Shire Silver

Discussion in 'Bullion Investing' started by Detecto92, Nov 4, 2012.

  1. Detecto92

    Detecto92 Well-Known Member

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  3. JJK78

    JJK78 Member

    never heard of it but interesting... although I don't think I would want my silver attached to that little card, plus that sucker is like double spot, heck of a premium :)
     
  4. rickmp

    rickmp Frequently flatulent.

    5 grams of silver embedded in the card? I'd guess absolutely no resale value.
     
  5. Blaubart

    Blaubart Melt Value = 4.50

    Pure marketing garbage...

    Instaed of saying "Shire Silver Accepted Here", why not just say "Pre-1965 Silver Coins Accepted Here". Or maybe "Any recognizable silver coins accepted here".

    This Shire Silver crud is only good for one person, the one making it and selling it. Everyone else is getting hosed.
     
  6. Ardatirion

    Ardatirion Où est mon poisson

  7. Blissskr

    Blissskr Well-Known Member

    I live in the State where this comes from NH. There is this movement in NH that calls themselves 'Freestaters'. I've seen Shire silver before, and it was created by one of these free-staters. But as someone above me mentioned it just fattens someone elses wallet, they even have a gold version too. Living here in NH I've never seen anyone in the state use it or anywhere that accepts it personally. Barring this festival thing held each year by the free state people http://freestateproject.org/content/porcfest I think it gets used there as the festival includes alot of barter or using junk silver etc instead of FRN. Personally I'd rather just use junk silver myself, no need to worry about whether you have actual silver or the weight is correct. You would have to destroy the Shire card weigh the tiny silver amount and have it assayed or test it to be sure it's silver which defeats the purpose of easy medium of exchange imo unless you just trust whoever is making it.
     
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