The Silver Penny Project: Whoa! This Keeps Getting Better! Steem is Up!

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(Edited)

Follow and Resteem this post within 24 hours and comment below for 0.10 SLVP

SLVP Now Available for UNDER 0.59 STEEM

((([SILVER SPOT PRICE]+[PREMIUM])*0.1808)/25)/[STEEM PRICE]

The Silver Penny Project: A Silver Backed Token

A Steem-Engine token that can be exchanged for historic silver coins! You can purchase real silver with STEEM!

25 SLVP = 1 Historic Silver US Quarter


These are the actual quarters redeemable with SLVP tokens.

Silver is @ $17.64

Silver per Troy Oz is bouncing around in the $17 - $18 range. We may see this break the $18 mark soon!


Updated February 13th, 2020

Keep Climbing! $0.246 STEEM

STEEM is climbing up, almost to $0.25! Keep it going, STEEM!


Updated February 13th, 2020

Silver @ $17.64 USD
STEEM @ $0.246 USD

Every week, prices are adjusted according to Silver/Steem prices + premium according to the above values.

What is the Silver Penny Project?

When silver prices drop, enthusiasts run to their local coin dealer with fiat in hand. But what if you wanted to purchase AG using STEEM? Do you know any silver dealers who accept STEEM? One does... it's the Silver Penny Project!


Actual Redeemable Silver Quarters

Silver Penny
TOKEN: SLVP
INITIAL SUPPLY: 1,000
MAX SUPPLY: 100,000
INFLATION: 0%

The Silver Penny Project:

  • Each SVLP is redeemable for 1/25 of an historic pre-1965 US silver quarter
  • Token selling price is pegged to 0.007232 OZT silver + premium
  • Tokens are redeemable for silver quarters (Redemption Period Has Begun!)
  • Contact @thesilverpenny on Discord before sending any tokens!

Send a minimum 25 SVLP to @thesilverpenny and contact us on discord here for shipping arrangements. We will send a randomly selected pre-1965 silver quarter and mail it to your address. SLVP tokens can be bought and sold in all countries, however silver quarter redemption is available only within the continental US.

Tokens Backed With REAL Silver

This is a great opportunity to easily convert your STEEM into historical "junk" silver coins you can hold in your hands and add to your stack. Dates vary from "unreadable" to 1964. Which silver quarters will you get? Who knows! It's random!

The initial sale will be for 1000 "Silver Penny" tokens (40 Silver Quarters), a full silver quarter roll.

Please considering following @thesilverpenny for updates. If you have any questions contact us on discord.

All token prices are subject to free-market conditions.
https://steem-engine.com/?p=market&t=SLVP

These are the actual silver quarters backing the SLVP token.

Conclusion

I hope this post has been useful in explaining the Silver Penny Project and that you can see the investment opportunity here. This is an easy way to "ride the wave" when silver prices recover, which some predict will be very soon. This token gives you the potential of holding physical silver in your hand, for STEEM. I'd like to chat more, look me up on discord here.

Silver on!

Now Available On STEEM LEO Shop!

SLVP are now available on Steem Leo Shop at a flat rate of $0.15 USD per token. A great opportunity for people who are unfamiliar with Steem Engine and prefer a traditional shopping cart experience.


February 13th, 2020

Posted via neoxian.city | The City of Neoxian

silverpenny steemsilvergold palnet steemleo neoxian upfundme cc oc lassecash
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13 comments
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I would like to Buy more SLVP but before I do I would like to Ask You if You have a Back UP Plan in case Something Happens to you ?? If something happens to you God Forbid There would not be anyway anyone Holding SLVP Tokens would be able to Collect Real Silver in Exchange if You are Not Here........I Hope You can give us a Full Explanation of How We Would be Protected as Investors in Your token in case of a tragic event...........@thesilverpenny

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(Edited)

Excellent question! @stokjockey

The safest way to ensure the value of your SLVP tokens would be to exchange them for the physical silver coins. Like most tokens which are redeemable for a tangible item, in the unlikely (but unfortunate) demise of the issuer, there is no guarantee of exchange. However, the silver quarters are accessible by other people and would be exchanged on demand by them. They have access to the quarters, keys and discord login.

I've limited this initial phase of the project to 40 silver quarters, so the total value of SLVP will never exceed the value of 40 silver quarters . If you were able to acquire all 1000 issued tokens, it would not exceed a value currently $128 USD + numismatic value. (As of February 13th, 2020)

IF you haven't joined already, check out our discord channel:
https://discordapp.com/invite/2AhM2qE

Posted via neoxian.city | The City of Neoxian

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Thank You for Your Response much Appreciated. I like the Fact that You have a Back UP

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Resteemed, Upvoted, and Following. I'm not sure why your account keeps dropping off my following list.

!trdo

Posted using Partiko Android

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Congratulations @thesilverpenny! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 1000 upvotes. Your next target is to reach 2000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Valentine's day challenge - Give a badge to your beloved!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
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As soon as possible I will be purchasing some SLVP with some Steem! Looks like an excellent way to turn my Steem into silver!

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