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In 1984 the Central Bank of Belize issued a collection of 36 notes stamped on paper that was coated in gold foil to commemorate the 1st anniversary of independence. Despite having the words "legal tender in Belize" printed on the reverse, these notes are NOT legal tender, they cannot be exchanged for regular notes and it is technically illegal to export the currency.
Due to the export restrictions, any valuation would be speculative, however, the standard catalog of World Paper Money estimates each note to be worth about $10, although I have seen uncirculated examples of notes selling for $30-$70.
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∙ 13y ago
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What is the value of a twenty dollar Belize gold bank note?
10 dollars
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it started from barter system where the both of the parties are simply just exchanging goods or services to each other. then the gold or silver era where in a particular goods or services, it was payed by gold. but the negative side of it is knowing that gold is very expensive, it's hardly difficult to purchase a small amout of item in exchange with gold. next, adapting the concept of gold system is the bank notes. where in a bank, the gold was deposited and bank notes was issued. it serves as your money depending on your gold deposited in your account and finally the birth of money. In a bill where you can purchase an exact amout of items with the application of bank regulations. -mikel
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me
What was the purpose of the bank of the US?
to hold the money that the government collected in taxesto help the government carry out its powers to tax, borrow money in the public interest, and regulate interstate and foreign commerceto issue representative money in the form of bank notes, which were backed by gold and silverto ensure that state-chartered banks held sufficient gold and silver to exchange for bank notes should the demand arise.
What was the first us bank for?
to hold the money that the government collected in taxesto help the government carry out its powers to tax, borrow money in the public interest, and regulate interstate and foreign commerceto issue representative money in the form of bank notes, which were backed by gold and silverto ensure that state-chartered banks held sufficient gold and silver to exchange for bank notes should the demand arise.
