Anyone can lawfully make, buy or sell investment grade bullion silver rounds. We go a step further with a very special form of silver bullion for teaching others. We have denominated our silver in time value, for practical understanding today or tomorrow. The limited nature, the built in lessons, and the highly unique design of our bullion round creates an added collector's value. Our acceptance of RPH at our own location more correctly renders RPH to be a token.
18 U.S.C. § 486 – Uttering coins of gold, silver or other metal
Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title or imprisoned not more than five years, or both.
"Can't I buy 1/10th ounce coins/rounds in other places, like coinshops or at a bullion dealer?"
Yes, but there is no other place that we know of that offers usable silver tokens for sale. You will see that there are only about 5 different designs of 1/10th ounce generic silver rounds online or in coin shops and the mint quality and level of interest, or uniqueness, are left wanting.
We wanted a time-denominated collector quality 1/10th ounce round, and to satisfy our own standards, we had to make it. Most bullion dies are made without a plaster sculpt resulting in a much lower amount of detail, easier to counterfeit, yet lower cost to make. We didn't want to compete in that market, so we opted for the high road, with a highly detailed unique design.No other company has put an entire world map on a 1/1oth ounce silver round. We also are the only maker of time-denominated silver bullion. This alone sets us above the rest.
The generic silver bullion is not compatible with the RIVERPASS TIME EXCHANGE structure, and therefore, not exchangeable among RIVERPASS retail partners. So, other bullion rounds may contain the same amount of silver, yet are not currently usable outside of a coin shop. The added usability, attention to detail, and uniqueness of our silver tokens are why they are valued higher than bullion rounds.
Are there any other benefits to owning physical silver?
New uses for silver in the health industry are being discovered at a steady pace. Yet we have known for centuries that a silver coin will keep a pitcher of milk or water from spoiling for much longer than without it.
Silver is naturally antiviral, antifungal, and antibacterial. A silver coin placed over an open wound can ward off infection. Nano silver air filters, silver lined medical tubing, and silver plated surgical equipment are all currently being realized as medical breakthroughs in their own right.
Silver is also the best conductor of electricity on earth, surpassing even gold. This is one of several reasons that silver has no equal substitute in the world.
So it is safe to say that silver provides many benefits to those that physically have some in their posession. In addition Colloidal silver can be readily made from bullion silver as well.
"Whats up with the actual designs on the RIVERPASS 1/10th oz. silver round?"
The front of the ONE HOUR round is the crest in circle design. The crest features two heraldic wolves and an oak tree.
The wolves could represent Rogue River and Grants Pass, the two cities within the Riverpass Time Exchange. With the Oak tree representing the Riverpass between them.
It has been proposed, albeit informally, that the description above can be scaled out to represent the proposed state of Jefferson, with the wolves, that are Oregon and California, clawing at the fruits of the oak that is Jefferson.
It has been further argued that the two wolves represent time and energy, both clawing at the four fruits (acorns) of life in health, wealth, family and friends.
On the obverse, or 'back' of the round, is a map of the earth 'as it is' showing that our silver tokens are valued everywhere in the world. This is a little small for a functional map, but in case anyone wants to try their hand at it's practical use, the scale is 1 millimeter = 2118 Kilometers. Good Luck!
"How does a person actually use an HOUR in a store or restaurant?"
When you are ready to pay for goods or services in a Riverpass Time Exchange retail partner shop, simply divide the dollar amount you owe by the HOUR value, and hand over that amount of RPH to the clerk.
Any fractional amount over the whole RPH can be paid with a seperate card or cash, or you can over pay with RPH by rounding up and receiving the change as store credit.
The shop employee will take your RPH and input them into their system as a returned item in their inventory, to which the customer has been issued the dollar value in store credit.
So it is very simple on our end; We require no electricity, no cards, and no interface device.
"What's up with the other products that RIVERPASS has online?"
We always keep an eye out for quality products that are made in the USA.
All Riverpass merchandise is backed by a quality guarantee.
We only offer product that we use for ourselves. In fact, the products we carry are a direct result of not finding what we wanted in the existing marketplace. So you can be sure that any RIVERPASS product you enjoy, is unique and made with the highest standards of excellence.