Disagree. I think you are being spun. Upon closer read, these guys tickled the dragon’s tail FAR beyond overcharging for silver rounds. disc: I’m no RP supporter, I’m not a fan of the Fed, I like precious metals as items of enduring value.
Federal Reserve Notes may be items of arbitrary value, but a private “mint” issuing paper “currency” is a black-letter violation of securities laws in 50 states. If one isn’t happy about the Fed/US Treasury debasing the USD, then one cannot be happy about a private mint issuing paper and calling it currency.
Only a fool would accept these medallions or pieces of paper as currency. Since 1862, the only valid currency or coin in the United States has been printed or minted with the express consent of the U.S. Treasury. It is not the business of government to protect fools from their foolishness. If someone wants to accept overpriced disks or paper with unknown value for whatever reason, that is his business. It only supports the adage of P.T. Barnum that a sucker is born every minute.