The E-Sylum:  Volume 8, Number 15, April 10, 2005, Article 16

NONEY CURRENCY

Michael J Savinelli writes: "I recently heard a story on NPR
about "Noney currency". The concept seems interesting,
especially since our current currency is not backed by any
particular asset. Here is an excerpt from the Noney website:

"Noney is a new currency, with each note being a hand-drawn,
hand-printed and hand-signed piece of art. Each note can also
be traded for things. Like all money, Noney is for people to
circulate. The result is a combination of public art, performance
art and printmaking. Obadiah Eelcut draws prints and issues
Noney. In 2003, Noney entered worldwide circulation
through a series of release events in Providence, Rhode Island."

"While Noney notes have the same basic dimension, look and
feel of government-issued money, they don't resemble any
other currency. Noney is a new design. Ten different faces
show people of Rhode Island with their favorite bird and
favorite vegetable. These people entered a contest to appear
on Noney, and represent a variety of lives and professions.
Among them are a painter, a community advocate, a librarian,
a photographer, a waiter and musicians."

"Each Noney note has the same denomination: zero. This
doesn't mean each note has no value... just relative value.
There's no fixed exchange rate or location of operation.
Noney's worth as both art and currency is something to
negotiate through each individual transaction - anywhere."

More information on Noney can be found at: More INfo "

  Wayne Homren, Editor

	coinbooks.org Web

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