How can I get May Hands on Iraqi dinar?
The hottest investment is sweeping the web today is the purchase of Iraqi Dinar. Buy the actual paper currency out of the country in Iraq, hoping the country will stabilize and currency will revalue.
As of today $ 1 USD = 1,153.55 dinars. Here's the basic idea you purchase 346,065 dinars for a mere $ 284 USD (typical price of a Dinar dealer). Suppose $ 1 USD to 1.49 dinar = – now you've done you a wealth of money with a very small investment.
At Because of the potential has many dinar online shoppers all claim this "investment" is a safe bet. Currently you buy 1,000,000 Iraq (IQD) dinars for $ 1,060 from any of these sites. But there are some dangers of buying them so let's examine the risks:
1) Buy the old dinars with Saddam Hussein portrait. Sorry, but he was hanged for crimes against humanity. These notes are worth anything.
2) To buy fake IQD notes. Although new banknotes have several security features, there was a case in Eastern Europe by a gang trying to sell counterfeit Iraqi money. Likelihood of buying counterfeit dinars is actually very low, since there are at least five security features with ultra violet and color changing ink just to name a few.
3) Decline to sell counterfeit items. There are several selling points of these dealers loves to hijack. The # 1 selling point of the Iraqi Dinar was at 3.22 in the 1980's, therefore, the RV will match the old value. Wrong! Saddam himself arbitrarily linked value $ 3.22. It's basically a ruler of a nation all of a sudden to declare its currency is worth $ 20 to $ 1. It is also important to note that inflation was at the time of 25%, so really, to 3.22 value was much smaller.
4) Buy on eBay. I need not say too much here, but to buy the currency on eBay is risky. If you want dinars buy them from a respected dinar traders.
These are just some of the risks involved in buying dinars from any vendor. Reading the websites of these dinar companies they make sound it's a safe bet that the dinar will revalue "very soon" and you will be rich in no time. Buy dinars is a purely speculative investment, and you must remember what the facts are.
Understand the purchase of dinars you are basically buying a lottery ticket. There is never a guarantee that it will revalue to your advantage.
With that said, I recommend the following sources to buy dinars.
1) Safe Dinar
2) Dinar Trade
These can be found easily online and are very professional. They send the dinars via FedEx COD. So you pay when you receive them. I even bought my dinars in fashion without problems. I would also recommend buying the dinar notes that there has not been circulated in advance. They will arrive to you next day air in a sealed plastic envelope.
Before you rush out to buy Iraqi currency with a hoping to get rich, be sure to understand the risks involved.
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