1,373
edits
(more) |
(update) |
||
Line 1: | Line 1: | ||
[[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 denomination of [[ice mark]]s to be issued by the [[Central Bank of Westarctica]]. As such, it | 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 is intended to become the first legal tender paper currency ever created by [[Westarctica]]. The Westarctican government anticipates the release of between 600 and 1000 20 ice mark banknotes in late 2018, though as of October, 2018, no bills had been printed or entered circulation. | ||
==History== | ==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 | 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 unfeasible. | ||
The Central Bank has not yet announced the proposed exchange rate for the marks. | The Central Bank has not yet announced the proposed exchange rate for the marks. | ||
==Characteristics== | ==Characteristics== |
edits