NORFED Founder Convicted Of Minting Liberty Dollars

Doug, this topic (the trial) is nothing but political...it's tough to discuss such a topic without commenting on the politics behind it...no disrespect intended.

The OP's article states...

Do you think the $7 million figure represents the amount of Liberty Dollars already confiscated or do you think the Liberty Dollars held by private collectors are also considered "illegal to own"? :scratch:

 

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I don't like Carr and the games he pulls with the fake crap he makes.

 

Point well noted!! I wonder if Von NotHaus got a warning? I know before the feds busted him everyone and their mother knew he was bordering on trouble, especially when he issued those gold and silver certificates of PM's that were supposedly in some warehouse in Idaho. Anyone know more about the allegations/charges? I'm a bit surprised nobody knows the guy on this forum or at least some of his cronies as he had a huge following and he wasn't the only one who made money off the Norfeds. :yes:

 

L'est we forget...Liberty and freedom, no one talks about this much anymore. :rollling:

 

Well, that's your opinion and your entitled to it. What he mints is far from "crap".

 

Una on Pegasus. :yes:

 

Anyway, sorta knew this going to happen. I like the NORFED coins, and the idea that they would ever "mix" with our standard coinage is ridiculous, and was only used as an excuse to pursue litigation against NotHaus. The very thought that his "dollars" were any type of threat to our greenbacks borders on foolishness. I'm sure the prosecution painted this as a conspiracy to bring down the Federal Reserve. And the jury, in their ignorance, bought it.

 

I wonder if you'll be singing that same tune if he makes the 2009 PR ASEs?

 

Of course I would.. and I hope he does.

 

So do I.

One more counterfeiter headed to the poky

 

I think the gov screwed the guy at trial.

But to try to keep the bullion for the gov is just wrong. Return it to the rightful owners. Waffle the rounds if you have to.

 

That will never happen. Rest assured.

 

Virginia Yes, Utah No.

Utah passed legislation allowing the State to "accept" bullion as a payment form for taxes.

Virginia on the other hand was proposing legislation to "mint" commemoprative coins out of bullion to "sell" and bolster their cash reserves.

Two different things.

One is accepting bullion for is market value as "lawful" payment of debt whereas the other is for "selling" bullion at its market value.

Ref: http://www.foxnews.com/politics/2011/03/03/utah-considers-return-gold-silver-coins/#

"The Utah House was to vote as early as Thursday on legislation that would recognize gold and silver coins issued by the federal government as legal currency in the state. The coins would not replace the current paper currency but would be used and accepted voluntarily as an alternative.
The legislation, which has 12 co-sponsors, would let Utahans pay their taxes with gold and also calls for a committee to study alternative currencies for the state. It would also exempt the sale of gold from the state capital gains tax.

 

These have already been made and sold publically on HSN for $99.00 each. He's currently selling them on his website for $100 each.

And I, personally, don't have a problem with DCARR filling a void left by the shenanigans of Ed Moy. What a Bozo.

 

Just realized there was already a thread on this going - I'm amazed at the comments. Shocked more likely. Creating currency (even if it is worth at or above in PM value) and then passing it off as legit. This is only what they know of and have been able to prove, makes me sick.

 

Actually he wasn't a counterfeiter and that's not what he was charged with at all. Bernard Von NotHaus used to be Chief Engraver at the Royal Hawaiian Mint. He minted his own creation, only problem was the way he did it and nobody should bring in the name Daniel Carr as Carr places Ameros, like 5 Ameros on his creations, not the dollar sign. Using the dollar sign is part of what got NotHaus's axx in a sling. He minted coins with the dollar $ sign, the words dollar, USA, Liberty, Trust in God (instead of In God We Trust); and other features associated with legitimate U.S. coinage and in the eyes of the law that is wrong. Also, his political affiliations didn't help him whatsoever, if you ask me!! He did after all create the Tea Party dollar!! He made the Norfed dollars being sold on ebay, open the link for a free education on the subject!! :thumb:

http://coins.shop.ebay.com/Coins-Pa..._nkw=norfed+&_cqr=true&_nkwusc=norfeds&_rdc=1

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The US government over-reacted IMO, however, breaking the law is breaking he law. He still produced a great looking coin though. I am within a 20 minute drive of Evansville, IN where he stored some of the coins. Wish I could have gotten some of the ones with "Evansville" on them. Not many got out before the government shut him down apparently and they are carrying a very hefty premium on them, at least on e-bay. $800.00 for 1 av ounce of silver. wowsers.

 

Why don't you research the subject a little before you make a statement like that? It amazes me that there are so many "experts" that don't have a clue to what really happened.

 

Jloring - I did research the subject - I work in the financial industry and also with the legal system so it was kind of a hot topic for us. Since you are an expert - please explain to me the faults in my logic. Their was currency that was created by his design which he DID allow into circulation.

Title 18 – 486 makes it illegal to use even an originally designed coin as current money

A federal employee purchased a $10 Liberty Dollar and a $5 Liberty Dollar, NotHaus gave him a list of merchants that would accept the Liberty Dollar in the Asheville area!!

Please 'enlighten me' from you 'Expert' opinion. (p.s. I never said I was an expert, your the one who put those words out there)

I may not be an "Expert" as you said - but I am educated - I suggest the same for you. ( http://www.freedomsphoenix.com/Arti...von-nothaus-bvnh-case-5-09.htm?EdNo=001&From= ) When the smoke clears if he had named the coins something else, called them simply silver coins, left off the $, Dollar and Similar wordage as are found on REAL US currency he could have avoided this whole issue. Do I find fault with private minting or creation of coins? Not at all - but I do have a huge problem when they try to pass fakes on the public.