The first such toy money was printed in 1880 by the Milton Bradley Toys company, and was actually a teaching tool, distributed to schools so that children could play at commercial transactions and learn skills for reckoning change, recognizing coins, and budgeting purchases.[2]
The rules of play money usually follow the same lines as they do for real money: counterfeiting is considered cheating at a game.[2]
Although poker chips are used in game play, the distinction between them and play money is threefold: play money is not intended to be used in gambling, play money (except for its value as a collectable item of board game parphenalia) is not exchangeable for real currency, and play money (especially when used for teaching) tends to have some physical resemblance to actual currency.[3]
The owners of Selchow & Righter, which sold Milton Bradley branded games, had religious objections to gambling, and went so far as to object to any gaming use of play money, rejecting any game ideas that required it, to the extent that Harriet Righter passed over the chance to acquire the rights to Monopoly.[4]
As a form of escapism, to a fantasy world where people were not poor, games with play money were popular during the Great Depression, but their popularity waned afterwards over the decades.[5] A further decline in popularity has occurred because inflation has placed most coins of actual currencies within the spending abilities of children, obviating the need for play money as a cheap substitute.[5]
Play money also encompasses virtual currencies in the complex in-game economies of MMORPGs, but again unlike older physical play money, in-game virtual currencies are exchangeable, to greater or lesser degree, with real currency.[5][6] This has led to a whole economic system that has no analogue with physical game money, with virtual trading indexes, and currency exchange mechanisms for countries that do not accept real currencies like the United States dollar.[7] Whereas Monopoly money is tangible and physical and only exists within an economic system controlled by a single game board, virtual currencies are intangible and exist within an economic system that spans multiple on-line games and extends to the currency of the real world.[7]
Goggin, Joyce (2009). "Fantasy and Finance: Play Money and Computer Game Culture". In Chaney, Joseph R.; McAllister, Ken S.; Ruggill, Judd Ethan (eds.). The Computer Culture Reader. Cambridge Scholars Publishing. pp. 125–136. ISBN9781443806664.
Fatsis, Stefan (2002). "The Owners". Word Freak: Heartbreak, Triumph, Genius, and Obsession in the World of Competitive Scrabble. Random House. ISBN9780224060615.
Aarseth, Espen (2014). "Ontology". In Wolf, Mark J.P.; Perron, Bernard (eds.). The Routledge Companion to Video Game Studies. Routledge Media and Cultural Studies Companions. Routledge. ISBN9781136290503.
Further readingedit
"Milton Bradley's Educational Toy Money". The E-Sylum. Vol. 19, no. 6. Numismatic Bibliomania Society. 2016-02-07.
play, money, money, formally, ludic, money, money, that, functions, token, game, when, playing, coins, from, game, century, spice, road, monopoly, money, first, such, money, printed, 1880, milton, bradley, toys, company, actually, teaching, tool, distributed, . Play money toy money or formally ludic money is money that functions as a toy or a token in a game or when playing 1 Coins from the game Century Spice Road Monopoly money The first such toy money was printed in 1880 by the Milton Bradley Toys company and was actually a teaching tool distributed to schools so that children could play at commercial transactions and learn skills for reckoning change recognizing coins and budgeting purchases 2 The rules of play money usually follow the same lines as they do for real money counterfeiting is considered cheating at a game 2 Although poker chips are used in game play the distinction between them and play money is threefold play money is not intended to be used in gambling play money except for its value as a collectable item of board game parphenalia is not exchangeable for real currency and play money especially when used for teaching tends to have some physical resemblance to actual currency 3 The owners of Selchow amp Righter which sold Milton Bradley branded games had religious objections to gambling and went so far as to object to any gaming use of play money rejecting any game ideas that required it to the extent that Harriet Righter passed over the chance to acquire the rights to Monopoly 4 As a form of escapism to a fantasy world where people were not poor games with play money were popular during the Great Depression but their popularity waned afterwards over the decades 5 A further decline in popularity has occurred because inflation has placed most coins of actual currencies within the spending abilities of children obviating the need for play money as a cheap substitute 5 Play money also encompasses virtual currencies in the complex in game economies of MMORPGs but again unlike older physical play money in game virtual currencies are exchangeable to greater or lesser degree with real currency 5 6 This has led to a whole economic system that has no analogue with physical game money with virtual trading indexes and currency exchange mechanisms for countries that do not accept real currencies like the United States dollar 7 Whereas Monopoly money is tangible and physical and only exists within an economic system controlled by a single game board virtual currencies are intangible and exist within an economic system that spans multiple on line games and extends to the currency of the real world 7 Contents 1 Games that use play paper money 2 Games that use play coins 3 References 3 1 Sources 4 Further reading 5 See also 6 External linksGames that use play paper money editCareers Finance Game of Life Monopoly Pay DayGames that use play coins editCentury Spice Road ScytheReferences edit Goggin 2009 p 127 a b Goggin 2009 p 128 Goggin 2009 p 129 Fatsis 2002 p 170 a b c Goggin 2009 p 130 Aarseth 2014 p 614 a b Goggin 2009 p 131 Sources edit Goggin Joyce 2009 Fantasy and Finance Play Money and Computer Game Culture In Chaney Joseph R McAllister Ken S Ruggill Judd Ethan eds The Computer Culture Reader Cambridge Scholars Publishing pp 125 136 ISBN 9781443806664 Fatsis Stefan 2002 The Owners Word Freak Heartbreak Triumph Genius and Obsession in the World of Competitive Scrabble Random House ISBN 9780224060615 Aarseth Espen 2014 Ontology In Wolf Mark J P Perron Bernard eds The Routledge Companion to Video Game Studies Routledge Media and Cultural Studies Companions Routledge ISBN 9781136290503 Further reading edit Milton Bradley s Educational Toy Money The E Sylum Vol 19 no 6 Numismatic Bibliomania Society 2016 02 07 See also editBradley s Toy Money Complete with Game of BankingExternal links edit nbsp Media related to Play money at Wikimedia Commons Retrieved from https en wikipedia org w index php title Play money amp oldid 1184122819, wikipedia, wiki, book, books, library,
