Auburn, Alabama (LvMI) August 18, 2009 – The Ludwig von Mises Institute is proud to announce the release of their official silver trade medium. This one ounce silver medallion is made of .999 fine silver and crafted with the likeness of the Institute’s inspiration, economist Ludwig von Mises.

The 39mm silver round was designed and is produced under the authority of the American Open Currency Standard with the purpose of making the piece available to the public as an accountable and transparent medium of exchange. The American Open Currency Standard currently hosts a merchant trading network of more than 25,000 merchants across the many States willing to expand consumer purchasing power by accepting payment in AOCS Approved Silver as well as other trade and local currencies.

The striking image of the champion of Austrian Economics, Ludwig von Mises, is featured on the obverse, while the crest of the Mises family is displayed in ultra-high three dimensional relief on the reverse. Minted in proof-like quality, the piece is currently available on the Mises web site: http://www.mises.org in the web site’s store.

Individual pieces are available for the current silver market price plus $7.50. Quantity discounts are available for orders in multiples of 20 medallions, shipped in plastic tubes. All orders of 100 or more are shipped free of charge.

For information about the use of the piece in trade, supporters of honest money are encouraged to visit the American Open Currency Standard website at www.opencurrency.com.