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<p>[QUOTE="NorthKorea, post: 1141212, member: 29643"]To everyone who offered thanks, you're all welcome. Just trying to help the community. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p> Hey Guy, I'm not sure how what you said relates to what I posted. The agent said it's completely legal to own the "receipts," as he termed them. Also, to the point of scrips... those have their own law which allows for their existence and distribution. It has to do with being used for a specific purpose as a marker of sorts. I'm assuming it's a similar rationale for why the government chose not to prosecute the notes.</p><p><br /></p><p>As to the question by another member about the coin being spent for gas... if you were the party that accepted the coin for gas, at face value (or whatever NORFed's formula was), then you broke the law. If you purchased the coin from the person who accepted the coin for gas, at previously established value, you broke the law. HOWEVER, if you purchased the coin for the bullion or collector value, then that's okay. At least, that's what I'd think. I really don't feel like calling the FBI just to figure out the multitude of scenarios.</p><p><br /></p><p>As for selling them... again, the Agent qualified his response in saying that he's not giving legal advice, but he said that someone selling them would probably want to have a long disclaimer notice accompanying the sale. My assumption is that the government would look on that situation as one in which you tried your best to assist the government in prevention of distribution as currency.</p><p><br /></p><p>The point that floirdatinman (sic) made about states' decisions to allow bullion for payment contradicting the use of these rounds in commerce being illegal seems a bit misplaced. States aren't saying monetized (with denomination) rounds are to be accepted at face value, rather they're saying that bullion will be accepted in payment. That said, I wonder how state agencies will deal with conflicts that are born from the existence of second-hand precious metals statutes. Just a curiosity... not intending to spur any sort of debate.</p><p><br /></p><p>If anyone else wishes to contact the government officials in charge of the case, the United States Attorney's office number is: <b>(704) 344-6222 </b>. (This is from an official announcement from the Charlotte office -- <a href="http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm" rel="nofollow">http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm</a> -- of the FBI.)[/QUOTE]</p><p><br /></p>
[QUOTE="NorthKorea, post: 1141212, member: 29643"]To everyone who offered thanks, you're all welcome. Just trying to help the community. :D Hey Guy, I'm not sure how what you said relates to what I posted. The agent said it's completely legal to own the "receipts," as he termed them. Also, to the point of scrips... those have their own law which allows for their existence and distribution. It has to do with being used for a specific purpose as a marker of sorts. I'm assuming it's a similar rationale for why the government chose not to prosecute the notes. As to the question by another member about the coin being spent for gas... if you were the party that accepted the coin for gas, at face value (or whatever NORFed's formula was), then you broke the law. If you purchased the coin from the person who accepted the coin for gas, at previously established value, you broke the law. HOWEVER, if you purchased the coin for the bullion or collector value, then that's okay. At least, that's what I'd think. I really don't feel like calling the FBI just to figure out the multitude of scenarios. As for selling them... again, the Agent qualified his response in saying that he's not giving legal advice, but he said that someone selling them would probably want to have a long disclaimer notice accompanying the sale. My assumption is that the government would look on that situation as one in which you tried your best to assist the government in prevention of distribution as currency. The point that floirdatinman (sic) made about states' decisions to allow bullion for payment contradicting the use of these rounds in commerce being illegal seems a bit misplaced. States aren't saying monetized (with denomination) rounds are to be accepted at face value, rather they're saying that bullion will be accepted in payment. That said, I wonder how state agencies will deal with conflicts that are born from the existence of second-hand precious metals statutes. Just a curiosity... not intending to spur any sort of debate. If anyone else wishes to contact the government officials in charge of the case, the United States Attorney's office number is: [B](704) 344-6222 [/B]. (This is from an official announcement from the Charlotte office -- [URL]http://charlotte.fbi.gov/dojpressrel/pressrel11/ce031811.htm[/URL] -- of the FBI.)[/QUOTE]
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