Introducing the New Red Blazer Silver Gift Coin
Available now and makes for a great Gift as the holidays are once again upon us.
Our first issue coin will sell for $30 dollars and can be redeemed for the same value or it’s intrinsic silver value whichever is more towards any of our services offered at the Red Blazer. The Coin will represent the first issue in a series of 1oz .999 pure Silver Red Blazer tokens.
Why A Silver Red Blazer Coin? It makes for a great collectable item/souvenir as well as a great store of value for future dining experiences here at the Red Blazer. Finally, the coin gives us the opportunity to educate our younger patrons who never experienced real money as the last time the US government produced silver coins was in 1964 and actually finding one of those coin in circulation is essentially impossible because they are so much more valuable than the junk coins of today.
We will also accept all forms of silver coin or bars on a methodology based on current market spot prices. We reserve the right to reject any coin or bar for any reason. Only the Red Blazer silver token will be redeemed for a minimum of $30 all other silver coin will be based on market price.
A fun back story for those interested
The United States has a legal and constitutional silver standard, although we would not know it today, since the government has illegally and unconstitutionally removed silver as currency and replaced it with the Federal Reserve notes that we know as dollar bills. The term "dollar bills" obscures the actual and tangible meaning of "dollar" as a specific weight of silver.
Beyond any doubt the constitutional dollar in the United States is a "historically determinate, fixed weight of fine silver." The Coinage Act of 1792 is but one source among many that makes this evident, reading, The money of account of the United States shall be expressed in dollars or units of the value [mass or weight] of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure silver. The change of 1 oz t ( ounce (troy) ) unit of a silver amount equals = to 480.00 gr ( grain ) – In rounded simple terms a dollar is approximately just more than ¾ of an ounce of pure silver.
The Coinage Act of 1792, signed into law by President Washington, which put into effect the monetary system the Founders had previously outlined in the Constitution.
This system helped make the United States "dollar" the safest, most sought-after currency in the world, leading to the well-known saying "sound as a dollar." However, in 1913, Congress - in an unconstitutional act - relinquished its constitutional power and duty to "coin Money and regulate the Value thereof" to a private banking cartel, the Federal Reserve System. Very few know that despite the misleading name the Federal Reserve is a private organization often referred to as a criminal cartel that has massive powers and essentially immune from government oversight and just one of the reasons our whole monetary system is in shambles.
Today, all thinking, informed Americans know their country is in trouble. Many haven't a clue as to what went wrong with their government, while others can recite a litany of reasons for their country's distress. Of course, no one reason is paramount; but surely a debased, corrupt, and inflationary monetary system must be placed near the top of the list of causes of America's woes.
A gradual abandonment of the Founding Fathers' system (based on silver and gold coins) and the insidious substitution of a paper-currency system based on irredeemable, fiat Federal Reserve Notes, which continue to circulate today only because of the public's misplaced confidence. The only thing that backs our fiat currency today is; The full faith and confidence of the US Government. So essentially an empty promise or nothing!
All modern paper currencies are fiat currencies; they have no intrinsic value and are used solely as a means of payment. Historically, governments would mint coins out of a physical commodity, such as gold or silver, or would print paper money that could be redeemed for a set amount of physical commodity. Fiat money today is inconvertible and cannot be redeemed as was once possible in the past. Fiat money rose to prominence in the 20th century, specifically after the collapse of the Bretton Woods system in 1971, when the United States ceased to allow the conversion of the dollar into gold.
Congress will move only when the general public becomes aware of the monetary mess Congress and the Federal Reserve System have created. Everyone concerned with "the money issue" must bring the facts to the attention of as many Americans as possible. With the fist issue of The Red Blazer 1oz .999 Silver token we will do our part to bring attention to this very important matter as well as accept payment for our services with “Real Money”. Silver can be traced back for more than 5000 years as a form of money or median of exchange.
We will accept any other form of silver coins or bars at spot price as payment for our services. Spot price can be accessed at any time via our website which provides a link to a ticker that tracks the commodity. Adjustments for purity and content will be based on criteria outlined on our web site. We have a multi step authentication process and can accept or reject any coin or bar for any reason we deem appropriate.
Putting it all into perspective based on history; If we go back to the early 60’s when silver coins were still in circulation 4 silver quarters and a paper dollar could buy you a clam dinner with ff and coleslaw today those silver quarter can still buy you a clam dinner but the fiat paper dollar can barley pay for the coleslaw. This is a simple illustration of inflation or how our government steals its peoples wealth over time.
Today’s money has become a means for the total confiscation of private property by the government. It’s of great importance to those of us who understand this issue to make the truth known to others. Nothing could be more vital than to restore the monetary system with a proven track record: the one devised by our Founding Fathers!
Mises Daily Articles
Pieces of Eight, constitutional lawyer Edwin Vieira Jr.