Silver Dime Card: Difference between revisions
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[[File:Silver_Dime_Card_front.jpg|300px|thumb|right|Silver Dime Card, front]] | [[File:Silver_Dime_Card_front.jpg|300px|thumb|right|Silver Dime Card, front]] | ||
[[File:Silver_Dime_Card_front2.jpg|300px|thumb|right|Silver Dime Card, front]] | [[File:Silver_Dime_Card_front2.jpg|300px|thumb|right|Silver Dime Card, front]] | ||
[[File:Silver_Dime_Card_back.jpg|300px|thumb|right|Silver Dime Card, back]] | [[File:Silver_Dime_Card_back.jpg|300px|thumb|right|Silver Dime Card, back]] | ||
[[File:Moneylith_right.jpg| | [[File:Moneylith_right.jpg|150px|thumb|right|Moneylith, left]][[File:Moneylith_left.jpg|150px|thumb|right|Moneylith, right]] | ||
[[File:Moneylith_left.jpg| | |||
A '''Silver Dime Card''' consists of one 90% Silver [[Wikipedia:Dime (United States coin)|Dime (United States coin)]] laminated within a credit-card sized plastic sleeve. The dime is accompanied by a paper insert often printed with graphics on the front and a conversion table on the back. The table is intended as a suggestion, to aid the holder in converting the price of bartered goods between [[Wikipedia:Federal Reserve Note|Federal Reserve Notes]] and the amount of silver within the card. Owing to the popularity and utility of the card, they often trade at values higher than the silver spot price. | A '''Silver Dime Card''' consists of one 90% Silver [[Wikipedia:Dime (United States coin)|Dime (United States coin)]] laminated within a credit-card sized plastic sleeve. The dime is accompanied by a paper insert often printed with graphics on the front and a conversion table on the back. The table is intended as a suggestion, to aid the holder in converting the price of bartered goods between [[Wikipedia:Federal Reserve Note|Federal Reserve Notes]] and the amount of silver within the card. Owing to the popularity and utility of the card, they often trade at values higher than the silver spot price. | ||
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==Conception== | ==Conception== | ||
Revision as of 05:12, 9 June 2012
A Silver Dime Card consists of one 90% Silver Dime (United States coin) laminated within a credit-card sized plastic sleeve. The dime is accompanied by a paper insert often printed with graphics on the front and a conversion table on the back. The table is intended as a suggestion, to aid the holder in converting the price of bartered goods between Federal Reserve Notes and the amount of silver within the card. Owing to the popularity and utility of the card, they often trade at values higher than the silver spot price.
Conception
Don't Tread On Meme began producing Silver Dime [and Quarter] Cards in 2010 to provide a smaller-valued unit to compliment the rise of precious metal barter and to create a convenient educational tool for Austrian School concepts such as Gresham's Law, Inflation, and Subjective Theory of Value. They were influenced by innovators such as Shire Silver, American Open Currency Standard, Del Valley Silver, and Silver Circle Movie, with whom they have found the cards to be a valuable marketing tool for the upcoming film and tenth-ounce silver rounds.
Of particular influence to the Silver Dime Card project was the Liberty Dollar, from whose prosecution the risks of advertising a new coin as "currency" with a face value became evident. For those reasons the Silver Dime Card was judged to be safer from legal challenge because it utilizes a Legal Tender coin and does not claim a certain value-in-trade. It has been suggested that trading in "junk" coins allows the transaction to be reported at a face value significantly less than market value.
Silver Calculator App
The signature addition by Don't Tread On Meme is a QR code linking to their original mobile app "Silver Calculator" for Android and iPhone. It was conceived as a point-of-sale, live-update interface for precious metal barter. It has been continually updated to include international and nongovernmental coins and it has over 6,000 downloads.
Open Source and Co-Branding
Don't Tread On Meme have produced custom cards for liberty-supporting organizations such as Wheels Off Liberty Podcast, Freedom Feens Podcast, Freedom's Phoenix Digital E-Zine, Fr33 Aid, Porcfest 2012, Silver Circle Movie, and the author Tarrin Lupo.
Within one year others were inspired to build upon the model. In 2011, Freedom's Phoenix created and sold over 5,000 Silver Dime Cards to raise funds for the website The Daily Paul. Silver Dime Cards can now be found circulating internationally. La Monnaie Saine, the "Bastiat 2012" Frédéric Bastiat fan group from Strasbourg, France, produces cards containing French silver coins with a conversion table for the Euro. In the same theme as Don't Tread On Meme, they advocate a peacful market-based transition away from troubled fiat currency.
The Moneylith
To further promote the concept of silver as an affordable and accessible barter money, Don't Tread On Meme purchased a vending machine in 2011 with the sponsorship of silver dealers Roberts & Roberts Brokerage, Inc., along with Freedom's Phoenix, Silver Circle Movie, The Shire Society, Freedom Engineering, Shire Silver, Porcfest 2012, RTR.org, and Antiwar.com. The machine became a prop for economic and political "street theater" at events such as Ron Paul campaign appearances and liberty conferences. Due to the black monolithic appearance and its purpose as a "sentinel" for economic evolution, it became the inspiration for a web-based featurette film "2012: A Silver Odyssey" written as an allegory to the film "2001: A Space Odyssey".