Reading Waterdeep: Dragon Heist for an upcoming campaign, I'm writing a few teasers about the world in preparation. I know that the "dragon" is the local name for the gold coin minted in Waterdeep, but it has two sides - one showing a dragon, and one showing an old man with a beard.

My initial instinct is that it's probably Ahghairon, the first Open Lord of Waterdeep, and the dragon is Aurinax, but I've not been able to find anything to back this up as there don't appear to be any images of Ahghairon.

Does anybody know if there are any official sources that give an indication on who it's supposed to be?

Image of a Waterdhavian "dragon" gold coin


I contacted the artist who designed the coin pictured. Her name is Olga Drebas, and she is listed as one of the Interior Illustrators on page 2 of W:DH. In a public tumblr post she answered:

The character on the golden coin is Ahghairon, the first Open Lord and founder of Waterdeep city, as per the art brief I had. 

For the record, Olga was very nice.




Ahghairon magically struck aside all who sought to lay hands on him. In a fury Raurlor struck at the mage with his own blade. Ahghairon rose into the air, just out of reach, and, as the infuriated Warlord slashed repeatedly at his rising feet, gestured. Raurlor's blade transmuted in his hand, from steel into a hissing serpent, which promptly bit him. (pg. 27)

Coins and Trade Bars

Although only coins and trade bars minted by the Lords of Waterdeep are technically considered legal tender in the City of Splendors, all forms of currency are welcome in this merchant friendly city.

Coins of Waterdhavian mintage include harbor moons (platinum & electrum pieces), taols (brass pieces), suns (platinum pieces), dragons (gold pieces), shards (silver pieces), and nibs (copper pieces). (pg. 17)

Coins have been used since ancient time for more than currency. They are a source of status and propaganda. They also represent cultures and timelines of a particular region.

One can conclude, that without a supported counter argument, these coins are of Ahghairon.

  • \$\begingroup\$ Being minted by a group does not mean that a member of the group is printed on the coin. Minting is just the process of creating the coin. \$\endgroup\$ – David Coffron Oct 18 '18 at 11:22
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    \$\begingroup\$ But how is that evidence that the coin displays Ahghairon, or any of the Lords. And if it isn't, why do you include it in your answer. Furthermore, the coin could have been minted long after Ahghairon died for all we know. There doesn't seem to be much information on the coins in any of the books I've read. \$\endgroup\$ – David Coffron Oct 18 '18 at 12:21
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    \$\begingroup\$ What's the source of the image? I was looking for any imagery of Ahghairon to compare against the coin, but couldn't find any - the face in the answer does have a very striking resemblance to the face on the coin. (Not proof, but gives some weight to the theory) \$\endgroup\$ – Mindez Oct 18 '18 at 12:36
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    \$\begingroup\$ "Presumed from assumption" sounds like double uncertain, double unsourced to me. This isn't a remotely subjective question, it's purely objective, and you've provided no verifiable references, just the same speculation that is already in the question. That's why you're accumulating downvotes. \$\endgroup\$ – T.J.L. Oct 18 '18 at 13:10
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    \$\begingroup\$ @XAQT78 Stack Exchange is about expert answers. You have to provide the sources - telling people to "look it up" is antithetical to how Stack Exchange is meant to work. To put it differently, I don't have to counter your lack of references; you have to provide references that support your position. At this moment, you do not have an answer at all: you have a rephrasing of the question. \$\endgroup\$ – T.J.L. Oct 18 '18 at 13:46

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