Difference between revisions of "20 ice mark note"
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[[File:20IM for Wiki.jpg|thumb|20 ice mark note obverse]] | [[File:20IM for Wiki.jpg|thumb|20 ice mark note obverse]] | ||
The '''20 ice mark note''' is the first | The '''20 ice mark note''' is the first denomination of [[ice mark]]s to be issued by the [[Central Bank of Westarctica]]. As such, it has become the first legal tender paper currency ever created by [[Westarctica]]. | ||
The note was designed by the [[Baron of Bastanchury]] in his capacity as [[Commissioner of the Treasury]]. | ==History== | ||
The note was designed by the [[Baron of Bastanchury]] in his capacity as [[Commissioner of the Treasury]]. There was significant debate about backing the ice marks with some real commodity, such as silver, but this was ultimately rejected as financially infeasible. | |||
The Central Bank has not yet announced the proposed exchange rate for the marks. | |||
==Release== | ==Release== | ||
Although the final number of notes to be printed has not yet been decided, the 20 ice mark notes are anticipated to be released in late 2018 with a printing of around 600 - 1,000 individual banknotes. | |||
[[Category: Economy of Westarctica]] | [[Category: Economy of Westarctica]] | ||
Revision as of 19:32, 29 September 2018
The 20 ice mark note is the first denomination of ice marks to be issued by the Central Bank of Westarctica. As such, it has become the first legal tender paper currency ever created by Westarctica.
History
The note was designed by the Baron of Bastanchury in his capacity as Commissioner of the Treasury. There was significant debate about backing the ice marks with some real commodity, such as silver, but this was ultimately rejected as financially infeasible.
The Central Bank has not yet announced the proposed exchange rate for the marks.
Release
Although the final number of notes to be printed has not yet been decided, the 20 ice mark notes are anticipated to be released in late 2018 with a printing of around 600 - 1,000 individual banknotes.