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Liberty Dollar

PostPosted: Thu Apr 28, 2011 7:20 pm
by Tantalar
What do you guys think about someone minting a "Liberty Coin" out of copper which would consist of different denominations maybe 1/4 pound, 1/2 pound, and 1 pound. It would stay very far away from any use of the words "dollar" or "usa" or "under god" or anything else related to US Dollars...but rather simply be printed "Liberty Coin" with the weight on it. Perhaps you could even throw a print of Ron Paul's face on it.

I bet people would absolutely eat that up. I am strongly considering getting into it because at the least it would be fun for sure with a fairly low start up (at least compared to melting down gold or silver!) although you could melt down those with the same idea obviously.

Re: Liberty Dollar

PostPosted: Thu Apr 28, 2011 7:26 pm
by natsb88
Tantalar wrote:What do you guys think about someone minting a "Liberty Coin" out of copper which would consist of different denominations maybe 1/4 pound, 1/2 pound, and 1 pound. It would stay very far away from any use of the words "dollar" or "usa" or "under god" or anything else related to US Dollars...but rather simply be printed "Liberty Coin" with the weight on it. Perhaps you could even throw a print of Ron Paul's face on it.

I bet people would absolutely eat that up. I am strongly considering getting into it because at the least it would be fun for sure with a fairly low start up (at least compared to melting down gold or silver!) although you could melt down those with the same idea obviously.


Minting is significantly more expensive than pouring if you plan on making them yourself.

Re: Liberty Dollar

PostPosted: Thu Apr 28, 2011 8:03 pm
by realfoot
maybe.novelty rounds are already out there.i would prefer it in the form of legal tender.no down side.

Re: Liberty Dollar

PostPosted: Thu Apr 28, 2011 8:07 pm
by AGgressive Metal
You can't call it a coin - only sovereign governments can mint coin (at least according to the federal government)

Re: Liberty Dollar

PostPosted: Fri Apr 29, 2011 3:22 am
by Somnophore
I think you would have to call it a bullion round or similar

Re: Liberty Dollar

PostPosted: Fri Apr 29, 2011 5:36 am
by timmus0382
"Copper Trade Unit" will it be one pound .999 at 16 oz. or one pound .999 at 16.8 oz. This little difference will affect the price. I'm fairly sure cooper prices are measured in 16 oz. pounds and not 12 oz. Troy pounds. Correct me if I'm wrong. I personally don't like something that says .999 and is 5% overweight.

Re: Liberty Dollar

PostPosted: Fri Apr 29, 2011 8:57 am
by ShireSilver
timmus0382 wrote:"Copper Trade Unit" will it be one pound .999 at 16 oz. or one pound .999 at 16.8 oz. This little difference will affect the price. I'm fairly sure cooper prices are measured in 16 oz. pounds and not 12 oz. Troy pounds. Correct me if I'm wrong. I personally don't like something that says .999 and is 5% overweight.


Yep, silver and gold are Troy, copper is avoirdupois. But why not use a more sensible system?

A gram of copper is about one cent at current prices. A pound is way too much to carry. Something like 10 or 20 grams is much more reasonable for a large piece, and something in the 1-5 gram range is better for small change.

Shire Silver is looking into making something like the attached picture. It would be the size of a credit card, so will fit in your wallet. Either pure copper or brass - not decided yet. The card can be broken into the smaller pieces.

Re: Liberty Dollar

PostPosted: Fri Apr 29, 2011 12:21 pm
by anarchir
ShireSilver wrote:
timmus0382 wrote:"Copper Trade Unit" will it be one pound .999 at 16 oz. or one pound .999 at 16.8 oz. This little difference will affect the price. I'm fairly sure cooper prices are measured in 16 oz. pounds and not 12 oz. Troy pounds. Correct me if I'm wrong. I personally don't like something that says .999 and is 5% overweight.


Yep, silver and gold are Troy, copper is avoirdupois. But why not use a more sensible system?

A gram of copper is about one cent at current prices. A pound is way too much to carry. Something like 10 or 20 grams is much more reasonable for a large piece, and something in the 1-5 gram range is better for small change.

Shire Silver is looking into making something like the attached picture. It would be the size of a credit card, so will fit in your wallet. Either pure copper or brass - not decided yet. The card can be broken into the smaller pieces.



Whoah whoah whoah, Shire Silver posts on Realcent.org? Sweet. I dont think you guys quite have it down with your cards that may or may not have silver in them (cant take it out to test without breaking the card, and if the card is gone whats the point?). I think you'll get it down eventually though. The picture above looks sweet.