6500 Obama Rounds and 5000 oz. of Academy bars
(At Bullion Prices!)
Silver Stock Report
by Jason Hommel, February 3rd, 2009
6500 Obama Rounds & 5000 oz. of Academy bars
At auction tonight at www.seekbullion.com, at 7PM
6500 Obama Rounds now at Bullion Prices: $2/oz. over spot.
5000 ounces of 100 oz. Academy Bars at $1.25/oz. over spot.
Payment method is ONLY by Wire Transfer, due next
day, in US dollars, from a US bank.
The auctions are very well
explained now, in each listing. Our details and help guides, and
customer service procedures are now quite solid, with 100% positive
feedback from over 100 customer orders.
Our Obama Rounds initially
sold for $25 each at http://silverobama.com/, and up to $50
per coin at ebay.com, yet these are now being offered for $2/oz. over
spot. GREAT for re-sale!
Some people are wondering why I
decided to have any Obama rounds made. Yes, we had these coins
designed. Initially, I was reluctant, I had to be talked into
it. Obama is a popular man, world wide. I thought I would
not be able to market these, because my readers generally were not
supportive of Obama. I know the sentiment of most of my readers
because I have received hundreds of negative emails about Obama
and very few, if any positive ones. I may not be capable of
successfully marketing these rounds. But I wanted something that
would be good for my readers to buy, something that they could easily
re-sell. I hope I have succeeded.
Politics can be a very
emotional issue for many people. The Obama round was not meant to
support, nor detract, from of any policies or politics of Obama. In
actual fact, silver itself is the Achillee's Heel, the weak point, of any
system of unbacked paper money. Thus, the coins are designed to help
Obama see the necessity of silver, as it would be ironic if he were to ban
coins containing his own image. Ironically, he may do just
Bloomberg reports "White House
Lawyers Seek Limits on Commercial Use of President "
the OBAMA rounds may end up being limited in production. Get
them while you can.
THE 2009 COMMEMORATIVE
SILVER BULLION MEDALLION
The medallion is made from 99.9% (or "triple nine") fine
silver and weighs one troy ounce. Silver rounds in this format are
regularly traded and recognized by coin dealers, bullion dealers and
precious metals investors around the world.
Medallions are uncirculated condition, brand new
Front (or obverse): Image of Barack Obama and text
Back (or reverse): text 'BARACK OBAMA / ONE TROY OUNCE
/ 999 FINE SILVER'
This is the FIRST Obama "bullion" round available.
Other Obama silver coins sell for outrageous prices, $50-100 each!
Other non-bullion Obama medals for $9.95 are brass,
and not silver.
Colorized "Silver Eagle" coins for $50 are not struck
with Obama's image, but only painted.
California street artist "Eddie" was commissioned to create the 2009
Obama medallion design, after his unofficial posters and t-shirts
promoting Obama's 2008 campaign reached national audiences. "Eddie" began
wheatpasting his iconic Obama FORWARD image in public spaces around
the San Francisco Bay Area nine months before the 2008 general election.
As Eddie's street art began appearing on blogs and internet posts the
image caught the attention of Yosi Sergant, the publicist behind shepard
Fairey's Obama HOPE Poster. Eddie was invited to participate in the
Manifest Hope show in Denver at the 2008 Democratic National Convention.
He was interviewed by the L.A. Times and continued pushing the Obama
Agenda until the very day of the election. Eddie explains his motivation
behind the Obama street art: "This election was too important to sit on
the sidelines and watch, I needed to participate. I could've gone to
volunteer at the campaign and make calls, but that's probably not the best
use of my skill set, I think I'm better at image making."
Eddie's Obama 'FORWARD' image appears on the front page
of the Los Angeles Times website, January 15,
More about "Eddie" and his Obama street art:
Eddie quoted in the L.A.
Obama Art Report spotlight on
Obama Art Report video abut
SF Examiner covers Obama Art
Animal New York shows Eddie's
many more Obama images at
I wanted to share this week's commentary by Miles Franklin, explaining why inflation is the biggest threat right
now and in the very near future: