Friday, June 25, 2010
COLOR COINS OF THE GRAND DUCHY OF AVRAM
His Grace, Prince John, (formerly known as John Charlton), The Grand Duke of Avram, Most Honorable Marquis of Martha, the Right Honorable Earl of Enoch, the Viscount Ulom, and possessor of too many other title to mention, got fed up with the Australian banking system. Being a man of noble title, he issued a Royal Charter, creating the Royal Bank of Avram. Naturally the bank needed its own coins and currency. The coins, denominated in Ducals, feature multi-color enameled coat-of-arms. As might be expected, the Australian authorities did not care much for this new bank and its currency so took him to court. After spending millions of dollars on the case, it was decided in Prince John's favor. It seems Australia did not have any law against issueing your own coins using your own currency. Thus far the currency does not seem to have gained much acceptance beyond the confines of the bank, which doubles as a tourist shop in the small town of Sorell in Tasmania, Australia. The attractive, multi-colored coins have a mintage of only about 250 each. The set includes the 1, 3, 7, 15, 30 and 75 Ducals dated 2005
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