NEW 30,000 Riel Note Issued for Cambodia in 2021

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NEW 30,000 Riel Note Issued for Cambodia in 2021

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Cambodia News (Phnom Penh): In the celebration of the 30th anniversary of the Paris Peace Agreement (October 23, 1991 to 2021), and the 30th anniversary of the return of His Majesty King Norodom Sihanouk to Cambodia (November 14, 1991 to 2021), the Royal Government of Cambodia has authorized the national bank to issue and launch a new money note of 30,000 Riel nationwide.
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John Bingham
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Re: NEW 30,000 Riel Note Issued

Post by John Bingham »

The first note I've ever seen with the boss on it.
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Re: NEW 30,000 Riel Note Issued

Post by sanjuro »

Then there's this piece of gold shit, limited to 100, evading capital gains tax with the 30,000 Riel mark:
https://www.apmex.com/product/240389/20 ... -tigers-bu

Silver too, limited to 10,000 both from an undisclosed mint which is likely the People's Bank of China, though there are a handful of others in the "mint toy bullion for incompetent shtholes" category.
And to think!--you can buy them in DOGE! Imagine how thick you'd have to be to do that! (unless of course you're liquidating so to speak but pick another coin!)

P.S. I was in Chinatown Chicago yesterday and noticed an investment firm going by HeungSeng and it got me thinking what the glass eye's real name was!
Then you got Hang Seng Index and "Hang" in general (red/lucky i believe).
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Re: NEW 30,000 Riel Note Issued

Post by pissontheroof »

John Bingham wrote: Mon Oct 18, 2021 6:55 pm The first note I've ever seen with the boss on it.
Hidden where ? I can’t find him .

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Re: NEW 30,000 Riel Note Issued

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sanjuro wrote: Mon Oct 18, 2021 7:59 pm Then there's this piece of gold shit, limited to 100, evading capital gains tax with the 30,000 Riel mark:
https://www.apmex.com/product/240389/20 ... -tigers-bu
Why the 30,000 Riel on it? It's 1oz of .999 gold. It's closer to 7million Riel in value.
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Re: NEW 30,000 Riel Note Issued

Post by sanjuro »

hburns wrote: Mon Oct 18, 2021 8:48 pm
sanjuro wrote: Mon Oct 18, 2021 7:59 pm Then there's this piece of gold shit, limited to 100, evading capital gains tax with the 30,000 Riel mark:
https://www.apmex.com/product/240389/20 ... -tigers-bu
Why the 30,000 Riel on it? It's 1oz of .999 gold. It's closer to 7million Riel in value.
It's a common technique to evade taxes, for any country--just slap a number, any number on it. Both values fluctuate--you're right, weight and purity is what matters, along with recognition, as in "the dollar".
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Re: NEW 30,000 Riel Note Issued

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hburns wrote: Mon Oct 18, 2021 8:48 pm
sanjuro wrote: Mon Oct 18, 2021 7:59 pm Then there's this piece of gold shit, limited to 100, evading capital gains tax with the 30,000 Riel mark:
https://www.apmex.com/product/240389/20 ... -tigers-bu
Why the 30,000 Riel on it? It's 1oz of .999 gold. It's closer to 7million Riel in value.
It's a "commemorative" coin made by a foreign private company with "Cambodia" written on it. They are not official coins.
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Re: NEW 30,000 Riel Note Issued

Post by hburns »

John Bingham wrote: Mon Oct 18, 2021 9:25 pm
hburns wrote: Mon Oct 18, 2021 8:48 pm
sanjuro wrote: Mon Oct 18, 2021 7:59 pm Then there's this piece of gold shit, limited to 100, evading capital gains tax with the 30,000 Riel mark:
https://www.apmex.com/product/240389/20 ... -tigers-bu
Why the 30,000 Riel on it? It's 1oz of .999 gold. It's closer to 7million Riel in value.
It's a "commemorative" coin made by a foreign private company with "Cambodia" written on it. They are not official coins.
I didn't realise commemorative coins came with a different value on them. I thought they were just special coins with images of significance on or that the value of the metals used in the coin were less than the value given to the coin. We had a large £5 'silver' coin that was made of cupro nickel.

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Re: NEW 30,000 Riel Note Issued

Post by John Bingham »

I'm not sure they have anything to do with the Cambodian central bank, mint, currency or anything as far as I can see. It's just a gold coin called "Lost Tigers of Cambodia". It's dated 2022. :?
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Re: NEW 30,000 Riel Note Issued

Post by John Bingham »

More of the same type of weird unofficial coin.
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