October 8, 2013 – Since its recent foundation in 2012 the Dallas-based Mulligan Mint has released rather peculiar coins for collectors and individuals. The company aims at ‘alternative’ clients from whatever political side that are lured with catchphrases like liberty, anti-government and so on. A medal like the paraDIME is promoted that it ‘can also function as an alternative currency should the U.S. dollar continue its decline.’
The mint offers also a ‘Bitcoin Coin’ as hybrid currency, or the Deluminati coin series that ‘repudiates the entire paradigm of a central bank-issued paper currency given legal tender status by the government.’ As the webshop states this series ‘says no to inflation, crony capitalism and all-powerful government and yes to individual liberty, economic independence and opportunity’.
However, now the mint has run into serious problems since a portion of a $1.4 million silver shipment is missing – 71,473 ounces to be precise – and no one knows where it can be. The 25-worker company has filed a Chapter 11 case to stop the supplier Republic Metals suing the mint over the missing silver. A bankruptcy judge is working on the case.
This is the website of Mulligan Mint.
And here you can read an article on that case.