
Example of a medallion. Photo by Maria Kovalets on Unsplash
The King Of Oregon Hill announced plans today for the striking of a royal commemorative medallion that celebrates the Oregon Hill neighborhood and the establishment of the inner micronation of Burgeria. It will hopefully be released later in the year.
The final designs have not yet been completed. The materials, composition, and the exact number of copies to be produced has not yet been decided. But the round medallion will be something to collect and behold, and will eventually go on sale online as a collector’s piece on the OregonHill.net website.
That said, the King is adamant that this release will NOT constitute currency or money. Nor will it include his signature, in order to avoid any confusion or ire from the United States government. The primary difference between a coin and a medallion is that coins are government-issued legal tender with a specific face value, whereas medallions are privately produced, non-monetary items used to honor, commemorate, or decorate.
Under Article I, Section 8 of the U.S. Constitution, the U.S. Congress holds the exclusive power to “coin Money” and “regulate the Value thereof”. While Congress authorizes the creation of money and sets its value, it has delegated the operational responsibility for regulating the money supply to the Federal Reserve, established under the U.S. Federal Reserve Act of 1913.
The King went on to say, “At this time of growing war and turmoil from the United States, I have no interest in challenging or contesting with the U.S. government over this authority, despite watching how its own elected President, a disgusting conman, wantonly abuses this same authority and ultimately risks insolvency.”