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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]] | ||