Royal Silver Company New Coin?

Discussion in 'Silver Coins' started by Elemental, Aug 27, 2011.

  1. Elemental

    Elemental Active Member Silver Stacker

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    Just checking out the site and there is a new round that seems to be for members only.

    [​IMG]

    [​IMG]

    If anyone can get some of these then I'll be up for 2.

    Cheers
     
  2. rbaggio

    rbaggio Active Member Silver Stacker

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    Yeah John aka stella showed some in his recent vid, he received them as interest on his silver bond.
     
  3. dccpa

    dccpa Active Member

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    I was waiting to see what special coin they would come up with. Much better than the Andean Cat, but not near as nice as the Macaw.
     
  4. Elemental

    Elemental Active Member Silver Stacker

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    I really like the Macaws - I think this special coin is actually pretty nice. Mostly I'd be getting it to fill out the collection but it's always nice to like the silver as well.
     
  5. Blippy Whorebucks

    Blippy Whorebucks Member

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    is that the first legal tender coin they have produced?
     
  6. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    The coin above is a new version ( havent seen it before ) of 10 Dirhams -
    A few Malaysian states ( Kelantan & Perak ) have minted theirs.
    Even in the background of the number 1 on the reverse it shows features of the Malaysian flag.

    Also, i think it is 'only' 29.75 grams silver 0.9564 oz asw ( this opinion is based on 1 Dirham = 2.975 grams asw )
    but Royal Silver could have made them out of 1 oz.

    And lastly, the image in the centre of the obverse is the Bismillah, the opening verse from the Holy Quran
    meaning "In the Name of God, The Most Beneficent and The Most Merciful "

    and there is also the year AH 1432

    If anyone has 1 or 2 they would like to sell , than please PM me :)
     
  7. Elemental

    Elemental Active Member Silver Stacker

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    Pretty sure you are right about the weight, I was reading info about the coin and was surprised it wasn't 1 Troy ounce. I've got first dibs on any for sale ;)
     
  8. Maggie

    Maggie New Member Silver Stacker

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    I think it is a coin which is issued when investing in membership. Cost per membership begins at $5000.00 Anyone interested. I will gather more information for you.
    regards Maggie
     
  9. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    Someone mentioned that John ( Stella ) gets them as "interest" on his silver 'bonds' with Royal Silver, which makes me think that Brian got most of the funding from Islamic Banks as Shariah compliant loans ( Otherwise why coin Dirhams ?? )

    The weight of 29.75 asw was the weight of the Dirhams that were minted during the time of the 4 Rightly Guided Khaliphs ( around 700 AD ), and Muslim Scholars have started to slowly remind their followers to return to Sound Money and they also quote a saying of the Prophet pbuh

    Abu Bakr ibn Abi Maryam reported that he heard the Messenger of Allah, may Allah bless him and grant him peace, say: "A time is certainly coming over mankind in which there will be nothing
    which will be of use save a dinar and a dirham."
    (The Musnad of Imam Ahmad ibn Hanbal) ​
     
  10. alor

    alor Well-Known Member Silver Stacker

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    I believe this 10 Dirham will sell better in China, with a Chinese version rather than a Malaysian version.
     
  11. RhythmDoctor

    RhythmDoctor Active Member

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    I would certainly be in the market for some of these. Group buy in the works perhaps? :D
     
  12. Blockhead

    Blockhead Active Member

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  13. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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  14. alor

    alor Well-Known Member Silver Stacker

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    more like 1 world government message? which bring chaos, ordo ab chao

    like the "new world order" silver thing?
     
  15. Diablo21

    Diablo21 Member

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    I was very interested until I saw the price.
     
  16. RhythmDoctor

    RhythmDoctor Active Member

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    same here... let down. :(
     
  17. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    Correct - there are at least 3 issues with the coin

    * First line on top is One Worldly

    * Also the line on the bottom of the coin wouldnt be Shariah compliant imo - To Create, to Preserve, and to Prosper - for creation and preservation are Godly attributes, and it is only He
    that has such powers, and not silver dirhams

    * The price at which the coin is being sold is around $85 which is DOUBLE the price of a 'normal' coin of higher weight/lower purity, and the Ruler who initially commissioned the
    makings of such coins in the 8th Century AD ( this modern 10 Dirham is a modern 'restrike' of that ancient coin ) would himself advised against the purchase of this coin.


    I like it due to the Islamic Calligraphy on the Obverse -
     
  18. XB

    XB Active Member Silver Stacker

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    Agree with all this except your first point - to me it reads as more of a plea for everyone to just get along as we only have one planet and we have to share it.... I didn't read it as One-Worldly at all - maybe that's just me :)
     
  19. nicwinner

    nicwinner Active Member Silver Stacker

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    .99999 silver..........
     
  20. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    Correct again - I read it in the same way as well, however when something that has 2 meanings appears for the mass market, if it has 2 meanings than both meanings apply. Otherwise, they could have restructured the sentence and get rid of one of the meanings - but they didnt

    and mistakes like this dont happen in those places where the decisions over the design are made.

    The message carries both meanings.
     

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