
Hello glad to find this web, here is our community currency backed by silver, which will be out later this year, we are about to go to the printer with finals. Tons of details, anti-counterfeit measures and serial numbers. This is a one Troy oz note, they are 5,1,1/2, 1/4 and 1/10 oz notes in this series. See them all here:
http://www.moneyart.biz/cc-news.html as they reach their final stages. We are looking for communities which would like to test them. The notes are 100% round the clock exchangeable for silver bullion at local locations, one ounce note = one ounce of silver, NO fees, No tricks. However at the retailers check out, we feel that there will be a USD conversion price for retail purchases, and this will be slightly above the daily spot price. If spot price is $15, the "exchange value" of 1 Silver Bullion Marq might be $15.90 - $16.20 and that exchange price is set by the local group. So if you walk up to a cash register and have a $60 total bill, you may want to pay with 1 Silver Bullion Marq and the balance in USD. Here is how you determine the daily value of that Silver Bullion Marq, on the back you will see a square QR code

take a picture of that code with any cell phone and you will be lead to a web site,
www.local-silver.net (not up yet) and you can see the exact daily exchange rate. The daily rate will change along with the spot rate but should be some equation of spot + minting costs
Anyone interested in this?
We also love the AOCS silver and looks like they will be minting our bars and ingots.
Mark Herpel
editor@ccmag.net
Skype IM 'digitalcurrency'
http://www.twitter.com/dgcmagazine