The E-Sylum:  Volume 6, Number 15, April 13, 2003, Article 3

THE SADDAM DINAR BUBBLE

  From an April 10th article on the Wired News site:
  "In the three weeks since the start of war in Iraq, sellers of
  bank notes have seen a surge in demand from collectors for
  currency containing images of Saddam Hussein.

  On websites of currency dealers and on eBay, merchants
  say prices, particularly for higher-denomination bank notes,
  have increased appreciably even as the actual buying power
  of the dinar continues to decline.

  George Lindgren, who sells bank notes on eBay, calls it the
  Saddam dinar bubble."

  "Over the last three weeks, Lindgren said he has been
  receiving more than 1,000 dinar-related e-mails a day and
  has slept no more than a few hours each night.

  "I have literally spent almost all day bagging and tagging
  these little dictator notes," Lindgren said in an e-mail."

  http://www.wired.com/news/business/0,1367,58402,00.html

  Wayne Homren, Editor

	coinbooks.org Web

The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor 
at this address: whomren@coinlibrary.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum