So, the terrorist group and all-around bunch of b,.,. ISIS/ISIL/DAESH/whatever now has announced plans to introduce physical coins made of copper, gold, and silver, and to re-instate a gold standard in their occupied territories.
From what I gather, these guys aren't so good with the technology of the infidel, so I have personal doubts that they'll ever get around to it (the fake "coin die" image you see in the linked article is obviously photoshopped, especially because the design on the die is not reversed - so this die would strike backwards coins for a backwards "nation"). If they are released, I expect a Kew Gardens-like massive price increase as non-collectors try to get some (they won't be easy to export!) because of the huge news coverage this proposal is receiving, followed by a slide into obscurity as (with any luck) ISIS is wiped off the map. So, do you think these are of any interest to collectors, or should they be shunned because they're obviously funding the worst kind of terror?
Yes, this medieval style terrorist group won't be recognised as a country so these are fantasy pieces now and ever. I'm okay with coins of so called evil nations of the past but won't give any more interest for these than reading and commenting related news.
Unfortunately coining is a formal method of declaring independance (and has been all through the history); thus the political implications here is more important than the coins themselves and that must be the reason why they are doing it. So if they manage to mint these and they start circulating in the territories IS controls, it will become a circulation coinage regardless of any nation recognizing this self called independent state.
Syria, Iraq, Jordan, Saudi Arabia, Lebanon and the other smaller Arab states were all artificially created after the WWI in ex Ottoman Empire territory by the allies. Add onto that the creation of Israel in 1949 which by the way was recognized by Turkey immediately.
Many here feel this close to problem areas as this shifting of borders and sect wars causing it is in fact long overdue. Artificial states they were to start with many ruled by iron fists of strong leaders and military/police backing and when those leaders diasappear like Saddam, they leave behind a vacuum that gets filled with more radical groups or strong ethnic groups that want to create their own nations. And unless outside intervention comes, this will definately lead to a new Sunni nation, a new Shiate nation and a new Kurd nation in ex Iraq and possibly Syria. I am afraid the division will not stop there, but continue on wrecking many more existing Arab countries into further turmoil.
Returning back to coins, I feel we shall see quite a number of new ones coming out of the middle east.
Let us see when the first piece is added to Numista and into World Coins of Krause:)
Numismatically - and my post limits to that -
I find these coins amazingly modern, implication of simplicity and clarity in their design, purity in execution. Lovely.
The 5 Dinar piece, I guess would easily be shortlisted in any design competition of the 21st century, just like Adolf Hitler was named the "Man of the Year" in 1938 by "TIME magazine" (acknowledged US magazine in case you wouldn't know)
Whether they go to circulation and become a piece of history is a question of time, really.
Too early to judge.
Whatever people have been thinking on new issues of the 1936 5 Mark: https://en.numista.com/catalogue/pieces5218.html ... With the swastika on them, it was celebrated.
Too early to judge.
So let us see this retrospectively in about 10 years, whether these are fantasy coins or very valid circulation coins. Simply:
Too early to judge.
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I'm not an expert in any kind of coins, but I reckon I'm good at research and will do my best to help. Feel free to tell me my identifications/valuations/gradings are wrong. It's the only way I'll learn.
Quote: BizzoDoesCould anyone translate the writing on the coins?
On the upper part it is: Islamic State
In the middle: Denomination (10/20 Fils; 1/5/10 Dirham; 1/5 Dinar)
the weight of the coins
lower part: something about the caliphate
On the other side:
Al-Aqsa Mosque (10 Dirham)
White Minaret (5 Dirham)
I'm not orange and also in other things I'm not a Donald at all. DonChori like Don Felipe or Doña María, por favor.
I find it unlikely they're real, that seller seems to be selling a lot of replica coins, just like the ones you can get from Chinese wholesalers like alibaba.
It looks like they're making other denominations too: http://www.coinbooks.org/club_nbs_esylum_v18n01.html#article26
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I'm not an expert in any kind of coins, but I reckon I'm good at research and will do my best to help. Feel free to tell me my identifications/valuations/gradings are wrong. It's the only way I'll learn.
I agree, it's just a rumour now, but someone in China has decided to get in there first, making and selling replicas. Supply and demand I reckon.
But the problem is, these coins have been so over-hyped, once they actually get minted (if these are indeed fakes), how will anyone know they're getting the right thing?
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I'm not an expert in any kind of coins, but I reckon I'm good at research and will do my best to help. Feel free to tell me my identifications/valuations/gradings are wrong. It's the only way I'll learn.
Once they are destroyed I would like to get my hands on at least one of them for historical purposes. They cannot be recognized as a State at all, no matter if they try to reform themselves as some other terrorist groups had done to try enter the political scene without admitting their murderous past; like... (not gonna mention any cuz it will sure get modded).
So once they are exterminated from the scene I'd love to get at least a copper one, but the thing is, many will be fantasy coinage, and even the real ones will be copied a lot because there won't be a government to make a claim of them being counterfeits.
Numista referee for the "Viceroyalty of the New Spain" (most of it).
History through coins.
Eli V
Quote: BizzoDoesI agree, it's just a rumour now, but someone in China has decided to get in there first, making and selling replicas. Supply and demand I reckon.
But the problem is, these coins have been so over-hyped, once they actually get minted (if these are indeed fakes), how will anyone know they're getting the right thing?
but if isis never made them, then they are technically not fake...
Quote: eitan190but if isis never made them, then they are technically not fake...
Good point.
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I'm not an expert in any kind of coins, but I reckon I'm good at research and will do my best to help. Feel free to tell me my identifications/valuations/gradings are wrong. It's the only way I'll learn.
Well, it looks like they caught some of the people associated with the rouge state making these coins in Gaziantep, Turkey the other day. Six people arrested and a bunch of coins, materials and dies confiscated.