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Man on trial for minting his own currency



 
 
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  #1  
Old March 20th 11, 03:01 AM posted to rec.collecting.coins
Gene85
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Posts: 27
Default Man on trial for minting his own currency


Department of Justice Press Release

For Immediate Release
March 18, 2011 United States Attorney's Office
Western District of North Carolina
Contact: (704) 344-6222

Defendant Convicted of Minting His Own Currency


http://charlotte.fbi.gov/dojpressrel...1/ce031811.htm
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  #2  
Old March 20th 11, 05:34 AM posted to rec.collecting.coins
Frank Provasek
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Posts: 859
Default Man on trial for minting his own currency

This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...
  #3  
Old March 21st 11, 03:33 AM posted to rec.collecting.coins
Little Ricky
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Posts: 4
Default Man on trial for minting his own currency

The paper warehouse notes are nice as well.

http://i575.photobucket.com/albums/s...PCGS66PPQ1.jpg
http://i575.photobucket.com/albums/s...PCGS66PPQ2.jpg


"Frank Provasek" wrote in message
...
This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...


  #4  
Old March 21st 11, 03:51 AM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default Man on trial for minting his own currency

On Mar 20, 12:34*am, Frank Provasek wrote:
This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...


If you could cite the correspondence or interpretive letter(s) where
both the U.S. Secret Service and the U.S. Mint "declared the stuff
legal" some 20 years ago, you could do Mr. Von Nohthaus a very great
favor.

But, we know you can't. Frank the Failed Armchair Lawyer.

oly
  #5  
Old March 21st 11, 04:29 AM posted to rec.collecting.coins
Frank Provasek
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Posts: 859
Default Man on trial for minting his own currency

On Mar 20, 10:51*pm, oly wrote:
On Mar 20, 12:34*am, Frank Provasek wrote:

This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...


If you could cite the correspondence or interpretive letter(s) where
both the U.S. Secret Service and the U.S. Mint "declared the stuff
legal" some 20 years ago, you could do Mr. Von Nohthaus a very great
favor.

But, we know you can't. *Frank the Failed Armchair Lawyer.

oly


http://www.kevinalfredstrom.com/2009...cy-now-a-crime

The Liberty Dollar folks weren’t trying to do anything illegal, and in
fact kept the relevant authorities informed of what they were doing,
even asking them for legal opinions — Claudia Dickens, spokeswoman for
the U.S. Treasury Department’s Bureau of Engraving and Printing, said
“There’s nothing illegal about this.” After the Treasury Department’s
legal team reviewed the currency, she reiterated “As long as it
doesn’t say ‘legal tender’ there’s nothing wrong with it.”


"It’s not counterfeit money,” according to Ron Legan, Special Agent in
Charge of the Seattle, Washington, Secret Service field office.
Amazingly, the Liberty Dollar folks find themselves charged under
statutes intended to prevent counterfeiting — though they never made
any claim that Liberty Dollars are government currency, and they do
not even slightly resemble U.S. coins or bills. Logan investigated and
concluded that the Liberty Dollars are well within the boundaries of
American monetary guidelines. “We determined there wasn’t a federal
currency violation,” he said. Apparently a rogue and politically-
motivated element in the Department of Justice disagrees.



  #6  
Old March 21st 11, 04:55 AM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default Man on trial for minting his own currency

On Mar 20, 11:29*pm, Frank Provasek wrote:
On Mar 20, 10:51*pm, oly wrote:





On Mar 20, 12:34*am, Frank Provasek wrote:


This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...


If you could cite the correspondence or interpretive letter(s) where
both the U.S. Secret Service and the U.S. Mint "declared the stuff
legal" some 20 years ago, you could do Mr. Von Nohthaus a very great
favor.


But, we know you can't. *Frank the Failed Armchair Lawyer.


oly


http://www.kevinalfredstrom.com/2009...cy-now-a-crime

The Liberty Dollar folks weren’t trying to do anything illegal, and in
fact kept the relevant authorities informed of what they were doing,
even asking them for legal opinions — Claudia Dickens, spokeswoman for
the U.S. Treasury Department’s Bureau of Engraving and Printing, said
“There’s nothing illegal about this.” After the Treasury Department’s
legal team reviewed the currency, she reiterated “As long as it
doesn’t say ‘legal tender’ there’s nothing wrong with it.”

"It’s not counterfeit money,” according to Ron Legan, Special Agent in
Charge of the Seattle, Washington, Secret Service field office.
Amazingly, the Liberty Dollar folks find themselves charged under
statutes intended to prevent counterfeiting — though they never made
any claim that Liberty Dollars are government currency, and they do
not even slightly resemble U.S. coins or bills. Logan investigated and
concluded that the Liberty Dollars are well within the boundaries of
American monetary guidelines. “We determined there wasn’t a federal
currency violation,” he said. Apparently a rogue and politically-
motivated element in the Department of Justice disagrees.- Hide quoted text -

- Show quoted text -


No, no, don't stand the issue on it's head with a lightweight throw-
away two-year old blog - you said the U.S Secret Service and the U.S.
Mint said twenty years ago that this Liberty Dollar stuff was
"legal". I don't want some blogger's mental masturbation second hand
from you. I want correspondence, interpretive letters/ guidances from
the U.S. Secret Service and the U.S. Mint.

Anybody can blog anything at anytime, correct or incorrect, and then a
quick 30 second search on a decent search engine can find it. But
you'll never find anything on this matter that binds the feds, because
it was never issued by them in the first place.

The other RCC denizens should go look at the "proof" that Frank
linked. Lightweight, facile piece, throw-away blog stuff. Good
picture of a late-issue Liberty Dollar, however.

Real letters and genuine correspondence from the Secret Service and
Mint on the validity of 'private currencies' (nice euphanaism)??? If
they existed, don't you think that one or more of Mr. Nothaus'
supporters, lawyers or somebody would have presented them in pre-trial
discovery???

Go find something that might have real legal standing, Frank; you're a
regular Fairy Mason.

oly

P.S. Again, there's nothing stopping you or anybody from minting
silver rounds if you want to. But don't put dollar signs on them or
you're asking for trouble.
  #7  
Old March 21st 11, 07:51 AM posted to rec.collecting.coins
Ken Barr
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Posts: 476
Default Man on trial for minting his own currency

In article
,
oly wrote:

On Mar 20, 12:34*am, Frank Provasek wrote:
This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...


If you could cite the correspondence or interpretive letter(s) where
both the U.S. Secret Service and the U.S. Mint "declared the stuff
legal" some 20 years ago, you could do Mr. Von Nohthaus a very great
favor.

But, we know you can't. Frank the Failed Armchair Lawyer.


The first NORFED Liberty paper currency was issued in 1998,
with the first metallic coins following a year later.

http://www.chiefacoins.com/Database/...ons/Norfed.htm

for some detailed background and images.

--
Ken Barr Numismatics * * * *email:
P. O. Box 32541 * * * * * * website: *http://www.kenbarr.com
San Jose, CA *95152 * * Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 * ** NEXT SHOW: Santa Clara, Apr 15-17 table 437 w/Mac's Coins
  #8  
Old March 21st 11, 11:25 AM posted to rec.collecting.coins
oly
external usenet poster
 
Posts: 3,111
Default Man on trial for minting his own currency

On Mar 21, 2:51*am, Ken Barr wrote:
In article
,





*oly wrote:
On Mar 20, 12:34 am, Frank Provasek wrote:
This was absolutely politically motivated. The Secret Service and the
Mint declared the Liberty dollar stuff legal 20 years ago, since it
was one of the MANY voluntary barter currencies in use, and the
designs were totally unlike any US coins, past or present. But once
the Liberty dollar people began to support Ron Paul, and started
talking about honest money, auditing the Federal Reserve, pulling out
the 1/2 million military troops we have in 150 foreign
countries...well, THAT has to be stopped...


If you could cite the correspondence or interpretive letter(s) where
both the U.S. Secret Service and the U.S. Mint "declared the stuff
legal" some 20 years ago, you could do Mr. Von Nohthaus a very great
favor.


But, we know you can't. *Frank the Failed Armchair Lawyer.


The first NORFED Liberty paper currency was issued in 1998,
with the first metallic coins following a year later.

http://www.chiefacoins.com/Database/...ons/Norfed.htm

for some detailed background and images.

--
Ken Barr Numismatics email:
P. O. Box 32541 website:http://www.kenbarr.com
San Jose, CA 95152 Coins, currency, exonumia, souvenir cards, etc.
408-272-3247 *NEXT SHOW: Santa Clara, Apr 15-17 table 437 w/Mac's Coins- Hide quoted text -

- Show quoted text -


Ripping aside all the bull****tae, the whole scheme was to take $3.00
to $7.00 silver and convince the marks to pay $10 "face value" and
later, when the "margins got tight", to pay $20.00 "face value".

This was not a "barter community" nor was it particularly bright for
the buyers to pay $10 for $4 silver, or $20 for $11 silver. The
people who bought the rounds always overpaid in investment terms; they
could have gotten more silver for their money at anytime - even by
buying it from Frank. If the people who bought from Norfed were
helping to make a "political statement", well, that was their right,
but it was expensive.

The Liberty Dollar "distributers" who provided the perp with a mouthy
and appreciative audience presumably paid close to spot price for
their coins and pocketed the difference if they could later find a
mark to pay $10 or $20. If somebody brought one in to one of their
businesses "to spend", well, any competent retail person should have
had suffcient profit margins which made the coin worth accepting.

Others may say in 20-20 hindsight that the buyers did O.K., given that
silver is now $35+.

Unfortunately, had the buyers paid the correct market prices for
silver and not paid the silly "face values" on Liberty "Dollars", they
would presently have more physical silver and more profits.

Now, by their verbage and misrepresentations, the perps of this rather
small-timey scheme have gotten their titties in a big wringer.

You can misrepresent it as the Fed versus the American people, la, la
la, la la. You can represent it as a Libertarian wet dream crushed by
the fascist Corporate America. But it was actually just a small-time
attempt to sell cheap silver at high prices. A petitite con, a ruse.

Again, the DOJ now ought to try to rope in some of the more prominent
Liberty Diollar distributers, especially Dave Gillie of Michigan.

Happily, most of these round Liberty Dollars should hit the melting
pot now, given the high price of silver. The paper will remain as a
sort of monument - you sure can't do anything with it.

oly
  #9  
Old March 22nd 11, 05:33 AM posted to rec.collecting.coins
František Baltiska
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Posts: 6
Default Man on trial for minting his own currency

You Americans think you are free and don't realise what is going on

Check here

http://www.youtube.com/watch?gl=DE&hl=de&v=jl2JQfxnnHU
  #10  
Old March 22nd 11, 01:10 PM posted to rec.collecting.coins
Bremick
external usenet poster
 
Posts: 641
Default Man on trial for minting his own currency


"František Baltiska" wrote in message
...
You Americans think you are free and don't realise what is going on

Check here

http://www.youtube.com/watch?gl=DE&hl=de&v=jl2JQfxnnHU


Gee. All these years and I thought I was free. And I thought I knew what
was going on. Thanks so much for this authoritative youtube video that
removes all doubt.


 




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