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I've been in this for 6 years and purchased some IQD from "Dinarbanker", "Sterling...", "Tampa...?", and I think one other.  I always took the advice from the forums on DV and even saw that AM had Sterling as an advertiser (properly vetted?).  So, with the recent Sterling situation etc.... how do we know that our Dinar is actually a piece of paper with value (albeit low at the moment)?

Just wondering.  Hopefully my decoupage paper is worth something... just say'n. 

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On July 15, 2016 at 3:28 PM, GameChanger said:

I've been in this for 6 years and purchased some IQD from "Dinarbanker", "Sterling...", "Tampa...?", and I think one other.  I always took the advice from the forums on DV and even saw that AM had Sterling as an advertiser (properly vetted?).  So, with the recent Sterling situation etc.... how do we know that our Dinar is actually a piece of paper with value (albeit low at the moment)?

Just wondering.  Hopefully my decoupage paper is worth something... just say'n. 

http://ehelpfultips.com/how_to_tell_if_an_iraqi_dinar_bi.htm

maybe this might help.

 

 

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Thanks Wiljor!  Ive looked at all the special marks and security emblems especially when I purchased it 6 years ago.  Just wondering if the currency will still be valid if there is any type of government change or some other situation that we haven't thought of.  

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Thanks for that info, I know all of mine is real.

My question is about whether or not "non-verified" Dinar will be excepted.  Rumors I have heard state that if you bought Dinar through a "certified" dealer and have the paperwork to accompany it, then you will be able to cash it in, but those that bought dinar, either while in Iraq or elsewhere and brought it back to the USA, you may not be able to cash that in.  Anyone know if there is truth to that? I have some of both. 

I know a few people that purchased a lot of Dinar while in country(Iraq) and brought it back with them.  Would hate to think that they can not cash in on that.

Thanks to all..  Go RV!

 

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18 hours ago, roseserv said:

My question is about whether or not "non-verified" Dinar will be excepted.  Rumors I have heard state that if you bought Dinar through a "certified" dealer and have the paperwork to accompany it, then you will be able to cash it in, but those that bought dinar, either while in Iraq or elsewhere and brought it back to the USA, you may not be able to cash that in.  Anyone know if there is truth to that? I have some of both. 

 

A "certificate" of authenticity is just as counterfeitable as money (imho) so I don't see why that would give anyone a leg up on being able to exchange currency or not and I highly doubt that any bank would rely on that over a Delarue machine and other security checks for the currency in question being exchanged.  That certificate is mostly for people buying and trading the dinar among themselves right now as a sort of piece of mind.

 

This thread might help:

 

Edited by NextYear
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Thanks NextYear, but the authenticity of the currency was not the point of my post.  It was whether or not you had to prove it was purchased through an "authorized" dealer.  Part of the rumor spoke of the Iraq government having not wanted their currency to leave the country without their permission(it was briefly discussed before by, i think, Adam at one point[can't find that post]). So much of their currency is unaccounted for and was removed from the country(some by ISIS). It was rumored that a way to keep either unwanted parties from cashing in and/or counterfeits from being cashed in, that proof of purchase of larger amounts(maybe over 1M IQD) would be needed.

 This is for all the people that brought Dinar home from Iraq or obtained it by means other then an "authorized" dealer.

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