"Liberty Dollar" - Torpedoing hard money

Discussion in 'Coin Chat' started by mrbrklyn, Aug 30, 2012.

  1. mrbrklyn

    mrbrklyn New Member

    http://www.firstthings.com/onthesquare/2012/08/banking-on-the-fringe
     
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  3. mmablaster

    mmablaster Member

    He probably shouldn't have designed it so similar to the Peace Dollar. I don't think any of the counterfeiting charges will stick.
     
  4. Bernard von NotHaus not to be confused with Dr. Martin Van Nostrand:

    188194_212831155393655_1877134_n.jpg
     
  5. Conder101

    Conder101 Numismatist

    The trial is long over and the counterfeiting charges DID stick.
     
  6. mmablaster

    mmablaster Member

    Technically, it isn't counterfeiting because he didn't actually replicate existing currency. I'm not sure why they didn't indicate the verdict in the story above.

    "Bernard von NotHaus, 67, was convicted Friday by a federal jury of making, possessing and selling his own coins, said Anne M. Tompkins, U.S. attorney for the Western District of North Carolina.
    After an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and "monetary architect" of a currency known as the Liberty Dollar, was found guilty of making coins resembling and similar to United States coins; of issuing, passing, selling and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy against the United States."

    http://www.courierpress.com/news/2011/mar/19/local-liberty-dollar-architect-found-guilty/
     
  7. chrisild

    chrisild Coin Collector

  8. riff

    riff I ain't got time to bleed

    it used to be that this kind of ambition would get you somewhere in life. now the only place it gets you is into a federal courthouse.
     
  9. chrisild

    chrisild Coin Collector

    An "ambition" that results in creating pieces which look quite similar to government issued money can indeed be problematic. After all, other "alternative currency" models seem to be alive and well ...

    Christian
     
  10. riff

    riff I ain't got time to bleed

    never in a million years would i confuse his coins with us minted coins. then again, i like coins.
     
  11. coleguy

    coleguy Coin Collector

    I believe what they got him on was actively encouraging and producing a competing currency.
     
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