hmmm Posted February 23, 2015 Report Share Posted February 23, 2015 I was on CBI website, been on it maybe three times. Anyways , I was just hunting around and saw the page with the pics of the notes in circulation. I noticed that only the 50 and 100 dinar coins were not in circulation. The 50 dinar note was though. Why is this? Do they have use for a 50 dinar note? Is this old? What would constitute a lower denomination? Thanks! Link to comment Share on other sites More sharing options...
rulesforrebels Posted February 23, 2015 Report Share Posted February 23, 2015 The CBI website never seems to be that up to date. As you see they don't show the new notes on the main page showing all notes. Also they show a 25 and 100 coin but not a 50 coin. Just look around on ebay or amazon and you'll see lots of people selling sets of all 3 coins so they are most definatley out and about and being circulated despite what CBI website says. One other tip, I find the arabic version of the site has more inof and is more up to date. If you use google chrome, i hate their browser but they do automaticallly translate sites for you so check out that site on chrome and see what you see. I wouldn't rely on cbi website for answers though as it's typically not up to date. As far as new denoms, we've had 50 and 250 notes out for forever so the coins are new and are lower. I think when people speak of lower denoms however they are talking about 1s, 5s, 10s etc. Nothing like that is out yet nor have I heard any plans of bringing them out. Heck even a 50 note is pretty insignificant when your currency has the vlaue theirs does. Link to comment Share on other sites More sharing options...
hmmm Posted February 23, 2015 Author Report Share Posted February 23, 2015 Thanks rules! Yeah I was just think what could 50 dinars buy?! Anyways thank you and I will def check that out. So we will be looking at 10, 5, 1., 1/2 and 1/4. Plus fils maybe?! Link to comment Share on other sites More sharing options...
easyrider Posted February 23, 2015 Report Share Posted February 23, 2015 the LD's are going to be coins... not notes. 1 Link to comment Share on other sites More sharing options...
hmmm Posted February 23, 2015 Author Report Share Posted February 23, 2015 Do you have a link to an article on that easy? Just curious as to why they would all be coins. Thanks in adavance! Link to comment Share on other sites More sharing options...
rulesforrebels Posted February 23, 2015 Report Share Posted February 23, 2015 the LD's are going to be coins... not notes. I would agree I think most likely they would be coins since they have 25, 50 and 100 coins out. That said some arabic countries use paper for their coins. For example I forget what country but some middle eastern country has Dinars and Besas. Besas are paper and may say 50 besas however its fractional of a dinar or rial or whatever currency it is. Many people dont know about these and I've actually seen tellers at foreign currency stands pay out hundreds of dollars for what is actually cents because even they dont know what they are doing. Iraq potentialy could have fractional bills instead of coins however seeing as howthey already have coins I'm going to go with easy rider and say lower ddenoms will probably be coins. Link to comment Share on other sites More sharing options...
bsims25 Posted February 23, 2015 Report Share Posted February 23, 2015 Do you have a link to an article on that easy? Just curious as to why they would all be coins. Thanks in adavance! They'll have a mix like we do in this country. I wish I had saved the articles. 2 1 Link to comment Share on other sites More sharing options...
rulesforrebels Posted February 23, 2015 Report Share Posted February 23, 2015 They'll have a mix like we do in this country. I wish I had saved the articles. Had Iraq not already come out with coins I think fractional paper notes would be a real possibility but they woudln't come out wiht coins unless they were planning on using coins so since they are already out I agree it will be a mix. That said if the Dinar gained in value dramatically and they rolled out an entirely new currency and outmoded the current Dinar then anything could happen. 1 Link to comment Share on other sites More sharing options...
JoeB Posted February 24, 2015 Report Share Posted February 24, 2015 The 50 coin has never been in circulation. Most of them were stolen right away and they made a 50 note instead. 1 1 Link to comment Share on other sites More sharing options...
rulesforrebels Posted February 24, 2015 Report Share Posted February 24, 2015 The 50 coin has never been in circulation. Most of them were stolen right away and they made a 50 note instead. The 50's are most definately around... http://www.ebay.com/itm/Newly-Issued-Iraqi-Dinar-Coin-Set-3-Coins-1-25-1-50-1-100-Treasury-Reg-x-/331462954178?pt=LH_DefaultDomain_0&hash=item4d2cbb4cc2 http://www.ebay.com/itm/IRAQ-NEW-20-x-50-DINAR-COINS-IRAQI-UNC-SMALL-DENOM-/261760487448?pt=LH_DefaultDomain_0&hash=item3cf2241018 1 Link to comment Share on other sites More sharing options...
JoeB Posted February 24, 2015 Report Share Posted February 24, 2015 Yes, they are sold as "uncirculated" as they have never been in circulation. Link to comment Share on other sites More sharing options...
waldowould Posted February 24, 2015 Report Share Posted February 24, 2015 (edited) IMO un-circulated means that the bills have never been in the hands of the general population. Edited February 24, 2015 by waldowould Link to comment Share on other sites More sharing options...
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