Quick look into Arcanum of Relica Currency

Update 1:

Planning Stages of the Currency Design:

Fenig: Coins: No further updates as no plans have come into action yet.

Silvamp: Notes:

1 Silvamp - Blue (44mm X 99mm)
2 Silvamp - Red (48mm X 108mm)
3 Silvamp - Yellow (52mm X 117mm)
4 Silvamp - Purple (56mm X 126mm)
6 Silvamp - Green (60mm X 135mm)
12 Silvamp - Orange (64mm X 144mm)

Relis: Notes: No further updates as no plans have come into action yet.

Arcani: Notes: No further updates as no plans have come into action yet.


Notes will be known colloquially as Silver Certificates as they are exactly equal in value to a specific amount of Silver in the national reserve (Sovereign Silver Stash).

are they also made from silver, or is some other method like a deposit(silver storage) used to make it keep the same value or some other method?
especially if they are actually made from silver that can be great, and shiney.

didn't see that update yet, since I had the page open in a tab but not yet reloaded.
so the answer about the deposit/silver stash is already answered, unless some of the coins also actually are still made of silver. if there will be coins.

Coins will not be made of silver due to the very low weight they represent in terms of silver. Also, by making the coins a token of value to silver it means that when they get lost it does not cause a drain on the silver reserve making every other piece of related currency less value due to less silver. 

Coins will be shiny however as they use other metals as well as some very low value coins being made of alternate materials such as clay and wood.

Update 2:
Changes to Denominations:

After attending a talk today, 20th April 2023, at the Bank of England on banknote designs, I have decided to slim down the number of denominations of notes so that a more consistent standard ratio of note and a clearer progression of size and colour can be made resulting in less forgeries and an easier understanding of the series of notes.

I really like the wood and clay coins idea, just the feel of it mostly(the feel it gave when I thought about it).
if you get a serious big market however will you use speciffic means to reduce the chance of people faking it? ofcoure wouldn't be a problem at all early on, but later on it might cause issues if certain people suddenly can just make unlimited amounts for cheap.

perhaps for note protection you could also start experimenting with embeding speciffic materials, for example phosphorescents, wich make it a lot harder to fake since normal printers typically can't use that, and it also is very cool in effects since you can make the money glow in the dark. since your currency is named "Arcanum of Relica" it might be used to give it such a magical effect. just cool if you enter a country and the money named Arcanum actually glows, also makes it more usable in low light conditions since money could just be exposed to a short UV flash and will glow brightly for a while, or just glow slightly for long after normal light exposure. and ocfcource it makes it much harder to fake and still might be rather doable using methods like a stamp or perhaps a real liquid phosphorescent pigment, or something to temporarily widen the openings in the paper or note material, or something multilayering or such.

other materials could also be used, for example you could use materials that make certain points conduct electricity, that way you could also more easily count the money since you can just measure the points, or you could even add some kind of logic in it like a simcard does but way more primitive, for example a encoded method something like a barcode or qr code but using for example resustance or electrical conductivity, etc.

I thought about this and I am really not looking at developing a large market or economy. The coins will have a lot of extra features too as well as specific clay types and percentages of materials within to help them last as well as be analysed and tested if required.

To stop money being forged abroad and being imported or vice versa I am going to introduce a law that makes it illegal to move Arcani except for Collector series across the border. The border will also only be a walking checkpoint except for certain scenarios so all bags can be checked for illegal materials and items. Forgeries as well as illegal goods will still make their way into the nation but hopefully a mix of measures can prevent anything too significant.

Unlike other nations, my notes shall not be printed in the common way on paper. I will be using multi media and composite materials of cotton, paper and plastic as well as sealing each note in lamination to protect against the elements. Each note will have a lot of individual marks and processes completed on it using a number of methods and tools such as specific size hole punches to form transparent windows, uv ink, glow in dark paint on a middle lining (multiple layers of thin material to provide different effects in different lights). I also aim to have each note have flexible LED strips within that can be linked to a small battery to also act as an emergency torch and further help identify each note in teh pitch black due to each note having its own unique colour. 

I have a lot of testing and planning left to do but am hoping to develop one of micronations most advanced and quirky notes that I expect the entire process will take a few months to design and prototype and each note will take about 1 hour to put together. 

I aim for each note to cost under 50p to produce, ideally under 10p to make it a viable process and profitable not just as a national currency but also as a valued collectors item.

I see, be carefull with to strict entry or exit procedures, especially in cases where not needed. in cases where it actually is needed for your country(for example where the people in the country also desire that themselves it can still be doable, but checking everyone could become invasive.

but you could use microantennas or such which receive a speciffic frequency and then use that power to emit another frequency which allows you to easily detect money, might however also make it harder for people to hide it from invaders, but I would look at if it should really be needed to check people seriously at such things, especially since you plan a small economy perhaps some other methods might work better like trust and secrecy from the outsideworld(aka. not advertising to much about it to the outside world in places where not needed or well desired).

for the embedded ledstrips that sounds quite fun/great as well, is a lot more difficult and expensive than glow in the dark however. but there also is electroluminascent paint(essentially paint that glows when electricity is aplied as well as some other materials. even things that act quite much like a led but are just added on in very thin layers like paint or such, that might suit your notes better, if you can find a method that is flexible and not to expensive then it could be very usefull, also would make the money way less bulky, might eventually also make it cheaper. ofcource I don't know how bulky the notes would be allowed to be but I assume it isn't very nice to have them be over a milimeter thick, solid leds also might cause wear since they don't bend and the note might bend, so perhaps some special materials might be great for that instead of using a normal led, you could also possibly design your own paint like that if you have some kind of material that sends out electrons or uv when electricity is on it, and then combine that with a normal phospholrescent paint, but that isn't something I have really done, well unless you want to start looking in using radioactive materials then it actually is something I once tried, to see if radioactivity is enough to charge up the phosphorescent pigment when it is directly coated on top so it would always glow as long as the material below remains radioactive, in my case I only have very slightly radioactive material however so the light was so dim that it very well might just be caused by small exposures to normal light, fluorescent might in some cases be better here since it is cheaper as well and directly is bright while it gets energy, but again I didn't really test any such things properly yet, I know there is Electroluminascent paint, and that works, perhaps there also are some better methods.

under high voltage it becomes a lot more easy however, and perhaps because you work in layers that might make it simpler.

you could also make the notes move, by kind of making some kind of coil like structures inside of them you could make them deform or play sound when electricity is aplied.

I have a few ideas, just need to get supplies to test them all and also want to have a way to carry the notes that fits with the same way my coins are planned to be held too, on a string around your neck.

Update 3: Final Denomination Selections:

After much thought on what denominations make the most logistical sense for my nation I have decided to go with the following Fenig, Silvamp, Relis and Arcani options.

Fenigs:
1/2, 2, 3, 6, 10, 12 and half, 18 and 30.

Silvamp:
1, 3, 5 and 12.

Relis:
1, 3 and 6.

Arcani:
1 and 2 and a half.

All information ascertaining to silver value per denomination remains true.

General Price Information based on figures on 24th April 2023 at 02:00 GMT:
1g Pure Silver = £0.65 = 25F
Tesco Finest half dozen free range eggs = £2.50 = 3.87g Silver = 1S and 9F
Hovis Soft white medium loaf = £1.40 = 2.15g Silver = 53F
Minimum Wage (23 Year Old) = £10.43 = 16.05g Silver = 4S 51F
My Rent = £900 = 1,384.62g Silver = 1A 4R 11S 53F
1 Pangaean Dollar = 10 CAD = £5.93 = 9.12g Silver = 2S 53F


Please feel free to comment below any other prices you would like to see so that on the beginning of each second week I can make a standardised chart that will provide accurate prices and can be pegged to other micronation currencies including the Pangaean Dollar.

that around the neck/necklace thing actually seems quite cool, would solve the bulkyness issue perhaps a money exchange center could be usefull as well, basically to exchange money for a different type, for example if 100 fenigs are equal in value to 1 silvamp that people can exchange 100fenigs to a silvamp, kind of like how in terraria(game) you can directly convert 100copper coins into one silver coin or one silver coin into 100 copper coins.
mostly would make it more easy to carry different amounts with you. I would recommend only allowing exchanges for the same value, or possible a very small fine for the trade center point, just so that people won't on purpose get a lot of the most desired notes or coins to kind of affect their relative trade value, so no bid/ask things, just their real value, and possibly a small fee for the center, small as in they can trade it with eachother themselves as well, but small enough that there is basically no point to buy or sell/ exchange to actual traders.
so exchange as in exchanging Arcanum of relica currency for Arcanum of relica currency so you can carry the notes and coins of the types you desire

also how does the housing work is it basically free basic housing, ground and such(where all remains full property of relica) but just restricted to that, free housing and also possibilities to buy or rent certain extra things. or is all housing and ground done in a system like buying or renting, since if there is some form of housing buying/renting system you could also have price estimates for those, ofcource if there also is a free basic housing system that should also be mentioned if both are there.