Thread: Question/ Challenge to the naysayers

Originally Posted by dinartank

Yes you said in CAPS "SMALL DENOMINATIONS PRINTED not in place"
To me it seems like your saying its a fact. Putting it in all caps like you know.
Yes there are articles of it saying they wish to return to previous levels and wish to be on par with surrounding countries. But with that whose to say they wont do things in chunks 10 cent then 25 cents then 1.00. Its all specultion we shall see. Alls Im saying is yes there are some positive articles about them making the dinar stong and returning to normal, but whose to say it will be overnight. In my opinion it would be a shock to the economy. But a big increase at first say 10 cents to the dollar and then a few jumps down the road we will see it be at par with the surrounding countries. The question will be will you have the guts to hold out and how desperate for cash are you. Just my opinion Tank

Interesting,

The reason it was in caps is that we know there are several denominations that are not known yet. We have read that 14 denoms were printed, so one only has to assume the ones yet announced are smaller, not larger denominations. So it is pretty good chance these are the smaller notes, right? (g)

Good luck to all, Mike

Originally Posted by Offshore-Wealth.com

Interesting,

The reason it was in caps is that we know there are several denominations that are not known yet. We have read that 14 denoms were printed, so one only has to assume the ones yet announced are smaller, not larger denominations. So it is pretty good chance these are the smaller notes, right? (g)

Good luck to all, Mike

there you go now i dont feel like im out on this dinar limb all by my self thanks!!

Originally Posted by duck2000

there you go now i dont feel like im out on this dinar limb all by my self thanks!!

I am out there on that limb with you too. Hope it doesnt break.

its a cypress dont sweat it a few branches may break but we aint going down!!!

Originally Posted by Offshore-Wealth.com

Interesting,

The reason it was in caps is that we know there are several denominations that are not known yet. We have read that 14 denoms were printed, so one only has to assume the ones yet announced are smaller, not larger denominations. So it is pretty good chance these are the smaller notes, right? (g)

Good luck to all, Mike

Agreed. I previously posted this one time before but here is that tid bit on the serial numbers used on the dinar and how it indicates lower denoms are waiting in the wings:

Iraq

The new and much anticipated issue of notes from Iraq has been released into circulation on 15 October 2003. There are currently six notes on issue. They are in the denominations of 25,000, 10,000, 5,000, 1000, 250 and 50 dinars. (The serial number prefixes use the 'abjad' sequence of the Arabic alphabet, but the first letter, alif, is not used. This suggests that a lower denomination may yet appear, or was considered but ultimately not issued.)


News Page (2003) of the Reference Site for Islamic Banknotes

Originally Posted by wciappetta

Agreed. I previously posted this one time before but here is that tid bit on the serial numbers used on the dinar and how it indicates lower denoms are waiting in the wings:

Iraq

The new and much anticipated issue of notes from Iraq has been released into circulation on 15 October 2003. There are currently six notes on issue. They are in the denominations of 25,000, 10,000, 5,000, 1000, 250 and 50 dinars. (The serial number prefixes use the 'abjad' sequence of the Arabic alphabet, but the first letter, alif, is not used. This suggests that a lower denomination may yet appear, or was considered but ultimately not issued.)


News Page (2003) of the Reference Site for Islamic Banknotes

Thanks ward for the post appreciate that little tid bit

Originally Posted by dinartank

Thanks ward for the post appreciate that little tid bit

I added the Currency Link in My Siggy, for awhile. Great info site on the Currency Notes, Thanks. Funny thing is all I ever see is Paper Currency. Never no Coins Mentioned.