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 Home > Gold Notes & Coins >> NEW IRAQI DINARS COLLECTOR'S SET

NEW IRAQI DINARS COLLECTOR'S SET

Price : RM555

Quantity :

 

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NEW IRAQI DINARS COLLECTOR'S SET

7 new Iraqi dinar notes, packed in a beautiful album

Prior to the Gulf War,
This Collectors Set of 41,800 Iraqi Dinar = US $133,760

Since October 15th 2003 a new Iraqi currency known as the 'new Iraqi dinar',  to replace the 'old Iraqi dinar', and the currency used in the North of Iraq, the 'Swiss Iraqi dinar'. The new Iraqi dinar created a single unified currency that is used throughout all of Iraq. Since the production of the new Iraq dinar, the international demand for the new Iraqi dinar has continued to rise.

Why collect Iraqi Dinar?
Iraq's position as the second largest oil reserve holder in the world, with 95 percent of Iraq's revenue coming from exported oil. Even in the midst of chaos, scandals and physical violence, the Iraqi dinar has managed to appreciate by 25 percent in value. The "all-time low" of the Iraqi dinar appeals to sophisticated collectors. Many collectors are aware that they are buying the Iraqi dinar at a postwar level; therefore, it has captivated a broader spectrum. Anyone can afford buying the dinars, regardless if they are big or small collectors.

Iraqi Dinar security features
The new Dinar was minted and printed by DeLaRue, Plc., a British security printing and papermaking firm which produces and prints currency for over 150 countries worldwide. Further encouraging the Iraqi dinar demand are the note's security features: watermarks, metallic inks, safety strip, color changing symbol, raised lettering and writing that is only visible in ultra violet light. When there is confidence in any currency, stability and growth are the result.

The Potential of the Dinar
Prior to United Nations sanctions, the Iraqi dinar traded at 3.35 per U.S. dollar, and prior to the war in Iraq, the Iraqi dinar traded at .33 U.S. Dollars. During major combat operations, the Iraqi dinar declined to an all time low. However, after major combat operations, the value of the dinar increased 25%. Countries such as Germany (post WWII) and Kuwait (post Iraqi invasion) experienced a similar devaluation of their currency, but both countries recovered. Today, the dinar has increased from 3,500 against the dollar during the U.S. led invasion last year to 1,400 against the U.S. dollar. Imagine the growth potential of the Iraqi dinar once Iraq recovers and begins to enjoy the potential revenue of a country rich in oil and other natural resources.

50 Dinar - Size: 132 x 67 (mm)
250 Dinar - Size: 131 x 67 (mm)
500 Dinar - Size: 143 x 67 (mm)
1,000 Dinar - Size: 143 x 67 (mm)
5,000 Dinar - Size: 159 x 79 (mm)
10,000 Dinar - Size: 170 x 79(mm)
25,000 Dinar - Size: 176 x 78 (mm)

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