From: <[EMAIL PROTECTED]>

> Salutations Mr. NotHaus!
>
> Have you ever considered a warehouse receipt denominated in grams
> of e-silver or e-gold? I am surprised no one else has started to
> do this. I know there is a markup for minting your own coins but
> 10 USD for 1 ounce of silver still seems a bit steep to me.

Excellent idea.  $10 silver always seemed a bit steep to me too.

Plus, the whole idea of denomination in dollars is a hindrance.  It's a
hindrance now with silver at $4.86, and it will be a hindrance when silver
is at $20.00.

I understand the rationale, though.  Merchants understand $10 easily, but 31
grams is a new concept to them.

-- Patrick


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