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[[File:20 ice marks-Sample.jpg|thumb|Early prototype design for the front and back of a 20 ice mark note.]] | [[File:20 ice marks-Sample.jpg|thumb|Early prototype design for the front and back of a 20 ice mark note.]] | ||
The '''ice mark''' is the official | The '''ice mark''' is the official currency for the nation of [[Westarctica]]. The first of denomination, the [[20 ice mark note]], was released in February of 2019, and a [[10 ice mark note]] was released in July 2019. | ||
==History== | ==History== | ||
The ice mark was originally planned to be a paper version of the [[Westarctican Dollar]], which had previously only been produced in the form of [[Coins of Westarctica|metal coinage]]. Considering the great demand among collectors for paper currency, as well as the prestige brought from having high-quality banknotes, [[Grand Duke Travis]] created the office of [[Commissioner of the Treasury]] to manage the design and production process for the new notes. | The ice mark was originally planned to be a paper version of the [[Westarctican Dollar]], which had previously only been produced in the form of [[Coins of Westarctica|metal coinage]]. Considering the great demand among collectors for paper currency, as well as the prestige brought from having high-quality banknotes, [[Grand Duke Travis]] created the office of [[Commissioner of the Treasury]] to manage the design and production process for the new notes. | ||
The name "ice mark" was decided upon through a collaborative process during a meeting of the [[Royal Council]] in August 2018. Most ministers agreed that the "dollar" was a dated term linked | The name "ice mark" was decided upon through a collaborative process during a meeting of the [[Royal Council]] in August 2018. Most ministers agreed that the "dollar" was a dated term linked heavily to American currency, and a different name would be help set apart Westarctica's banknotes as unique. His Lordship, the [[Count of Goldstream]], proposed the name and it was swiftly approved by the council. The [[Baron of Bastanchury]] subsequently created the first note which then quickly passed ducal approval and was printed. | ||
==Printing== | ==Printing== | ||
Printing of Westarctica's ice marks falls under the authority of the [[Central Bank of Westarctica]], which is currently headed by the [[Grand Duke of Westarctica|Grand Duke]] and managed by the [[Commissioner of the Treasury]] on behalf of the Crown. | Printing of Westarctica's ice marks falls under the authority of the [[Central Bank of Westarctica]], which is currently headed by the [[Grand Duke of Westarctica|Grand Duke]] and managed by the [[Commissioner of the Treasury]] on behalf of the Crown. | ||
==Banknote denomination code== | ==Banknote denomination code== | ||
[[File:10IM obv.jpg|350px|thumb|The 10 Ice Mark Note]] | |||
An ice mark note issued by the Central Bank of Westarctica has a number of security features and each note has a unique serial number printed on its front in two places. This serial number is a unique identifier which is composed of four elements which are separated by hyphens. The first number is a four-digit number that indicates the denomination of the note. All four spaces in this number must be occupied: the value itself will be right-aligned, and any unused spaces are filled with the number zero. Thus, a 20 ice mark note always has a complete serial number that begins with '''0020'''. | An ice mark note issued by the Central Bank of Westarctica has a number of security features and each note has a unique serial number printed on its front in two places. This serial number is a unique identifier which is composed of four elements which are separated by hyphens. The first number is a four-digit number that indicates the denomination of the note. All four spaces in this number must be occupied: the value itself will be right-aligned, and any unused spaces are filled with the number zero. Thus, a 20 ice mark note always has a complete serial number that begins with '''0020'''. | ||
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==Series code== | ==Series code== | ||
Following the series year is a final letter block indicating the note’s series code for that series year. This letter (or, potentially, letters, typically A-Z) corresponds to a minor variation for that note within its series year, and may be arbitrarily and non-sequentially chosen within the 26-letter Roman alphabet. All notes that follow the format and appearance of the original series year will have the same letter code(s) in this field; if the Bank of Westarctica decides to issue a different kind of note within the same series year, then that note will bear a different letter(s) here. Only if more than 26 such series letters become necessary for a given series year will the field contain two letters (e.g., “FR” or “AG” or any other two-letter code). There is no upper limit to the length of the series code which a note may bear, so long as each series note is identical in all aspects of its appearance (other than its unique serial number) to other notes in the same series year and can be clearly differentiated from other notes in different series. The series code does not indicate the note’s series year or printing year, though certain series years will only bear certain series codes (which means a series year may sometimes be deduced backwards from an apparent series code). All bills must have a series code, even if the appearance of that note never varies (in which case all such notes issued for that series year would have the same single- or double-letter series code letter). | Following the series year is a final letter block indicating the note’s series code for that series year. This letter (or, potentially, letters, typically A-Z) corresponds to a minor variation for that note within its series year, and may be arbitrarily and non-sequentially chosen within the 26-letter Roman alphabet. | ||
All notes that follow the format and appearance of the original series year will have the same letter code(s) in this field; if the Bank of Westarctica decides to issue a different kind of note within the same series year, then that note will bear a different letter(s) here. Only if more than 26 such series letters become necessary for a given series year will the field contain two letters (e.g., “FR” or “AG” or any other two-letter code). There is no upper limit to the length of the series code which a note may bear, so long as each series note is identical in all aspects of its appearance (other than its unique serial number) to other notes in the same series year and can be clearly differentiated from other notes in different series. | |||
The series code does not indicate the note’s series year or printing year, though certain series years will only bear certain series codes (which means a series year may sometimes be deduced backwards from an apparent series code). All bills must have a series code, even if the appearance of that note never varies (in which case all such notes issued for that series year would have the same single- or double-letter series code letter). | |||
[[Category: Economy of Westarctica]] | [[Category: Economy of Westarctica]] | ||