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<p>[QUOTE=&quot;Copper Head, post: 1227887, member: 26489&quot;]New York Sun</p><p>July 14, 2011</p><p><br /></p><p>Just before we get into the burgeoning scandal of the presidential coins, let us review the facts in respect Bernard von NotHaus. He is the man who is facing the possibility of years in prison after being convicted in Federal Court in March of the felony of counterfeiting because he issued a coin, called the Liberty Dollar, that is made out of silver. We’ve issued two editorials about Von NotHaus, one in March and another in June. He may yet be sentenced to years of prison even though his silver medallians kept their value while the the paper money being issued by the Federal Reserve has been plunging. In terms of Federal Reserve notes, Liberty Dollars are worth much more than when Von NotHaus issued them.</p><p><br /></p><p>Now feature the latest news out of Philadelphia, where, according to ABC News Radio, it turns out that the United States Mint has been cranking out something it calls “$1 Presidential Coins” even though nobody wants them. ABC reports that these “manganese brass dollars have proven unpopular with a public that prefers paper.” The mint is now scrambling to find a place to store the slugs. It reports: “ABC News went to one such storage facility, the Federal Reserve in Baltimore, where the coins are in plastics bags and cardboard boxes, stacked one on top of another, creating several aisles of presidential coinage worth millions of dollars.”</p><p><br /></p><p><a href="http://www.nysun.com/editorials/the-presidential-coin-scandal/87425/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.nysun.com/editorials/the-presidential-coin-scandal/87425/" rel="nofollow">Read Story Here</a></p><p><br /></p><p>Yea, we could use another billion or so of these things.[/QUOTE]</p><p><br /></p>

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