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How Much Gold Did Harry Potter Have? (I Calculated It) - Harry Potter Theory 

Harry Potter Theory
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Комментарии : 259   
@xsailor85
@xsailor85 Год назад
Don’t forget that Harry also inherited a substantial amount of gold from his godfather Sirius Black
@Hendricus56
@Hendricus56 Год назад
He did mention it, but we never saw that and therefore can't calculate it. Meanwhile it is possible to calculate the amount of coins in a case like this, which gives us a base estimate
@aniksamiurrahman6365
@aniksamiurrahman6365 Год назад
And by the dimention of those coils, just by the price of gold, those galleons cost at least a few hundred bucks each, not ~$6 neither $25.
@not_coffee
@not_coffee Год назад
​@@aniksamiurrahman6365if that were true a box of every flavor beans is well over 500 usd
@mistyfricke9579
@mistyfricke9579 Год назад
He mentioned it just didn’t add that in since it’s not shown or mentioned on how much he inherited
@alastorclark3492
@alastorclark3492 Год назад
​@@Hendricus56 199513 Galleons give or take a canut
@jamesblanton3744
@jamesblanton3744 Год назад
The price of gold in 1997 was approximately $340 in 2023 approximately $1980 as of today if gallons are real gold that’s a huge difference
@LoveShaysloco
@LoveShaysloco Год назад
yeah i was going to say if you scrap them for gold prices silver prices and bronze prices etc
@sekai40
@sekai40 Год назад
How much gold for 340$
@thor.halsli
@thor.halsli Год назад
@@sekai40 31,1grams
@joonaslaitinen9520
@joonaslaitinen9520 Год назад
@@thor.halsli Nope, its roughly 6.5grams. With todays gold prices.
@thor.halsli
@thor.halsli Год назад
@@joonaslaitinen9520 I surmised he asked what 340$ would buy in gold in 1997. And one ounce is 31,1g
@TheSonofruss
@TheSonofruss Год назад
Don’t forget that Harry is also getting the royalties from his ancestor’s products one wonders how money is added to the vault and what happens when it fills up completely.
@Horus175
@Horus175 Год назад
He's also 50% owner of Weasley Wizard Wheezes which is rather successful in its own right.
@morrigankasa570
@morrigankasa570 Год назад
He doesn't get royalties! His ancestors just sold them outright. Although the part owner of Weasley Wizard Wheezes is technically true though he didn't deliberately plan that. The Weasley's pride insists on paying him back. As for when Sirius left Harry his wealth/property increased the amount.
@nisar8009
@nisar8009 Год назад
@@morrigankasa570 , actually if he never got royalties from the products he wouldn’t be as rich as he is and I’ve read multiple times that he was still receiving royalties, but only from his grandfathers Sleekeasy’s hair potion.
@morrigankasa570
@morrigankasa570 Год назад
@@nisar8009 Where did you read that? In the actual books that is never mentioned. Also he could still be as Rich as he is without Royalties if the actual money from selling the potions outright was large enough and his grandparents worked and earned a lot of money added to inheritance. Also if there was a large merging of wealth with the marriage.
@grec.
@grec. Год назад
​​@@morrigankasa570 How do we know Harry's grandfather sold the rights to his products? The way it works it, that a product that is copyrighted gets the royalties via a trust fund. If that was the case, i think it's must likely that the fund of Harry's royalties was managed by Gringots, so if that was the case, Harry has his royalties via the trust managed by Gringots. (The process would be, for each product sold, the trust's albacea would procure the percent that belongs to the product's owner. And such.) I like to think that Harry still gets his royalties, even when he doesn't know. But it's not confirmed that he does. But i am curious to know if in the books is specified that his grandpa sold the rights for his hair products before he died or not. EDIT: Because James lived off of his inheritance. So maybe he made sure the royalties from his dad were still going to his vault in Gringots. Haha. Coz Harry didn't have a way to know that but James did because he probably knew about the family business.
@sybearOG
@sybearOG Год назад
In the films they nicely represented a "fortune" BUT in the books it says mountains of galleons, i always thought there was huge, man sized piles of gold, thus Harry must have been a millionaire even before getting the Black fortune
@tommoore2012
@tommoore2012 Год назад
I pictured the mountains to be like 8-10ft tall each. Geez, what did the Malfoy’s vault look like inside?
@sybearOG
@sybearOG Год назад
@@tommoore2012 the Mallory’s? I bet wasn’t as impressive as Harry’s. Good old Lucius was a lobbyist so I guess he had favors, some assets and his political power but I always imagined him cash poor 😂
@tommoore2012
@tommoore2012 Год назад
@@sybearOG Lol. The Malfoy’s actually being poor would be pretty funny. But I do believe they have a vast fortune considering that Lucious was able to just casually get seven Nimbus 2001s for the Slytherin Quidditch team.
@sybearOG
@sybearOG Год назад
@@tommoore2012 7 mediocre brooms aren’t a sign of fortune. In PoA Ron said Harry’s Firebolt costs more than all the Slytherin brooms together. Also, Lucius could have pressure Quality Quidditch Supplies for the brooms. He was sneaky enough. There were many rich kids at Hogwarts but we never heard any of them boasting about it. We never actually learned how much the Malfoy’s have. Lucius spent a lot for Voldemort’s cause, on bribes and such, but really that’s all the info about their wealth.
@janodefenua4603
@janodefenua4603 4 месяца назад
@@sybearOG Y probabbly, Malfoy is rich i guess due to owning lot of propperty/other assets- So his net worth must be easily in Low Bilions, But As all bilionaires, its just net worth, it does not mean having actul bilions In Vault/bank acc- The Top bilionaires who have over 100+B have like 95%+ net worth tied in stocks/other assets- I doubt they have much cash, Maybe like 50-100M max in their bank acc if even that. I mean you can be multi-milionaire and Be broke with like 20k in your bank account pretty much if you own A house that is worth 2M. But such Person is Rich on paper only. This is why List of richest people is bullshit, Someone who has Bilions in actual cash and not Only stocks is Richer Than someone who has 100B in stocks only, as you cant realy sell all that stocks at once due to laws etc.
@helpfulfox2789
@helpfulfox2789 Год назад
also you might need to consider the vault harry saw in philosiphers stone might not have been his entire family's fortune. it might be what he saw was a trust, and he wouldn't have access to the rest of his familiy's fortune until he became of age.
@helpfulfox2789
@helpfulfox2789 Год назад
@Patrick Furlong yeah I've seen it mentioned in fan fiction sometimes and just thought it made sense. I never got into fanfiction until recently because of the stigma. I figured I'd mention it because there's probably alot of people who haven't read fanfic and wouldn't have really considered it.
@Weffi76
@Weffi76 Год назад
that actualy could make sence, considering how big those vaults are, the one harry opened was smal, though this could be becuse it didnt need to be bigger and it expands if needed to.
@eliasthienpont6330
@eliasthienpont6330 Год назад
I always imagined that the vault that Harry entered was his father's vault. Later on after his seventh year, Harry inherited Fleemont's vault wherein reposed the larger bulk of his fortune, and since it was all pre 1965, would have been real gold and not todays fiat coins.
@davemccombs
@davemccombs 25 дней назад
overthinking
@charleslee8313
@charleslee8313 Год назад
This reminds me of when MatPat calculated how much money Scrooge McDuck had in his money bin.
@stapleman007
@stapleman007 Год назад
And the physics involved in swimming through it.
@charleslee8313
@charleslee8313 Год назад
@@stapleman007 The swimming wasn't a part of it (I don't think), but just how much money was in it.
@neilprice513
@neilprice513 Год назад
Did you calculate the value of the coins to todays market or from the market back in 1991 when the first book/film was set?
@Synthesid
@Synthesid Год назад
Exactly the type of content a "... Theory" channel should provide, good job!
@AppalachianAnd
@AppalachianAnd Год назад
Harry like the federal reserve
@TheFiown
@TheFiown Год назад
Yes the value of gold would supercede the face value of the coins. I remember wondering how much money the Cullens from Twighlight possessed and it came out as over 10 billion !
@wyterabitt2149
@wyterabitt2149 Год назад
That's not how it works. The value of the gold is either minimal in the wizarding world or a built in part of the coins face value otherwise they wouldn't use gold. In the muggle world the value of the gold is how much money you can get, which is worthless to wizards so any amount you get for it is far less than the face value of the coins.
@MariktheWolf
@MariktheWolf Год назад
when your immortal and been around a few 100 yrs...compound interest is your friend...
@TheZaros666
@TheZaros666 Год назад
With the minimum of 50,625 galleons times current APMEX gold per ounce price (2,027.50 dollars per troy ounce), if a galleon is almost pure gold and weighs at least 1 Troy ounce then Harry has a minimum of 102,642,187.50 dollars in gold.
@billymurray1334
@billymurray1334 Год назад
The diamater of the replica I saw is roughly 63.5 mm. The tickness I could not find a replica with this information. The largest gold coin in current product I can find is a 2022 5 oz proof british gold her Majesty Queen Elizabeth II coin. It has a diamater of 50 mm. So the galleons in HP might be around 6 oz gold coins. Gold value alone for 1 coin would equal $12,121.98 USD. The value of the gold in all 50,625 coins at 6 oz a coin would equal $613,675,237.50 as of the time I'm writing this.
@richhornburg4497
@richhornburg4497 Год назад
@@billymurray1334 and that is just a minimum since it said he had mountains of gold and no telling how much silver and copper added on top of that. His vault could have been huge we just didn't get to see it.
@christianbuczko1481
@christianbuczko1481 Год назад
1 galleon gold coin would be worth a few thousand pounds as they are at least an ounce of gold.
@Exile-104
@Exile-104 Год назад
The replica I have of the same same size is big enough that I think it might be closer to 2 ounces
@martychisnall
@martychisnall Год назад
Not how currency works
@rotorheadv8
@rotorheadv8 Год назад
@@martychisnall Gold is gold.
@Wi-Fi-El
@Wi-Fi-El Год назад
The movie props are probably closer to a half ounce, but that's still over a thousand dollars if galleons are pure gold
@christianbuczko1481
@christianbuczko1481 Год назад
@@Wi-Fi-El the actual weight of a prop has no relation to the story though. The question is are they meant to be solid gold, which the story mostly implies, or just a gold coloured coin with a lower value.
@giano427
@giano427 Год назад
I say the money came from his late uncle that no one likes to speak about. Escobar Potter, he was a big time potion seller that guy, particularly to muggles....
@stfjesusfreak
@stfjesusfreak 5 месяцев назад
Including silver and coppers, I bet his fortune is more around the 1.2 million as said. Then you add the Black fortune from Sirius was probably 5x or more, so for numbers sake we’ll say Harry worth, along with all Sirius assets made him around a 10 million pound man. As prime real estate in London, plus heirlooms (not stolen my fletcher) big bucks.
@scottrawicz7613
@scottrawicz7613 Год назад
Grimauld Place in US dollars is worth 3.6 million dollars Or 2.3 pounds, Based on where it is in London.
@ArrakisHeir88
@ArrakisHeir88 Год назад
yikes, it's not worth that at all there's no yard, i wonder if a fidelius charm helps with traffic noise
@scottrawicz7613
@scottrawicz7613 Год назад
@@ArrakisHeir88 I googled it and that is the estimate. Hermione's childhood house just went on the market for 3.1 million dollars or 2.4 million pounds.
@ArrakisHeir88
@ArrakisHeir88 Год назад
@@scottrawicz7613 I mean I believe you, I'm just saying I personally would never pay that kind of money for a house where I can't enjoy the shade of a nice big tree or something
@scottrawicz7613
@scottrawicz7613 Год назад
@@ArrakisHeir88 Could be a fidelius charm. However a brownstone in NYC has a small yard, very small. Maybe the just didn't show it lol.
@scottrawicz7613
@scottrawicz7613 Год назад
@@ArrakisHeir88 I don't blame you. Me Neither.
@Rebelrocker69
@Rebelrocker69 Год назад
And with all of that gold, I have often wondered why Harry didn't offer to purchase Ron (his BFF) a new wand when Ron's wand was broken. Was it because he knew that the Weasleys were too proud to accept? Or maybe he was worried that they would feel insulted if he offered? In any case, Harry should have at least purchased a spare wand for himself. You know having a backup wand in case of emergencies is always a good idea. One up each sleeve. Or one up the sleeve and one at the waist.
@finnfasty2347
@finnfasty2347 Год назад
It was mentioned in the books that Ron was too proud to take anything from harry
@Rebelrocker69
@Rebelrocker69 Год назад
@@finnfasty2347 ok I didn't know that but I kinda suspected it. But he wasn't too proud to help Harry eat all of the goodies on the train in the first movie/book, was he?
@WiseGurl12
@WiseGurl12 Год назад
​@Rebelrocker69 he was like 11, probably didn't care at the time😂
@ImaginaryRealms-si8lg
@ImaginaryRealms-si8lg 10 месяцев назад
If I was harry I would be giving insane gifts on every holiday/birthday where its rude not to accept the gifts
@alexsalas7941
@alexsalas7941 3 месяца назад
Doesn’t the wand choose the wizard since harry first wand was one of two being lord Voldemort wand
@wherami
@wherami Год назад
A scrooge mcduck level
@JackieBrown7
@JackieBrown7 Год назад
That actually made me laugh. Lmao
@WCLCooke
@WCLCooke Год назад
I wonder what happened to the Lestrange vault after they were killed off. Who inherits their money? Or does it go to the Ministry? It would probably go to the Malfoys because Narcissa is Belatrix's sister. But would it go to other descendants of the Black family? Sirius was one of the last Blacks so maybe part could go to Harry. The Weasleys also have ties to the Blacks. But then here is Tonks's mother, Andromeda, another of Belatrix's sisters. So maybe it could also go to baby Teddy. I'm basing this theory on the law of the bank and next of kin.
@bellidrael7457
@bellidrael7457 Год назад
I would say Harry has to be incredibly wealthy, probably set for life. It could be much, much more than we imagine, but it all depends on how the wizarding world works. I mean, if his ancestors INVENTED potions still being used today, the Potter family name probably has passive income from it. But, we can't really know if for example, his ancestors sold the recipes or if Harry is constantly getting income from his ancestors inventions. So a more interesting question might be, how wealthy is Harry Potter.
@StockDoctortrade
@StockDoctortrade Год назад
We’re galleons made from gold or just called gold?
@someonlinedouche6992
@someonlinedouche6992 Год назад
Made from gold and a possible form of magic added to them. Or maybe just gold. We simply don't know.
@christianheichel
@christianheichel Год назад
Well, it was fashioned by goblins automatically making it more expensive than face value so if it was gold it was goblin gold making it even more.
@christianheichel
@christianheichel Год назад
Well, it was fashioned by goblins automatically making it more expensive than face value so if it was gold it was goblin gold making it even more.
@richewilson6394
@richewilson6394 Год назад
I WISH that math classes used this form of practical math in schools, kids would actually like math more.
@Mintgumery
@Mintgumery Год назад
i feel like £250,000 is far less than there actually is… cuz 2 major potions that are used daily by many wizards and witches would definitely be a multi million pound industry, and you can’t forget lily. her parents would have supplied an inheritance halved with petunia. And considering they lived in the ‘wealthy’ part of their village i assume it would be a fair amount. So i think it would actually be far more than that
@eranshachar9954
@eranshachar9954 Год назад
Kudos to the calculation this is brilliant. I would appreciate Rowling if she told us exactly how much Harry owns in the beginning of the story, but since she sometimes want it to be our imagination I appreciate the movie for showing us what they imagine. That is a big thing to look about when estimating Harry's wealth- They made it up it so technically Harry could have much more than what we saw.
@Jayvetron
@Jayvetron Год назад
How is a fat ass coin made of gold only worth $5?
@TheGhostGuitars
@TheGhostGuitars Месяц назад
I'd say that is a solid calculation of what was shown in the movie. However, I have to point out that I'm of the impression of the fact the main view of the gold in the vault was from INSIDE the vault. Which I think likely SEVERELY understates the total value of the Potter vault. Logic says that the main pile of coins would not likely be just right behind the vault door. It would be against the far wall which is BEHIND the camera view. I reckon the view missed the dragon portion of the riches. And then there's the matter of the royalties Harry's ancestors that must still being paid into the family vault. I'm sure there's probably other assets by the Potter family that's accruing value into the fortune. And finally there's the substantial value Harry has inherited from Sirius Black and the relevant portions of the Black fortune that has descended to Harry from Sirius. I wouldn't wanna try quantify exactly how much Harry is worth, but he's certainly never gonna ever be in a position of needing any money in his life. He could get a job and never need worry about how much he's being paid cuz he's earning way more from his vault. If I hadda guess, Harry is likely to be at least a millionaire in US$. Perhaps more. He's set for life.
@NoneofyourBusiness-iv6pi
@NoneofyourBusiness-iv6pi Год назад
The only issue is that the total in Pounds or US dollars is not taking into account value of 1 British Pound in 1991. Was higher than todays current value. In 1991 the year Harry went to Gringots the Pound was at its height 1 = $1.97 USD in january & around 1= $1.70 USD around august right before start of school year......in 1991 Harry had the equivalent of around $430k USD. Add in Potter Cottage in Godric's Hollow property value...devalued due to damage and neglect. One would hope that gringots, dumbledore, or the ministry were paying out yearly property tax or the UK government would own it but it is mentioned it sat neglected not that the government took control so assume taxes were paid. In a very damaged neglected state at most it would be in 1991 between $200k to $300k USD & probably could only be sold to muggles who knew nothing as a fixer upper because a wizard might think it curse.
@warrenhorsley9710
@warrenhorsley9710 Год назад
I wholeheartedly disagree. A galleon looks to weigh at least an oz. The current price per oz is $2028. To simplify, if you have 50000 1 oz coins that is 50000 x 2000 or 100 million.
@ski_free_exe
@ski_free_exe Год назад
those coins are at LEAST 2 ounces of gold each, probably more like 2.5. meaning each one of those galleons are worth at least $4,000, not 5. unless they are gold plated, which i highly doubt.
@raghavparanjpe9556
@raghavparanjpe9556 Год назад
After sirius had left him gold.....😵😵 he was already knee deep in pooter family wealth... n blacks were said to b most ancient n one of the richest..... dude hie is a fckinh billionaire😂😂😮
@eee1925
@eee1925 Год назад
Video idea: Why no wizards used guns? Wouldn't it be easier to shoot multiple lethal rounds a second than a single lethal round (Avada Kedavra) every multiple seconds? Master has given Dobby a Glock!
@fagiolification11
@fagiolification11 Год назад
Are you American, by any chance? 😂
@parish5739
@parish5739 Год назад
@@fagiolification11I was just about to ask this 😂
@Wyatt_Riley
@Wyatt_Riley Год назад
​@fagiolification Hes got a good point though. If some of these dark wizards wanted to truly subjugate muggles they would use their weapons and enchant them. Could you imagine wizards with enchanted rifles and tanks?
@fagiolification11
@fagiolification11 Год назад
@@Wyatt_Riley Lol, have you seen the video "Harry Potter with guns"? It's hilarious. 😂
@sol_mental
@sol_mental Год назад
I think when the author said "columns" it already made the movie scene a little dwarfed in comparison to my imagination. Do you have any idea what it means to have COLUMNS made of galleons?
@LyleFrancisDelp
@LyleFrancisDelp Год назад
IF a galleon is truly made of pure gold, then one must calculate the value of that gold by weight. Unfortunately, we have no idea how much a galleon weighs, but if we assume a galleon contains 1 Troy ounce of gold, then each galleon is worth $2022 in today's market. All a Muggle would have to do, is melt it down into ingots. So, by that standar, Harry was very likely a billionaire...even more so, once Sirius left him the Black fortune and the house. I'm pretty sure he never really had to work a day in his life, which is OK. He endured quite enough before he ever turned 18.
@animeman8203
@animeman8203 Год назад
I calculated at a conservative estimate of around $100 Million at age 11. I looked at the size of the coins and compared them to quarters.
@LyleFrancisDelp
@LyleFrancisDelp Год назад
@@animeman8203 Exactly
@gstupaluss7941
@gstupaluss7941 Год назад
I’ll give Harry an estimated net worth of around 2 million USD or more from the time he first visited the vault! There’s no telling how many piles of gold that’s inside that vault because we only seen a glimpse inside and never saw his vault ever again as he grew older!
@TheHighRiseElevatorLover
@TheHighRiseElevatorLover Год назад
I think the error you made in calculation was not accounting for inflation. Assuming that 1 galion is equal to 5 Great British Pounds, remember that Harry was 11 in 1991, so you would have to account for the inflation rate of the UK pound from 1991 to today to get an accurate figure in pounds that could then be converted to dollars using today’s exchange rate.
@paulhall9811
@paulhall9811 Год назад
Who is wealthier Harry or Daniel Radcliffe?
@ray101892
@ray101892 Год назад
Dumbledore should have at least sent a monthly stipend to the Dursleys for Harry's upkeep. He was a freaking one year old at the time. From what I can tell, Dumbledore wrote a letter to Petunia and that's it. Sure, he told Mrs Figg to spy on the Dursleys but that's it. Petunia didn't have any contact with from the wizarding world until 10 years later. Vernon and Petunia were deeply scared of magic but the neglect of Harry left no repercussions so the extent of their abuse grew as the years wore on. If some gold kept appearing at their doorstep, it would really help alleviate the financial burden as well as remind the Dursleys that someone was watching.
@jonmedina259
@jonmedina259 Год назад
I think dumbledore should have talked to the Dursleys rather than leave a child on their porch. They had a newborn child at the time making this new responsibility even more difficult.
@mikiim5739
@mikiim5739 13 дней назад
​​@@jonmedina259 and what makes you think they would be able to keep Harry being protected by ancient magic through Lily's blood connection to Petunia a secret? What makes you think they'd have even wanted to keep a casualty of a Wizarding war at their house? Them not knowing much and raising Harry out of obligation is about the best case scenario you could imagine
@mikedirado4270
@mikedirado4270 Год назад
Love your channel
@mattleuzzi6901
@mattleuzzi6901 Год назад
I’m the biggest potterhead of all time
@Austin_Wingfield
@Austin_Wingfield Год назад
​@LionPlayz hater. Hope you have a horrible day
@iimax_9135
@iimax_9135 Год назад
Me too! 😊
@playframe6231
@playframe6231 2 месяца назад
Harry could have pawned some of his gold to get regular money.
@lawrencehelmbain452
@lawrencehelmbain452 Год назад
Wasn't the vault he accessed in first year just a trust vault that was said to be refilled each year? Or am I mixing canon with fanon? 🤔
@michalchik
@michalchik Год назад
Did anybody else feel bad everytime Ron tried to use his spellotape wand and wonder why Harry didn't buy him one as a present?
@Christina-du7gt
@Christina-du7gt Год назад
Right?! Whole time Ron struggling
@milesfernando
@milesfernando Год назад
I don't remember if this was headcanon that I heard somewhere or if it was in a book, but I remember something like, Harry didn't want to do that because it would be humiliating for Ron, Harry having riches to casually spend on a gift that Ron wouldn't have dreamed of affording. Again I could be misremembering this as a headcanon from another YT video so take this with a grain of salt.
@raghavparanjpe9556
@raghavparanjpe9556 Год назад
​@@milesfernando it is headcannon i guess too..... harry himself thought about it but in different context even i dont remember
@nisar8009
@nisar8009 Год назад
If you remember during the Quidditch World Cup Harry purchased Omnioculars for Ron and Ron paid Harry back with Lepricorn gold. Later on Ron found out that Lepricorn gold disappears and was upset that Harry had given him a Christmas gift. If Harry had gone around purchasing things for Ron, they wouldn’t have been friends for very long. Harry knew Ron and knew better than to purchase things for him. It would have upset Ron.
@michalchik
@michalchik Год назад
@@nisar8009 I agree in general but this seems to be one worthy exception that would have been to Harry's benefit also
@Lupinemancer87
@Lupinemancer87 Год назад
I have a question. If Harry died before before marrying and having kids, what would have happened to his money?
@barbiquearea
@barbiquearea Год назад
It would likely go to the Ministry if no heir can be found.
@mattdamutt5681
@mattdamutt5681 Год назад
Seems a little low for gold coins, though it's certainly more money than most of us have regardless. It should be remembered that the 1st Harry Potter book takes place in 1991, and currency values change overtime, usually due to inflation and price fluctuations. Thus, the $310,724 estimate for 1991 would get you about $686,300 worth of goods in April 2023, if the calculations I used are accurate enough.
@Njuregen
@Njuregen Год назад
Wizards could ruin the Muggle economy with the amounts of gold they got...
@TeeTeeDoreia
@TeeTeeDoreia Год назад
He also had more than one vault, plus his profits from products sold.
@fagiolification11
@fagiolification11 Год назад
Where has it been said he had more than one vault?
@xBrandinOx
@xBrandinOx Год назад
Now, if only I could get a few of those to pay for my cancer treatments lol..
@christianheichel
@christianheichel Год назад
Were spells/magics in their essence just force of will with intent with words and wands acting like focusers and or magnifiers? What about magics found in creatures throughout the Harry Potter universe or innate magic abilities some appear to be born with such as parseltounges or metamorphmaguses? Are those last two genetics or somehow just a result of a background magical radiation of sorts?
@VAMobMember
@VAMobMember Год назад
I neither agree nor disagree with the calculations I only point out some errors 1. We don’t know the purity of the gold and silver 2. We don’t know the weight of each coin
@joonaslaitinen9520
@joonaslaitinen9520 Год назад
Coins of that size would be 5$ in like 1850s or something. In 1991 money, those coins would be worth many thousand each. Theory I have, is that wizards are only poor in wizarding money, as they could very easily obtain muggle stuff like food etc through magic. I mean Weaslies never complaining about having to buy food or such basics, only when they are shopping for wizarding stuff.
@nediojon749
@nediojon749 Год назад
Using what I could find since Harry Potter takes place in the 90s and his first year was 91 a single pound was 1.77 usd(I could have found the wrong numbers so I’m not saying this is correct) so in USD it’s more around 448,031.25
@enz147
@enz147 Год назад
The final question is: why didn't Harry buy new muggle clothes instead of wearing Dudleys old ones after PS? If muggles can change pounds to Wizard currency at Gringotts it should be possible the other way round?
@barbiquearea
@barbiquearea Год назад
I think you have to be an adult to be allowed to exchange your galleons for pounds. Also since he's a minor, maybe he was only permitted to take a certain amount out each time.
@morrigankasa570
@morrigankasa570 Год назад
​@@barbiquearea Yes to the first point. But the amount allowed was his personal choice to be reasonably responsible. There was no regulations that prevented him taking all his money out and using it how he chose. Remember when he ran away from the Dursleys in 3rd year he even considered taking all his money out of Gringotts and hiding out to avoid being punished for inflating Aunt Marge. Then later he even was tempted to spend as much Gold necessary for a Firebolt but chose not to.
@katmaresparkles9578
@katmaresparkles9578 Год назад
Harry didn't have a true understanding of how much wealth he actually had. Didn't really have a chance to take care of shopping for proper clothes for himself until he was 13. Even then I believe he would have been fearful of the Dursleys trying to take any muggle money he had as well.
@csszabo1
@csszabo1 2 месяца назад
I heavily disagree. Rowling seemingly had no idea how much the value of pure gold, and gold bullion coins were. As a fundamental rule, a bullion coin has to always have less melt value than its face value in circulation. (Otherwise they cause massive loss for the emitter bank, and people melt them and sold them as bullion metal for more) As we only know Rowling's probably miscalculated eychange rate, it would be more useful to estimate the amount of gold in the vault, instead of the Galleon face value of the coins. The smallest bullion coin I know, is the Mexican 1 Peso bullion coin from the 1870's. A 1 Peso coin is made of 21-carat gold, weighing 1.692 grams, its diameter is 14 millimetres. The daily gold price on 31 July 1991 was £6,92, so a Peso coin's melt value was then £13.38. But that prop coins in the films were significantly bigger, approx. 30 mm in diameter, and 2 mm in thickness. This weights 27.29 grams, its melt value would have been then £173.11, considering 22-carat purity.
@ShinAk1raSama
@ShinAk1raSama 4 месяца назад
Assuming Sept. 2, 1991, the conversion rate would be 1 GBP = 1.6845 USD. So, at the time, we're looking at 50625 x 1.6845 x 5 = $426389.06. Assuming inflation to May 2024 (for fun), that'd be the equivalent of $977,789.63 today. Not quite a millionaire but close enough.
@potterhead4078
@potterhead4078 Год назад
First
@ArmaBiologica35
@ArmaBiologica35 Год назад
I love gooooooooold.
@the_last_ranger
@the_last_ranger Год назад
The look of it the smell of it the texture
@markmeyer4532
@markmeyer4532 Год назад
People need to start subbing so HPT can get paid because he's put out a lot of money videos.
@AzguardMike
@AzguardMike 3 месяца назад
wow JK really hated the men of the Potter family ey? James was a thug and a bully. And the last name of their OG was Stinch combe. As in money grubbing, smelly hoarder. Then we get Harry who was pretty useless, as we are often reminded that Hermione is the brightest and bestest witch of her generation. Where as Harry has "no magical apptitude, his arrogance rivals that of James. Arrogant. Lazy. Useless!"
@that.canadian.vaper.guyTCVG
A simple Google check on how much a galleon weighs and the lowest I've seen is 1.9 grams. This is just from quora mind you, that says it's from a reputable HP source, so f it, let's go with the lowest for a lowball! 1.9 grams of gold would be worth $122.73 USD, so a Galleon would be worth $122.73. Now the video says Harry has at least 50,625 galleons. That would be at least a minimum of $6,213,206.25 USD. And that is ONLY the galleons, not counting his other coins. Factor in money that he would earn on his own and the inheritance from Sirius, as Sirius was one of the richest wizards in the Wizarding World, this would make Harry STUPID rich. Either way you slice it, Harry is a multimillionaire.
@cherylalikhani5957
@cherylalikhani5957 Год назад
Another great video even if I disagree with parts of it. I don't recommend quoting anything JKR says about numbers without first reading up on all the numeric mistakes she has made throughout the series. I suspect she might have a mathematics learning disability. The movies and the books have a lot of inconsistencies and I think the amount of money shown is one of them. Harry comes from a rich family yet the amount shown in his vault is only 50,625 galleons. Was a person in the UK back in 1991 considered to be rich if they had a net asset of £253,125? The books say Harry had a small mountain of coins, Harry's pile wouldn't even make a small hill. Mountains of money: Dragon hoards (Smaug), Scrooge McDuck's bank vault, Something else to take into consideration: HP's vault contained nothing but galleons, in comparison Bella's vault was filled with far more than just gold. If that was HP's only vault, where are the Potter family treasures? The jewelry, antiques, heirlooms, and other miscellaneous things any ancient family like the Potters would have collected over the decades. While on the missing item spiel, I find it hard to believe nobody wrote to him the entire time he was growing up in Durskaban. No letters, cards, notes, gifts, money, marriage contracts, cursed items, nothing.
@eliasthienpont6330
@eliasthienpont6330 Год назад
There is a fly in your ointment. In the early 1950s the US Dollar was pegged to the price of gold, ergo the price of gold was $32.00 per ounce, and the private ownership of gold was prohibited outside of jewelry. In the 1960s that tie was broken, and the price of golds was allowed to float. also private ownership of coins ad bullion was permitted. If you cannot yet see the problem let me elucidate you. If the gold in your galleon was worth $32.00, I could buy that galleon, take it to America and get in those days about $360. It would not have taken the goblins long to see that people were gaming the system and the only way out of that was to take the gold out of the galleon: Give it a base metal blank with a gold coloring to it. Let us assume for the sake of argument that this occurred in 1965: Early galleons were real gold and galleons after that date was fiat money. [Indeed the same thing still happens today, that is why the US government had to take the copper out of the penny and replace the blanks with a base metal.] So the value of Harry's holdings must consider the pre fiat galleons from the gold galleons. This is why many wizards placed gold bullion and other precious metals in their vaults. Check on the web for the price of gold and silver, platinum and even odd metals such as Rhodium. You cannot protect your nest egg with fiat money.
@grec.
@grec. Год назад
I don't remember where but everytime I read or listen to a particular chapter, can't remember the book either, i can't help to think how unknowingly, Joan Rowling predicted her own wealth. She wrote the books and it was later, i think in book 3 or 4, that she became a millionaire (later billionaire). Also I think about her when in the scene Harry buys all the food in the trolly and shares it with Ron. That line always warms my heart, it says that "Harry never had anything to share with anybody and how it made him happy to share all that food with Ron". She also shared a lot of her money to charity. I think these books have so much humanity in them. Specially book 1.
@mattj6676
@mattj6676 Год назад
I think folks are making an assumption that when JK Rowling said a galleon was worth about 5 pounds, she might not have meant in modern terms. It seems like everything in that world is based around the 1600s, so it would make sense that one galleon would buy a lot. Otherwise they'd need to carry huge bags of coins to buy expensive items, or there would be denominations like 100 galleon coins, etc. So think of what 5 pounds would have been worth in 1640 and relate it to today, and I think that's more realistic. $300k is not much of a family fortune considering how well off the family was. At one point Hagrid also says something like "what, you didn't think your parents would leave you with nothing, do you?" which implies some sort of life insurance as well. kind of a modern concept but his mother didn't come from this world. But then again this was a kid's book and we are probably overthinking it...
@MrEgg0
@MrEgg0 Год назад
Bad
@RM771000
@RM771000 Год назад
Think 1.26 million would make more since. $300k may sound like allot for a child, but it's far from setting someone up for life, and honestly, probably allot more than the 1.26 million.
@bruhbruh2743
@bruhbruh2743 5 месяцев назад
Great video but I'd say he has more in that vault alone. I know its just a guess but good tho. I wished that they made a exact amount on how much was on that bought on special feature on HP1. I guess they never did because it wasn't brought up. Besides he was just 11. I'm sure his parent's didn't allow him all access to his money by that age. Maybe when he reaches 18. Beside that's generational wealth im sure its way more. To add that its a magical world that they can use magic on objects to do their own work so it's possible that they don't have to pay for workers.
@NAWennerholm
@NAWennerholm Год назад
It's a shame that they didn't have giant sized coin dispenser like I remember from the past that bus drivers and traveling merchants used to carry when making change like I remember back during the 1970s, 1980s and 1990s. And have see threw windows to be able to count the coins. Thus have one for the gallons another for the sickles and another for the knuts. And then have some kind of signs tied unto the dispenser to show how much money is in each. And then the into account books keeping track of money coming in and going out. And the source and expense each time. Thinking back I only remember one Fanfiction where the Goblins have set up something as I mentioned in at least the Potter vault(s). They could have something l7ke that set up in all the vaults for proper management. And based in the films we have only seen the inside of a few vaults. Such as the Lestrange vault, and the Vaulr that held the philosopher's stone. And The Weasley Vault.
@thehorrorsociety
@thehorrorsociety 8 месяцев назад
He gave Fred and George 1000 galleons like it was nothing. Also he inherited everything the black family owned when sirius died.. One of the richest wizard families.
@simonaslund4441
@simonaslund4441 Год назад
Assuming The galleons are of actual gold , there are gallons of galleons there, and one liter of gold Is 18kilo. One kilo is over 50 000 dollars. Assume just 14 carats in a circulated currency and one kilo will still be over 25000 dollars, one liter over 400 000 dollars. Puting Potter in easily milions of dollars in coin
@lunabonkers5565
@lunabonkers5565 Год назад
If you account for inflation, the $310,724 in his vault back then would be worth $665,544 today
@WilliamJackson-pc5il
@WilliamJackson-pc5il Год назад
$300,000 in today is roughly $526,000 n if u ad all the silver and bronze coins I'd say $1mll+ is quite right
@sipa2123
@sipa2123 Год назад
Daily prophet newspaper costs 2 sickles, most UK newspapers mon-fri cost 70p => one galleon = 5.95 GBP
@IIGrayfoxII
@IIGrayfoxII 4 месяца назад
I think 5pound per galleon would be correct as the trio pay for their butter beers with galleons. IIRC 1 butter beer is 1 galleon.
@victoriar4637
@victoriar4637 7 месяцев назад
I wonder if the wizarding world has something like copyright ownership and royalties? Because maybe he's inherited the rights to those potion recipes etc and would keep earning from them.
@BenlittletheEquestrian
@BenlittletheEquestrian Год назад
I would have thought harry would be extremely rich, considering he inherited the last line of the blacks family's wealth, from what we know, the ancient and most noble house of black were very rich.
@ThatGuy3714
@ThatGuy3714 Год назад
So in other words he is not very wealthy at all. He's average at best? Well thats disappointing. And here is looked liked 1 oz gold coins that would have been worth at least 72 million USD if that were.
@BurritoKingdom
@BurritoKingdom Год назад
You forget about inflation. That's £5 in 1991. With inflation its worth so much nowadays
@genericuser4162
@genericuser4162 Год назад
There is no way that a galleon is only worth £5 if a wand costs 7 galleons. Olivander is a world renowned wand maker, no way he’s making a living off £35 a wand when new students only really need them in August.
@canteventhough
@canteventhough 10 месяцев назад
I feel like galleons should be worth more than five pounds considering how much gold they're made of per each. I'm interested to see if they talk about weight of gold or the conversion tables we're given.
@nickschaps4022
@nickschaps4022 Год назад
I definitely don’t agree. There is no way that Harry could have easily afforded to loan Fred and George enough to open their store if he only had $250k. His net worth had to be well over a million.
@Paula_Shelton
@Paula_Shelton Год назад
200,000 is not a fortune. It’s a modest inheritance. Harry had much more than that where even before Sirius died.
@zoe9190
@zoe9190 Год назад
This is only for 11 year old harry lowest estimate. Not including descriptions that each year he visits gringotts, the piles are bigger, then adding inheritance from Sirius including gold and real estate, by the time of the last visit in the books of his vault, he would be a millionaire, also adding inflation
@potterhead4078
@potterhead4078 Год назад
Ha ha
@LordDragon314
@LordDragon314 Год назад
The author may have given them a value of about 5 pounds, but an actual gold coin the size/weight of a galleon looks like it would probably be worth a few grand
@unLUCKY95
@unLUCKY95 Год назад
So basically the outcome is as we expected - Harry Potter was fucking loaded.
@KonTikiBea
@KonTikiBea Год назад
but you forget the size of the vault what lies behind the pile we can see? if you use the only reference we have to vault size the size of Lastrange's vault is the only vault we see in full ... and if Harry's was that size the calculations are way off ...
@borisbradara5950
@borisbradara5950 7 месяцев назад
My headcanon was always, that his parents saved up much and that since they were aurors, they probably had a lifeinsurance
@jamesdupuis8066
@jamesdupuis8066 Год назад
I did find out that one Gold coin in Harry Potter is at 5 British Pounds from J.K.Rowling
@canteventhough
@canteventhough 10 месяцев назад
"Didn't think your parents would leave you with nothin' now do you?" What like they planned their deaths?
@the_kovic
@the_kovic Год назад
I wonder whether the 1 galleon to 5 pounds conversion rate is some naivity on part of Rowling (I think the quote is quite old?). It could also be a subsidized exchange rate offered by Gringotts to muggle parents of muggle-born wizards. This is all assuming that the gold status of a galleon is not a trick or a cheap coating but that a galleon is indeed genuinely gold, or at least from a large part.
@esox86new
@esox86new Год назад
Good job as by the movie. But book Harry has mountains of galleons. He defo was a millonaire.
@nagyati87
@nagyati87 Год назад
I'm very sure, that Harry was MUCH richer. Those galleons worth way more!
@katmaresparkles9578
@katmaresparkles9578 Год назад
The galleons would be made of a mixture of metals. As pure gold (24ct) would be too soft to use on its own. So I would say that they are mostly gold, like 18ct.
@TankredEndures
@TankredEndures Год назад
But they're minted by the Goblins who somehow figured out how to turn Silver of all things into a viable material for making swords. The coins are obviously enchanted to be a tad more durable, and probably to prevent counterfeiting. In a world of magic such practical concerns aren't really going to limit you if you are good enough at magic/crafting. My head cannon is pure gold coins, seems like something they'd do.
@xristossophocleous5069
@xristossophocleous5069 Год назад
Don't forget that he didn't calculate the inflation, with inflation it would have been at least a million dollars.
@rotorheadv8
@rotorheadv8 Год назад
If the galleon is indeed solid gold, I would be worth a great more than 5 British pounds.
@kirbymarchbarcena
@kirbymarchbarcena Год назад
Sigh...I looked into my bank account and I only see zeros.
@l.tjustonsenack
@l.tjustonsenack Год назад
all i heard was harry potter gallaions math math math readit too bad i never didn't do math in highschool
@rapidspeedgamer16
@rapidspeedgamer16 Год назад
Nice
@Cadaverine1990
@Cadaverine1990 Год назад
Huh, I would go into the muggle world and just sell the gold. 2grand a coin
@mndtv7210
@mndtv7210 Год назад
if gallons are pure gold coins hees definitely more loaded then a few hundred k
@weslooos
@weslooos 2 месяца назад
never.. hmmm just means there better at it, and never got caught
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