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 Replies: 31 / Views: 7,044 |
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Pillar of the Community
United States
711 Posts |
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Pillar of the Community
United States
1158 Posts |
Would this be legal to own in the U.S. given the laws involving trade with terrorist organizations?
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Pillar of the Community
United States
797 Posts |
Will be very interesting to see if they actually come through with this. Very ambitious of them.
tkbslc does bring up an interesting issue, I'm sure there will be embargoes on anything produced by the IS.
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Pillar of the Community
 United States
711 Posts |
Lots of open space and fine details on these coins. Good luck getting any 70's out of them. . . .
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Pillar of the Community
United States
2368 Posts |
Retweeted. Hope I'm not on a list. lol
Edited by wheatchaser140
11/13/2014 2:18 pm
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Bedrock of the Community
United States
10045 Posts |
I just caught this story on Bloomberg--and see it's already on CCF.
If these coins are actually struck, I'm sure there would be some collector interest as historical objects.
But I would have a hard time buying one if my money finds its way to this organization.
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Pillar of the Community
United States
1192 Posts |
Will this be circulating coinage or bullion? Make sense it would be on a gold or silver standard if they captured enough reserves. People wouldn't be accepting of a fiat currency made by them. Outsiders would much prefer something they could melt and effectively launder.
Edited by Bertensgrad
11/13/2014 4:51 pm
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Pillar of the Community
Australia
3831 Posts |
My question is how much blood is going to be involved in the production of these coins. Are gold coins going to be made from gold filings / dentures?
As gruesome as it may sound - this has happened before in history.
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Valued Member
United States
234 Posts |
I know they prolly have bullion from looting but where would they get the machinery to mint the coins? Doesn't the world..kinda you know..hate them?
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Pillar of the Community
United States
1192 Posts |
I'm sure they have looted plenty of gold and silver from banks, historical sites, as well as the population. I'm also sure some would trade gold for cheap oil on the black market. I guess they could always go medieval and just hammer them to mint the coins. Does Iraq have a current mint? Where is it located?
Edited by Bertensgrad
11/13/2014 7:10 pm
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Pillar of the Community
United States
711 Posts |
Where would ISIS get the coin machinery, probably the same place they get their portable refinery equipment, Alibaba.
Edited by BuckeyeCoinGuy
11/13/2014 7:19 pm
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Pillar of the Community
Canada
2805 Posts |
The design of these has changed since the last time I saw this proposal, and that was last week. It all seems pretty nebulous to me. Just remember these are the same guys who drew their plans for world domination over a map from the strategy game Victoria II (the giveaway is Austria-Hungary and the strange things happening to Italy), so I have certain doubts about their technical expertise...  Edited by nalaberong
11/13/2014 7:26 pm
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Pillar of the Community
United States
1192 Posts |
I still think its a smart move for them to go on a gold standard would trade. They have no chance to trade globally outside of resources such as oil gold etc.
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Pillar of the Community
Canada
3692 Posts |
What does the script on the coins say? Can anyone translate that for me? Seems like only the center bits are different for each coin.
Anyways, I'm not worried about these guys. If their coins come my way I will be physically melting them on the spot. I guess the only way for them to stop the melting would be if they guaranteed their currency to be worth more than the spot price. And I would still melt them...
Edited by Libertad
11/13/2014 8:11 pm
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Valued Member
United States
185 Posts |
I wouldn't buy these at all, they are blood money.
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Bedrock of the Community
United Kingdom
17960 Posts |
Quote:
I wouldn't buy these at all, they are blood money. Well said!  Edited by NumisRob
11/13/2014 10:31 pm
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Replies: 31 / Views: 7,044 |
Posted 11/13/2014 1:36 pm
