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 Replies: 12 / Views: 1,260 |
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Valued Member
United States
260 Posts |
I was reading todays newpaper and I saw an article telling about the Liberty dollar. It is not made by the us mint and is a crime if you spend it... It is backed up by actual silver and everything! The coin is almost pure silver. I was wondering if this would be something nice to add to my collection here is the website where you can buy them http://www.libertydollar.org/catalo...oducts_id=45 Please post your comments on this. |
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Bedrock of the Community
United States
14454 Posts |
the $1.00 coin is one twentieth of a half ounce of .999 fine Silver thats about $0.25 worth of silver. I beleive I would pass on this, and especially pass on the higher denominations
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Valued Member
Australia
99 Posts |
I read an article on these quite some time ago. Its amazing how many traders are accepting these as tender despite them not being legal tender. Thanks for the link, I am quite interested in buying one of these.
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Valued Member
 United States
260 Posts |
Its just 2 bucks for a one dollar one... I may buy one just to hold on to.
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Pillar of the Community
United States
751 Posts |
quote:
The 2003 $1 Silver Liberty contains one-twentieth-half ounce of .999 fine Silver.
one-twentieth-half ounce? Who writes like that? What does that mean? Is this a Chinese outfit? Edited by texasmick
09/16/2006 11:01 pm
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Pillar of the Community
Australia
1360 Posts |
One of the categories on their web site is called: "Circulating Currency". Wouldn't it have to be backed by the U.S. Mint in order to be called circulating currency? Have they just called it that even though it is not legal tender?
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Bedrock of the Community
United States
14454 Posts |
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Valued Member
United States
157 Posts |
I think I will pass on the "Liberty Dollar" opportunity.
Hmmm... on second thought, I'm absolutely certain I will not be placing an order anytime soon.
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Pillar of the Community
Australia
1360 Posts |
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Pillar of the Community
United States
1582 Posts |
My take on the Liberty Dollar - nothing more than a novelty item.
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Valued Member
United States
218 Posts |
quote:
Originally posted by coolg35748
Its just 2 bucks for a one dollar one... I may buy one just to hold on to.
why would you want to pay $2 for 25¢ of silver? That just doesn't sound bright to me, especially since there is no collector value. |
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Bedrock of the Community
United States
14454 Posts |
I would rather but a 2 litre bottle of drink with the 2.00 that way you will atleast get some enjoyment out of it
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Pillar of the Community
United States
533 Posts |
Pass on it and lose no sleep doing so. Someone is just trying to make money on all of those who don't ask questions. Buy a silver round if you need some silver and take a look at the threads regarding silver purchases.
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Replies: 12 / Views: 1,260 |
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Posted 09/16/2006 7:50 pm
