I bought ten of these last week. I’m keeping some of them and will probably give a few away as gifts (nothing says “Merry Christmas” like honest money bearing the visage of Ludwig von Mises). One is currently in my office, propped up against a chunk of the Berlin Wall. Tu Ne Cede Malis, indeed.
FTC-Mandated Disclaimer: I have in the past received valuable consideration from the Mises Institute in exchange for writing and speaking, but they did not pay me to endorse this product.
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Nice disclaimer.
I’m conflicted. Why just yesterday I read in Burton Blumert’s book, Bagels, Barry Bonds, and Rotten Politicians that I should always avoid privately minted medallions.
I’ll bet he would’ve liked to see a Rothbard as well.
I’ve been using my budding knowledge of Austrian Economics to advise my cousin in his financial life. He was pleased with my performance and short term results and wanted to thank me. I had him buy me the Mises coin, he felt it was inadequate and sent me a check for a large sum of money as well, but boy o boy do I really like this coin!
I can hardly wait for the 5 oz Rothbard Gold Coin and the Keynes 5 cent Wooden Nickel.
@ HL: I lol’ed.
At least Obama already has the (fiat – sic) currency he deserves.
Nice. I think I will get a couple.
I noticed the mugs and stuff, and realized that to call the Mises Money Clip a Mises Money Clip is rather antithetical.
It should be the Mises Fiat Currency Clip, since to Mises, Money would not require a clip. It would be more like a real coin.
Woo HOO!
Except that I only purchase coins for their junk value. Not their numismatic value. Sorry.
Tracy
HM,
.
LOL. Thanks
Tracy,
that’s cool, but these coins have no Numismatic value, their value, in excess of their Intrinsic value, would be coming from the exonumia-sphere..
http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=exonumia
past that, it’s good to see this idea (Coinage) being so well received.
in the future, it could be a good idea to #, discreetly(it could be done on the edge), them, and, as others have suggested, go with other versions..
if We take a page from our own History, here http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=hard+times+tokens , we’ll see that demand for private coinage has, at times, been large.
1/2 oz. Ag and 1 oz. Cu could, also, be worthwhile additions/editions..
HL
the Keynes wooden nickel
Shouldn’t that be the gallon of Moonshine
Nice collectible, granted, but at double the price of the bullion, its hardly a sound proposition as hard money.
Deefburger said: I noticed the mugs and stuff, and realized that to call the Mises Money Clip a Mises Money Clip is rather antithetical.
It should be the Mises Fiat Currency Clip, since to Mises, Money would not require a clip. It would be more like a real coin.
Response: Not necessarily – if we returned to a gold ( or silver or bronze or platinum or any or all of the above) standard, it is almost inconcievable that authenticated reciepts for bullion deposits would not emerge on the open market, particularly useful for large transactions. These would probably circulate at a discount or premium to the underlying metal in direct proportion to public confidence in the reciept’s issuer’s ability to cash the reciepts in on demand. Which is exactly as it should be.
Theres nothing wrong with paper money – its only when government’s grubby paws get into the process that it becomes systemically malign.
http://moneyandethics.blogspot.com/
Monday, October 19, 2009
Private Coinage Ignites A Spark Of Interest In Free Banking!
A tiny little seed like this and look at what excitement it creates! Just imagine the prosperous, imaginative, diverse, and trustworthy times ahead when there is free banking and private coinage and the gold standard as the foundation of the medium of exchange.
Coinage of all types and measurable qualities will reinvigorate cultures yet unify them! Diversity will quickly be evident and it will be highly appreciated and the trustworthiness of gold will cement the peoples of the world together.
In contrast, today’s fiat currencies are counterfeit and they are at the center of the coercive pressures to destroy diverse cultures.
It is time we leave behind the Dark Ages of economics by severing economics from the ego-driven interventionists and from the erroneous empirical methodology that is nothing but ego-driven interpretation.
The new and enlightened age of economics will use the subjective methodology, it will recognize property rights as human rights, and it will carry forward classical liberalism into the future.
Guy semp� communication a lu cet article et l’a trouv� superbe !
I very much appreciated the suggestions in this blog that you share with us…
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