Sep 3, 2011

Alt Markets

from TTAG


More than one way to skin a cat.

Bud’s Gun Shop is now offering silver coins of its own design, complete with the FFL’s url and a trademarked anti-abortion exhortation. Although the non-governmental coins don’t have any “face value” (despite the markings), at least they’re minty fresh. ”Every 2011 Peacemaker Gun Dollar has been minted in Brilliant Uncirculated (BU) condition and contains one half Troy ounce of pure .999 fine silver with a $25 MSRP, measures 32mm and is minted with high relief to exemplify the high ideals of the Second Amendment.” I haven’t experienced high relief in decades. And what’s with the price? Our headline says $26.43. “The rates for the Second Amendment Dollar are based on the price of silver that is constantly changing. In order to provide you with the best possible prices the silver price is automatically updated every 20 minutes while the global silver market is open.” It’s closed now. You’re good to go.

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