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Indian1
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 Posted 04/04/2011  11:09 pm Show Profile   Bookmark this topic Add Indian1 to your friends list Get a Link to this Message Number of Subscribers
rjkingston
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 Posted 04/04/2011  11:30 pm  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
I did follow that trial as it progressed. The defendant had the right idea, but didn't really go about it the right way IMO.

Congress has sole power of the mint, but states are specifically given the power to use precious metals as tender. As we've seen this year, a handful of states have passed gold and silver as 'legal tender' laws. Including my home state of Utah.

This guy was privately minting coins and claiming legal tender status. So pros and cons either way.
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tumbleweedtrumpet
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 Posted 04/04/2011  11:30 pm  Show Profile   Bookmark this reply Add tumbleweedtrumpet to your friends list Get a Link to this Reply
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Conder101
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 Posted 04/05/2011  10:45 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
This guy was privately minting coins and claiming legal tender status.

He was making coins but I don't believe he ever claimed they were legal tender.
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vinnycoin
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 Posted 04/05/2011  10:50 am  Show Profile   Bookmark this reply Add vinnycoin to your friends list Get a Link to this Reply
the charges of domestic terrorism and conterfieting seem a bit ridiculous. I suppose if a small group of people wanted to trade and barter using whatever type of currency they wanted, maybe bacon dollars, then I don't see why that would be illegal.

Seems like the govt tried to sweep this guy under the rug, guilty before proven innocent, and stole all his assets.

will be interesting to see if he does get convicted.
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tamshowoff
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 Posted 04/05/2011  10:53 am  Show Profile   Bookmark this reply Add tamshowoff to your friends list Get a Link to this Reply
I could go for some bacon dollars to go with my lettuce and tomato dollars.
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jbuck
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 Posted 04/05/2011  11:41 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
As said, already being discussed here...

https://goccf.com/t/85230
Coin Collector Since 1978Anyone-See-This-?AvatarAnyone-See-This-?Old AvatarAnyone-See-This-?7070Anyone-See-This-?EisenhowerAnyone-See-This-?AustraliaAnyone-See-This-?CanadaAnyone-See-This-?WorldAnyone-See-This-?CCF Members on eBayAnyone-See-This-?CCF eBay Search Engine
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