Follow @thesilverpenny, resteem this post within 24 hours and comment below for 0.10 SLVP

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.
https://steem-engine.com/?p=market&t=SLVP

25 SLVP = 1 Historic Silver US Quarter

These are the actual quarters redeemable with SLVP tokens.

Updated June 8th, 2020

Silver is @ $17.56

Perhaps we'll see a break-through to over $18 again. Hang on tight, here we come!

Updated June 8th, 2020

STEEM is Still Going Strong

Both STEEM and HIVE have been fighting it out to see which one will be on top. It seems HIVE is winning, but time will tell which will be the victor. SLVP will remain on STEEM. If there are enough SLVP sales to allow us to invest in HIVE, we'll give it a shot.

Updated June 8th, 2020

Silver @ $17.56 USD
STEEM @ $0.223 USD

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

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.