numimaticmat

What's suspicous about someone selling a business? The Dinar seems to be on the decline not really surprising someone wants to sell their Dinar business while it maybe still has some value.

I hear a lot of people say the US Treasury is involved with Dinar, if they are it's most likely through dealings directly with Iraq or the Central Bank. I highly doubt Dinar Dealers are sending Dinar to the US Treasury. One Currency Return they say... We’re different because we only buy currency in the US, we never sell it here Currency Return sends foreign currency back to its home country, so we always offer you the best price. That’s how we’re different from the currency dealer who first sold you Dinar at a high price, then offered a losing price when you tried to sell it back.

I noticed that BuyNewDinar recently had only been dealing in the newer printed notes the ones with the plastic piece in them. Maybe supply of those has run low???

I think it was DinarDaily recently I read a thread that dealers were all out of stock and nothing was commiing out of Iraq. Some people said it had to do with small notes rolling out but I don't put too much faith in anything I read online so who knows

Possibly Travelex they are all over the UK. Couple years back there was DinarTrades UK operation and another company I think called Dinar Index. If you don't have luck with any of those eBay may be a good option, probably cheaper as well

It seems many dealers are just choosing to deal in 25,000 denominations and nothing else. I wouldn't read too much into it. It's easier to stock one product ie 25,000 notes than it is to stock 4 products 5,000 and 10,000 and 25,000 and 50,000. I see SafeDinar still sells all denoms even going down to the smaller stuff like 500's. I remember years ago my friend paid something like $5,000 for a million in smaller stuff. Seems people are no longer really into the idea that you must have small notes. I notice XChange of America still sells all denoms too, just out of stock on a lot of smaller stuff. I think BuyIQD has 5k and 10k but no 25k and I've seen pretty much all these dealers at one point or another mark they are out of stock or on backorder. I imagine it has to do with everything were hearing about small notes.

Basically crypto to crypto is not a "like kind" exchange so essentially when you swap Bitcoin for Electroneum for example you are selling Bitcoin and paying taxes on any gain that you saw at that time and then buying Electroneum and thats your new tax basis for the Electroneum. I wouldn't necessarily call it a double tax but you are sort of right in the sense if you dump all your BTC profits into ETN and ETN goes down you paid taxes on money you'll never see so IMHO it's important to take profits

There is nothing new about crypto now being taxed. Cryptocurrency has ALWAYS been subject to capital gains taxes. Also, the IRS has always had policies regarding gains on foreign currency, I believe if its over $250 your supposed to pay taxes ie you take an extended trip to Europe, you come back and your Euros have gained over $250 you owe tax.

Your a little bit off base about Bitcoin forks IMHO, though I do agree it's an issue. So Bitcoin Cash and Segwit2X were the most controversial forks, however Segwit2X never happenned and Bitcoin Cash happenned back in August and we can see Bitcoin (Bitcoin Core) has kept the Bitcoin brand, has kept the value, and has kept the hash power. We've since had Bitcoin Gold, Super Bitcoin, and Bitcoin Diamond and at this point it seems everyone knows which is the real Bitcoin, the novelty of getting free money has worn off, people don't really care anymore. Could a better cryptocurrency unseat Bitcoin, absolutely but it doesn't look like it's going to happen anytime soon seeing as how almost every cryptocurrency is "better" than Bitcoin but Bitcoin still remains king. Mining is way over my head but something I find very interesting. That setup you have of 7950's and R9's, that is different from an Asic miner right? What does something like that cost? How much would you say it costs in electricity per day? I'm not very tech saavy but have always had an interest in trying out mining to learn the ins and outs of crypto better, however everyone I've asked online says it's not cost effective just buy coins. Would love to hear more about your setup, how much it costs, and how difficult it would be for a dummie to setup

As someone who briefly worked at a bank back in college I can say that banks don't like doing foreign currency. Us tellers for the most part know next to nothing about foreign currency, it's not something we were ever really trained on and there was typically one teller who knew a little bit about it and would place the orders for customers. We did it as a service for customers or a convenience, we made little to no money and oftentimes it probably cost us more money as we would have to do a brinks delivery special just to get $50 in Euros for a customer, the delivery may cost a couple hundred. The bank I used to work at has completely stopped doing foreign currency and just sends customers to Travelex now. I notice my credit union does foreign currency but only Euros, Pounds, Pesos and maybe 2-3 others. They may help out a customer going on vacation but I'm sure they don't want Dinar buyers comming in weekly ordering $100 worth of Dinar, it doesn't make them any money and they have to answer a bunch of stupid hypothetical what if questions regarding selling the Dinar to the customer. Havn't confirmed it for myself but been hearing that some Citibank locations are accepting Dinar, there's not a Citi within like 300 miles of me though.

Just wanted to give everyone a heads up to this situation. A currency seller with the store names ZimbabweDollars.Net and TheCurrencyStore is outright scamming people. I realize many people aren't fans of the Zimbawbwe Dollar to begin with but that aside should someone decide to buy it they should receive something and not be scammed and they should also get legitimate notes. I personally was scammed by them about a year back. I made a purchase, they sent me 100 Trillion notes which were clearly printed on a home computer. The site says refunds no questions asked. They refused to refund me and told me to file a chargeback with my credit card company. After calling the police in his city and pestering him endlessly he finally refunded me. I've heard numerous stories on forums and from colleagues who made the same mistake. There's also a Youtube video from someone else who had the same experience. I just talked to another online friend today who paid last week and received nothing and has no communication from the seller. It seems this has been going on for a while and neither Shopify or Stripe seem to care this guy is selling fake notes and/or outright scamming people so looks like he'll be able to continue. Just wanted to give you guys a heads up.

Currency can't be insured so save your money on insurance.

A buddy of mine sold off to them, got paid in a reasonable amount of time and the price while not the highest was inline with what others were charging. Safe Dinar is another good one they got my friend paid out in less than 3 days so that was pretty impressive and at the time the price was $745 although I think now they are under $700. Beware of sellers paying over $800 as it's a gimmick they only pay out high if you have 50,000 notes or the 2014 notes in 25,000's otherwise you'll get $500. I saw someone on another forum who got burned that way.

Just wanted to give everyone a heads up. Beware of buying Zimbabwe notes from ZimbabweCurrencyCollectibles.Com. For the third time recently I've heard they are selling fake Zim. Here's a Youtube video with one buyers experience below. Someone else I know a friend from another forum recently bought and wound up receiving notes which were clearly printed on a home computer. The seller will refuse to issue a refund despite stating he has a 100% no questions money back gurantee. He ships from a fake address on his packages, and when you demand a refund he tells you to open a credit card dispute and that he's not able to refund. He tried to report him to Shopify but they don't really seem to accept complaints and just stated open up a credit card dispute. He also called the sellers local police department or at least what appeared on the label and was told by them they can't take a complaint from someone who's not local and to open up a police report with your local police department. I know Zimbabwe money has no value but at the very least if someone buys something they should get what they expect to get what was ordered. One interesting thing that should have been obvious to this guy not to order is right on the website it says "we cannot gurantee our notes are authentic" but most people don't read the fine print, not that this is acceptible even with fine print.

Looking to buy small denomination Iraqi Dinar 250 or 500 ideally, may be open to 1,000 notes. I'm actually going to be using these for a student film kind of project kind of thing so not looking to spend a fortune, I'd probably be willing to go up to $900 for a million, prefer 250 over 500 as it's more notes which is essentially what I'm after. If you have any your looking to sell please pm me or drop a message with a way to contact you.

Pretty much all the same sellers we've seen for years are all reputable ie SafeDinar, XChange of America, Deal or Buy Dinar, BuyIQD, Currency Liquidator, etc. Every now and again it seems a new seller will pop up with insanely low prices though if you sort through previous posts you'll often see with mixed results as far as people actualy getting what they pay for and order. I believe XChange of America is the only dealer with physical locations you can walk into and buy money on the spot which is a huge plus for many people although not really close to everyone I think they are in California, Florida, Tennessee, Minnesota and Texas. I guess just shop around prices and see who's got the best price. The only other thing to really check for is who takes cards as I think for most of us that's easier than running aroundn getting money orders. I believe Treasury Vault, XChange of America and BuyIQD all takes cards but check the pricing against their pricing for checks and wires and I notice some dealers are charging several hundred Dollars more per million to pay by card while others charge the same fee. As long as you go with one of the names that we've seen around for years your at least sure to get what you pay for. Keep an eye on this section of the forum though as you can often pickup Dinar for $200 to $300 cheaper than dealers charge, just use Paypal to conduct the transaction and your both safe.

$850 isn't a terrible price, depending on the day that could still be under the CBI rate I believe, however like you said there's people often giving away Dinar at $600 or $700 so I think most buyers these days are looking for a deal.

I think there's been some posts on here about it as well as DinarDaily. From my understanding it has nothing to do with price gouging, it's been because of gurus and dealers being in bed together lying and scamming in the case of sterling and money laundering and selling unregistered securities in the case of dinarcorp. Someone had posted court docs on here a while back it seems to sell options you need to be registered to do so. What's kind of confusing is TreasuryVault is still selling options or reserves or whatever you call them. It looks like they have changed a bit over the years the reserves that is so guessing maybe because they give you full value of the Dinar you put money down for maybe it's okay, I guess it's more a payment plan now as opposed to an "option".

I guess it depends how we define an investment. I'm sure the banker didn't tell you that you were buying an investment. They were simply conducting a currency exchange for you, if your purpose for buying was speculating on the future value great but the bank didn't sell you an investment. Many people bought beanie babies banking on paying for their kids college fund with them. The beanie baby stores was selling a stuffed animal, not an investment, however many people bought speculating on the future value. You could even liken it to bitcoins, many call it an investment while others call it idiots buying play money. As far as what we consider a "legitimate" investment is up for debate. Iv'e bought stocks that have lost me more than the Dinar and that would be by most people considered legitimate. My point being when we buy currency were not buying an invesmtetn, were purchasing currency or doing a currency exchange. If we believe that will go up or were speculating cool but Chase bank or wells Fargo or City or whomever it may be is not selling us an investment.

Looking to buy between 1 and 3 Million Dinar. Open to uncirculated or circulated, prefer 25,000 notes. PM me with an e-mail or phone where I can contact you. Prefer Paypal but may be open to COD.

The government has nothing to do with foreign currencies. I see a lot of people talking about how the Treasury supplies dealers with Dinar or other currency. I used to work for TCF bank, the money comes from private companies like Travelex, Deutch Bank, etc, not the government.

DoD has it right. You could say the same thing of gold dealers, silver dealers, stock brokers, baseball card stores. If a stock is going to go up why doesn't a company keep it all for themselves? If silver or gold is historically going to go up why don't the dealers hoard it? If baseball cards become more collectible why don't sellers sit on them for the next 40 years and reap the payday? Businesses who are brokers or dealers are not in the business of sitting on things, they are in the business of flipping things and making a small margin, not waiting for a "maybe" pay day down the road. While I don't see the dinar revaluing this isn't really good logic as to why it won't happen, there's plenty of good reasons why it won't but this isnt one of them. It's because they are in the business of buying and selling as any dealer or sales business is.