Latinum conversion1/6/2024 From left to right, a brick, bar, strip, and slip.Ī unique and old financial system, the gold-pressed latinum is by far the most popular among worlds that do not belong to the Federation or are still driven by the idea of fame and fortune. This trade exchange is rarely used by the majority of Federation citizens. It is a unit that represents the basics principle of their economical society.įor worlds allied to the Federation but still using a currency system, a trade and credit exchange known as the Bolian Credit Exchange is maintained by the Bank of Bolias to help control a conversion between non-currency and currency base cultures. The Federation Credit is, in itself, not a physical currency as the United Federation of Planets does not employ a wide currency exchange. For this article, we are looking at two of the galaxy's popular currencies: the Federation Credit and the Ferengi Latinum. Though money is no longer important, a currency continues to exist for the buying and trading within Federation borders and other races. It's primary goal is to seek out new life and new civilizations, protect her assets and citizens from harm, and be a force for good. Phrased perfectly by the Federation Captain Jean Luc Picard, the accumulation of wealth is no longer the driving force behind the Federation. We work to better ourselves and the rest of humanity." - Jean-Luc Picard Introduction The acquisition of wealth is no longer the driving force in our lives. You see, money doesn't exist in the 24th century. In short, however mundane this may sound, it would seem to come from mining."The economics of the future is somewhat different. Star Trek: Armada II depicts the natural form of latinum occurring in sparse nebulae in a form that can be harvested. There is also a mention in the Apocrypha appendix of the Memory Alpha entry: ( DS9 novel: Devil in the Sky TNG - The Lost EraĪ large amount of latinum supposedly exists underground onįerenginar.( DS9 reference: Legends of the Ferengi) Group of Horta discovered deposits of latinum on Baraddo, Bajor's With many minerals and materials, including latinum. Of the Maxia Zeta star system were discovered to be richly endowed ( DS9 novel: Devil in the Sky)Ī Federation survey of the Davon system sometime before 2348 found Such crystals typically formed near pockets of nickel, iron, Latinum was found naturally in the form of crystals which can be Regarding its sources, some info comes from licensed but non-canon works, summarized in the relevant Memory Beta entry: Latinum was a rare silver-colored liquid metalĪFAIK, neither its exact nature (and why it cannot be replicated) nor its sources are mentioned in the canon works (this seems to be the consensus of a relevant Reddit thread, too), and arguably this is the reason why such info is not included in Memory Alpha. Worker using an antigrav lift stood beside it, cranking the box’s topīack to reveal a load of raw, unprocessed latinum.Īctually, the Memory Alpha entry (already suggested in the comments) does say what it is, although only at a very superficial level: A gigantic gray box stood in the middle of the cargo bay. Peeking around the side of the vat, Jake looked to where his friend It needs to be smelted and processed to remove the impurities and turn it into its pure liquid form. Raw latinum metal is apparently solid, not liquid. In the early morning hours, latinum mining king Squeeb, son of Been, was hauled from the flaming wreckage of his skimmer by two members of his private medical staff.Though suffering from various injuries, Squeeb is expected to make a full recovery. Where inĪpparently there are deposits on Ferenginar itself. You to find the main deposit for us." Moon? Ttan wondered. We have found traces of latinum on this level. "As you may have already guessed," Gul Mavek said, "Davonia is a Whatever else it had been programmed for. Together into ingots of pure latinurn or rhodinium or carbonire or The gravel was reduced to its composite minerals, then put back Quite like this before, but she knew the general principle. Waves-probably a smelting furnace, Ttan thought. Which carried it into an immense box that radiated heat in Huge robot-driven bulldozers shoveled the gravel onto a conveyor belt, It's mined and refined on-site on various moons and planets, then sent to Ferenginar (or wherever) to be minted into currency
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