That means many people who produce a valued coin with silver or gold would go to jail.I have tons of coins people have produced through the years.
Not if the producer can reasonably claim they were produced as collectibles. That’s what numismatic means and it’s the legal out for coin producers. If on the other hand a coin producer were to represent his coins as an alternative to the dollar he’d better start looking over his shoulder.
Are they really coins, or are they bullion made of precious metal (999.99 pure silver or gold) and in the shape of a coin?
I own silver bullion. These are one ounce pieces with an Indian head on one side and a buffalo on the other but has no stated denomination except for “999.99 pure silver”. They can be traded for the value of the silver but not used as money, per se.