Their problem was the word “dollar.”
Just call them, “Silver World Trade Units” or such, as I have on many of my 1oz “silver rounds.”
To PM buyers and investors, what matters is the, “One troy ounce .999 fine silver.”
But put “dollar” anywhere on the private coin, and you’re just ASKING to get smacked in the face by the fed goons.
toy companies are in trouble. lol
There is more than one country in this world that calls its currency ‘dollars’. The U.S. is falsely claiming that they alone own the rights to using that term.
Is it OK to put $5-$10 or $20 dollars on Monopoly money? It says dollars on them, but we know they are not govt authorized because they are different shapes and colors. It is a stupid judge, a stupid system and a corrupt one that penalizes someone for giving something of worth, for what another considers a fair trade.
It’s like “Dollar” is their trademark. Just pick your own name, and you’ll be fine.
So will the Federal goons go beat up on Canada because they dare to call their money ‘dollars’? I don’t recall the Treasury having a trademark on the word ‘dollar’.
I disagree. I think the problem is they are “bulk” precious metal. FDR confiscated gold back in 1933, but excepted numismatic coins (US gold coins)issued in 1933 or earlier.
My acquisitions are numismatic gold and silver coins 100 years old. I still need to get rid of a bar of silver before the end of the year.
http://abcnews.go.com/Business/gold-coin-dealers-decry-tax-law/story?id=11211611