SteemSilverRound represents a groundbreaking initiative that merges the digital realm of cryptocurrency with the tangible value of silver. At its core, SteemSilverRound involves the minting of physical silver rounds (coins) that are intricately designed and engraved with Steemit-themed artwork. These silver rounds serve as a unique representation of value, combining the intrinsic worth of precious metals with the innovative spirit of blockchain technology.
The project aims to create a tangible connection for Steemit users, allowing them to own a physical asset that embodies their engagement and contributions within the Steemit community. By holding a SteemSilverRound, users possess a piece of history that symbolizes the fusion of traditional and digital economies.
The idea was created by @sevinwilson for a commemorative silver coin that would embody the essence of #steemsilvergold. This 2017 winning design was created by the talented @bearone and was the start of the SteemSilverRound.
SteemSilverRound 2018 was the winning design created by the talented @welshstacker. Design and symbolic representation of the Steem community. "Communi-Tree"
SteemSilverRound 2019 was the winning design created by the talented @edxserverus, to the delight of coin collectors from all over the world
I was missing a coin in my series and was lucky enough to purchase it for my collection. I hope that the community could wish for another round of SteemSilverRound for 2024/205
Could you imagine a steem coin for 2024/2025?
At the time of writing, the wox community has 24,700 subscribers, and I want to celebrate when we hit 25,000 subscribers
In that connection, I will soon come up with a new post where it may be possible to win a steem silver coin from 2018 as a prize for our wox members (Rules coming soon) Stay tuned in the future
@welshstacker might be able to tell us a bit about the value or collector value of the 2018 coin.
cc: @pennsif
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@welshstacker has recently considered whether we could have a new Steem Silver Round...
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Unfortunately, without the driving force of a community behind it, iys highly unlikely to get off the ground.
The initial outlay ($$$) is far too high with the risks associated of not being able to sell them.
We were lucky with the steemsilvergold/silvergoldstackers community in that initial funds were raised by the community, and taken off the final price. Plus we knew we could sell 1500 coins.
1500 coins today would equate to around $55,000!!!
If we could somehow get @steemit / @steemcurator2 etc to fund, id be more than happy to manage the logistics on their behalf. But I cant afford to take this on by myself.
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This means that each coin will have a selling price of approx. 50 dollars + shipping.
If the largest local communities in steemit join together, it may be possible to make this happen. An account can be created where several trusted people have keys to which pre-paid orders are paid. But it can be difficult with the price of steem/SBD.
The best thing is if it could be pre-paid with USDT. @pennsif do you have any ideas
Maybe The Steemit Team @steemcurator01 can come up with some ideas for this.
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Getting some idea of how many people would buy them would be the starting point.
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The more we make, the cheaper the end oroduct becomes.
While price of silver is fixed at the current spot price (£26/$32usd) and we cant do much about that, we can shop around for a mint that would be willing to produce our coin and negotiate over their fees.
One of the biggest initial outlays would be the manufacturing of the dyes needed to press the designs into the coin. These arent cheap!! It takes a lot of man-hours to make these. A plus sidenis that we then "own" these dyes to keep and use indefinitely. You can even auction off them to help subsidise the final price of the coins.
As @pensif said, the first thing to do is find outnif there is an actual demand?? My guesstimate would be, we would need to guarantee 1000 sales to make it logistically worthwhile.
Ill get a post out later with some ideas and what not
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I have received a pre-order with a total of 16 coins if there will be a new SteemSilverRound
cc: @pennsif @welshstacker
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That is a good start!
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16 down, 984 to go!!
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1000 might be tricky.
Do you know how many were minted for each of the previous Silver Rounds?
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1500 pieces
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I do remember seeing these, a long time ago. I always felt it was a great idea, especially as an annual issue!
With modern laser engraving (as opposed to needing an actual coin die made), the cost over the silver value has come down quite a lot in recent years.
I'd certainly be interesting in owning one. Or several.
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This is really a massive update forward I must truly confess
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That sounds so great looking forward to it #Wox for community of the year 💯🥳
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This is a very good initiative, i remembered then when a competition was made that you have to win steem silver, it was very competitive and interesting i was also lucky after voting by the community as well, i won silver them and was send to me here which i received in mail that year, its good idea if community could be seeing it from this view it could enhance and promote Steem more...
Thanks for sharing.
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I remember the contest held by @papa-pepper and you won the silver coin
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Yes you remember very well.. 😃😃...
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I love the Tree of Life symbolism.
Is it possible to buy this coin now?
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You can find the coin i designed on ebay occasionally. There were 1500 coins minted and sold, so tjere are a few of them out there.
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... and their price goes up year after year.))
I like the symbolism of the tree of life coin. On the one hand it is not rare, but it is a strong sign.
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I've always loved the idea of owning a STEEM coin. $50 is a big outlay but I'd probably still go for it.
I'll keep an eye out for a post by @welshstacker later.
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It would be something new and exciting for everyone to have another round.
How many coins were created per design in the past?
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1500 hundred pieces
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Bring it on!
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Let's go! I'm sure the next design will be even more exciting than the previous ones.
I'm a huge coin collector, with some of my coins dating back to the 1700s and 1800s. Is there a chance I could purchase a Steem coin to add to my collection?
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It would be great to have a physical coin with the Steemit emblem, more than an economic value, for me it would be worth more for the sentimental value.
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Sería interesante ver una moneda acuñada para el añon2024-2025 donde se refleje el resurgimiento del valor del Steem luego de estas duras batallas para mantener a flote su precio en los mercados.
La comunidad Steem ha hecho una valiosa labor para mantener a flote este proyecto que ya cumple 7 años.
Me encantó ver esta colección.
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This really sounds so great to hear. I love this types of contest and initiative. It actually helps to promote interaction in the community. I am so sure we will hit the milestone soon
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This post has been featured in the latest edition of Steem News...
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Thank you @pennsif
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It is a cool idea to get the community going. However, logistics might be a bit tricky. For example, getting any valuable metals to India attracts customs here and if that was paid for in crypto, that brings in more heat(Yes, we've got crappy laws on crypto). Might be a problem specific to India though.
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