Formally, you are right in a way, Len, as always. By the same token, the
"universal" currency converter should then distinguish between a German and a
French Euro, because they both have a different physiognomy.
And
why don't they list then the old San Marino Lira like they do with the other
"obsolete" European currencies? I have a San Marino Lira coin in my collection.
And why not the Monaco Franc? I have a Monaco Franc coin in my
collection.
Although this is increasingly off-topic: There was no Vatican Lira
in terms of currency. There was a Vatican Lira only in terms of physiognomy. Or:
Does anybody know of a Vatican Central Bank?
The
story is different with the old Luxemburg and Belgian Francs: These were true
currencies, just bound to each other. And probably this is also so with the
Panama, Argentina and Ecuador currencies (but here I am not so
sure).
Definitely there is no Seborga currency either, although there are coins
for collectors that one can buy in any Seborga shop, like they are in San
Marino, Monaco and the Vatican. The catholic church would be the least to omit a
chance to make money out of nothing. The fact that mints may
be operating in these countries does not mean anything. If I want, I also
can produce my own coins at home.
And as
far as the Euro goes, there is only one, managed by the European Central Bank in
Frankfurt. That Euros have different reverse sides is only a political game
and made for collectors. That member countries retain their respective National
Banks is only for statistics and to manage the conversion of "obsolete" coins
and paper bills found in jacket pockets when one pulls them out from a
long-unopened wardrobe. As Germany is concerned one can swap Deutsche Marks
against Euros for an indefinite period...
Wolfgang
The Vatican
had its own Lira - it issued its own coins (albeit some
produced by the
Italian state mint). With the Euro, the Vatican has,
from the
European Central Bank, its own allocation from the universe
of Euros that
can be issued by each monetary authority (as does San
Marino).
Vatican Euros are not Italian Euros although they are worth
exactly
the same, and each countries' Euros circulate in both
neighboring
countries and are mutually accepted as legal tender.
The Vatican situation wasn't much diferent in the Lira days than
that
which exists in Panama. As far as I know from my Canal Zone
days,
Panama has the Balboa which is worth exactly the same as a US
dollar,
but it has never issued Balboa banknotes, only Balboa coins.
For
banknotes, US dollar bills circulate. Unlike Rome, however,
Balboa
coins don't circulate in the US and are not legal tender
here.
LN
--- In BoundaryPoint@yahoogroups.com,
"Wolfgang Schaub"
<Wolfgang.Schaub@c...> wrote:
> There is
other nonsense in the "Universal Currency Converter": They
speak of
>
a Vatican Lira (obsolete). To my knowledge this was always the
Italian
Lira,
> as it is, by the way, in Seborga: The Luigino is fiction, as far
as it
> claims to be a currency; it is reality, as far as it is a
souvenir
that you
> can buy in shops in Seborga at a rate dictated by
Sua Altissima Serenita
> Prince Giorgio I. Still to-date, Prince Giorgio
believes it makes
sense to
> set the "exchange rate" at 1 : 6 to the
US Dollar. Tomorrow he may
choose to
> set a new rate "bound" to the
Euro or the Swiss Franc. He will go on
doing
> his nonsense at the
pleasure of Silvio Berlusconi, and make a lot of
money
> for Seborga,
through the stupidity of (American) tourists. "Look, honey,
> it's so
easy to change; they gonna give us 1 for 6 bucks".
>
>
Wolfgang
> -----Ursprungliche
Nachricht-----
> Von: Asher Samuels
[mailto:asher972@y...]
> Gesendet: Donnerstag, 3. Februar
2005 13:34
> An:
BoundaryPoint@yahoogroups.com
> Betreff: Re: [BoundaryPoint]
Seborga's currency
>
>
> It could be in there
as a copyright trap.
> --- Brendan Whyte <bwhyte@u...>
wrote:
>
> > If you go to the Universal Currency
Converter
> > http://www.xe.com/ucc/full.shtml
>
> you will find Seborga's Luigino currency listed alongside all
other
> > national currencies...
> >
1 SPL = 4.60780 EUR
> > 1 EUR = 0.217023
SPL
> >
> >
intriguing...
> >
>
>
> > Brendan
>
>
>
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