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De Orc
Would like to share these with you all, they arrived in todays post & I am very happy with them evilbanana.gif

Bangladesh
10 Taka 2000
Pink/Brown
Governor Dr M Farashuddin
Front Sheikh M Rahman, Baital Mokarram, national mosque Dakar, Doyel (magpie robin) ust above the see through panel
Rev National Parliament & National Memorial right of the Parliament building a satellite dish at the Betbunia Satellite Earth Station in Chittagong is depicted. The Bank's Coat of Arms is directly above the dish
Blossoms of the Shapla flower form a vertical edge pattern on both the front and the back of the note.
P 35

Chatham Islands
$5 2001
Multi
1st Millenium Dollar
Front Hologram, Taiko bird , Value, Chatham Islands black robin
Rev The Ancestors
3rd Issue

Hong Kong
$10 01/04/07
Multi
Financial Secretary Henry Tang
Front Shadow Image of Bauhinia flower in clear window, Shadow value, See through picture of rearing horse, Geometric design
Rev Geometric design, See through picture of rearing horse, Shadow Image of Bauhinia flower in clear window

Nepal
10R 2006
Multi
Governor B N Bhattarai
Front King Gyanendra, Vishnu astride the imaginary Garuda bird, Devnagari script Assecion to the throne round see through window
Rev Antelope family below Coat of Arms

Malaysia
5 Ringgit 2004
Green/Purple
Governor Z A Aziz
Front See through window showing Prime Minister's office at Putrajaya, Hibiscus National flower Top & Bottom, 1st King of Malaysia, Seri Paduka Baginda Yang di-Pertuan Agong
Rev landmark buildings, the KL International Airport, the Petronas Twin Towers, and a map showing Putrajaya and Cyberjava.
P 47

Nigeria
20n 2006
Green/Gray
Governor C C Soludo
Director of Currency & Branch Operations B C Onyido
Front General M R Muhammed (1938-1976) head of state and Nigeria's national hero. Bank of Nigeria's logo at upper right & in the clear window
Rev Dr L Kwali (c. 1925-1983), Nigeria's best known potter. A map of Nigeria, Coat of Arms of Nigeria

Romania
2,000 Lei 11/08/99
total Solar eclipse
Multi
Governor M C Isarescu
Chief Cashier D Florescu
Front Solar system with the sun and the nine planets, Bank of Romania’s logo top centre, Coat of Arms
Rev map of Romania in Romanian colours showing area where the Solar eclipse was best visible
P111a

Singapore
$2 2006
Purple
Chairman Gok Chok Tong
Front Coat of arns in see through window, Value on golden lion's head, 1st President of Singapore, E Y bin Ishak (1910-1970), Money Cowrie
Rev Teaching children in front of Victoria Bridge School & College of Medicine At the back, Raffles Institution
P46

Solomon Islands
$2 21/06/01
Green/Gray
Silver Jubilee of the Central Bank of Solomon Islands
Governor R N Houenipwela
Secretary Finance George Kiriau
Front Coat of Arms, Wood carvings of porpoises, angelfish and a food bowl bottom center, Two porpoises form a central design
Rev Men and children driving fish into shallow water to be speared.
P 23

Zambia
1000k 2004
Multi
Governor C M Fundanga
Front Value above see through dove & Coat of Arms, Jacaranda tree, Fish Eagle
Rev Aardvak’s head, Sorghum farming, Chain Breaking Statue
P45

500k 2004
Multi
Governor C M Fundanga
Front Value above see through dove & Coat of Arms,Baobab tree, Fish Eagle
Rev Elephant, Cotton picking, Chain Breaking Statue
P44

Follow the link in my sig to view them bhyper.gif banana.gif


Art
Nice notes hi.gif
De Orc
Thanks Art I have sort of got hooked on them LOL I especialy like the new $10HK note & the Romanian Solar Eclipse one, the colours are so vibrant yahoo.gif
dustin43160
have any pics????
roaddevil
yea biggrin.gif if u can shows us a pic plz smile.gif they sound amazing smile.gif
De Orc
All you had to do was click on the link in my sig LOL but if you cant see that for some reason try this bthumbsup.gif

http://www.banknotebank.com/user_view.aspx?id=De-Orc
Vfox
I've also been bitten by the bug, mainly because of the Zambian 500, and 1,000 kwacha. I am a big fan of them in general though, and the ones from Romania are especially nice. I wish the US would jump on this bandwagon for the $20, it seems to be the most widely used other than the $1 note.
De Orc
Yes I like the Zambian as well and to date have the 04 & the 05 issues so still need the 03 pair biggrin.gif
Vfox
I'm actually looking for the 1992 issues of the Non-polymer 500 and 1,000 kwacha notes, and let me tell you that paper 1000 is hard to track down at a good price, and in unc. The 500 wasn't too hard, but I only have one in Xf. Who knew I would get the polymer first eh? biggrin.gif
De Orc
LOL good luck with finding it bthumbsup.gif Well got two more Polymers to add to my collection today and they are biggrin.gif

Mexico
20 Pesos 17/05/02 but issued on 30/09/02
Blue/Terracotta
Chief Cashier R S Otero
Deputy Governor J M Yacaman
Front See through window with the #20, Coat of Arms, Benito Juarez
Rev Monument to Benito Juarez
Series F
P116a

Thailand
50Baht 18/08/97
Blue/Purple/Orange
Finance Minister T Nimmanahaeminda
Governor C Wibulswasdi
Front Coat of arms, Fancy seal, King Rama IX, Value above and in see through window
Rev Monument of King Rama IV seated at table
P102

Please click on the link in my sig to view

De Orc
And just arrived today another rather nice Mexican Polymer evilbanana.gif

Mexico

50 Pesos 2004/06
Pink/Yellow/Blue
Chief Cashier G O Martinez
Deputy Governor M E H H Barba
Front Value below Butterfly, Coat of arms, Portrait J M Morellos, Value above Catapillar in see through window
Rev Value above Catapillar in see through window, Bank Seal, Butterflies in front of the De Morelia Mich Aquaduct, Value below Butterfly
Serie A

Again it is another note with a number of varients to collect LOL To view just click on the link in my sig bthumbsup.gif
De Orc
Todays addition to the collection is a very nice note from PNG just look at the detail in the background bthumbsup.gif

PNG
10 Kina 2002
Blue/Ocher
Governor Leonard Wilson Kamit
Secretary Koiari Tarata
Front Value in top corners, National Crest, Canoe from Milne Bay Province, Sepik spears, a Madang shield, Sepik house post and wood carvings from New Ireland
Rev Value in opposing corners, Tami bowl, bird of paradise, Boars tusks from the Highlands & various shell ornaments
P26

To view please just click on the link in my sig bthumbsup.gif
De Orc
Three new Polymers for the collection & I think the NZ note is rather special, not even sure why LOL it just stands out biggrin.gif

Chile
2000 Peso 2004 Polymer
Purple
Governor Vittorio Corbo L
Gen Manager Camilo Carrasco Alfonso
Front M R Erdoyza (1785-1818), Chilean revolutionary, Monument dedicated to him by sculptress Blanca Merino Lizana
Rev Church of the Dominicans. Declared a national monument in 1983, by Joaquin Toesca, the church's architect. Seal of the Banco Central de Chile at lower right
P160

Mexico
50 Pesos 07/09/05
Pink/Yellow/Blue
Chief Cashier Guillermo Güemez García
Deputy Governor Valdes Ramons
Front Value below Butterfly, Coat of arms, Portrait J M Morellos, Value above Catapillar in see through window
Rev Value above Catapillar in see through window, Bank Seal, Butterflies in front of the De Morelia Mich Aquaduct, Value below Butterfly
Serie B

NZ
$10.00 Jan 2006 Polymer
Blue/Cream/Green/Ocher
Governor Allan Bollard
Front White camellia, Kate Sheppard campaigner for universal suffrage in NZ
Rev Blue duck, Blechnum fern & Parahebe catarractae
P186

Hope you all like them, to view just click on the link in my sig banana.gif
pixelpages
just got my new VietNam Dong Polymor notes today, this is my very first purchase of polymor notes, boy there strange things aren't they, dont no if i could ever get used to this kind of money, i hope they never introduce it into the uk banking system, anywa got my 10,000 and 20,000 vietnam dong notes, will get photo's up shortly,
banivechi
QUOTE(pixelpages @ Sep 3 2007, 07:30 PM) *
i hope they never introduce it into the uk banking system

Why not? I think that UK deserve to use the polymer notes... wasn't the image of QEII into first ever issued polymer note (Australia 5 dollars)?
Actually we use here plastic notes from 1999 and nobody died from this...
Scottishmoney
QUOTE(pixelpages @ Sep 3 2007, 12:30 PM) *
i hope they never introduce it into the uk banking system



They have been in circulation in the British Isles, notably Isle of Man was the first place to issue polymer notes way back in 1982 with the tyvek notes. For some reason, maybe cost of production at the time, they did not use them long and then went back to paper notes. Northern Ireland has had Northern Bank issue £5's in 1999 with a Space Shuttle/Year 2000 commem.
De Orc
I dont have the Isle of man in my collection yet but I do have the Northern Bank issue £5 which I like a lot bthumbsup.gif and I would be quite happy to see them in genral circulation over here
De Orc
Just added this lovely note to my collection with thanks to Derrick aka see323 who kindly sent me two consec notes bthumbsup.gif

Singapore
$20 2007 Polymer
Orange
40 years of the Currency Interchangeability Agreement
Chairman Hsien Loong
Front Coat of arms in see through window, Value on golden lion's head, 1st President of Singapore, E Y bin Ishak (1910-1970), “Dendrobium Puan Noor Aishah” orchid
Rev 2 interlocking “C” state crests of both countries and the text “Forty Years”, Singapore’s Esplanade - Theatres on the Bay & Brunei’s Omar ‘Ali Saifuddien Mosque

To view just click on the link in my sig evilbanana.gif
pixelpages
QUOTE(banivechi @ Sep 3 2007, 06:58 PM) *
Why not? I think that UK deserve to use the polymer notes... wasn't the image of QEII into first ever issued polymer note (Australia 5 dollars)?
Actually we use here plastic notes from 1999 and nobody died from this...


Nope dont like them, i hope they never introduce them into the uk they feel weird, just feels like monoply money, very strange notes, i get the point about they last longer and are more durable but na dont like them one bit.


Scottishmoney
De Orc - you will surely want the 2005 series Romanian notes, they are fantastic. The amazing thing is the level of security they have in them, the microprinting, the see through function, the embossing, even a watermark. They are even nice designs.
De Orc
I do have the 5l & 10l in my collection allready biggrin.gif and totaly agree they are very colourful indeed bthumbsup.gif
pixelpages
Ok here is my new polymor vietnam dong i got, you's should think about getting some also, a realy good investment opportuntiy.

http://hotimg6.fotki.com/a/81_99/132_35/100_0769.jpg

http://hotimg8.fotki.com/p/a/81_99/132_35/100_0770.jpg

http://hotimg8.fotki.com/p/a/81_99/132_35/100_0771.jpg

http://hotimg6.fotki.com/p/a/81_99/132_35/100_0773.jpg

De Orc
I have these two so far

20000d 2004
Blue/Red/Ocher
Front State arms over value, Ho Chi Minh, Window with value in
Rev Window with value in, Riverside Palace.
Security device of strip both sides with value running top to bottom
Watermarked with Ho

10000d 2004
Green/Blue/Brown
Front State arms over value, Ho Chi Minh, Window with value in
Rev Window with value in, Oil platforms
Security device of strip both sides with value running top to bottom
Watermarked with Ho

Dont collect bundles as I honestly woudnt have the room to keep them LOL

Also just arrived this morning from Singapore but not yet scanned are these two bthumbsup.gif

$10 2004 Polymer
Pink/Purple
Chairman Hsien Loong
Front Coat of arms in see through window, Value on golden lion's head, 1st President of Singapore, E Y bin Ishak (1910-1970), Cowrie
Rev Sports Theme, Jogging/Tennis/Soccer/Swimming/Sailing
P48

$5 2007 Polymer
Green/Purple
Chairman Gok Chok Tong
Front Coat of arms in see through window, Value on golden lion's head, 1st President of Singapore, E Y bin Ishak (1910-1970), Cowrie
Rev Garden city theme, Old tembusu tree & national flower, the Vanda Miss Joaquim

Will be scanning & adding to the collection shortly
pixelpages
QUOTE(De Orc @ Sep 12 2007, 08:04 AM) *
I have these two so far

20000d 2004
Blue/Red/Ocher
Front State arms over value, Ho Chi Minh, Window with value in
Rev Window with value in, Riverside Palace.
Security device of strip both sides with value running top to bottom
Watermarked with Ho

10000d 2004
Green/Blue/Brown
Front State arms over value, Ho Chi Minh, Window with value in
Rev Window with value in, Oil platforms
Security device of strip both sides with value running top to bottom
Watermarked with Ho

Dont collect bundles as I honestly woudnt have the room to keep them LOL

Also just arrived this morning from Singapore but not yet scanned are these two bthumbsup.gif

$10 2004 Polymer
Pink/Purple
Chairman Hsien Loong
Front Coat of arms in see through window, Value on golden lion's head, 1st President of Singapore, E Y bin Ishak (1910-1970), Cowrie
Rev Sports Theme, Jogging/Tennis/Soccer/Swimming/Sailing
P48

$5 2007 Polymer
Green/Purple
Chairman Gok Chok Tong
Front Coat of arms in see through window, Value on golden lion's head, 1st President of Singapore, E Y bin Ishak (1910-1970), Cowrie
Rev Garden city theme, Old tembusu tree & national flower, the Vanda Miss Joaquim

Will be scanning & adding to the collection shortly




Investment wise though it may be a good idea to get some bundles as it wont be long until the dong in re-valued then there a tidy profit in it,
San_Miguel98
QUOTE(pixelpages @ Sep 12 2007, 10:31 AM) *
Investment wise though it may be a good idea to get some bundles as it wont be long until the dong in re-valued then there a tidy profit in it,

i've always been a bit skeptical when it comes to "investing" in money bundles. i've seen hundred of those ads for years on e-bay now, (iraq dinars/vietnamese dong), and so far i haven't heard of any of the investors making any money. (the dealers are making a killing though!)

if i had a large bundle of these a few years ago:



i wouldn't have made any money at all once these came out:



so my question is...even if the vietnamese dong is revalued, how do i make any profit?



pixelpages
your wrong actually the dinar has increasd in value quiet a bit from round about 2470dinar when iraq was first invaded to about 1240 dinar now, that's a hell of a jump and it's increasing in value all the time so to say no-one has made money then you'd be wrong, when i first got into buying dinar for myself i bought a 1000 x 50 block for £30 pounds and this was from a dealer, since then the price of a block has went upto £125 pounds now for any investors that bought blocks when i did then they've all made a hell of a profit, that's £85 pounds now say they had 10 blocks that's £850 pounds profit just for sitting on a few notes for a year ods, some profit.

Also the viet dong there's another cracker, you asked the questionhow will i make any money when the viet dong re-values, simple, just walk into any bank and cash your money in or any money exchange bureo, the dong has to either be re-valued or the goverment has to let it be traded internationaly, vietnam is getting far to big now last year it's gdp was 7.7% this year it's going upto 8.6%, massive, the amount of investment is going through the roof companies are putting into vietnam also the amount of exxports vietnam is doing, for the past 30year the goverment has deliberatly keeping the value of the dong supressed but now all restrictions on it have been lifted, it's rumerd to be either the end of 2007 the dong will be re-valued or the start of the year, so again another great currency to get into .


so as i said if you want any thine if not no problem:-)
Scottishmoney
Vietnam, maybe. Iraq, after the USA military leaves, their money will be worth less than toilet paper.
De Orc
Thing is though if I was to start doing that then I woudnt have the $$££ to finamc my addiction hysterical.gif Sorry hobby and to be honest I would much rather collect the odd note than bundles that might or might not make a profit. Dont forget the market can go down as well as up.
pixelpages
QUOTE(Scottishmoney @ Sep 12 2007, 02:42 PM) *
Vietnam, maybe. Iraq, after the USA military leaves, their money will be worth less than toilet paper.



your forgetting one thing, iraq has the 2nd biggest oil reserves in the world and possibly even the biggest as over 70 new fields have been discoverd in the past year also over 50 gas fields have been discoverd, also iraq has no debt what so ever anymore, all of iraqs debt was written of by all the countrys of the world, over a trillion dollars has been written off, the only thing that will happen to the dinar is the value will rocket up, just think before 2003 when iraq was invaded 1 dinar was worth over £2 pounds for 1 dinar, just now you can buy a 100 x 50dinar bundle for £16.99 that's 5000dinar, if it goes back to it's pre war value of £2pound sthen that 5000dinar is worth £10 grand, not bad for a £16 pound investment ay.

iraq is getting billions apon billions spent on it right now and invested in it right now by all the big companies in the world, there queing up at the doar dying to get into iraq and setup business, the amount of money people will make out of this is mental, also the isx just opend up, were else in the world do you no were you can buy bank stocks for a few dinars, oh and the banks are british banks and usa banks aswell like hsbc and chase, these banks have bought iraqi banks and you can get there shares for pennys right now, if you were to try and do the same on the london stock market you'd be paying over £60 per 1 stock. NUTS

hay look i'm not trying to get anyone to invest in dinars or dong, all i was saying when all this first started was if anyone wants any then get in touch, i was meaning a few notes or a bundle as the post i made was my new viet dong notes, but this has now went into a kind of me haveing to tell everyone about the value of being in the dinar or the dong.

as i said in my first post if you want any then thine get in touch and i can supply what ever amount is needed, were that be a few notes or 20 blocks of notes:-)

cheers guys
Brett
What happens if Iraq decides to print new money to get rid of Saddam off of their money????

That means all those dinars you hoarded will be worthless paper. And I wouldn't doubt if this is what will happen.
pixelpages
QUOTE(Brett @ Sep 13 2007, 02:51 AM) *
What happens if Iraq decides to print new money to get rid of Saddam off of their money????

That means all those dinars you hoarded will be worthless paper. And I wouldn't doubt if this is what will happen.


hi the old sadam dinars dont exsist anymore, a new currency has been printed without sadams face, the new currency is printed by De La Ru and was agreed by the new iraqi goverment also by the uk and us goverments and is written and agreed by the iraq goverment that it can not be changed in any way so hope that answers your question.


p.s but if you do have any sadam dinars you can still sell them as collectors notes, some are actually quiet valuable:-) i posted a full sheet note of 15 that i got not long ago in new banknotes, that's worth a few quid some are even more exspensive,
San_Miguel98
QUOTE(pixelpages @ Sep 12 2007, 03:59 PM) *
you asked the questionhow will i make any money when the viet dong re-values, simple, just walk into any bank and cash your money in or any money exchange bureo, the dong has to either be re-valued or the goverment has to let it be traded internationaly

okay, but in my example i used romania. romania revalued their currency because of their acceptance into the european union, and their gdp is set to double by 2011. if i walked into any bank and cashed in my old romanian money, i'd walk out with about the same amount as i put in. how does a vietnamese dong revaluation or an improved outlook on trade and economics make buying bundles of dong an investment, if romania is a prime example of why it's not?

QUOTE(pixelpages @ Sep 12 2007, 03:59 PM) *
your wrong actually the dinar has increasd in value quiet a bit from round about 2470dinar when iraq was first invaded to about 1240 dinar now, that's a hell of a jump and it's increasing in value all the time so to say no-one has made money then you'd be wrong

the only place on the planet you can go to convert iraqi dinars into something other than iraqi dinars is in a bank...in iraq. there's a few military bases in kuwait i've seen that had places you could exchange money, but they're not open to the general public, and anything over a few hundred dollars would be a no-go.

in practice, even if the value of the dinar quadrupled today, the only place you could realistically offload a wheelbarrow full of dinars is on ebay...selling to other "investors" who can also only resell on ebay. iraqi dinars are sorta like a pyramid scheme. whoever is on the bottom loses unless they can get rid of it by finding someone else.
see323
Just an opinion. Investing in China currency may be a much better option.
banivechi
QUOTE(see323 @ Sep 13 2007, 06:25 PM) *
Just an opinion. Investing in China currency may be a much better option.

Inflation in China was in August 6.5% Source: USA Today
Is Yuan a good investment idea confused1.gif
superbeast1098
Personally, I dont really buy into all this investment stuff. Thats not to say that the currency isnt or wont be worth anything in the future..... When I buy a banknote, I buy it because I like the way it looks, and I want to add it to my collection. Not because I think I can make a profit off of it....... smile.gif
pixelpages
QUOTE(San_Miguel98 @ Sep 13 2007, 02:35 PM) *
okay, but in my example i used romania. romania revalued their currency because of their acceptance into the european union, and their gdp is set to double by 2011. if i walked into any bank and cashed in my old romanian money, i'd walk out with about the same amount as i put in. how does a vietnamese dong revaluation or an improved outlook on trade and economics make buying bundles of dong an investment, if romania is a prime example of why it's not?
the only place on the planet you can go to convert iraqi dinars into something other than iraqi dinars is in a bank...in iraq. there's a few military bases in kuwait i've seen that had places you could exchange money, but they're not open to the general public, and anything over a few hundred dollars would be a no-go.

in practice, even if the value of the dinar quadrupled today, the only place you could realistically offload a wheelbarrow full of dinars is on ebay...selling to other "investors" who can also only resell on ebay. iraqi dinars are sorta like a pyramid scheme. whoever is on the bottom loses unless they can get rid of it by finding someone else.



in answer to your question again you are wrong, you can walk into any chase bank in america and sell your dinars right now,and have been able to for over a year also you can go into the bank of america in new york, also you can walk into the halifax in the uk and sell your dinars, so again you are wrong.

about the dong,

Commercial banks now do not have enough VND to buy foreign currencies,

In mid November, the VND/US$ exchange rate offered by Vietcombank HCM City Branch was VND16,100/US$1. People thought that the VND would lose its value against the dollar as they saw in the last years. However, contrary to al predictions, the dollar is losing its value against the VND. On December 22, the bank listed its official exchange rate at VND16,067/US$1, lower the rate quoted in mid November, and lower than the inter-bank rate declared by the State Bank of Vietnam (SBV).

In fact, the dollar purchasing prices offered by commercial banks are calculated by the sum of the inter-bank rate plus 0.25%. The inter-bank exchange rate announced on December 22 was VND16,088/US$1, and the banks could buy dollar at VND16,128/US$1, while they just offered at VND16,067/US$1.

Vietnam banks now only purchase foreign currencies from export companies. As for other clients, who want to sell dollars, the banks delay making deals or lowering the purchasing prices in order to reduce the demand for selling foreign currencies.

The supplies of foreign currencies always increase at the year end, and this also happens this year. Vietnam has exported $36.9bil worth of products so far this year, up by 22.1% over the same period of the last year. Several million US dollars would be remitted by Viet Kieu to their relatives in Vietnam in the pre-Tet months. In addition, the Viet Kieu who return home on Tet will also bring a large sums of dollars with themselves for spending, which will make the dollar supplies profuse.

the demand for selling dollars is increasingly high, while local banks do not have enough VND to buy. Even when banks can arrange enough VND, they still cannot buy as much foreign currencies as they want.

Under the current regulations, the commercial banks only can hold a certain sum of foreign currencies, and they will be punished by SBV, if the foreign currency position in a day exceeds the set level. If the banks buy overly high volumes of foreign currencies, they must sell the exceeded volume to other banks. If they cannot make deals with other commercial banks, the central bank must act as the final buyer of foreign currencies. In the last few days, commercial banks have many times ‘driven through the red lights’, but the central bank has refused to buy the foreign currencies.

Buying foreign currencies or curbing inflation?

Analysts said that the central bank has every reason to refuse to buy foreign currencies at this moment. If it puts more money into circulation, this would leave a hard pressure on inflation that may cause uncontrollable price increases.

the vietnam dong can no longer stay at it's current level against the dollar it either has to re-value or it has to be allowed to trade freely on the world trade market the forex, for the past 30year the goverment has delibrility kept the dong value low but this has now been lifted as the country is growing to big now with exports and the dong is increasing against the dollar everyday so it has to be either re-valued or traded freely on the forex, this is why it is a massive opportunity to invest in the dong as it will shortly wither be traded or re-valued.


---------------

Oh and the reason you'l make a profit is the following, say you purchased 1 million vietnam dong right now which would cost you about £50 pounds, if the vietnam dong re-valued to say, well say just 1 pence that would be £1000 pounds you had made when the dong re-values on your million dong, what a profit, and say it went to 10pence that's £10,000 pounds and say it went to £1 pound, that's 1 million pounds profit, this is how you make a profit.

same goes with the dinar, as i said before 2003 in 2002 1 dinar was worth £2 pounds, right now you can buy 100 x 50dinar for £16.99 for 5000dinar, when dinar re-values say it went back to it's pre war value, that's £10,000 pounds - that's £9,983 pounds profit for spending a little £16.99, dont you think it's worth the risk ??

the last time it happend was when kuwait was invaded in gulf war 1, the kuwaiti dinar de-valued, then the only people that could invest were the american soldiers and when the kuwaiti dinar re-valued those who had invested became millionaires, a proven fact. the kuwait dinar is now worth something like $3 dollar ods were as it was worth nothing during gulf war 1,

the only differance now is the internet is about were it wasn't then and now anyone can get in on it.
pixelpages
QUOTE(banivechi @ Sep 13 2007, 05:13 PM) *
Inflation in China was in August 6.5% Source: USA Today
Is Yuan a good investment idea confused1.gif


in answer to your question:


The Chinese reminbi was once threatened to revaluate, and the Chinese central bank had to inject reminbi in circulation to buy foreign currencies. This has helped China to have a huge foreign currency reserve of up to $1,000bil, and made China-sourced export products cheap and competitive in the world’s market. meening the reminbi will not be re-valued as china has massive stocks of foreign currency not like vietnam were they do NOT have massive stocks of foreign currency and even if they wanted to could not buy enough foreign currency as there is a seriously low amount of vnd available. which is a great reason to get involved in the vnd
pixelpages
so as i said in my origanal post before all the crazines started and i had to back up why the dinar and viet dong were a good idea to get into, as other people didn't actually no what they were talking about, if anyone was wanting any dinar or dong then give me a shout:-)

hopefully this is the end of all this now

and as i said i'm not trying to get anyone to invest in the dong or dinar, it was simply an of the cuff remark that if anyone wanted any, and when i said any i meant 1 note or 2 notes or maybee even a bundle then simply let me no. and as a last remark i said it was also a good investment to get into, not meaning that i would then have to back up the reasons why it was and to set some things right were people didn't no about it. so hopefully this is the end now, cheers:-)
De Orc
OK it is not in the greatest of condition but I have been out bid on one so many times I dont care I love it LOL

Isle of Man
£1 1983 (Tyvek® 919)
Green/Purple
Treasurer William Dawson
Front Value, Trikelion conjoined on a red shield surmounted by a Crown , EII
Rev Tynwald hill
P38

To view just click the link in my sig
Grant Ness
QUOTE(pixelpages @ Sep 13 2007, 04:19 PM) *
in answer to your question again you are wrong, you can walk into any chase bank in america and sell your dinars right now,and have been able to for over a year also you can go into the bank of america in new york, also you can walk into the halifax in the uk and sell your dinars, so again you are wrong.

about the dong,

Commercial banks now do not have enough VND to buy foreign currencies,

In mid November, the VND/US$ exchange rate offered by Vietcombank HCM City Branch was VND16,100/US$1. People thought that the VND would lose its value against the dollar as they saw in the last years. However, contrary to al predictions, the dollar is losing its value against the VND. On December 22, the bank listed its official exchange rate at VND16,067/US$1, lower the rate quoted in mid November, and lower than the inter-bank rate declared by the State Bank of Vietnam (SBV).

In fact, the dollar purchasing prices offered by commercial banks are calculated by the sum of the inter-bank rate plus 0.25%. The inter-bank exchange rate announced on December 22 was VND16,088/US$1, and the banks could buy dollar at VND16,128/US$1, while they just offered at VND16,067/US$1.

Vietnam banks now only purchase foreign currencies from export companies. As for other clients, who want to sell dollars, the banks delay making deals or lowering the purchasing prices in order to reduce the demand for selling foreign currencies.

The supplies of foreign currencies always increase at the year end, and this also happens this year. Vietnam has exported $36.9bil worth of products so far this year, up by 22.1% over the same period of the last year. Several million US dollars would be remitted by Viet Kieu to their relatives in Vietnam in the pre-Tet months. In addition, the Viet Kieu who return home on Tet will also bring a large sums of dollars with themselves for spending, which will make the dollar supplies profuse.

the demand for selling dollars is increasingly high, while local banks do not have enough VND to buy. Even when banks can arrange enough VND, they still cannot buy as much foreign currencies as they want.

Under the current regulations, the commercial banks only can hold a certain sum of foreign currencies, and they will be punished by SBV, if the foreign currency position in a day exceeds the set level. If the banks buy overly high volumes of foreign currencies, they must sell the exceeded volume to other banks. If they cannot make deals with other commercial banks, the central bank must act as the final buyer of foreign currencies. In the last few days, commercial banks have many times ‘driven through the red lights’, but the central bank has refused to buy the foreign currencies.

Buying foreign currencies or curbing inflation?

Analysts said that the central bank has every reason to refuse to buy foreign currencies at this moment. If it puts more money into circulation, this would leave a hard pressure on inflation that may cause uncontrollable price increases.

the vietnam dong can no longer stay at it's current level against the dollar it either has to re-value or it has to be allowed to trade freely on the world trade market the forex, for the past 30year the goverment has delibrility kept the dong value low but this has now been lifted as the country is growing to big now with exports and the dong is increasing against the dollar everyday so it has to be either re-valued or traded freely on the forex, this is why it is a massive opportunity to invest in the dong as it will shortly wither be traded or re-valued.
---------------

Oh and the reason you'l make a profit is the following, say you purchased 1 million vietnam dong right now which would cost you about £50 pounds, if the vietnam dong re-valued to say, well say just 1 pence that would be £1000 pounds you had made when the dong re-values on your million dong, what a profit, and say it went to 10pence that's £10,000 pounds and say it went to £1 pound, that's 1 million pounds profit, this is how you make a profit.

same goes with the dinar, as i said before 2003 in 2002 1 dinar was worth £2 pounds, right now you can buy 100 x 50dinar for £16.99 for 5000dinar, when dinar re-values say it went back to it's pre war value, that's £10,000 pounds - that's £9,983 pounds profit for spending a little £16.99, dont you think it's worth the risk ??

the last time it happend was when kuwait was invaded in gulf war 1, the kuwaiti dinar de-valued, then the only people that could invest were the american soldiers and when the kuwaiti dinar re-valued those who had invested became millionaires, a proven fact. the kuwait dinar is now worth something like $3 dollar ods were as it was worth nothing during gulf war 1,

the only differance now is the internet is about were it wasn't then and now anyone can get in on it.


I see what you are saying about the possibility of making money off the Dong or Dinar but, when you speak of re-valuing, that has to happen either one of two ways:
- let the currency float against the majors
- a tightly controlled, slow creep upwards, (controlled using pre-planned reserve currency buys, or a combination of that and a other tools)

looking at the VND <-> USD relationship since 05', the currency has pretty much stayed between 15,200 and 16,000, and fluctuates quite a bit:

Average (991 days): 16271.13128
High: 16245.00000
Low: 15005.00000

I'd think in order to make big money, two things have to happen:
- letting the currency float, and then buying up foreign reserves or funnel in foreign investment
- increases in consumer confidence (at home and abroad)

The one wild card I think everyone here in the US is forgetting is the inflation. After all, there is a reason the Fed stopped publishing M3. The money supply is increasing now about 15% a year, and Dong owners might benefit from the slide of the US dollar. Personally, if you're keen in holding the value of some of your dollars, it might be better to use metals, or Swiss Francs/Euro to keep the nominal value of your dollar, but so long as the VCB is sensitive to the dropping value of the dollar, you might just see a modest increase in the exchange rate, and profit if you hold enough Dong. SM98 has a point about revaluation, as well. If the dong were revalued (say, dropping 4 zeros), my brick of 1,000,000 VND just became 100 VND, and is worth the same. (see also: Romania, Turkey, and Ghana). If anything, a revaluation would be bad, because that would force me to sell my bundle of VND before the window of exchange closes on the old VND, possibly in a bad climate (losing money) or forcing you to travel there to exchange (central bank exchanges only).

I personally believe that bundle investing works in economies of scale. If I have a 5000 dinar bundle worth 3.00, and the exchange rate changes from 1500/1 to 1495/1, my bundle of dinar has not increased significantly. However, if I owned 1000 of those 5000 dinar bundles, I would see a modest increase in my holdings. In the case of the dinar though, i'd be willing to be my silver reserves that as soon as we leave Iraq, and and all vestiges of US involvement will be purged, including the US Dinars.


just my .02
pixelpages
as i said before in my previous posting i was hopeing all this was finished now, and i'm not takeing it any further, i could go on and on all day trying to back up the 2 currencys but i'm stopping, i've said my peace, if you dont think investing would be a good thing, then cool no problem, i'm not saying you should do it anyway, but all i did say was if you wanted any notes then let me no wether that was 1 note or a bundle of notes.

it's upto you to reasearch the possibiltys for investment yourself. but put it this way, do you think all these companies and goverments and banks and finance houses around the world are pumping all this money into vietnam and iraq for no reason, nope of course not, there doing it to make money when the currency re-values hi.gif all i said at the end of the day was it was a good idea to get into it, it's upto you if you then want to, cheers guys. hi.gif

De Orc
OK guys bacvk on topic LOL got these two today yahoo.gif And I have the second sig version of the Mexican 20 pesos on the way as well bthumbsup.gif

Mexico Polymer
20P 2003
Blue/Terracotta
Chief Cashier Maria E H H Barba
Deputy Governor Guillermo G García
Front See through window with the #20, Coat of Arms, Benito Juarez
Rev Monument to Benito Juarez
Series V
P116

Romania
10 Lei 2005 Polymer
Multi
Bank Governor M C Isarescu
Chief Cashier I Nitu
Front Hollyhock & Paintbrush, Painter Nicolae Grigorescu 1838/1907
Rev Country house & Painting the 'Rodica'
P119

Hope that you like them as much as I do biggrin.gif to view them just click on the link in my sig banana.gif
pixelpages
Sweet nice notes
De Orc
Thanks appreciated banana.gif banana.gif
De Orc
Just arrived today two more Mexican 20p notes I like the design on the revese of the new note much more than what was on the old bthumbsup.gif

Mexico Polymer
20P 29 Mar 06
Blue/Terracotta
Chief Cashier Valdes Ramons
Member of the Board Jesús Marcos Yacamán
Front See through window with the #20, Coat of Arms, Benito Juarez
Rev Monument to Benito Juarez
Series Y
P116

20p 19 Jun 06
Blue/Green/Purple
Chief Cashier Valdes Ramons
Member of the Board Guillermo Ortíz Martínez
Front See through window with the #20, Scales of Justice & Book, Benito Juarez
Rev Aztec ruins at Cocijo
Series A

To view just click on the link in my sig yahoo.gif
De Orc
For some reason I seem to find these quite hard to come by wacko.gif could it be I am not alone in my obsession LOL

Chatham Island
$2 1999 Polymer
Front map of Chatham Islands, Value, Taiko bird, Hologram at lower left
Rev Crayfish and the sea, Black robin
Gold seal, series 2

Hope that you all like it bthumbsup.gif
De Orc
Three more to add to the rosta today including a rather nice Australian $10 grin.gif & a first from Guatemala yahoo.gif

Australia
$10 1998 Polymer
Blue/Green
Governor Ian Macfarlane
Sec Treasury Ted Evans
Front Man on horseback herding horses, A B Banjo Patterson
Rev
Horse & dray, Two portraits of Dame Mary Gilmore (Old & Young) Extract from one of her poems)
P52b

Brunei
5R 1996 Polymer
Green
Sultans Signature Bolkiah
Front Pitcher plant , Sultan Haji H B M Waddaulah
Rev Rainforest floor
P23

Guatemala
1 Quetzal 20 Aug 07 Polymer
Green
Front General J M Orellana, President 1921-1926, founder of the Quetzal currency
Rev Banco de Guatemala, Coat of Arms


To view please just click on the link in my sig, I hope that you like them hi.gif
De Orc
Just added these grin.gif

Brunei
10R 1998 (Reissue)
Reddish Brown
Sultans Signature Bolkiah
Front Purple leafed forest yam , Sultan Haji H B M Waddaulah
Rev Rainforest Canopy
P24

Viet Nam
50000D 2006
Purple/Blue
Front Coat of Arms, Ho Chi Minh
Rev Pagoda's in the city of Hue, symbolising a bridge between earth & heaven
P119
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