Seward Sal
Currency Design
Description: Develop Coinage, Bank Notes, Name, and Symbol for a specific city/ community located in the US.
Chosen city: Seward, Alaska
Name of Currency: Seward Sal
Coin $'s: 10, 25, 50
Bank Note $'s: 20, 50, 70, 80
From USA TODAY: "A small but growing number of cash-strapped communities are printing their own money.
Borrowing from a Depression-era idea, they are aiming to help consumers make ends meet and support struggling local businesses.
The systems generally work like this: Businesses and individuals form a network to print currency. Shoppers buy it at a discount • say, 95 cents for $1 value • and spend the full value at stores that accept the currency."
Currency is only accepted within its community.
Currency Design
Description: Develop Coinage, Bank Notes, Name, and Symbol for a specific city/ community located in the US.
Chosen city: Seward, Alaska
Name of Currency: Seward Sal
Coin $'s: 10, 25, 50
Bank Note $'s: 20, 50, 70, 80
From USA TODAY: "A small but growing number of cash-strapped communities are printing their own money.
Borrowing from a Depression-era idea, they are aiming to help consumers make ends meet and support struggling local businesses.
The systems generally work like this: Businesses and individuals form a network to print currency. Shoppers buy it at a discount • say, 95 cents for $1 value • and spend the full value at stores that accept the currency."
Currency is only accepted within its community.
