NORFED's back?

Discussion in 'Bullion Investing' started by jlogan, Dec 17, 2016.

  1. jlogan

    jlogan Well-Known Member

    Been seeing these on Ebay:
    NORFED Dollar Trump.jpeg
    Think its NORFED or another private mint trying to imitate them?
     
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  3. Paul M.

    Paul M. Well-Known Member

    Yeah, it's the same people. I think there are some newer NORFED rounds that have Liberty on them instead of Trump, too.
     
    Last edited: Dec 17, 2016
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  4. jlogan

    jlogan Well-Known Member

    I thought the government shut them down for counterfeiting?
     
  5. Kentucky

    Kentucky Supporter! Supporter

    Counterfeit what???
     
  6. Paul M.

    Paul M. Well-Known Member

    Not really. After they railroaded von Nothaus, they continued to operate but changed the design of their rounds. Later ones say "MSRP $x" instead of having a denomination, and some of them say "Right to Contract" in place of "Trust in God."
     
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  7. Coinchemistry 2012

    Coinchemistry 2012 Well-Known Member

    The government prosecuted Bernard Von Nothaus under the theory that his coins were introduced into the U.S. economy and meant to compete with U.S. currency. The government also argued that the NORFED coins were made in the resemblance and similitude of U.S. coins sufficiently to invoke the counterfeiting statutes (specifcially 18 U.S.C. 485 and 18 U.S.C. 486). The putative similarities included the denomination and the use of phrases close to "IN GOD WE TRUST." Von Nothaus was convicted of, among other things, conspiracy to violate the counterfeiting statutes and of counterfeiting itself.

    Many believe that the prosecution was largely political.
     
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  8. scottishmoney

    scottishmoney Buh bye

    Allegedly some of his followers were trying to spend the coins at the stamped value of the coin as legal tender and coerce potential recipients into accepting them - which was allegedly the impetus behind the charges filed vs. Nothaus.
     
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