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Iraqi Dinar, Currency Investing?
GPTmoney
post Nov 1 2005, 04:50 PM
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Ok, I know more now thanx to google...lol. biggrin.gif



Anyways, the cheapest I now found is 5,000 iraqi dinar for $30.00. I think I can afford that and I will not gain much with that in the future, but I will also not lose much if it all these people are wrong about this whole thing. wink.gif

This post has been edited by GPTmoney: Nov 1 2005, 05:12 PM


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pedash
post Nov 1 2005, 04:51 PM
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Maybe I was wrong... biggrin.gif
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quartermoon
post Nov 1 2005, 04:52 PM
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This may help.

http://216.227.213.22/~money8/index.php?showtopic=14269



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GPTmoney
post Nov 1 2005, 04:53 PM
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QUOTE(pedash @ Nov 1 2005, 07:49 PM)
Maybe the information he will give is :

"Do just like I am doing right now, tell the world that you have some info how a Iraqi dinar can make you a millionaire, sell the info for $25"

A lot of people will buy the info and you will become a millionaire

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[right][snapback]534177[/snapback][/right]



Ha Ha. I should!! I will be the next Rich Jerk...lol. Just Kidding!! biggrin.gif


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GPTmoney
post Nov 1 2005, 04:55 PM
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QUOTE(quartermoon @ Nov 1 2005, 07:52 PM)
This may help.

http://216.227.213.22/~money8/index.php?showtopic=14269
[right][snapback]534187[/snapback][/right]



Thanx. blush.gif


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GPTmoney
post Nov 1 2005, 05:07 PM
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I posted this elsewhere, but some guy is making alright $$$ selling info about purchasing iraqi dinars. I almost paid the $25 to get the info as I read his feedback and everyone was OOOOing and Ahhhhhing about it. Glad I found the info myself at MMG. smile.gif


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dswide
post Nov 2 2005, 07:12 AM
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I think investing in Iraq dinar's is a good risk to take, I have over a million myself now. But remember there is a high risk and don't use your bill money for this. And you will need patience, this is not going to happen over night if it even does. I have a good feeling about it regardless. The worst thing that could happen is that I will have some play money.


http://www.gidassociates.com/ For a good price on dinar's
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GPTmoney
post Nov 2 2005, 08:43 AM
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How much did you pay to get the 1 million?



Yes, I have decided to start investing too. Will start small and keep getting more as I can with play money. smile.gif

Is paying $10(includes shipping) for 10,000 dinar a good deal or not really?

Thanx.

This post has been edited by GPTmoney: Nov 2 2005, 08:51 AM


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mckayla
post Nov 2 2005, 01:28 PM
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Is there a difference in value to circulated and uncirculated iraqi dinar? And where is the best place to purchase? I see that they are selling on E-bay, but i'm leary of purchasing there due to not knowing if the currency is authentic or counterfeit. Any advise would be much appreciated. I talked to a local investor and he told me that if he was my age (young) and could afford the risk, then he would definitely invest in the dinar. I'm just trying to research before making any decisions.

Thank you again for any help you can offer.

McKayla


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cyberpoper
post Nov 2 2005, 01:52 PM
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intersting concept. hmm..... never heard such a thing b4? did u try out?
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MacroMoney4Me
post Nov 2 2005, 03:03 PM
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QUOTE(GPTmoney @ Nov 2 2005, 09:43 AM)
How much did you pay to get the 1 million?
Yes, I have decided to start investing too. Will start small and keep getting more as I can with play money. smile.gif

Is paying $10(includes shipping) for 10,000 dinar a good deal or not really?

Thanx.
[right][snapback]535601[/snapback][/right]

I am guessing from the link he provided, he paid $780 + shipping for 1 million dinar.

The average price for dinar is $1 per 1000. So $10 for 10,000 is about average. And as with anything, the more you buy the more you save.
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MacroMoney4Me
post Nov 2 2005, 03:07 PM
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QUOTE(mckayla @ Nov 2 2005, 02:28 PM)
Is there a difference in value to circulated and uncirculated iraqi dinar? And where is the best place to purchase? I see that they are selling on E-bay, but i'm leary of purchasing there due to not knowing if the currency is authentic or counterfeit. Any advise would be much appreciated. I talked to a local investor and he told me that if he was my age (young) and could afford the risk, then he would definitely invest in the dinar. I'm just trying to research before making any decisions.

Thank you again for any help you can offer.

McKayla
[right][snapback]535999[/snapback][/right]

I was wondering the same thing. I emailed a company that is selling dinar asking if it was uncirculated, they told me to put it in the memo of the e-gold payment requesting uncirculated bills and they would try to accomplish that. I am also very young, and I purchased 250,000 dinar. Hopefully in 10 years or so it is at about $1:1ID, that would make a good down payment on a house by the time I am 30 biggrin.gif

I am planning on buying a lot more once the money comes in.
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dswide
post Nov 2 2005, 08:18 PM
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I got most off my dinar's threw e-bay, I got a little here and there. No problem's except one seller who did not send me my dinar's, it's in dispute now, I should get most of my money back.
If you purchase dinar's make sure you purchase the new bill's only, 2003 and up,learn what the bill's look like on both sides and know the security features on the bill's. They got great counterfit protection. I guess I'am saying do some research before you jump in.
If you do use e-bay to purchase your dinar's, just check how long they have been a member and there feedback rating, It's all there to see in front of you. On the one I had trouble with he was a new seller and little feedback. I took a chance.
You can get some decent prices on e-bay. Try to get your dinar's in great condition so read the item description if you use e-bay, don't buy damaged or marked on dinar's. Research before you jump into this, then go for it.
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GPTmoney
post Nov 2 2005, 08:33 PM
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I just bought my first dinar. Should be arriving in the mail soon. smile.gif


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mckayla
post Nov 2 2005, 08:44 PM
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QUOTE(dswide @ Nov 2 2005, 11:18 PM)
I got most off my dinar's threw e-bay, I got a little here and there. No problem's except one seller who did not send me my dinar's, it's in dispute now, I should get most of my money back.
If you purchase dinar's make sure you purchase the new bill's only, 2003 and up,learn what the bill's look like on both sides and know the security features on the bill's. They got great counterfit protection. I guess I'am saying do some research before you jump in.
If you do use e-bay to purchase your dinar's, just check how long they have been a member and there feedback rating, It's all there to see in front of you. On the one I had trouble with he was a new seller and little feedback. I took a chance.
You can get some decent prices on e-bay. Try to get your dinar's in great condition so read the item description if you use e-bay, don't buy damaged or marked on dinar's. Research before you jump into this, then go for it.
[right][snapback]536606[/snapback][/right]



Thank you for the advise. Still researching. Trying to figure out the best way to go. Looks good though. I figure if I start purchasing some here and a little there, it may pay off in a few years. smile.gif

I also read where smaller notes may be better, due to less chance of being phased out. Has anyone else heard anything along these lines?

McKayla


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