1
Choose correct board sides
For 3-4 players use the Kutná Hora board with more squares; for 2 players use fewer squares. For 4 players use the rounds track with 5 rounds; for 2-3 players use 6 rounds
2
Place rounds counter
Put the rounds counter on the first space of the rounds track
3
Place tax counter
Put the tax counter on space 0 of the tax track at the bottom of the rounds track
4
Position red patrician buildings
Place the 3 red-patrician building tiles in a stack on the marked square of the rounds track
5
Arrange guild buildings
Group the 24 guild building tiles into 6 stacks by color, place the marked tile from each stack at the bottom, shuffle and deal to the 6 spaces in the two leftmost columns, then stack remaining tiles atop matching tiles
6
Set up public buildings
Group green, silver, and yellow patrician buildings into 3 stacks by color, shuffle each, and place at the end of each row on the corresponding patrician space
7
Place rock tiles
Choose one mine setup card at random, shuffle rock tiles face down, deal them to the mining spaces shown on the card, then turn face up
8
Prepare card stands
Place population deck (0-19) and ore deck (0-14) in card stands with indicator arms on the left showing leftmost column numbers
9
Assemble St. Barbara's Cathedral
Arrange 11 tiles in order with 1-5 on bottom, 6-10 in middle, and 11 on top
10
Create the bank
Keep coins, 3 patrician tokens of each color, and pelican tokens near the board
11
Stack mining technology tiles
Place 4 mining technology tiles face down in order with tile 1 on top
12
Prepare mine tile stack
Group mine tiles by backs, shuffle each group, stack with single-pickaxe tiles on top, double-pickaxe in middle, triple-pickaxe on bottom, place on prospecting board
13
Distribute player boards
Each player chooses a color and takes all pieces in that color
14
Place production markers
Put 4 production markers at 0 on your player board, keep 2 extras nearby
15
Set reputation marker
Place your reputation marker at 0 on the reputation track
16
Position score counter
Place your score counter on space 0 of the Kutná Hora board scoring track
17
Store miners
Place 1 miner in your miner pool, store remaining 8 miners in the waiting zone
18
Keep house tokens
Place all 12 house tokens on your player board
19
Hold action cards
Keep all 6 action cards in your hand (not secret)
20
Retain plot markers
Keep 3 plot markers on your player board
21
Assign guilds
Use guild setup cards to assign 3 guilds to each player; in reverse turn order players choose sets, then in turn order place guild tiles on player boards
22
Distribute starting money
First player receives 40 groschen, second 41, third 42, fourth 43
23
Determine starting player
Give starting player marker to whoever was most recently underground, or choose randomly
24
Set up 2-player events (if applicable)
Separate event cards into A and B decks, shuffle both, deal face-down events above each rounds track space except the last, reveal round 1 event and apply any tax increase