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TSP – AOCS Copper Round Preview — 22 Comments

  1. Sorry, I might’ve missed mention of this in an episode or something, but what’s with the bee symbolism? Don’t get me wrong, I love bees. I’m just curious why the TSP community requested it be on the coins. I don’t want to be clueless to some deeper meaning of coins I plan on purchasing.

    Thanks!

  2. Nothing too deep, bees and ants are kindred spirits. Ants store food and bees forage and create honey to store. Both are good models to learn from. We also simply have a ton of bee keepers on the forum and as show supporters, etc.

    Honey is also a golden copper color and is a true store of value.

  3. This will be a great evangelical tool, we’ll be giving them away to everyone. I’ve got money in the bank just itching to order some.
    -Grant-

  4. Thanks for the explanation Jack. That is right on, and after hearing the reasoning I’m even MORE on board with the bee aspect of the coin. I’ll be ordering a roll or more for sure.

  5. Raw honey is delicious, good for sore throats, has many nutrients, is also good for your hair, and is good on minor cuts and burns. So it helps keep you healthy and beautiful.

    Of course bees also pollinate many crops, so without bees we are in deep trouble.

    Bees AND ants. I like it!
    Next up, praying mantis. No bug want’s to tangle with one, and they inspired a kung fu style. 🙂

  6. @Daniel they are a full AV ounce so the same size as a typical silver round or silver eagle. Copper is a bit lighter then silver so they are AV ounces vs. troy ounces. That is typical ounces as in 16 ounces to a pound.

  7. Jack,

    Is this the same Rob Gray that was with the Liberty Dollar people? I hope he learned from what happened to the Liberty Dollar folks and it doesn’t happen to anyone with AOCS.

  8. Couple of thoughts Jack:

    1) Aren’t ACOS coppers supposed to have the 2 unit on them somewhere? Also, you have a $ sign in the “Bee”. I wonder if this could get you in trouble with the Fed…not sure. But more so, why promote that indebted currency?

    Why not replace the $ sign with a “2” inside the bee head. Thus denoting the currency value unit.

    2) Mint Art:

    Not sure if you’ve gone to production yet. You might want to drop the learn from it’s position. Right now you have TRTAM, now you have LTRTAM (and maybe you want to go that way)

    COINTRUTH.COM is available btw

    3) I love copper. It’s one of my favorite metals. And I believe it is the most beautiful metal in color and tone.

    That said, you mentioned that you looked into a silver challenge coin but it would have cost $30. Jack, I’d have paid $30 for a silver ounce coin. Let me do the math from my perspective.

    As much as I wanted the original challenge coin, I couldn’t buy one at this time. It posed no intrinsic value, and I have had to trim expenditures. Heck, it’s bad enough I make the occasional mistake of purchasing a needless item.

    That said, I do have some $$$ set aside for re-investment. While a $30 silver challenge coin might not be the best deal on a silver coin. I could justify it on two parts. Both as a collector item and as a toy.

    The coin would have an inherent intrinsic value of approx. $20. And a likely potential of increasing over the next 20 yrs to exceed my purchase.

    To me the $30 silver coin, is a more doable purchase than a $10 non-silver coin. It’s the difference of buying a fish or buying a fishing pole. I might decide 10/lbs is too much for a fish filet, but $30 is not a bad price for a fishing pole.

    Anyways, so so looking forward to buying a roll of these.

    – Jason from Pennsylvania (N.U.G.U.N.)

    PS – I am hoping to launch my own business in the coming months. I’ve decided to take ACOS as an option for payment.

    PPS – Ah, I have an idea for that Praying Mantis. It should go on the cover of a Prepper’s Bible. LOL

  9. @Jason where to I begin.

    1. Yes they are supposed to say two, and they do in GIANT letters across the bottom third of the reverse. Seriously how did you miss that.

    2. The dollar sign is not a representation of debt. Just because the modern dollar has been ruined by the Fed doesn’t make the “dollar” as a unit the problem.

    3. On the domain, what, huh, I just don’t get your point. The words are a call to action the domain is the site name.

    4. I would have to sell silver right now at about 32 dollars a coin to break even. Or more accurately Tiffany and Rich would. As we are not in this to “break even” but actually want to make a profit it isn’t in the cards. To do it and make enough profit to warrant the huge initial expense we would have to sell them at 37-40 a unit. Further the perception of being over priced would follow not to mention that even at 40 we would in fact be selling the first 400 coins at a loss, break even from there and then only make an honest 6-7 dollars a coin.

    5. Challenge coins are not about “intrinsic value” the are about community. They are also limited, the ones we have now will disappear in early 2011 be replaced and never come back again. I carry quite a few different challenge coins and if you asked me to part with one of them or one silver coin the silver would be let go of first. Challenge coins are much deeper than monetary value.

  10. @Professor

    Exact same Rob and yes in fact he did learn. That is even noted in some preceding comments above.

  11. I am really looking forward to getting several rolls of these coins. They look amazing and I love the idea of adding to my real money supply.