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Five Golden Dinar currency put into Iraqs Market
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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Five Golden Dinar currency put into Iraqs Market
From my friend Phil!
The CBI released the image of the new 5 dinar gold coin (yea).....interesting now we wait for the CBI to publish the value of the 5 dinar coin. If the 5 dinar coin is real gold, then you can expect the value to be extremely high (similar to the US $10 gold Eagle coin). However, if the 5 dinar coin in not real gold, then you can still expect a nominal value. No way the CBI can release the 5 dinar coin into circulation with a value of 1170 per dollar, it would cost more to make the 5 dinar coin than its purchasing power.
Phil
Five golden dinars currency on the occasion of the fiftieth anniversary of the founding of the Iraqi army
15-04-2013 | (Voice of Iraq)
N. agency publishes news reporting archival image of a gold coin five dinars issued by the Central Bank on the occasion of the fiftieth anniversary of the founding of the Iraqi army
Read more: http://translate.goo...Q#ixzz2QXIogsY9
The CBI released the image of the new 5 dinar gold coin (yea).....interesting now we wait for the CBI to publish the value of the 5 dinar coin. If the 5 dinar coin is real gold, then you can expect the value to be extremely high (similar to the US $10 gold Eagle coin). However, if the 5 dinar coin in not real gold, then you can still expect a nominal value. No way the CBI can release the 5 dinar coin into circulation with a value of 1170 per dollar, it would cost more to make the 5 dinar coin than its purchasing power.
Phil
Five golden dinars currency on the occasion of the fiftieth anniversary of the founding of the Iraqi army
15-04-2013 | (Voice of Iraq)
N. agency publishes news reporting archival image of a gold coin five dinars issued by the Central Bank on the occasion of the fiftieth anniversary of the founding of the Iraqi army
Read more: http://translate.goo...Q#ixzz2QXIogsY9
Guest- Guest
Re: Five Golden Dinar currency put into Iraqs Market
Wow, this is actually current news and not some old article dragged back around to make the rounds? IF so then GREAT NEWS!!! Thanks AJ!
I smell we are close.
I smell we are close.
Guest- Guest
Re: Five Golden Dinar currency put into Iraqs Market
Is this just a commemorative coin? Like our U.S. Treasury does?
Last edited by Ponee on Mon Apr 15, 2013 11:37 am; edited 1 time in total
Ponee- Admin
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Re: Five Golden Dinar currency put into Iraqs Market
Ponee wrote:Is this just a commemorative coin? Like our U.S. Treasury does?
That is what I thought!
Guest- Guest
Re: Five Golden Dinar currency put into Iraqs Market
Commemoratives don't hold much in supporting economic structuresAJAnderson wrote:Ponee wrote:Is this just a commemorative coin? Like our U.S. Treasury does?
That is what I thought!
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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