Home› Precious Metals

Isis declares its own currency

drwstr123drwstr123 Posts: 7,038 ✭✭✭✭✭
in Precious Metals


The highest-denominated 5 dinar coin is set to contain 21.25 grams of 21 carat gold, worth about $694,
while its lowest-denominated 10 flous coin would contain 10 grams of copper and be worth about 7 cents.
The proposed silver dirham coins would range in value from 45 cents to $4.50 at current rates.
LINKY

Comments

  • mikliamiklia Posts: 1,295 ✭✭✭
    well that certainly must create some awkward feelings 'round these parts.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    "The announcement also provoked derision. Karl Sharro, a UK-based Lebanese comedian and architect posted an illustration of a pigeon clutching a letter in its beak. “Along with its new currency, Isis today revealed its new postal service,” he wrote on Twitter."

    image
    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    I would not advise initiating a return if the coin shows up with problems.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    the next novelty item has arrived, there will be people to collect them, bank on it.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • perkdogperkdog Posts: 30,643 ✭✭✭✭✭


    << <i>the next novelty item has arrived, there will be people to collect them, bank on it. >>




    Without question.


    Hopefully Isis will soon be a thing of the past, kill them ALL.
  • CCC2010CCC2010 Posts: 1,997 ✭✭✭


    << <i>I would not advise initiating a return if the coin shows up with problems. >>



    Or maybe we can send it first to our guys at the Agency before returning it. Maybe they can make the coin into a mini IED and send it back to the Bagdadi guy whos the head of ISIS. So when he opens it...you get the picture. image
    References:Coinsarefun,DerryB,Bloodman,Zubie,Gerard,Skyman,Bestclser1,Lakesammman,Yellowkid,PerryHall,Piecesofme,HTubbs,grote15
    Coinfame,Kaelasdad,Type2,UNLVino,MICHAELDIXON
    Justacommeman,tydye,78saen,123cents,blue62vette,Segoja,Nibanny
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Coin only has a reverse..........oh never mind.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    How many can I buy with this?

    image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • mrpaseomrpaseo Posts: 4,753 ✭✭✭
    Isis coins on Ebay

    Pretty nice if you ask me image
  • BLUEJAYWAYBLUEJAYWAY Posts: 9,137 ✭✭✭✭✭
    How long before the Chinese counterfeits of these appear.image
    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • mikliamiklia Posts: 1,295 ✭✭✭


    << <i>Isis coins on Ebay

    Pretty nice if you ask me image >>



    redundant. As if we all don't already have ENAMELD COOKIE MONSTER in our saved searches. image
  • nibannynibanny Posts: 2,761 ✭
    Kind of neat coins. (source: ZeroHedge)

    image
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • drwstr123drwstr123 Posts: 7,038 ✭✭✭✭✭
    One of the gold coins carries the symbol of seven stalks of wheat, mentioned in the Quran, while another has the map of the world, a reference to Islam someday ruling the entire world.
    One of the silver coins shows a sword and a shield in a reference to holy war, or jihad while another has a minaret symbolizing Damascus mentioned in one of the Prophet Muhammad's sayings.
    Another coin carries the symbol of the Al-Aqsa Mosque in Jerusalem, where the Prophet prayed.
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Kind of neat coins. (source: ZeroHedge) >>



    Nothing more than a despicable representation of a vile regime.
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    even Zimbabwe gold has it's value. image

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • PerryHallPerryHall Posts: 46,138 ✭✭✭✭✭
    This would be like the Mafia issuing their own currency and coins.image

    When the Chinese issued the first paper money several hundred years ago, refusing to accept it for payment at full face value carried the death penalty. This ISIS money may be similar in ISIS controlled territory.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • MsMorrisineMsMorrisine Posts: 33,091 ✭✭✭✭✭


    << <i>How long before the Chinese counterfeits of these appear.image >>



    soon, I bet.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,091 ✭✭✭✭✭


    << <i>the next novelty item has arrived, there will be people to collect them, bank on it. >>




    I caution obtaining them may be seen as aiding a terrorist organization. I caution not to fall to temptation even if you don't plan on getting caught.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,091 ✭✭✭✭✭


    << <i>well that certainly must create some awkward feelings 'round these parts. >>



    not at all

    it seems all of the anti-usa factions seem to want to down the dollar. it's not surprising at all.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    No one says the obvious??? If this is true, I didn't research just glanced at these posts, gold price is goin nowhere...
    keceph `anah
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    << <i>

    << <i>well that certainly must create some awkward feelings 'round these parts. >>



    not at all

    it seems all of the anti-usa factions seem to want to down the dollar. it's not surprising at all. >>




    Who says ISIS is an anti US faction ?? Without our graciously providing them weapons constantly they would be pegging rocks at each other over there. They love the US government . The owners of the US government love ISIS right back.

    Pardon me for being cynical , but I think there is more than Mr Murphy's law at work here with regards to the disaster that is the middle east.


  • element159element159 Posts: 512 ✭✭✭


    << <i>I caution obtaining them may be seen as aiding a terrorist organization. I caution not to fall to temptation even if you don't plan on getting caught. >>


    That is my thought... And as for value,


    << <i>
    “Even within the believers, this [currency] will be a stunt,” said an Isis member who returned recently to Lebanon from northern Syria. “If they want people to buy eggs with new coins, then they will. But the real business will be done with real money.”
    >>


    Link
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    One wonders who could do more with money. The widow with a mite, or all the Armies of the world with all the might.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    ISIS suffers from delusions of grandeur......of course, no one is doing anything to awaken them to reality. Cheers, RickO
  • CaptHenwayCaptHenway Posts: 32,150 ✭✭✭✭✭
    Let us hope that this blood money is treated with the same contempt as nazi-related memorabilia.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Let us hope that this blood money is treated with the same contempt as nazi-related memorabilia. >>



    You mean slabbed and tallied as this coin is?


    Auction

    image
  • BLUEJAYWAYBLUEJAYWAY Posts: 9,137 ✭✭✭✭✭


    << <i>Let us hope that this blood money is treated with the same contempt as nazi-related memorabilia. >>

    I would hazard a guess that through history/time there isn't one country/race who hasn't had blood on their currency/coinage from some degree of atrocities.image
    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
  • GBurger717GBurger717 Posts: 575


    << <i>Let us hope that this blood money is treated with the same contempt as nazi-related memorabilia. >>



    Ever been to a military relic show? That nazi gear is fetching crazy prices and rising!
  • GBurger717GBurger717 Posts: 575
    I just got home from the Richmond VA show at the rack track. Flags, guns, gear and SS items are not cheap by a long shot. Banners that are a dime a dozen fetch 250 for rags.... Dont assume things are not collected due to the history they have.

    I do not collect german items but see plenty of it being a civil war dealer/collector. I don't agree with it BUT if I can make a quick flip I am game.
  • tneigtneig Posts: 1,505 ✭✭✭
    What's the diff. US makes as much money as it wants too.
    COA
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    100% blood money
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • RGJohnRGJohn Posts: 402


    << <i>The highest-denominated 5 dinar coin is set to contain 21.25 grams of 21 carat gold, worth about $694,
    while its lowest-denominated 10 flous coin would contain 10 grams of copper and be worth about 7 cents.
    The proposed silver dirham coins would range in value from 45 cents to $4.50 at current rates.
    LINKY >>



    Well this is something of a conundrum.
    I, and I imagine many of you as well, am acquainted with those who have long insisted that the Constitution REQUIRES that all USA money be backed by gold and silver (specie). Now here comes ISIS and says that is the very thing that they intend to actually do. So, umm..., is it the right thing to do or not? And "are ya fer it or again' it?". (Just the question of coinage now.)
    -----
    I wonder who will manufacture them. Themselves (seems unlikely, at least initially). China? Russia?The Swiss? One of us? (We do purchase their oil and in such quantities that the price is rapidly falling, so the Benedict Arnold factor seems to be adequately addressed.)
    -------
    I don't think they'll be faked. They'll be too hard to pass as it is anywhere but in ISIS-held territory and within that territory the punishment will be too severe to take the risk.
    -------
    Many, many perfect transactions with other members. Ask please.
  • tneigtneig Posts: 1,505 ✭✭✭
    I think if some nation were to do that, simply use the gold and silver directly to make the money.
    COA
  • drwstr123drwstr123 Posts: 7,038 ✭✭✭✭✭


    << <i>I think if some nation were to do that, simply use the gold and silver directly to make the money. >>



    "It’s not personal, Sonny. It’s strictly business."
  • LochNESSLochNESS Posts: 4,829 ✭✭✭


    << <i>You mean slabbed and tallied as this coin is?

    Auction

    image >>

    About the same price as the ISIS gold coin, too!
    ANA LM • WBCC 429

    Amat Colligendo Focum

    Top 10 • FOR SALE

    image
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    I've been hearing a lot about this on the various news outlets but I'm beginning to wonder if its a real thing.


    I'm starting to feel like its just a planted story to draw a linkage in the mind of Joe Sixpack between gold and silver money and terrorists.image


    image


Sign In or Register to comment.