Difference between revisions of "Central Bank of Westarctica"

In late 2004, Jorge Fernandez Vidal stumbled upon the Westarctica.com website. He was intrigued by the fledgling nation and applied for citizenship. As part of his citizenship request, he shared his ideas for minting coins with [[Grand Duke Travis]] who at that time was looking for someone to lead a numismatic project to create coins on behalf of Westarctica. Jorge was promptly appointed to the post of [[Minister of the Treasury]] and given full authority to mint coins bearing Westarctica's name and symbols. The Central Bank of Westarctica was then created with Jorge as it's head officer.

The initial arrangement between the Central Bank and the Grand Duke was that Jorge would assume all responsibility and cost associated with minting the coins, and would also reap 100% of the profits from the sale of any coins. The Grand Duke would be given three copies of every coin minted to be deposited in the Royal Collection. Management of the program and design of the coins would remain the sole responsibility of Jorge, while Grand Duke Travis' involvement was limited to some creative input and final approval of the coin designs.