Quote from: tolstoy on September 11, 2016, 08:38:22 PM

The silver coin project is a great marketing tool for NEM, it will demonstrate our Mosaics with a real world use case.

Bullion tied to a cryptocurrency has a wide appeal, from those in the crypto community to the many silver bugs that stack as a hedge against inflation.
Also the low mintage may interest the numismatic collectors in our space. Trading the mosaic will also help increase the circulation of XEM.
To keep this trustable when redeeming for the physical silver, an escrow (Anon136 or equiv) could be used.

As makoto said:
"In essence, this is creating a silver-backed, fully fungible digital currency. This is similar to the old US silver
certificates, where the holder could redeem them for a silver coin. So here we have an opportunity to launch a
bullion-back currency that is parallel to NEM and lives on the NEM asset exchange! A world first!" https://forum.nem.io/t/nem-silver-coin-for-all-stakeholders/922

The idea is great but I really think its a lack of time from the devs side right now. And it will be quite hard to find a trustworthy external person to manage everything