Iraqi Dinar Discussion Board

[felcanelo]

Central Bank announces contract for manufacturing of golden ingots.

Gold ingots. So if they start minting gold dinars what does everyone think the coins top value will be? i.e. the American gold eagle currently has a $50 face value at +/-$1300 oz.
Will these be printed as IQD 25,000, 50,000, etc?

Posted by Iraq News Journal on Apr 03, 2014 | Leave a Comment

BAGHDAD –Central bank of Iraq announced the signing of an agreement with a subsidiary of global manufacturing of golden ingots.

According to a statement by the Central Bank today “In light of the decision of the Board of the Central Bank of Iraq to diversify the means of saving for the public has been contracted with one of the major companies coining global manufacturer of alloy of gold / 5 / gm to 1000 / / g to sell to the public and Goldsmiths.

The statement said , “The total amount of gold that will be minting of up to about 11 tons, and in light of the public’s demand it will manufacture additional quantities .” / End

http://theiraqijournal.com/central-bank-announces-to-contract-for-manufacturing-of-golden-ingots/