$50 Base Silver Liberty Dollars

The one ounce silver pieces have been numbered in the order of release.

Click on any photo for a larger picture.

Silver prices crossed briefly into the $50 base range in mid 2008.  It was there long enough for two $50 base one ounce silver pieces to be released.  They are #58 and #59.  $50 base simply means that the face value of one ounce of pure silver is set at $50 until the Federal Reserve Note price of silver reaches almost $50.  That allows the pieces to be traded at a $50 value without incurring a loss to the trader.  As the value of the green paper printed from thin air by the government/banking complex depreciates (and they deceptively call it inflation), it takes more and more of them to get the ounce of silver (and everything else).  You can expect it to not take too much time before $50 in green paper will no longer get you an ounce of silver.

In the fall of 2008, the banking shenanigans of the last several years came to a head and financial institutions started failing, causing markets to crash and bringing down metals prices with it.  The result, as we all know, was government bailout of criminal bankers with OUR tax money.  This economic fiasco resulted in a return to the $20 base for several more issues (through 2009 and into the fall of 2010), which lasted right up to the court order barring Liberty Dollar from producing any more medallions until the court case was decided.

Subsequent to the court order, other organizations licensed the Liberty Dollar obverse image and produced two more $50 base pieces, which I numbered 69 & 70.  They are included below.  To the best of my knowledge, these four are the only $50 base, one ounce silver pieces to have been produced with this obverse design to date (1/24/2011).