October 15, 2015 – The new currency of the Islamic State was planned to be a blow to Western economy. The coinage was designed not as a traditional fiat currency but as recoverable money, as was common in the 19th century. Near Gaziantep, the Turkish police have now arrested six people carrying minting tools as well as already produced IS coins.
The video footage on this plice operation has been uploaded on YouTube on October 7, 2015. The confiscated objects are clearly recognizable. The material consists of 56 dies for four denominations as well as 12 coining blocks with the accompanying bolt. Struck coins are said to have been found as well, stored in sealed boxes.
Six individuals seem to be behind this, all of which are demonstrably connected with the Islamic State. According to the officer in charge, the anti-terrorist unit of the Gaziantep police has been tipped off, which led to the final removal of the mobile mint.
Recently, we published an article on why the IS currency will only show up in hoard finds anyway.
The original film you will see here.
In 2009, an eight-part lecture was uploaded on YouTube in which Abu Bakr ibn Abi Maryam elaborates on the gold dinar and the future of money. Please find the first part here.