Small Denominations

[animaldoc]

I am a new investor (December 2010) in the Dinar. I have been watching the rumors and everything else I can find about the RV and can't seem to help myself, kind of like watching a train wreck, I can't not look. I am new to this roller coaster ride and I wonder how those who have been on it for so long keep their sanity. The LOP talk scares me when I read about it, but that isn't what my questions are about. I don't want this topic moved. When I see the talk of LOP, I wonder about maybe trying getting some of the smaller denominations. I read that the smaller denominations are not out yet, but if that is the case, how does TampaDinar have them available for sale? Also, if they are available for sale, is there a place to get them where the price is more in line with the actual value of around $1 to 1170 Dinar?

[joe liberst]

Tampadinar doesn't have "small" denoms, nobody has small denoms. When people take about small denoms, they are talking about 1, 5, 10 dinars etc... not 50.

Where are you located? Some banks sell dinars at better rates than dealers.

Edited February 18, 2011 by joe liberst

[animaldoc]

Ok, that makes sense, because 50 is the smallest they offer.

I'm in Oregon, close to Portland.

Edited February 18, 2011 by animaldoc

[RicknSaudi]

Yea, here's a new bill for ya'. Pretty colorful, huh?

[animaldoc]

Yea, here's a new bill for ya'. Pretty colorful, huh?

Quite colorful! I wouldn't mind having a few of these in my pocket right now.

[fast-rv]

Are you people stupid. Look at all of the denominations

http://www.cbi.iq/index.php?pid=Banknotes

http://en.wikipedia.org/wiki/Iraqi_dinar

smallest is coins then 50 note you people have no idea what you are talking about.

[R2d2dc]

Thanks

[animaldoc]

Does this mean that they aren't going to have anything smaller than a 50 Dinar, other than the 25 Dinar coin? It seems to me that they would need to be able to make change after the RV, just like our dollar is divided into 100 and we have 1's, 5's, 10's, etc. Although the penny is worth less than the cost to make it! Why wouldn't they need 1's, 5's and 10's or maybe even 20's?

Edited February 21, 2011 by animaldoc

[animaldoc]

This website says that they will have small demoninations coming out:

http://***********.wordpress.com/

This post says that the small denominations are ready to be printed:

If they are going to all the trouble and expense of printing new bills, what is to keep them from demonetizing the old, large denomiations, especially if the old bills don't have the Kurds represented????