Coins serve as the primary form of currency in the Wizarding World and have also been adapted for magical communication. The standard wizarding currency in Great Britain consists of three denominations, minted and managed by Goblins at Gringotts Wizarding Bank.
Other notable types of coins include:
While standard wizarding coins are not inherently magical beyond their creation by Goblins, they can be enchanted for various purposes.
The system of wizarding currency has been in place for centuries, with its production overseen by the Goblins of Gringotts. The control of the economy and the minting of coins have historically been points of contention between wizards and Goblins, contributing to Goblin Rebellions. In the 1994-1995 school year, Ludo Bagman, Head of the Department of Magical Games and Sports, paid off a bet with Fred Weasley and George Weasley using Leprechaun Gold following the Quidditch World Cup final. In 1995, Hermione Granger invented the D.A. communication coins as a means for members of Dumbledore's Army to be notified of meetings without being discovered by Dolores Umbridge. The idea was inspired by the Dark Mark, which Lord Voldemort uses to summon his Death Eaters. During the 1996-1997 school year, Draco Malfoy, acting on Voldemort's orders, used a pair of cursed coins to maintain contact with Madam Rosmerta in Hogsmeade. This allowed him to pass her the cursed opal necklace intended for Albus Dumbledore.
Coins are a fundamental element of world-building in the series. Harry Potter's discovery of the small fortune his parents left him in Gringotts Vault 687 is his first tangible connection to his place in the Wizarding World and provides him with independence. The Weasley family's relative poverty, often measured by the small number of Galleons in their vault, is a constant source of characterization and motivation. The enchanted coins created by Hermione Granger and Draco Malfoy serve as parallel plot devices. Hermione's coins represent friendship, rebellion, and cleverness used for a good cause, while Draco's represent conspiracy, coercion, and the use of similar ingenuity for dark purposes. The D.A. coins were crucial to the group's survival and ability to operate, while Malfoy's were instrumental in his attempt on Dumbledore's life. The use of Leprechaun Gold highlights Ludo Bagman's irresponsibility and introduces the theme of deception early in Harry Potter and the Goblet of Fire.