SG1 - sorry to be pedantic with a pedagogue, but I have to correct your math. When a caravan is disbanded for another unit or improvement, it only contributes 25 shields to the box. So it would be worth approximately 61 gold and exactly 50 gold in those respective cases.
A trade caravan is almost certainly going to be worth more than the equivalent gold from capitalization. Food caravans are questionable.
A trade caravan is almost certainly going to be worth more than the equivalent gold from capitalization. Food caravans are questionable.
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