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It’s the coin we’ve all been waiting for:
Love the coin, and as an avid believer in silver as money, this is most appropriate. There should be coins for all the great Austrian Economists…including one for Lew Rockwell, Hayek, and Mises.
I did have a question though: did Murray Rothbard favor bimetallism?
As far as I know he did not, because of the Gresham’s law; he favored completely private currency
Rothbard favored liberty. That may mean bimetalism or it may not, at any given time. If I remember from “The Case for a 100% Gold Dollar”, Rothbard favored 100% gold backing *IF* he was forced to only repair the current system from within.
Really though, he favored liberty, whether that would give us bimetalism or something different is entirely up to the people at any given time.
There was a Mises coin about a year ago. Looked awesome. I wish I bought one. LvMI should bring that back or maybe sell all of them as a set!
what is the’FIFTY’ for on the back?
He favoured private money. Be that potatoes, gold or silver. Whatever market chooses. He certainly did not like fixed exchange ratio between gold and silver.
the mises coin was and is great. eager for this one. I was reluctant to buy the mises coin at $30 and now wish I had bought more. You definitely will want this coin. Buy as much as you can afford.
Nice tribute to Murray… beyond its metallic value.
Of course, Murray as an economist would notice the current spot price of silver at ~ $32.
And comparable American Silver Eagle coins at ~ $36.
Fixed ratios between gold and sliver nearly bankrupted the US gov in the late 19th century. It’s well laid out in The Driver by Garet Garrett.
AOCS [American Open Currency Standard] value.
Those pining for a Mises coin should know there’s a new copper version…
So, what’s on the other (reverse) side? And, what is providing that dark background, and how much of the material is made of that? (I wouldn’t call it silver if it has a significant amount of anything else in it.)
P.M., the dark background is a trick of the light and reflectivity, I am sure. Here’s the back: http://mises.org/store/assets/productimages/m511b.jpg
It’s .999 silver.
Quite like it – looks like a photo negative. But that may just be the light.
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