#220 - Retail
If you could buy a magic potion, what would it be?
About $4.50.
Edited to add stuff on account of conversation:
I'm guessing at the average price of the cheapest potions to be around a galleon. Price is, of course, dependant on many factors, including contents, quality, and exchange rates. It's hard to compare dollars to galleons when you have to consider certain limitations -- there are, after all, things you can only buy in one or the other, which makes measuring relative buying power rather hard, and international exchange rates are all interlinked in incredible complex patterns which means the actual value can change from second to second.
Also you have the thing where, like, if you bought ingredients enough for fifty potions, each potion would work out cheaper than just buying one potion pre-made, but the cost of just one pre-made potion is less than the cost of the ingredients to make that just one potion. Economics of scale there!
Also, also, we have to consider the definition of 'magical potion' and differentiate between the commonly accepted meaning of the terms and the legal meaning (if such a difference exists) -- does it only cover liquids ingested by humans? What about salves, ointments, cleaning materials, liquid broomwax...?
Anyway, Draco and I are gonna go wander around Diagon Alley and see what the cheapest potion we can find is!
About $4.50.
Edited to add stuff on account of conversation:
I'm guessing at the average price of the cheapest potions to be around a galleon. Price is, of course, dependant on many factors, including contents, quality, and exchange rates. It's hard to compare dollars to galleons when you have to consider certain limitations -- there are, after all, things you can only buy in one or the other, which makes measuring relative buying power rather hard, and international exchange rates are all interlinked in incredible complex patterns which means the actual value can change from second to second.
Also you have the thing where, like, if you bought ingredients enough for fifty potions, each potion would work out cheaper than just buying one potion pre-made, but the cost of just one pre-made potion is less than the cost of the ingredients to make that just one potion. Economics of scale there!
Also, also, we have to consider the definition of 'magical potion' and differentiate between the commonly accepted meaning of the terms and the legal meaning (if such a difference exists) -- does it only cover liquids ingested by humans? What about salves, ointments, cleaning materials, liquid broomwax...?
Anyway, Draco and I are gonna go wander around Diagon Alley and see what the cheapest potion we can find is!