The Front Side of the Instrument

[lorne]

When your first thought after getting stiffed by a dealer is to contact the admin of an internet forum you've never met. Yeah it does sound like the guy is trolling you David.

But for the sake of argument, let's say he's legit. I assume the point of the exercise is to purchase gold/silver with lawful money, with highest title; to own it outright without any claims, liens or encumbrances. A suitor would be writing checks against a lawful money account, an account that contains only lawful money made obvious by the non-endorsed checks deposited into it, the novated signature card, or Notice and Demand on file with the bank (or US Treasury)- "all transactions are demanded in lawful money per 12 USC 411". Therefore if you are buying gold/silver with funds from this account then the escapade with the front of the check is not necessary. You've already made your demand; your work is done. David is right - It is not your domain to choose whether the company wants redemption or not. Maybe the gold/silver dealer happens to enjoy paying taxes that some of us easily avoid by redeeming lawful money.

Yes you can also buy your precious metal with a cryptocurrency (like bitcoin) that has nothing to do with the Federal Reserve or central banking and own it outright. I've done that too.