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In practice – how might this work?

Since there’s trust that a twenty paper money promise (like a £€$20 note) is good for £€$20 of goods or services, which in reality is a constantly varying metric given that central banks allow their fiat currencies to float freely up or down in international value and trade.

Silver bullion UK and USA Minted coinage also floats freely in spot silver and various traded markets. Therefore the varying valuations can not be disputed i.e. they vary on any given day, dependant on a wide variety of factors including things such as simple emotions of the buyer/seller.


Let’s assume todays silver spot price is $18 / £14.20
SilverHubs sets a suggested valuation for a current year 1 ounce .999 silver bullion coin at spot + 10%  = $19.80  (in a UK example spot £14.20 + 15% = £16.33)
An item sale price is $19.95, merchant/trader values the Silver bullion coin at 19.80 and then gives $0.15 credit or cash change.  a simple silver transaction

SilverHubs silver valuations linked to:
A/ The global spot market
B/ The local parameters inputted by the merchant, within agreed perimeters i.e individual merchants may favour a certain range of coins, years, or quantity and adjust their trade premium accordingly within the recommended spot +10-20% premium.

What do merchants / stores / traders / shops do with the silver bullion they accept as payment?
A/ Re-issue that same silver bullion in another customers change at the same agreed value.
B/ Re-issue it in change at a higher value, thus their gross profits may be adjusted accordingly when they balance accounts.
C/ Cash it in to a bullion coin dealer at any given amount

Buyers can access live silver bullion prices on their phone and get a live bid for their silver coins in exchange for goods. At the point of sale they can simply opt to pay with their silver or any other form of accepted payment, i.e dollars, bitcoin, PayPal, Apples etc

Sellers would still have received the same $£  amount in monetary value and that’s how they might account for their transaction, at the same asking/sale price. They would be free to cash their silver bullion, i.e. USA Eagle dollar, UK £Pound Britannia etc just as they would the $£20 in notes.


In effect you take control of your own finances and become your own central bank! using money which is actually backed by something physically real; hard work, energy which has mined a unit of monetary value which is both precious and limited in supply. (unlike fiat paper debt based currency)

In the case of a similar scenario in the United Kingdom, using a Britannia £2 legal tendor silver bullion coin, since the coin is legal tendor UK money, their is no capital gains to account for, it is simply a transaction at the agreed monetary exchange for the amount given.  A merchant could record their sale amount in the usual way appropriate to their own accounting procedures.


Is using silver bullion coins fair for both buyers and sellers?
In the above scenarios yes because; 

The owner of the 1oz silver coin may be receiving several benefits like: 

  • convenience of using their silver to pay for goods
  • received $19.80 US or £16.33 UK that being a fair price compared to the costs and time involved in locating and trading the coin elsewhere
  • feel good factor of using solid silver, real historical money which is no-one elses liability, i.e it has no associated debt or counter party risk

The receiver of the silver coin receives a fair trade because

  • They have accessed an extra source of happy customers
  • Had a more direct and personal transaction with their customer
  • Received a fair value unit of $ or £ value for their services
  • Hold a unit of value which has no associated liabilities, no debt, it is fungal easy to re-exchange and has a variety which can not readily be inflated by outside entities, i.e it’s always an ounce of silver.
  • Has the ability to retain value and future buying power

Both sides of the transaction get fair value and a real life pleasant trading experience just has the founding principles of monetary exchanges intended, using gods money which is given by the land and worked for with a real life physical labour i.e the silver holds a value of energy, unlike digital currencies which are created by computer key-strokes!

SilverHubs trade network

USA & UK stores, shops, tradesman, merchants that accept silver coins for payment – please get in touch and join the Trade SilverHubs if you are interested in being included in the  program to benefit from enhanced customer awareness for your business.


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