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cheka.
18th August 2016, 09:51 PM
wow! anyone seen these? i'm skeptical that this is even true..

http://www.breitbart.com/national-security/2016/07/08/report-isis-circulating-golden-dinar-currency-collapse-u-s-dollar/

The Islamic State (ISIS/ISIL) has begun circulating its own currency dubbed the “Golden Dinar,” hoping it will collapse the U.S. dollar, reports The Foreign Desk.

Last year, supporters of the jihadist group, considered the world’s wealthiest terrorist organization, began circulating on social media images of gold coins allegedly minted within ISIS strongholds.

#Syria | First pictures of minted #ISIS coins. pic.twitter.com/k1rClNo2mO

— Zaid Benjamin (@zaidbenjamin) June 23, 2015

The coins are reportedly modeled after the dinar currency of the Caliphate of Uthman printed around 650 AD.

The currency has engravings bearing the words “Islamic State,” notes The Foreign Desk.

Citing reports on jihadi online forums, the news outlet adds, “The coins, currently being released in limited quantity, are to primarily be used by traders in the oil industry in areas under Islamic State control.”

“Activists in Deir ez-Zor, Syria reported oil traders have been ordered to use the new Dinar when purchasing from ISIS-held oil fields,” also reports The Foreign Desk.

The London-based Arabic daily Al-Quds Al-Arabi reportedly notes that the “Golden Dinar” is being circulated to replace the U.S. dollar.

“A German jihadi boasted that even as the U.S. and her allies continue to hound the Islamic State, the group has shown resiliency, rolling out the new currency in past days,” adds The Foreign Desk, citing an online forum.

“Golden Dinars” will “bring about the collapse of the U.S. dollar” and the “demise of the U.S.,” declared the German jihadi.

“The Golden Dinar is reportedly made of 4.25 grams of 21 karat gold, or approximately $163 USD at today’s exchange rate,” notes The Foreign Desk.

According to the images circulated late last month, there are two designs of the golden coins — one with a map of the world engraved, and another with sheaths of wheat, a Koranic reference.

The coins reportedly read, in Arabic, “The Islamic State” and “A caliphate based on the doctrine of the prophet.”

ISIS announced plans for a news currency in November, arguing that the new Islamic State dinar would liberate the Muslim world from the “satanic global economic system.”

The coins represent “a comprehensive project, by the grace of Allah, to mint a currency based on the inherent value of the metals gold and silver,” mentioned a statement allegedly from ISIS’s “treasury department.”

An ISIS currency would protect Muslims from becoming “easy prey in the hands of the Jews and Crusaders,” it added.

The Foreign Desk notes:

In a 2015 video release entitled “Dark Rise of Banknotes and The Return of the Gold Dinar,” the terror group laid out its manifesto for the Gold Dinar in a 55-minute video, envisioning its rise would herald the death of the “oppressive banknote,” bringing the U.S. “to her knees.”

The rationale behind their prediction relies on all global oil sales transactions being paid for with gold instead of dollars.

video at link...

cheka.
18th August 2016, 09:55 PM
http://www.numismaticnews.net/article/isil-launches-circulation-gold-coins

ISIL launches ‘circulation’ gold coins

Posted on August 12, 2016 by NMN

ISIL announced it has recently begun to issue gold coins for circulation, particularly to be used to purchase oil from them.

ISIL announced it has recently begun to issue gold coins for circulation, particularly to be used to purchase oil from them.

By Richard Giedroyc

Mexico tried it and failed during the 1990s. During the early 21st century Bernard von NotHaus tried it and failed (He also got himself arrested!). Now the terrorist organization calling itself ISIL or ISIS thinks they know more about monetary systems than do all the great economics minds of the world. ISIS recently released its gold coins into circulation, insisting their specie coinage will bring the world’s fiat money financial system to its knees.

Early July reports originating in Mosul, Iraq, indicate a gold composition dinar coin issued by the terrorist group has been introduced in a serious attempt to replace the U.S. dollar. Activists in Deir-ez-Zor, Syria, have reported oil traders in ISIL-occupied oil fields are now being forced to purchase oil by using these gold dinars. Both of these reports were substantiated by the London-based Arabic daily newspaper Al-Quds Al-Arabi.

An online forum post by a German jihadi terrorist group was recently translated by The Foreign Desk. According to the translation, the jihadi group is boasting the ISIL group has shown resilience by issuing the gold coins despite the U.S. and its allies “hounding” the terrorists.

The post claims the 1-, 2- and 5-dinar gold coins will “bring about the collapse of the U.S. dollar” and the “demise of the United States.” The rationale of the post is based on the 55-minute 2015 video, “Dark Rise of Bank Notes and The Return of the Gold Dinar,” released by ISIL in which it views bank notes as “oppressive” while claiming the gold coins will bring the United States “to her knees.” The terrorists want to see all oil sales globally paid for in gold rather than in dollars.

A February report indicates ISIL continues to trade in U.S. dollars, paying its fighters’ salaries in dollars as well.

None of the dinar coins were seen in preparation for this article; however, reports suggest the 1 dinar has a weight of 4.25 grams and a purity of 0.875. This puts its value at about $156 at the time this article was being written.

The coins allegedly depict either wheat sheaths or a map of the world, with an Arabic legend reading “The Islamic State” and “A caliphate based on the doctrine of the prophet.” The sheaths are a Koranic reference.

In November 2015, ISIL announced it would issue the dinar coins to liberate the Islamic world from the “satanic global economic system,” adding it would protect followers of Islam from becoming “easy prey in the hands of the Jews and Crusaders.” The coins are issued by what the group calls its “treasury department.”

According to information released Oct. 7, 2015, by the official Turkish news agency Anatolia, six unidentified foreign nationals were arrested for operating a makeshift mint for ISIL. The mint was functional at the time of the police raid. Several sources indicated 56 coins in different denominations were seized, as were 12 coinage dies and other minting equipment. The current coins were allegedly produced within ISIL-held territory, but this hasn’t been confirmed.

In April, Islamic Ideology Council Chairman Maulana Muhammad Khan Sheerani presented a paper to IIC in Pakistan. In the paper Sheerani said, “The current system of economy based on paper currency is not durable because there is nothing concrete in paper currency,” adding, “We must bring back the circulation of gold and silver.”

While Sheerani didn’t openly call for the issuance of gold or silver coins, there have been at least two other relatively recent attempts to bring back specie at the expense of fiat money. In 1993 Mexico released 1992-dated ringed bimetal 10-, 20- and 50-peso nuevos peso coins, each with a 0.925 fine silver center. The issue ceased after 1995 as the coins were hoarded rather than spent.

Royal Hawaiian Mint Company co-founder Bernard von NotHaus was convicted for counterfeiting in 2011 following his organization, National Organization for the Repeal of the Federal Reserve and Internal Revenue Code, releasing silver composition Liberty Dollar tokens meant to be used as money. These tokens likewise failed to circulate.

The likelihood is ISIL can’t produce sufficient coins to trade for oil and that the coins released will likely be hoarded for their intrinsic value.

mamboni
18th August 2016, 09:57 PM
Interesting Captain - pure energy...

Norweger
18th August 2016, 10:29 PM
oy vey look how barbaric it is to not use credit cards or paper money.

cheka.
18th August 2016, 10:31 PM
looking for an ngc-65 (or better) if anyone comes across one

midnight rambler
18th August 2016, 10:36 PM
Really? I'd sooner trust a Chinese struck gold coin long before trusting anything those Satan worshiping goat fuckers make available. Piss on them and their goatfucking god Allah.


looking for an ngc-65 (or better) if anyone comes across one

cheka.
18th August 2016, 10:45 PM
Really? I'd sooner trust a Chinese struck gold coin long before trusting anything those Satan worshiping goat fuckers make available. Piss on them and their goatfucking god Allah.

if coin collectors were political like that....there would be NO coin collections!

btw, my post was in jest -- i dont think they exist

midnight rambler
18th August 2016, 11:02 PM
if coin collectors were political like that....there would be NO coin collections!

btw, my post was in jest -- i dont think they exist

My point was that anything the IS goatfuckers put out as a 'gold' coin probably isn't gold through and through.

cheka.
18th August 2016, 11:17 PM
My point was that anything the IS goatfuckers put out as a 'gold' coin probably isn't gold through and through.

10-4 on that. if by chance, they have minted some gold circulating coins, it would be a historic event. everything else being minted is just bullion...or ceremonial nclt...like eagles, maples, etc..

Santa
18th August 2016, 11:54 PM
How long before they show up on ebay?

cheka.
19th August 2016, 12:10 AM
How long before they show up on ebay?

the day after never?

crimethink
19th August 2016, 12:19 AM
Minted by the Mint of "Israel." Just like the leader of ISIS, Simon Elliot.

Horn
19th August 2016, 12:47 AM
If you buy one of those, I will call Only You a clean muslim.


https://www.youtube.com/watch?v=XnIGsApQiLI

cheka.
20th October 2016, 01:33 PM
cheking in on this --- anyone seen the gold/silver isis coins nyc was screeching about?

Cebu_4_2
20th October 2016, 01:57 PM
Really? I'd sooner trust a Chinese struck gold coin long before trusting anything those Satan worshiping goat fuckers make available. Piss on them and their goatfucking god Allah.


I got one I'll sell you for half price:

http://gold-silver.us/forum/attachment.php?attachmentid=7576&stc=1

http://gold-silver.us/forum/attachment.php?attachmentid=7573&stc=1

ximmy
20th October 2016, 03:55 PM
I got one I'll sell you for half price:





Do you still have that thing?

Horn
20th October 2016, 04:11 PM
honestly, gold spray paint?

is that yours really

Cebu_4_2
20th October 2016, 06:06 PM
Do you still have that thing?
Yes, no one even willing to tell me it's a fake lol and I went to 4 coin shops and 3 collector places.


honestly, gold spray paint?

is that yours really
Not sure if it's spray paint, looks to be plated. I would file a part down and check the thing but i'm not sure where I buried such a valuable coin.