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The '''ice mark''' is | [[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 denomination of paper currency distributed by the nation of [[Westarctica]]. | |||
[[Category: | ==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 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 exclusively with American money, and a different name would be help set apart Westarctica's banknotes as unique. Their Lordships, the [[Count of Goldstream]] and the [[Baron of Bastanchury]] were the primary creators of the name and it was swiftly approved by the Grand Duke. | |||
==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. | |||
The first unit of paper currency scheduled for production is the [[20 ice mark note]], due to be released by December 2018. | |||
[[Category: Economy of Westarctica]] | |||