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Free Talk Live => Photoshops => Topic started by: Low-Eight on April 19, 2009, 11:52:50 PM

Title: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 19, 2009, 11:52:50 PM
So, if there was a new hampshire currency, what would you make it look like?  Here's my contribution, it's not very high quality
(http://img18.imageshack.us/img18/3151/nhcec1g.jpg)

Edit: Mis-Spelled Hampshire in title
Title: Re: The New Hamshire Currency Exchange Company
Post by: Ecolitan on April 19, 2009, 11:59:30 PM
Who's that ugly woman?  I'd avoid the company based on that alone.


And is 1 gram of gold so cumbersome it needs to be substituted w/ paper for daily transactions?  The nice thing about gold is it's no problem to carry several thousand dollars worth in your pocket.

Also, I'd get rid of that part that says it's meant to be used in place of the dollar.  Does the issuing company really give a damn what it's used for?  It might be incriminating, if not now then soon enough.
Title: Re: The New Hamshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 12:07:42 AM
Who's that ugly woman?  I'd avoid the company based on that alone.


And is 1 gram of gold so cumbersome it needs to be substituted w/ paper for daily transactions?  The nice thing about gold is it's no problem to carry several thousand dollars worth in your pocket.

Also, I'd get rid of that part that says it's meant to be used in place of the dollar.  Does the issuing company really give a damn what it's used for?  It might be incriminating, if not now then soon enough.

The woman was Ayn Rand, and the one gram was just my version of a pun (1g of gold= .02cents)

As far as the disclaimer is concerned, have you heard what happened to the liberty dollar?
Title: Re: The New Hamshire Currency Exchange Company
Post by: Bill Brasky on April 20, 2009, 12:09:31 AM

So, if I buy 28 gram-notes, you'll exchange it for one ounce of gold? 
Title: Re: The New Hamshire Currency Exchange Company
Post by: Ecolitan on April 20, 2009, 12:11:52 AM
I know who she is. 

the $.02 thing is very witty.

I'm aware of the liberty dollar.  That's why I wouldn't mention it's intended to replace the dollar.
Title: Re: The New Hamshire Currency Exchange Company
Post by: Alex Libman on April 20, 2009, 12:18:18 AM
Ayn Rand used the U.S. dollar sign as her personal symbol...  Ironygasm!

Why not put several dead intellectuals on there, including Murray Rothbard, Ludwig von Mises, etc.  Or maybe some living ones will give their permission, like David D. Friedman, Lew Rockwell, etc.

Otherwise - me like.

Bureaucrats have bad reading comprehension skills, perhaps you should underline the NOT in "NOT A U.S. DOLLAR"...  :roll:

And why make it green(ish)?  Why not black text on gold-colored background?
Title: Re: The New Hamshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 12:19:47 AM
One more note, the Circle is the Alchemical symbol for gold.
Title: Re: The New Hamshire Currency Exchange Company
Post by: Bill Brasky on April 20, 2009, 12:24:51 AM

Word on the street is, right now the smart money is shorting gold. 
Title: Re: The New Hamshire Currency Exchange Company
Post by: Diogenes The Cynic on April 20, 2009, 12:26:06 AM
You know, its a good idea. Gold is so valuable per ounce that its difficult to make transactions without a smaller increment to buy and sell in. Unless you plan to one day pay your mortgage with a bar of gold, a lighter, and a ceramic bowl.
Title: Re: The New Hamshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 12:28:11 AM

Word on the street is, right now the smart money is shorting gold. 

That's because the big investors get out of gold investment and put that money back into the stock market when the street heats up.
Title: Re: The New Hamshire Currency Exchange Company
Post by: Alex Libman on April 20, 2009, 12:30:06 AM
Word on the street is, right now the smart money is shorting gold.

Yeah, that's why it's better to use a whole basket of tangible commodities, and make it redeemable in your choice of several of them.
Title: Re: The New Hamshire Currency Exchange Company
Post by: Bill Brasky on April 20, 2009, 12:36:32 AM

Exactly. 
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 01:03:35 AM
Silver Note:

(http://img412.imageshack.us/img412/361/silvernote.jpg)
Title: Re: The New Hampshire Currency Exchange Company
Post by: Alex Libman on April 20, 2009, 01:05:50 AM
10 kg of silver - isn't that like $4,200 currently?  :shock:
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 01:09:22 AM
these are just proof of concepts :) 
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 03:50:49 PM
(http://img158.imageshack.us/img158/8886/1kgsilver.jpg)(http://img135.imageshack.us/img135/864/1kgfront.jpg)
Title: Re: The New Hamshire Currency Exchange Company
Post by: Richard Garner on April 20, 2009, 03:57:21 PM
Who's that ugly woman?  I'd avoid the company based on that alone.


And is 1 gram of gold so cumbersome it needs to be substituted w/ paper for daily transactions?  The nice thing about gold is it's no problem to carry several thousand dollars worth in your pocket.

I'd imagine that there should be notes for much smaller quantities of gold. I mean, how can somebody give change for a gram of gold, say, I I wanted to buy a pack of chips with it?
Title: Re: The New Hamshire Currency Exchange Company
Post by: Ecolitan on April 20, 2009, 04:09:31 PM
Who's that ugly woman?  I'd avoid the company based on that alone.


And is 1 gram of gold so cumbersome it needs to be substituted w/ paper for daily transactions?  The nice thing about gold is it's no problem to carry several thousand dollars worth in your pocket.

I'd imagine that there should be notes for much smaller quantities of gold. I mean, how can somebody give change for a gram of gold, say, I I wanted to buy a pack of chips with it?

You might have noticed he said 1 gram of gold = $.02  There's no need to make change for that.  Original pennies had far more copper than $.01 in today's money but no one complained about making change.  Copper and silver and nickel etc. should be satisfactory for purchasing your pack of chips. 
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 04:19:53 PM
Actually, I was wrong, gold is worth much more than that.  just me and my faulty math XD

Here is a new chart showing the correct numbers
http://spreadsheets.google.com/pub?key=pvMwwWw98ERoWhIwMhkK0Ww (http://spreadsheets.google.com/pub?key=pvMwwWw98ERoWhIwMhkK0Ww)
Title: Re: The New Hampshire Currency Exchange Company
Post by: Ecolitan on April 20, 2009, 04:23:59 PM
I thought so... still.  nickel and copper and tungsten are fine for small purchases.  Maybe in libertopia I'd be down for paper gold but not today, unless the company promises to defend my gold from ALL thieves.  I'd want to own a few notes just to be part of that but it still wouldn't be good for everyday use, that kind of security is too expensive.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 04:30:51 PM
I thought so... still.  nickel and copper and tungsten are fine for small purchases.  Maybe in libertopia I'd be down for paper gold but not today, unless the company promises to defend my gold from ALL thieves.  I'd want to own a few notes just to be part of that but it still wouldn't be good for everyday use, that kind of security is too expensive.

The only theives that I'd be worried about is the government.

Unlike the liberty dollar, This company should accept metals, as long as it is not scrap.

To make a profit, there should be a 5 year expiration on the certificates.  Certs should be renewed at any point before the 5 year limit at no charge.

Anti-Counterfeit measures should be put into the certificates.

Ideally there would be multiple locations where these certificates and metals are made/stored.

Title: Re: The New Hamshire Currency Exchange Company
Post by: sillyperson on April 20, 2009, 04:31:48 PM
Word on the street is, right now the smart money is shorting gold. 
Of course it is. The fundamentals indicate the economy is round the corner; gold is flirting with $890.
It's going down in the short-to-medium term.
I'm lookin' to buy on that dip, baby.

Here are some guys in NH who are totally not getting their shit together as far as actually doing what they set out to do:
http://shiresilver.com/
http://nhcaptv.com/episode/5
Title: Re: The New Hampshire Currency Exchange Company
Post by: Ecolitan on April 20, 2009, 04:35:44 PM
The only theives that I'd be worried about is the government.

...


I don't much like the expiration.  I'm out if they expire, I'm OK with them depreciating in proportion to storage expenses.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 04:38:58 PM
The only theives that I'd be worried about is the government.

...


I don't much like the expiration.  I'm out if they expire, I'm OK with them depreciating in proportion to storage expenses.

The expiration date was an Idea from the LD people.  there should be some sort of way that NHCE should make a profit.  Remember:  NHCE doesn't own the metal it's storing, it belongs to the Noteholder. . .

There has to be some incentive. .
Title: Re: The New Hampshire Currency Exchange Company
Post by: Ecolitan on April 20, 2009, 04:47:06 PM
I don't much like the expiration.  I'm out if they expire, I'm OK with them depreciating in proportion to storage expenses.

The expiration date was an Idea from the LD people.  there should be some sort of way that NHCE should make a profit.  Remember:  NHCE doesn't own the metal it's storing, it belongs to the Noteholder. . .

There has to be some incentive. .
[/quote]

Like I said, even marking up the coins more than their competitors and scamming people on re-minting fees every time the USD changed in value, NOT for the purpose of imitating the USD of course  :roll: (something I was adamantly against BEFORE it got all their customers money stolen) was not enough to cover the expense of protecting their product from ALL thieves.

Don't take ideas from the LD folks.  They're dishonest assholes.  It's their relaxed relationship with truth that got them in trouble.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Richard Garner on April 20, 2009, 04:56:16 PM
Actually, I was wrong, gold is worth much more than that.  just me and my faulty math XD

Here is a new chart showing the correct numbers
http://spreadsheets.google.com/pub?key=pvMwwWw98ERoWhIwMhkK0Ww (http://spreadsheets.google.com/pub?key=pvMwwWw98ERoWhIwMhkK0Ww)

Thought so. I was reading in a novel today that just before the 1934 Gold Reserve Act you could, in theory, go into a bank and put down $35 for an ounce of gold. When the novel was published, an ounce cost $400 dollars. How much does that mean the value of your money has declined?!
Title: Re: The New Hampshire Currency Exchange Company
Post by: Ecolitan on April 20, 2009, 05:00:12 PM
Quote
How much does that mean the value of your money has declined?!

>95%

I got one for you.  If you'd have purchased a 1oz silver round from the Liberty Dollar folks in 1934.  How many times would they have charged you for re-minting?  How many times the value of of 1oz of silver does that equal?
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 20, 2009, 05:01:14 PM
Why just NH?
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 05:05:13 PM
Why just NH?

Because NH would be the petri dish to try to get a majority of businesses to switch over.  I was thinking about making it New England, but I don't know.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 20, 2009, 05:11:38 PM
Well since I live in WI I have no motivation to support your business.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 05:12:42 PM
Well since I live in WI I have no motivation to support your business.


Would anyone here be interested in starting an actual company? 
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on April 20, 2009, 07:45:51 PM
Well since I live in WI I have no motivation to support your business.


Would anyone here be interested in starting an actual company? 

Id be interested in helping, but not enough knowledge to start.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 07:50:21 PM
Well since I live in WI I have no motivation to support your business.


Would anyone here be interested in starting an actual company? 

Id be interested in helping, but not enough knowledge to start.

At the moment I haven't really seriously considered it. . .I'll do some research :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: TippleBipple on April 20, 2009, 08:36:41 PM
This is a variation of your first design.  :)  What do you think?
(http://img22.imageshack.us/img22/7118/hampshirecurrency2.jpg)
Title: Re: The New Hampshire Currency Exchange Company
Post by: Sam Gunn (since nobody got Admiral Naismith) on April 20, 2009, 08:43:27 PM
This is a variation of your first design.  :)  What do you think?
(http://img22.imageshack.us/img22/7118/hampshirecurrency2.jpg)

Hey that's the first one I actually wouldn't mind carrying.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 08:52:40 PM
This is a variation of your first design.  :)  What do you think?
(http://img22.imageshack.us/img22/7118/hampshirecurrency2.jpg)


I like :)  It's much better than my simple designs :)

could you send me the file so I could mess with it a bit?  It seems perfect for me :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: rabidfurby on April 20, 2009, 09:02:57 PM
Cool design.

If you do actually do this, it's probably a really bad idea to have "New Hampshire" in the name of the company or on the bill. That's more or less begging for the cops to call you counterfeiters the way the feds did with the Liberty Dollar.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 09:12:16 PM
Cool design.

If you do actually do this, it's probably a really bad idea to have "New Hampshire" in the name of the company or on the bill. That's more or less begging for the cops to call you counterfeiters the way the feds did with the Liberty Dollar.

I wouldn't be sure what to call it then. . .

Also, could you make an back for that note?  Personally, I like the idea of a vertical back, like this:

(http://moneyart.biz/dd/images/DD-13B-W-obv.jpg)
Title: Re: The New Hamshire Currency Exchange Company
Post by: blackie on April 20, 2009, 09:18:20 PM

So, if I buy 28 gram-notes, you'll exchange it for one ounce of gold? 
28 grams in a drug dealer ounce. A troy ounce has 31 grams.
Title: Re: The New Hampshire Currency Exchange Company
Post by: TippleBipple on April 20, 2009, 09:29:43 PM
This is a variation of your first design.  :)  What do you think?


I like :)  It's much better than my simple designs :)

could you send me the file so I could mess with it a bit?  It seems perfect for me :)
I can send you the psd file for the paper currency via email.  :)  Here is another one for you.  :)
(http://img22.imageshack.us/img22/226/anaphilocard.jpg)

Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 20, 2009, 09:40:53 PM
This is a variation of your first design.  :)  What do you think?


I like :)  It's much better than my simple designs :)

could you send me the file so I could mess with it a bit?  It seems perfect for me :)
I can send you the psd file for the paper currency via email.  :)  Here is another one for you.  :)
(http://img22.imageshack.us/img22/226/anaphilocard.jpg)


That's awesome :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 21, 2009, 02:11:54 AM
Message me if you actually start planning on plugging in some work on this. I've written the bylaws and mission statement for a non-profit before, I bet its not too much harder to do one for a business. Also, I really think getting rid of the NH thing is a good idea. NH is a state, and I'm not really a fan of those. Also it wont be "authorized" by the state.

Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 21, 2009, 02:13:36 AM
To paraphrase a zen saying: We will be walking on the edge of a sword, lets hide ourselves in the middle of flames.
Maybe that saying doesnt really make sense here afterall...
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 21, 2009, 06:41:59 AM
Ok, lets start thinking of some names?
I've got nothin. . .
Title: Re: The New Hampshire Currency Exchange Company
Post by: Alex Libman on April 21, 2009, 09:53:16 AM
Nice card graphic, but let's rip off MasterCard a little less to show we're serious.  How about a porcupine silhouette instead of a globe showing Europe?  And instead of the two circles, maybe interlocking gears like in my avatar, symbolizing utility and cooperation?  The map in the background is fine, but maybe highlight New Hampshire on it (and, in the future, any other libertarian regions that may emerge)?


Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 21, 2009, 05:59:02 PM
I still vote to not include NH at all. There is NO good reason.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Alex Libman on April 21, 2009, 07:47:42 PM
I missed the one by TippleBipple (http://img22.imageshack.us/img22/7118/hampshirecurrency2.jpg), which is very beautiful and pretty much perfect, but I am obligated to nitpick anyway.  :twisted:

Let's see...  Well, some idiots will think it's a target painted over New Hampshire, like we're gonna blow it up or something, but who cares - idiots will always find something to spin us as evildoers.  And the pentagrams - what's the logic behind those? 


I still vote to not include NH at all. There is NO good reason.

There is very good reason for some.  The people who invest all their time, energy, and reputation into the Free State Project clearly benefit from propagating the idea that New Hampshire equals liberty.  They would want a libertarian to see this note and think "I like stable / competitive currency, I should move to New Hampshire", or for a Masshole to see it and think "me scared / angry / confused, me from New Hampshire stay away", even if just subconsciously.

I like FSP, but it also scares me: I just know I'll end up in prison or worse.  My values fluctuate with my moods and emotions.  On most days I would prefer to see a seastead (http://en.wikipedia.org/wiki/Seasteading) on that bill instead.  Not that seasteading is less risky, but the time-line is very different, which means putting your hope in seasteading makes paying taxes and otherwise kissing the government's ass prudent in the meantime...

It's not a vote, it's just feedback that the artist may or may not find constructive, but what would you like to see there instead?
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 21, 2009, 08:05:29 PM
Regardless of where it starts, it needs to start in one town, then move up to a county, then a state, then two states, etc. . .that way we can optimize our structure gradually. 

Think about it this way : If we can't get a town doing it, how can we get a country doing it?
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 22, 2009, 06:56:13 AM
How about the Standard Metal Exchange Company?

Continental Metals

North eastern Metals

Atlantic Metals

Hobbes Metals

Jefferson Metals

Title: Re: The New Hampshire Currency Exchange Company
Post by: voodoo on April 22, 2009, 11:43:22 AM
While you're making your scrap paper look all purty n sech, you are ignoring human factor engineering. 

Notes like these would save retailers tons per year:

(http://myotherkids.com/Images/squidoo/hf_notes.png)

Sell the benefits, not features.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Alex Libman on April 22, 2009, 01:31:28 PM
Yeah, great for automats and blind people - awesome!  :D
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 22, 2009, 01:41:01 PM
Good call Brock.
Title: Re: The New Hampshire Currency Exchange Company
Post by: voodoo on April 22, 2009, 01:43:03 PM
Yeah, great for automats and blind people - awesome!  :D


I wouldn't even talk about the blind benefit.  There are a lot of differently-sighted individuals who get very upset at the mere mention of doing something "for them".  The big benefit is the shape would allow cashiers to handle stacks of cash like stripper decks.  Cash-intensive businesses would save incredible amounts of man hours.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on April 22, 2009, 02:07:53 PM
Good Idea brock!
Here's another: Plastic
http://www.slate.com/id/2111749/
Title: Re: The New Hamshire Currency Exchange Company
Post by: rookie on April 24, 2009, 11:18:34 AM
Ayn Rand used the U.S. dollar sign as her personal symbol...  Ironygasm!

Why not put several dead intellectuals on there, including Murray Rothbard, Ludwig von Mises, etc.  Or maybe some living ones will give their permission, like David D. Friedman, Lew Rockwell, etc.


Why bother printing anyone's portrait on a currency note?
Title: Re: The New Hampshire Currency Exchange Company
Post by: Alex Libman on April 24, 2009, 11:34:14 AM
Why bother printing anything other than a number, whatever anti-counterfeiting features (http://en.wikipedia.org/wiki/Counterfeit_money#Anti-counterfeiting_measures), a URL where people can find our what the heck it is, and anything else that is required or prudent by law?

Aesthetics.  Also anti-counterfeiting features can be easier to hide in plain sight.  But the main reason is propaganda.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Ecolitan on April 24, 2009, 12:28:38 PM
But the main reason is propaganda.

All the more reason I don't want Ayn Rand on my money.
Title: Re: The New Hampshire Currency Exchange Company
Post by: rookie on April 25, 2009, 12:05:24 AM
But the main reason is propaganda.

And I reiterate...

Why bother printing anyone's portrait on a currency note?


fuck that shit.  the correct answer is:  to give you something to d*face (http://www.dface.co.uk/).
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on April 25, 2009, 07:29:20 PM
Seriously though, lets research this shit.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on May 26, 2009, 02:01:43 AM
Seriously though, lets research this shit.

Researching...
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on May 26, 2009, 02:02:09 AM
Anyone know how to create a die-map?
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on June 22, 2009, 04:13:51 PM
something of interest:

http://en.wikipedia.org/wiki/BerkShares
http://www.berkshares.org/
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on June 26, 2009, 12:12:03 AM
first problem is having NH in its name

Well, that's just a working name.  Whomever starts the company chooses the name :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: argash on July 17, 2009, 10:29:45 PM
I would recommend that any effort to do this should stick with the metric system as it's much easier to calculate in the head and what ever the initial learning curve might be it will be easily overcome in a short while.  Additionally the denominations would be pretty simple to figure out and market.  I'm linking to a spreadsheet that shows this using todays prices.

http://spreadsheets.google.com/ccc?key=tXNpf28pTCwXZD5nVogMPPg
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on July 27, 2009, 01:28:42 AM
I agree, working in si units would be much better. . . Anyone still want to do this?  And is the shire silver project still in existence? 
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on July 27, 2009, 04:16:51 AM
I'd be willing to help out, however I wouldnt take the lead for sure since I have a lot of projects on my plate right now as it is.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on July 29, 2009, 12:43:00 AM
I plan on working on saving enough money to have dies made for the company.  It's not cheap, but after the dies are made, I'll start saving for the first order, which will be circulated primarily to liberty activists in the keene area.

the coins will be in:

40g. silver(at current spot, valued at 17.63) would be used in lieu of $20
20g. silver (at current spot, valued at 8.82) would be used in lieu of $10
10g. silver (at current spot, valued at 4.41) would be used in lieu of $5
100g. copper (at current spot $.55) would be used in lieu of $1
50g. copper (at current spot $.27) would be used in lieu of $.5
30g. copper (at current spot $.16) would be used in lieu of $.25
10g. copper (at current spot $.05) would be used in lieu of $.10

first issue will only be 40g rounds.  later rounds will be made as the company becomes profitable, and as demand for a particular denomination grows.


Welcome to the Sovereign coin company.  of course, if there are any problems tell me.  any donations are encouraged. 
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on July 29, 2009, 06:19:50 PM
Need any help with it anaphilo, feel free to ask. I'm all the way over in WI but this is a great project and I'd be thrilled to help out.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on July 29, 2009, 09:03:25 PM
The only help needed at this point is financial!  It's going to cost over $1k per coin design just to get the dies made.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on July 29, 2009, 09:04:36 PM
by the way, I've been thinking of the artwork.  I think a camera on one of the coins, and a couch with ian raking it on the other.
Title: Re: The New Hampshire Currency Exchange Company
Post by: rabidfurby on July 29, 2009, 10:15:20 PM
by the way, I've been thinking of the artwork.  I think a camera on one of the coins, and a couch with ian raking it on the other.

If there's any FTL host on the coins, it should be a topless Julia.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on July 31, 2009, 11:34:17 PM
by the way, I've been thinking of the artwork.  I think a camera on one of the coins, and a couch with ian raking it on the other.

If there's any FTL host on the coins, it should be a topless Julia.

How about if you want advertisment on the coins someone has to pay for them.

Or what about something more liberty oriented on the coins? Not obscure references to specific people and events not even involved with the project.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on August 01, 2009, 03:41:38 AM
That's a good idea with advertising. 
Title: Re: The New Hampshire Currency Exchange Company
Post by: CCmagazine on August 11, 2009, 03:35:28 PM
(http://www.moneyart.biz/images/news/CC-marq-ONE-obv.jpg)

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 (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 (http://www.mainstreetcash.org/QRcode.jpg) 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
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on August 25, 2009, 10:55:48 AM
I just hooked up with AOCS to sell their bullion in the Keene area, and I should be getting the materials in shortly.
Maybe we could use the community currency notes and I won't have to worry about printing. :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on September 03, 2009, 03:02:59 PM
Looks good. Local currency may be the way to go.
Title: Re: The New Hampshire Currency Exchange Company
Post by: sillyperson on September 03, 2009, 03:09:55 PM
Available to those who donate $100 in the FSP money bomb (http://wheresliberty.org/?q=20k_for_20k):
(http://forum.freestateproject.org/index.php?action=dlattach;topic=18732.0;attach=670)
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on October 27, 2009, 06:56:54 AM
Ok, I'm leaning towards making custom silver coins.

http://www.regencymint.com/CUSTOMMINTING.htm
Title: Re: The New Hampshire Currency Exchange Company
Post by: Sam Gunn (since nobody got Admiral Naismith) on October 27, 2009, 07:05:21 AM
Ok, I'm leaning towards making custom silver coins.

http://www.regencymint.com/CUSTOMMINTING.htm
How much do those cost?
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on November 23, 2009, 11:58:43 PM
any status on the currency CCMAG? I'm really wanting to buy some...though I may just opt to print my own. :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: AL the Inconspicuous on November 24, 2009, 04:14:02 AM
[...]  here is our community currency backed by silver  [...]

I've decided (http://bbs.freetalklive.com/index.php?topic=30995.msg572521#msg572521) that currency should either be made from or be backed by something that represents value in a survival situation.  Gold & silver can experience as much inflation and value collapse as fiat currency!  Why exchange pieces of paper that represent shiny metals you can't eat, drink, communicate with, fire from your gun, wipe your butt with, plant to have a harvest by autumn, etc?  Maybe we should stop trading pieces of paper issued by "money banks" and start trading shares in "primary value banks" - farms, grain silos, local weapons manufacturing plants, etc?
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on December 23, 2009, 06:10:01 PM
Ok, leaning toward printing my own. Hopefully you'll see a picture of some prototypes in the union leader. :D I set up a temp website @ tozcash.com.
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 23, 2009, 06:27:11 PM
I like the idea. Troy ounce is abbreviated ozt though.
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on December 23, 2009, 06:41:22 PM
Crap! I feel stupid now! the abbr still works for twentieth ounce though. :P
*bangs head on desk*
ok, I feel better. anyways. I think its going to keep the name. Particularly because its already set up as 1/20, 2/20, 5/20, etc.
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 23, 2009, 07:58:39 PM
I like the name Toz Cash.  8)

I find your FAQ page a little difficult to understand. BTW, you misspelled ounce in the first answer.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 23, 2009, 08:01:03 PM
So your coinage would be worth about $0.85 today. hmmm

Someone should figure out a way for a website to accept silver coins as payment :)
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on December 23, 2009, 08:46:14 PM
actually, its bank notes. and the website does need help, I'm just running up against so many deadlines, I think it suffered. :D Thanks for pointing out the errors, I need it. Between no sleep, getting sick and working to get stuff done, I miss spots.

So, a one note would be about .85, in USD. I anticipate $20 silver quickly coming up, and because so many instant gratification purchases are between $1-$2 I figured it'd be a good start. It's based on what I see as the majority of purchases as a cashier.
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 23, 2009, 09:32:38 PM
Yeah, so how long before this is shut down like the Liberty Dollar?

No thanks.
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on December 24, 2009, 07:16:38 AM
Hopefully never. With the silver not being in a central location, it would be hard to invalidate the notes in one sweep.
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 24, 2009, 09:52:25 AM
Yeah, so how long before this is shut down like the Liberty Dollar?

No thanks.

Can you think of a system that would work?
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 24, 2009, 09:56:31 AM
Hopefully never. With the silver not being in a central location, it would be hard to invalidate the notes in one sweep.

Then they'll just raid everyone on the list.
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 24, 2009, 09:57:58 AM
Yeah, so how long before this is shut down like the Liberty Dollar?

No thanks.

Can you think of a system that would work?

Just using generic silver rounds without any branding. But someone wants to make money off this venture, so I doubt that.
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 24, 2009, 11:58:52 AM
The problem is the different tiers and popularities of rounds and coins. An Engelhard is worth more than a Santa Claus round.
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 24, 2009, 12:14:52 PM
The problem is the different tiers and popularities of rounds and coins. An Engelhard is worth more than a Santa Claus round.

This is why we'll never have liberty.
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 24, 2009, 02:17:42 PM
Nah. There just needs to be a better system for splitting prices up with different gold, silver, and copper.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 24, 2009, 09:48:51 PM
Heres my wishful plan (fits with what I think BJ wants too), someone needs to design/distribute a package that comes with everything you need to make your own silver bullion coins. Cheap. There should be two types. Set One is for turning sheet metal into coins, Set Two for turning old silver scrap (or coins) into the coins, and a third set for participating businesses if they want it.
Included in Set One is small versions of the following:
Blanking press.
Annealing furnace.
Upsetting Mill.
Coin press that stamps "1troy ounce bullion" or other denomination.
A simple coin sizer/frame.

I havent given much thought into what the second Set needs but I'm thinking Set Two may need to include some sort of melting furnace, mold, and way of separating silver from other metals.

Much like pirate radio, weed growers, and other black market agoristic activities there would be too many people working to produce the same products that the sale would be nearly impossible to stamp out.

Set three is just a Silver Purity Analyzer.

Thoughts?
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 24, 2009, 10:00:35 PM
That would be pretty awesome. I think analyzing purity would be key to the system because of fraud, though. But that should be done anyways.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 24, 2009, 11:46:24 PM
I threw together a site to record this idea so it doesnt get lost (just now), I'll do some more research.
http://thesilverreplacement.weebly.com/
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 25, 2009, 02:55:47 AM
http://www.youtube.com/watch?v=s6n1bKcyUZU
[youtube=425,350]s6n1bKcyUZU[/youtube]
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 25, 2009, 10:52:45 AM
i think casting blanks and then stamping them would have to be the way. Making sheets of metal for coins, if you've ever seen how it's done, is very labor intensive. Cast the blanks using this method (http://www.jewelryschool.net/waxdesign.htm), trim them for weight, and then strike them using dies with a hand (http://www.oldworldanvils.com/flypresses/index.html) or mechanical press. Since it's silver, it's fairly soft. Supposedly you can even do a decent job whacking the dies with a hammer to get an impression (http://www.fleur-de-coin.com/articles/ancientcoinminting.asp). Have an outside company make custom dies. Probably run $200 a set (obverse and reverse) in quantity.
Title: Re: The New Hampshire Currency Exchange Company
Post by: alaric89 on December 25, 2009, 01:35:58 PM
[...]  here is our community currency backed by silver  [...]

I've decided (http://bbs.freetalklive.com/index.php?topic=30995.msg572521#msg572521) that currency should either be made from or be backed by something that represents value in a survival situation.  Gold & silver can experience as much inflation and value collapse as fiat currency!  Why exchange pieces of paper that represent shiny metals you can't eat, drink, communicate with, fire from your gun, wipe your butt with, plant to have a harvest by autumn, etc?  Maybe we should stop trading pieces of paper issued by "money banks" and start trading shares in "primary value banks" - farms, grain silos, local weapons manufacturing plants, etc?


I would love to see a group of dissimilar small business people try a trade out commodity system in NH. It would only take about 10 individuals to make a almost independent loop.
Any system, that was used to keep track of trade wealth, would have to have a self destruct though.
If a tradeout system lasted for 10 years or so it would create a lot of wealth the feds would like to steal.
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 25, 2009, 04:01:03 PM
I think there needs to be some branding so that counterfeits can be more easily rooted out.
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on December 25, 2009, 04:23:32 PM
I think there needs to be some branding so that counterfeits can be more easily rooted out.

with coins, branding does not matter as much. Just need to test to see if the silver is real silver, with branding serving the purpose of company xyz tested and guarantees this to be pure silver.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 25, 2009, 07:43:18 PM
I think there needs to be some branding so that counterfeits can be more easily rooted out.

with coins, branding does not matter as much. Just need to test to see if the silver is real silver, with branding serving the purpose of company xyz tested and guarantees this to be pure silver.

Yeah branding is uneccessary, just weigh it and test for silver.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 25, 2009, 07:43:40 PM
I'm going to start working on this.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 25, 2009, 08:13:13 PM
Various forms of striking a die (with a hammer). This is the simplest/cheapest way to go (who can afford a $1000 press?) it seems. That and the melting straight into the blank mold.
Title: Re: The New Hampshire Currency Exchange Company
Post by: BonerJoe on December 25, 2009, 08:15:36 PM
(who can afford a $1000 press?)

I'm sure people would entrust friends to make their coinage for them.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 25, 2009, 09:13:12 PM
(who can afford a $1000 press?)

I'm sure people would entrust friends to make their coinage for them.

Ah, true. Just like how you can bake bread in your own house but would rather let a baker handle it. Superior products from superior services. But I think the important part is getting the bare backbone laid out as cheaply as possible. The goal is to flood the market with these coins right? After the most simple yet effective way is figured out, for the willing activist more fancier ways may be purchased and utilized. Every step of the coin making process can be made better (even how it cools in the mold) but priorities are there.

Here's what I have so far:
Take an old blank template and create a mold out of plaster of paris(:?: I think that would work)
Melt the silver in a small container and pour it into the mold.
Weigh and shave appropriately the remaining blank until it reaches 1 troy ounce (or half,etc depending on the die).
place it between the die and pound with a hammer a certain number of times.

I think that is the absolutely simplest way.
I'm researching now how to melt down mixed metals (coins/jewlery/junk) and separate the silver.
Title: Re: The New Hampshire Currency Exchange Company
Post by: AL the Inconspicuous on December 26, 2009, 02:21:18 AM
[...]  here is our community currency backed by silver  [...]

I've decided (http://bbs.freetalklive.com/index.php?topic=30995.msg572521#msg572521) that currency should either be made from or be backed by something that represents value in a survival situation.  Gold & silver can experience as much inflation and value collapse as fiat currency!  Why exchange pieces of paper that represent shiny metals you can't eat, drink, communicate with, fire from your gun, wipe your butt with, plant to have a harvest by autumn, etc?  Maybe we should stop trading pieces of paper issued by "money banks" and start trading shares in "primary value banks" - farms, grain silos, local weapons manufacturing plants, etc?

I would love to see a group of dissimilar small business people try a trade out commodity system in NH.

It would only take about 10 individuals to make a almost independent loop.

Yeah, and I didn't say we have to trade in physical barter and lugging the assets around like idiots - just a local currency that is backed by local "primary value" assets instead of metals.


Any system, that was used to keep track of trade wealth, would have to have a self destruct though.
If a tradeout system lasted for 10 years or so it would create a lot of wealth the feds would like to steal.

Yeah, the government can come and put a noose around our necks at any time - that's a given.  Our best strategy is to make it as difficult and as costly as we possibly can for them to do this, especially when it comes to getting some degree of public opinion onto our side.  It would be more difficult for the government-licensed media to spin us as gold-hoarding tax dodgers if our currency is backed by land, beans, and solar panels instead!  Oh, and we could figure out some kind of a religious loophole (http://bbs.freetalklive.com/index.php?topic=31827) as well...  ;)
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on December 26, 2009, 10:38:18 PM
Just need to test to see if the silver is real silver, with branding serving the purpose of company xyz tested and guarantees this to be pure silver.
Yeah branding is uneccessary, just weigh it and test for silver.

You guys are silly. Not having good brands is the whole problem. We need better choices, not just more.

Here's a guy you should talk to about minting and refining: http://marketharmony.net/

I've bought and sold with him, he's good.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 27, 2009, 01:36:59 AM
http://crisistimes.com/hyperinflation.htm

This may soon be the best possible time to start up a silver coin/barter system.
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 27, 2009, 01:43:11 AM
Oh, and an update to delvalley silver.

They now sell 1/2 ounce silver coins for $10
http://www.delvalleysilver.com/cart/index.php?main_page=product_info&cPath=1&products_id=10

In addition to their 1 ounce coins for twenty.

(http://www.delvalleysilver.com/cart/images/001.jpg)

I'd buy some, but they haven't a clue as to how to let me log in. I created two accounts and still cannot get in.
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on December 27, 2009, 10:45:30 AM
make sure you change the type of account you are logging into before you log in. It defaults to merchant. You need to click 'member login' where the password is, and then log in.
I want to buy silver from them also, but buying a few ounces from them is expensive: 7$ shipping. Buying 100 is cheaper: $7 shipping. :D
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on December 27, 2009, 12:33:40 PM
make sure you change the type of account you are logging into before you log in. It defaults to merchant. You need to click 'member login' where the password is, and then log in.
I want to buy silver from them also, but buying a few ounces from them is expensive: 7$ shipping. Buying 100 is cheaper: $7 shipping. :D

Yeah they use awesome shipping which actually makes them the cheapest place around I think for pricing.

But so far as logging in goes, I've troubleshooted everything they've told me to do, merchant, consumer, change of password, change of username, etc etc it just tells me I have an incorrect password or username. I'll have to try on someone elses computer I guess.
Title: Re: The New Hampshire Currency Exchange Company
Post by: rookie on January 13, 2010, 06:59:09 AM
(http://photos-f.ak.fbcdn.net/hphotos-ak-snc3/hs147.snc3/17456_1313139833131_1369715325_889595_3572562_n.jpg)
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 27, 2010, 02:51:36 AM
Not really sure how that last picture had anything to do with anything, but I'm glad that this topic has made some good discussion.  If I finally do come up (Ya, I know that I said I'd be up in two weeks last year, shit happened)  I'd definately be buying a crucible and melting coinage. 

Anyone know how to seperate silver from baser metals?
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on January 27, 2010, 04:24:50 PM
Not really sure how that last picture had anything to do with anything, but I'm glad that this topic has made some good discussion.  If I finally do come up (Ya, I know that I said I'd be up in two weeks last year, shit happened)  I'd definately be buying a crucible and melting coinage. 

Anyone know how to seperate silver from baser metals?

It depends on the metals. It is has a higher melting point than silver, then you heat it up until the silver is melted then strain it. There are more complex ways than this that involve heating, chemicals, etc.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 28, 2010, 04:30:01 AM
Not really sure how that last picture had anything to do with anything, but I'm glad that this topic has made some good discussion.  If I finally do come up (Ya, I know that I said I'd be up in two weeks last year, shit happened)  I'd definately be buying a crucible and melting coinage.  

Anyone know how to seperate silver from baser metals?

It depends on the metals. It is has a higher melting point than silver, then you heat it up until the silver is melted then strain it. There are more complex ways than this that involve heating, chemicals, etc.

Well specifically, I was thinking of:

1) Sterling Silver which can have copper (which I'd like to save), Germanium (don't know anything about) Zinc (garbage) and Platinum (Definately keep)

2 Silver Half Dollars 1965-70 ( %60 copper)

Melting Points of these metals:

1 Silver-1760F
2 Copper-1981F
3 Zinc- 788F
4 Germanium- 1702F
5 Platinum- 3214F

So, I suppose just do a round of heatings, first to 800F, strain out zinc.  then to 1702F strain out germanium, then to 1760F strain out silver, then to 1981F strain out copper. . .

What sort of investment am I looking at to get an oven to get to the temperatures needed to do this?  I'm sure that a normal fire couldn't do this.



I just found this kit:

http://www.backyardmetalcasting.com/hmkit.html

$200. . .doesn't seem too awful expensive.
Title: Re: The New Hampshire Currency Exchange Company
Post by: antijingoist on January 28, 2010, 04:42:43 AM
I've done zinc quite a few times on my kitchen gas stove.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 28, 2010, 04:48:06 AM
I've done zinc quite a few times on my kitchen gas stove.

Ya, zinc isn't very high on temperature, as far as metal goes. 

The more I look at this, the more I'm convinced that I can melt the metals in a graphite crucible on a charcoal fire. 
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on January 28, 2010, 04:57:26 PM
Quote
So, I suppose just do a round of heatings, first to 800F, strain out zinc.  then to 1702F strain out germanium, then to 1760F strain out silver, then to 1981F strain out copper. . .

Yeah pretty much this, being very careful on the temps.

I think the graphite crucible will work but I'm pretty sure that charcoal wont be hot enough. I'd try some sort of gas torch.

http://www.pjsupply.com/shop/?shop=1&cat=13
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 29, 2010, 12:09:17 AM
I have a very large setaline torch, that should work, right?
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on January 29, 2010, 01:22:31 AM
Acetylene?

I think so. Although it may be tough to do anything with platinum since that is about the maximum temperature of the flame itself (or so I read).

You do need a way to measure the temperature of the mixed metals so you can achieve the ideal ones, and keep the temperature steady until you are thru with the process. That shouldnt be too difficult though.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 29, 2010, 01:48:45 AM
Acetylene?

I think so. Although it may be tough to do anything with platinum since that is about the maximum temperature of the flame itself (or so I read).

You do need a way to measure the temperature of the mixed metals so you can achieve the ideal ones, and keep the temperature steady until you are thru with the process. That shouldnt be too difficult though.

Ya, that's the one.  My spellings garbage. . .I always say it as set-a-lean, so that's about how I spelled it :P

About the temperature, I'm sure i could think of something.  Oh, and as far as copper goes, pre 1982 pennies are worth more in copper (almost .03c)

For the melt values of coins, this is a good site:

http://coinflation.com/

For melting points of metals, this is a good site:
http://www.muggyweld.com/melting.html
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on January 29, 2010, 02:42:42 AM
Oh, and as far as copper goes, pre 1982 pennies are worth more in copper (almost .03c)

I've got hundreds of pounds of copper, it's mighty hard to get rid of them at more than 1.4x face. Things are worth what people will pay, and people won't pay 2 cents. At least yet.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 29, 2010, 02:45:31 AM
Oh, and as far as copper goes, pre 1982 pennies are worth more in copper (almost .03c)

I've got hundreds of pounds of copper, it's mighty hard to get rid of them at more than 1.4x face. Things are worth what people will pay, and people won't pay 2 cents. At least yet.

What I mean is, If I melt the pennies, I might be able to get more. . .
Title: Re: The New Hampshire Currency Exchange Company
Post by: ForumTroll on January 29, 2010, 03:42:02 AM
Oh, and as far as copper goes, pre 1982 pennies are worth more in copper (almost .03c)

I've got hundreds of pounds of copper, it's mighty hard to get rid of them at more than 1.4x face. Things are worth what people will pay, and people won't pay 2 cents. At least yet.

What I mean is, If I melt the pennies, I might be able to get more. . .

Get some price quotes from scrap dealers in your area first. You'd be surprised how little they pay vs. spot price.
Title: Re: The New Hampshire Currency Exchange Company
Post by: Low-Eight on January 29, 2010, 03:45:39 AM
Oh, and as far as copper goes, pre 1982 pennies are worth more in copper (almost .03c)

I've got hundreds of pounds of copper, it's mighty hard to get rid of them at more than 1.4x face. Things are worth what people will pay, and people won't pay 2 cents. At least yet.

What I mean is, If I melt the pennies, I might be able to get more. . .

Get some price quotes from scrap dealers in your area first. You'd be surprised how little they pay vs. spot price.

I would imagine if I refined the metal myself that I could get higher scrap price. . .but I get over half spot for aluminium  .50 a lbs, spot is .92
Title: Re: The New Hampshire Currency Exchange Company
Post by: digitalfour on January 29, 2010, 04:04:20 PM
What I mean is, If I melt the pennies, I might be able to get more. . .

There is a melt ban on pennies.
Title: Re: The New Hampshire Currency Exchange Company
Post by: ForumTroll on January 29, 2010, 04:34:46 PM
Oh, and as far as copper goes, pre 1982 pennies are worth more in copper (almost .03c)

I've got hundreds of pounds of copper, it's mighty hard to get rid of them at more than 1.4x face. Things are worth what people will pay, and people won't pay 2 cents. At least yet.

What I mean is, If I melt the pennies, I might be able to get more. . .

Get some price quotes from scrap dealers in your area first. You'd be surprised how little they pay vs. spot price.

I would imagine if I refined the metal myself that I could get higher scrap price. . .but I get over half spot for aluminium  .50 a lbs, spot is .92

You think refining your own is worth the startup costs and health risks?
Title: Re: The New Hampshire Currency Exchange Company
Post by: anarchir on January 29, 2010, 04:46:27 PM
I thought the point here was to make new coins, not melt down and save old ones.