Koeng Marius II on one side and the Red City of Markev on the other, marked with the year of minting, shall be valued at 25 Mina;
  • Silver Haenzikrawn, bearing the face of Koeng Josef I on one side and the City of New Reza on the other, marked with the year of minting, shall be valued at 50 Mina;
  • Gold Haenzikrawn, bearing the face of Koeng Heinrik II, current Koeng of Hanseti-Ruska on one side and the City of Karosgrad on the other, marked with the year of minting, shall be valued at 100 Mina;

                          PRACTICAL EDICT:  Gold Haenzikrawn will now be able to be traded directly with the bank without need of Contacting the Lord Treasurer

  • Black Haenzikrawn, bearing the face of Saint Karl on one side and the City of Siegrad on the other, marked with the year of minting, shall be valued at  500 Mina.

                          UNCHANGED:  Being of a significantly higher Value, the Black Haenzikrawn still requires contacting the Treasurer in order to be traded in and out of the Golden Crow Bank™. 

 


INSTRUCTIONS

Unchanged from the Old Missive

 

Mina can be stored with the Bank by purchasing any of the above Krawns at the Bank’s premises in the City of Karosgrad, and customers shall receive Krawns corresponding to the value of the Mina stored. For example, a customer may purchase four Iron Krawns worth a total of one-hundred Mina. These Iron Krawns then act as receipts for the Mina stored; at any time, the customer can return to the Bank and exchange these four Iron Krawns to retrieve their one-hundred Mina stored by the Bank, which is not subject to any tax. These Krawns can also be used to pay property taxes, wages, and may be accepted by some shops as valid tender.

 

Note that Gold Krawns and Black Krawns, owing to their high value, can only be purchased by arranging a meeting with the Royal Treasurer or an appropriate agent. Copper, Bronze, Iron and Silver Krawns can be purchased from the Bank’s premises in the City of Karosgrad. All Krawns can, however, be purchased and exchanged with the Royal Treasurer if of preference to the customer.

 

[[As a brief OOC note, Copper - Silver Krawns can be purchased from autoshop stalls set up in the Bank in Karosgrad. These Krawns, which are renamed RP items, can be sold back to the autoshop in return for the Mina stored. Note that each Krawn is marked with the year it was minted - for example, it will have ‘340ES’ in the name and description. Your Krawn must be sold back to the stall with the corresponding year, because each stack of Krawn is technically a different item.

 

To demonstrate, the Copper Krawn stall in the bank will sell 5 stacks of Copper Krawns, but each stack has a different year in the title, ranging from 340ES-344Es. If you buy 10 Krawns with the year 340ES in the name, you must sell these Krawns back to the 340ES stack to get your Mina. The 341ES, 342Es, 343ES and 344ES stacks will not buy 340ES coins, and vice versa.

 

Additionally, be very careful not to place the Krawns; renamed items lose their name, description and signature when placed. Because Krawns are renamed buttons, they will become normal buttons when placed, and unable to be traded back for Mina or used to pay taxes. The Bank will not refund Krawns that are accidentally placed and turned into normal buttons, so be careful.]]

 


REPLACEMENT AND EXPANSION

IMPORTANT New Edict

 

As mentioned, to maximize the utility of Krawns™ for the general populace, a return and expansion of the currency shall now take place. This will include two main changes:

 

Returning of the Old Krawns:

The aim of this process will be to have the old Krawns, minted between 340 - 349 ES, returned to the Golden Crow Bank™, so that they can be replaced by the updated Krawns™, which will now most prominently include the direct trading of Gold Haenzikrawn, which, valued at 100 Minas, allow for a larger capacity of Krawns™ to be traded in and out of the Bank, thus fixing two inconveniences:

  1. That of Krawns being traded off quickly
  2. Allowing for full liquidity of Gold Haenzikrawn, meaning that it can be directly available to the populace without contacting the Royal Treasurer.

 

To allow for the smooth transition and replacement of Krawns - and it must be noted that this will NOT become a steadily repeated procedure, but instead only happening so to expand Krawns - will be executed as follows:

  • The NEW set of Krawns minted between 361 - 365 ES will be put up for direct trading so to be traded, now including 5 stacks of Gold Haenzikrawn.
  • The OLD set of Krawns minted between 340 - 349 ES will still be put up for direct trading, however, now they may ONLY be sold to the Golden Crow Bank™ instead of being bought by it, thus returning the old currency.
  • THE OLD KRAWNS WILL BE ABLE TO BE RETURNED FOR THE NEXT 6 (SIX) YEARS ONLY, THUS ENDING IN THE YEAR 371 ES. AFTER THIS, THE OLD KRAWNS WILL BE RETURNED TO THE BANK, AND THEIR PLACE BEING TAKEN BY NEW, EXPANDED CURRENCY. ((OOC: The Old Krawns may only be sold to the Treasury and replaced until the 30th of APRIL, 2021))

 

During the five years to come, the populace of Hanseti-Ruska, and whoever owner of Krawns may be reached will be constantly reminded of the deadline to return their Krawns in 361 ES.
The Old Krawns can also be used to pay taxes in Karosgrad until the deadline has passed.

 

Returning of the Old Krawns:

After the deadline of returning Krawns is reached in 371 ES (30th of APRIL, 2021) he displays used for trading in the Old Krawns will be replaced so to trade in a new set, ranging from Copper Haenzikrawn and up to Gold Haenzikrawn. After this, the bank will include TWO sets of Krawns of each type to trade, again, ranging from Copper to Gold Krawns, each set located on either side of the Golden Crow Bank, thus having expanded the available Krawns more than twice due to the inclusion of Gold Krawns.

 

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Depiction of Treasury Workers managing the smooth return and replacement of Krawns with the populace.

 


IV JOVEO MAN

Signed, His Excellency Ser Brandt Barclay KC, Lord Treasurer of Hanseti-Ruska

 

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