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djohnson · Dec 22, 2004, 09:56 PM

Does anyone know about or use these? I saw it on a Science Channel show about money in the US. Here are some links:

http://www.confederatelinux.com/ald/Default.htm
http://www.norfed.org/
http://www.libertydollar.org/html/about.asp

Pretty cool to have an actual Silver backed currency... if it is legit! Any ideas???

Cadaver · Dec 22, 2004, 10:16 PM

Psychonaut · 11:44 PM

Yeah, it's legit, but it's not US currency or legal tender. It's quite the Libertarian venture.

They sell a $10 Liberty Dollar bill, backed by 1oz silver, for $10 USD.
Thing is, the current spot price for silver bullion is about $6.75 USD.

Seems like they're making a nice profit (which is their Objectivist duty), but I sent them an e-mail wondering why their asking price doesn't fluctuate like exchange rates.

Any of you guys who took economics have insight on this?

Originally posted by djohnson:
Pretty cool to have an actual Silver backed currency...

Well, we certainly used to...

djohnson · Dec 23, 2004, 06:57 AM

Originally posted by Psychonaut:
Yeah, it's legit, but it's not US currency or legal tender. It's quite the Libertarian venture.

They sell a $10 Liberty Dollar bill, backed by 1oz silver, for $10 USD.
Thing is, the current spot price for silver bullion is about $6.75 USD.

Seems like they're making a nice profit (which is their Objectivist duty), but I sent them an e-mail wondering why their asking price doesn't fluctuate like exchange rates.

Any of you guys who took economics have insight on this?

Well, we certainly used to...

Yeah I noticed the profit they were making... It would be cool to spend $10 and get $10 in silver though. I guess this could be used as an investment deal, as long as they were worth something in the long run!

Eriamjh · 11:58 AM

Originally posted by djohnson:
Pretty cool to have an actual Silver backed currency... if it is legit! Any ideas??? [/B]

Silver? Pfffft! How about gold?
http://aes.iupui.edu/rwise/banknotes...nson/0822f.jpg
[ALL inline images must be no wider than 480 pixels. --tooki]

djohnson · Dec 23, 2004, 09:11 AM

Nice!

Secret__Police · 11:57 AM

Originally posted by Eriamjh:
Silver? Pfffft! How about gold?
[Don't quote large inline images. --tooki]

What year is that bill??
The oldest bill I have in my collection is a 1934 $100 bill.

residentEvil · Dec 23, 2004, 11:59 AM

Anyone can make/print money in the US as long as someone is willing to except that as payment for the goods they are selling. Obviously, 99.99% of all stores accept the green and coin coming from our government (or credit/checks). It is just the simplicity of the government's solution as to why it has become so common.

It use to be city by city, town by town, everyone had different money. One city wouldn't take another's. There is nothing preventing this from still happening. They have legal rights to do so. However, don't except anyone to do business with you though anymore

You can't though, make/print money and pass it off as the government's (counterfeit), obviously.

gumby5647 · Jan 20, 2006, 12:01 PM

Thought I would bump this....

I came aross the Liberty Dollar website while searching out dollar coins.

I'm kind of half tempted to go down and exchange 10 bucks for a 10 silver piece....just to see what the fuss is about.

anyone ever use them?

production_coordinator · Jan 20, 2006, 01:18 PM

Originally Posted by residentEvil

Anyone can make/print money in the US as long as someone is willing to except that as payment for the goods they are selling. Obviously, 99.99% of all stores accept the green and coin coming from our government (or credit/checks). It is just the simplicity of the government's solution as to why it has become so common.

It use to be city by city, town by town, everyone had different money. One city wouldn't take another's. There is nothing preventing this from still happening. They have legal rights to do so. However, don't except anyone to do business with you though anymore

You can't though, make/print money and pass it off as the government's (counterfeit), obviously.

Some towns in the US still have their own money. It's a great way to keep money IN a town. You trade in your $1 for $1 of "City X" money... and basically, the money never goes away... because it can't.

It's a great idea, but I wonder how it actually works in real life.

production_coordinator · Jan 20, 2006, 01:21 PM

http://www.ithacahours.org/

Leia's Left Bun · Jan 20, 2006, 01:57 PM

Us money is some of the ugliest in the world.

production_coordinator · Jan 20, 2006, 02:03 PM

Originally Posted by Leia's Left Bun

Us money is some of the ugliest in the world.

I find US currency to be one of the more attractive... granted, the idea of having a different color for different amounts, and even different sizes seems interesting.

Leia's Left Bun · 02:33 PM

Originally Posted by production_coordinator

I find US currency to be one of the more attractive...

Are you american? You're probably just used to it. Have you seen much money in other parts of the world?

Kevin · Jan 20, 2006, 02:20 PM

Originally Posted by Leia's Left Bun

Are you american?

Does it matter? Your "I hate America' rant crap is getting old SWG. Grow up.

Dork. · Jan 20, 2006, 02:31 PM

Originally Posted by residentEvil

Anyone can make/print money in the US as long as someone is willing to except that as payment for the goods they are selling. Obviously, 99.99% of all stores accept the green and coin coming from our government (or credit/checks). It is just the simplicity of the government's solution as to why it has become so common.

It use to be city by city, town by town, everyone had different money. One city wouldn't take another's. There is nothing preventing this from still happening. They have legal rights to do so. However, don't except anyone to do business with you though anymore

You can't though, make/print money and pass it off as the government's (counterfeit), obviously.

I can't, but the Mouse can. (Will they buy Pixar by printing more of these?)

Leia's Left Bun · Jan 20, 2006, 02:36 PM

"Dedicated to returning America to value - one dollar at a time"

Who in the name of zombie Jesus came up with that claptrap?

http://www.libertydollar.org/graphic...uster_2005.jpg

I think they would be better off using Monopoly money.

production_coordinator · Jan 20, 2006, 04:14 PM

Originally Posted by Leia's Left Bun

Are you american? You're probably just used to it. Have you seen much money in other parts of the world?

I'm well traveled... and I said the US currency was "of the more" not "the most" attractive. I have collected currencies from all around the world since my youth, and I'm also an amateur print historian...

Also, it's my opinion. Before ASSuming that I obviously like the currency because it's from my native country... and that I've never had the opportunity to see other currencies... consider that people have different OPINIONS regarding design.

olePigeon · Jan 20, 2006, 04:30 PM

I'd have to agree with SWG. I think U.S. Currency is some of the uggliest in the world.

I just found this really nifty webpage:

http://www.kcshop.com/imagegallery/default.htm

production_coordinator · Jan 20, 2006, 04:59 PM

Do do love currencies that have amazing watermarks and unique papers.

turtle777 · Jan 20, 2006, 06:01 PM

Originally Posted by Leia's Left Bun

Us money is some of the ugliest in the world.

Gotta agree with that. I have seen much nicer money in Europe than here...

ghporter · Jan 20, 2006, 06:03 PM

SWF, I like Canadian money a lot. It's well designed and attractive. With that said, there are a lot of Canadians who would look at a banknote they were unfamiliar with and wonder if it was legitimate. That is why U.S. currency is still in the 1930-something design; it signifies continuity with older notes and thus its own legitimacy.

Take a look at the newer bills; they are much more colorful, less stodgy and far better protected against counterfeiting than bills from just ten years ago.

I've seen some money that was, to be blunt, UGLY. And I've seen money that was attractive but tarnished, such as Honduran banknotes-they're nicely designed and have attractive illustrations, but they're all OLD. To add to that mix, when I was in Panama in the late 1980s, the paper currency WAS U.S. banknotes. Their coins were exactly like U.S. coins in size, shape, weight and material, but with their own obverse and reverse designs. It was...'interesting.'

turtle777 · Jan 20, 2006, 06:04 PM

Originally Posted by olePigeon

I just found this really nifty webpage:
http://www.kcshop.com/imagegallery/default.htm

US money is so ugly, it didn't even make it into the gallery

Big Mac · Jan 20, 2006, 06:21 PM

Ugly? Well, I'll give you guys my postal address, and anyone who dislikes the look of American currency can pass theirs on to me. I'll even pay the postal fees.

Originally Posted by production_coordinator

Some towns in the US still have their own money. It's a great way to keep money IN a town. You trade in your $1 for $1 of "City X" money... and basically, the money never goes away... because it can't.

It's a great idea, but I wonder how it actually works in real life.

I'd love to see some of that money, since I have never heard of town exclusive currency, at least not in the modern era. Gotta a link?

ghporter · Jan 20, 2006, 06:35 PM

The stuff production_coordinator is talking about is specie used for barter systems. While it works, there are issues with the value assigned to the specie, managing records of transactions and (yes) paying taxes on barter income mediated through these notes. It's a great idea, but it's still (what, 20 years on?) a bit bleeding edge economically speaking.

olePigeon · Jan 20, 2006, 06:54 PM

If I was filthy rich, I'd mint my own money outta platinum, gold, and silver.

That'd just be fun. Kinda like Uncle Scrooge.

wdlove · Jan 20, 2006, 08:07 PM

Never really cared for the dollar coin. Just too large.

olePigeon · Jan 20, 2006, 09:23 PM

It's amazing how many currencies have Queen Elizabeth II on it.

production_coordinator · Jan 20, 2006, 10:05 PM

Originally Posted by Big Mac

Ugly? Well, I'll give you guys my postal address, and anyone who dislikes the look of American currency can pass theirs on to me. I'll even pay the postal fees.

I'd love to see some of that money, since I have never heard of town exclusive currency, at least not in the modern era. Gotta a link?

http://www.ithacahours.org/

IMHO, not the most attractive money, but it's interesting none the less. I've seen good, I've seen bad.

Leia's Left Bun · Jan 20, 2006, 10:09 PM

Originally Posted by production_coordinator

Do do love currencies that have amazing watermarks and unique papers.

My problem with US money is that it is all the same colour. Stupid stupid stupid.

The fonts are also ugly and it has some really puzzling items on it like a Pyramid with an eye at the top? What the hell does that have to do with the US? Looks like something out of a Scientology book.

I like Canadian money, it has animals and things that have to do with out heritage.

Kevin · Jan 20, 2006, 10:21 PM

SWG wasn't that pyramid thing explained to you before?

And your information is off. They aren't all the same colors anymore.

spatterson · Jan 20, 2006, 10:46 PM

50 note hereThe new US $50 bill is so damn ugly... its horrible

Kevin · Jan 20, 2006, 10:51 PM

I like it. And it's def not the same color.

spatterson · Jan 20, 2006, 10:55 PM

I am really fond the the EURO, its beautiful, and shows how much potential the US Treasury could have if it didn't keep all the old farts around designing the same currency. We need to show off our heritage... kinda of like the state quarters, that was a brilliant idea!

Leia's Left Bun · Jan 20, 2006, 11:08 PM

Originally Posted by spatterson

50 note hereThe new US $50 bill is so damn ugly... its horrible

It looks like the colour of mixing a red item in with your white undies. Gross.

Kevin · Jan 20, 2006, 11:10 PM

What a sick imagination.

Kevin · Jan 20, 2006, 11:13 PM

And this is good?

No. What is with the clown pant checkers on the left?

Leia's Left Bun · Jan 20, 2006, 11:53 PM

Here is a Canadian $50 for comparison. The only other red bill was the $2 bill but they replaced it with a coin in 95 I believe. Smart move, I hated $1 and $2 bills as they cost a ton of tax dollars to replace so often. They have some really cool anti-counterfeit measures in them.

Famous Five (legal case where women became "persons")

You can see the rest here if you scroll down a bit.
http://www.vancouver.hm/money.html

spatterson · Jan 20, 2006, 11:55 PM

That is a beautiful bill!

Leia's Left Bun · Jan 21, 2006, 12:00 AM

Look at the second image of the $50. Under the letter "p" is a funny looking wiggly line. At first I was like what the hell is that. When I realised that when I held it to a light some other lines on the oposite side showed through making the wiggles turn into a "50". Obviously they did this so if you can or copy it you can't easily get around it. Pretty nifty. This is on all the bills.

spatterson · Jan 21, 2006, 12:17 AM

I mean seriously, why hasn't the US treasury decided to part with the old and design some good sutff.... oh never mind *cough* its the government

Leia's Left Bun · Jan 21, 2006, 12:21 AM

Originally Posted by spatterson

50 note hereThe new US $50 bill is so damn ugly... its horrible

I still can't get over how dated that font is. For people with poor vision it is hard to even read the "50" in the corner as it is so curly and squished. The bottom right 50 even looks like a 30. The horrible colour also has no excuse.

Leia's Left Bun · Jan 21, 2006, 12:23 AM

Originally Posted by spatterson

I mean seriously, why hasn't the US treasury decided to part with the old and design some good sutff.... oh never mind *cough* its the government

Because no matter what they spew out the "USA AOK" crowd will say they like it.

Spliffdaddy · Jan 21, 2006, 01:06 AM

Why does Canadian currency look like USDA food coupons?

shunt · Jan 21, 2006, 01:07 AM

The rat have his own money too for skeeball and prizes...

quiz, who is the human guy...?

Leia's Left Bun · Jan 21, 2006, 01:16 AM

Originally Posted by Spliffdaddy

Why does Canadian currency look like USDA food coupons?

For the same reason American money is the ugliest in the world.

Spliffdaddy · Jan 21, 2006, 01:17 AM

Well at least our money is worth something.

(low blow)

Leia's Left Bun · Jan 21, 2006, 01:19 AM

Originally Posted by Spliffdaddy

Well at least our money is worth something.

(low blow)

Not since you re-elected Bush. Took a nice dive as Canadian went up

demograph68 · Jan 21, 2006, 08:00 AM

To anyone that has currency that they think is ugly, please give it to me.

Kevin · Jan 21, 2006, 08:30 AM

Originally Posted by Leia's Left Bun

Here is a Canadian $50 for comparison. The only other red bill was the $2 bill but they replaced it with a coin in 95 I believe. Smart move, I hated $1 and $2 bills as they cost a ton of tax dollars to replace so often. They have some really cool anti-counterfeit measures in them.

That looks very "Big Brother" like.