Leicht Denier

The denier (sign:∂; code:BLD) is the official currency of the Barony of Leicht.

Overview

The denier is not a fiat currency, but an intrinsic currency. It is backed by a quantity of silver and is defined as "one-fourth of a gram of an alloy of nine parts silver and one part copper." The Barony does not currently mint any coins or print any banknotes. However, the dime, quarter, and half dollar from pre-1965 United States coinage are made of the correct alloy and are legal tender worth 10∂, 25∂, and 50∂ respectively.

It is possible to spend any silver coins in the Barony, however if they are not legal tender, it is recommended that the coins be assayed or exchanged.

Etymology

Denier is the French word for the denarius an ancient Roman coin.

Denier sign

The symbol ∂, usually written after the numerical amount, is used for the denier.

Coins

The Barony does not currently mint any coins. However, the dime, quarter, and half dollar from pre-1965 United States coinage are made of the correct alloy and are legal tender worth 10∂, 25∂, and 50∂ respectively.

Banknotes

The Barony does not currently print any banknotes. However, there are plans to issue some in 2012.

Value

The denier is not a fiat currency. Instead it is based on the value of silver. The value of one denier is fixed at "one-fourth of a gram of an alloy of nine parts silver and one part copper."

Exchange rates

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• List of micronations by official currency