Copper Peace Dollar

The problem is, it is illegal for someone to produce a currency to compete with US currency. That's where the issue is.

If someone wants to trade silver for goods, then that's fine. But, you can't create a currency in an attempt to compete with the national monetary system. It's against the law and has been for a long time.

 

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I feel that people who have educated themselves on the matter, should be able to accept and trade these pieces for anything that is for sale, as a payment system.
It can be private, is what I'm trying to say, and it doesn't have to compete with the government's IOU's. I don't think that the purpose was to compete, more or less than educating people, and forming another way of payment, that agreed with the principles of not using IOU's, and using precious metals.

I get where the US Government is coming from, and also the Liberty Dollar Organization... Touch call to make, and not much room for budging on either side. Ultimately though, the US Government will win, but I still think we will continue to see Liberty Dollars, throughout the United States.

 

Camaro?

The problem is, it is illegal for someone to produce a currency to compete with US currency. That's where the issue is.

If someone wants to trade silver for goods, then that's fine. But, you can't create a currency in an attempt to compete with the national monetary system. It's against the law and has been for a long time. Today 04:46 PM

Camaro if you would like to have this convo in PRWE just PM me I will be there with bells on.

The liberty dollar is a very fine Dollar. The copper's did not come out that great due to planchet issues. Also the second amendment dollar is not part of the liberty dollar organization. They did hire bernard for creating the art work, but they are in no way the same company.

That said T$ the store has been closed until they win their court case. So Liberty dollar is a great place to see the great examples, you will have to find sellers elsewhere. There are plenty of sellers on the bay who sell all types and materials.

 

I don't participate in the PRWE forum. Thanks for the invite though.

 

Well if you know all about the liberty dollar you understand why it would have to be there we discussed it :smile

 

Why don't you understand that I don't post in the PWRE forum. I have already stated that I don't like the original reason for the creation of the Liberty Dollar and I as happy they got shut down...I do however like the design of the coins. I don't feel like discussing it any further than it has been because I don't want to push the forum rules. But, I have no desire to discuss any political issues and thus don't participate in PWRE. Simple as that.

 

Re read the post I did not ask you if you would like to go there to discuss this, after you stated you do not belong. I feel it is sad that you think that about Liberty Dollar. Only because you are ill informed.

It amazes me how willing people are to believe the negative. If you are honorable enough to state your position, it would seem to me you wwould do your homework prior to putting it on public record.

Now I have responded and am willing to let it drop, out of respect of you not wanting to discuss it any further.

 

So guess what I was thinking when I read the title of this thread?

You let me down T$...still a nice coin (token?)


stainless

 

No it is a coin, privately minted.
Here you can find out some information on them (Hopefully most of the info is accurate, as it seemed that way to me when I read it):
http://en.wikipedia.org/wiki/Liberty_Dollar

Here is their website: http://www.libertydollar.org/
(Keep in mind their site is closed, so you won't be able to buy anything, but you can still browse around, and look at some items)

These are some of my favorite coins, and am hoping to get some more in the future.

 

The guy that issued these things....isn't he in jail? Or maybe out on bail?

 

He is presently out on bail. It was the least the government could do after wiping the warehouse and store and confiscating all the gold and silver. Also that right to a fair and speedy trial, yes that is at the governments digression as well

 

I am ill informed eh? Hmm, I think you don't know what the (censored) you are talking about. I know for a fact that what the Liberty Dollar people were doing was illegal...their founder Bernard von NotHaus has been indited for multiple federal crimes due to his actions with the Liberty Dollars. Oh, and for those of you who don't know...he also founded the Free Marijuana Church of Honolulu.

 

For someone that did not want to discuss this you are very opinionated. So because he started a church you have decided his guilt ? Really? As to the indictments they are only paper equal in value to the USD. So camaro please stop before you hurt yourself and if you were as informed as you think you are, you would be rooting for benard.

 

Madoff? He's in the can.....

 

I was just throwing the church thing in there because it is an interesting fact. It has nothing to do with his guilt or his innocence. But, you can't deny that he has been indited for some crimes and it is very likely he will be found guilty. But, you are right. I shouldn't be discussing this. You clearly think I am uninformed and I prefer to not discuss such topics with arrogant windbags. Have a nice day.

 

BYE :smile

 

So...these are illegal right? How does one sell these online? And why would one buy them if they ARE illegal?

Also...the coin says it isn't legal tender..whats the fuss about?


stainless

 

They were never intended to be currency, ever, period. These coins were a way to keep the value of your dollar. These were strictly for barter purposes only.
It was a value for the seller and the buyer, and the only thing illegal, is the misunderstanding of these coins, trying to undermine the american dollar.

 

They aren't illegal to own...but they aren't legal tender. The owner of the company has gotten in legal trouble because they were walking a very ambiguous line. I don't ever remember them stating that they were an alternative to USDs...but they were certainly hinting at it. So, your statement isn't completely correct. They were intended as currency but I don't recall them clearly defining it. That resulted in multiple felony charges. The trial hasn't occured yet, but a non-guilty plea has been entered.

Now, my understanding is (I could be wrong) that the coins minted since the Secret Service raid on the Liberty Dollar facility has been done by a different company. But, I don't know for sure.