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- Product Details
- Sell Silver to Us
- Contains 1 oz of .999 fine Silver.
- Limited mintage of only 500 rounds.
- APMEXclusive® commemorative Silver round.
- Each round comes in a specially designed box that looks like an old book and includes a certificate of authenticity featuring an extended quote by Adam Smith discussing free enterprise.
- Obverse: Features an artistic rendering of Adam Smith by celebrated coin designer Joel Iskowitz.
- Reverse: Displays a downtown scene with small businesses next to a bank as weighing scales balance the exchange of bread for cash and two hands clasp in a handshake. Two arched arrows enclosing the scene in a circle symbolize trade and the business cycle. All of these images signify free enterprise, the text of which is circumscribed at the top of the round while the metal weight and purity fills out the bottom.
Protect your coins, rounds and capsules from fingerprints by adding these cotton gloves to your order.
Celebrate the ideas of liberty and grow your Silver collection by adding this Free Enterprise Silver antique round to your cart today!
Adam Smith and Free Enterprise
Perhaps the most powerful engine of liberty is free enterprise, often referred to as capitalism, which is an economic system wherein individuals and organizations are free to manufacture and sell goods or services in accordance with supply and demand in a competitive market. Businesses in a free enterprise system are privately owned, run for profit, and prices are established by voluntary exchange within the market rather than by the government.
Adam Smith, a Scottish economist and philosopher, is regarded as the father of modern capitalism. Smith argued that free enterprise is the most effective and efficient economic system because it permits businesses to specialize in producing the goods and services that they are most efficient at, which results in lower prices and higher quality goods for consumers. Smith's influential work, "The Wealth of Nations," made this argument very clear. Smith also asserted that market rivalry, a key component of free enterprise, fosters innovation and advancement.
As the dominant economic system for most of the modern world, free enterprise has brought countless billions of people out of poverty. Yet, in spite of this clear and universal improvement to the human condition, certain ideologues cannot tolerate the reality that all participants don't experience complete equality of outcomes regardless of input. Their murderous ideologies would ultimately have us be equal through enslavement or death. The evidence of history is abundantly clear that free enterprise has been and still is the most effective system for encouraging personal freedom as well as for creating the broadest possible economic prosperity. The ideological alternatives, on the other hand, have consistently manifested deadly and destructive tyranny on an unprecedented scale. Their ideas do not survive on the basis of merit, but rather on their ability to manipulate mass ignorance of concepts such as those expressed by Adam Smith. Dispel some of that ignorance today by spreading these unique rounds as gifts!
Founders of Liberty
Founders of Liberty is a unique series of rounds exclusively from APMEX that celebrate the ideas that make freedom possible. These ideas are depicted with symbolic representations on the reverse of each round while the obverse displays a historical figure who either developed the concept or was chosen as the idea's best representative. These rounds feature prominent voices for liberty, including U.S. founding fathers and the men they looked to for inspiration.
Each release in the series features a collectible limited mintage antique round with a special display box and certificate of authenticity alongside unlimited bullion investment rounds of the same design. These bullion rounds can also be acquired in special tamper-evident packaging, which is a great alternative to the antique display round if its limited mintages sell out before you can order.
We are never more than one generation away from losing freedom. Pass these important concepts on as gifts to the next generation or build your Precious Metal holdings in a format that honors the people and ideas that made such prosperity possible.
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