Precious metal composite useful as a medium of exchange
AssigneePure Grains of Gold, LLC
InventorWalter Reddy
Life of this patent
Estimating the term…
Abstract
A medium of exchange that is not separated from the backing item of value, has variable value and authentication protections sufficient to retain the trust of consumers is formed as a laminate having a backing layer and a precious metal foil layer. The precious metal foil layer has a predetermined weight and the laminate is dividable into multiple portions each one of which is a determinable fraction of the predetermined weight. An authentication seal is formed in an obverse side of the instrument and each one of the multiple portions contains indicia on a rear side thereof identifying the determinable fraction.
Claims16
A medium of exchange, comprising:
- a laminate having a backing layer, a precious metal foil layer, and an adhesive layer, the adhesive layer disposed between the backing layer and the precious metal foil layer, the adhesive layer including an adhesive bonding the backing layer to the precious metal foil layer, the precious metal foil layer having a predetermined weight,
- wherein said laminate is dividable into multiple portions each one of said respective multiple portions being a determinable fraction of the predetermined weight;
- wherein one of the length and the width of the backing layer is larger than a length and a width of the precious metal foil layer whereby the laminate is divided into a memo portion that is devoid of the precious metal foil layer and a precious metal portion including the precious metal foil layer;
- and
- wherein the backing layer is covered with a writeable layer, the writing layer bonded to the adhesive layer.
A booklet containing a plurality of mediums of exchange, wherein each one of said mediums of exchange comprises:
- a laminate having a backing layer, a precious metal foil layer with a protective coating overlying said precious metal foil layer, and an adhesive layer, the adhesive layer disposed between the backing layer and the precious metal foil layer, the adhesive layer including an adhesive bonding the backing layer to the precious metal foil layer;
- the precious metal foil layer having a predetermined weight, wherein said laminate is dividable into multiple portions each one of said respective multiple portions being a determinable fraction of the predetermined weight;
- one of the length and the width of the backing layer is larger than a length and a width of the precious metal foil layer whereby the laminate is divided into a memo portion that is devoid of the precious metal foil layer and a precious metal portion including the precious metal foil layer;
- an authentication seal is formed in an obverse side thereof;
- and
- each one of said multiple portions containing indicia on a rear side thereof identifying said determinable fraction
- wherein one of the length and the width of the backing layer is larger than a length and a width of the precious metal foil layer whereby the laminate is divided into a memo portion that is devoid of the precious metal foil layer and a precious metal portion including the precious metal foil layer;
- and
- wherein the backing layer is covered with a writeable layer, the writing layer bonded to the adhesive layer.
Dependencies are inferred from the claim text.