Money laundering. That’s what this is.
It’s not money laundering to sell dumb shit to idiots, like coins to magas, or bathwater to thirsty teenagers, or dogecoin to me
I have no clue if there’s indeed any proof for such a claim, but the theory that I read elsewhere is that it’s a way to obfuscate money flows.
If a foreign nation (Russia, China, North Korea, whoever) would like to engage in the election, they can’t just donate to the campaign officially. But instead, they could buy a couple thousands of these coins in smaller transactions.
TBH I’m rather with you. I think the majority of these coins is just bought by some MAGAs. For foreign nations there’d be probably more efficient ways to transfer money like shares etc.
Foreign investor buy dozens of these coins. People that probably shouldn’t be “donating” to American politicians cuz they want something in return.
I saw these being talked about on r/silverbugs, Reddit’s silver-collecting community. There is definitely a higher-than-usual concentration of Trump supporters there and even they were lambasting it for being a dumb thing to buy.
The thing is, these can’t even legally be called “coins”. A coin is only called that if it’s made with sanction from the state. Privately-made coin-like objects are “rounds”. Silver rounds are pretty common and are basically all worth melt value. I have no doubt these “commemorative coins rounds” will meet their end five or ten years from now in someone’s backyard kiln who will unceremoniously melt them down and cast them into some nice jewellery or a silver figurine.
Edit: I actually have some Trump design silver rounds. Not official Trump products, of course (or maybe they are, IDK). They are very common and worth nothing more than melt value. I paid melt value of these two. I traded one of them to my former roommate who’s a Trump supporter for a cod.
Definitely going to keep the “never surrender” round that has his mugshot that they took after he surrendered though.
I’m talking about the fish. Four packs of vacuum-packed fresh-caught cod fillets for one ounce of silver.
melt value is like $35? if it’s actually as pure as they say and i do not fucking trust them with anything
It’s easy to test. There’s a machine called a Sigma Pro that can test the purity of silver. It costs around a thousand dollars and every pawnbroker and coin dealer has one. If it isn’t pure, they’ll get busted immediately.
Can you not use Archimedes’ principle to determine silver purity? A decent kitchen scale and something to measure volume?
Ooh, you’ve given me an incredible idea on how to scam old conservatives in 20 years
“1oz .999% silver medallions”
So 3x the price of other 1 ounce silver rounds?
https://sdbullion.com/silver/silver-rounds/1-oz-silver-rounds
“C’mon. it’s got his ugly face stamped on it. That’s worth atleast 47x on it’s own!” -Trump, probably.
This is quite reasonable; his base are fucking idiots, and fall for this shit all the time.
Pathetic
