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Old 12-15-2008, 04:05 AM  
cgu
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Join Date: Jan 2004
Posts: 188
I bought a few a few years ago. Bought into the history of investors making millions off German Marks after the war & Kuwait & Afghanistan Dinars, etc. You want to make sure you're getting real Dinars for one. I don't think any bank in america trades them so definitely that rumor about Chase is BS. I think you'd have to go to Iraq and buy gold/diamonds etc to switch them back into something you can exchange to US$.

Some bad things can happen.
#1. The new Iraqi government could invalidate the old currency
#2. There could never be a government in Iraq or a central bank
#3. The economy will remain in shambles there for as long as you're alive
#4. We'll switch to electric cars by the time they get their central bank up to speed killing their GDP and keeping your Dinar's worthless
#5. You'll end up buying counterfeit Dinars

If you can afford to buy expensive souvenirs drop $500-1000 on Dinars as a high risk almost not even classifiable as an investment. Maybe in 15 years they'll be worth real $. You're probably better off buying some Japanese Yen or investing in our own beat down stock market.

PS they make great Xmas gifts for employees/friends, etc
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