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Thread: On Trial Right Now: Someone that tried to introduce a competing currency to the Fed.

  1. #11
    Quote Originally Posted by Sovereignty View Post
    I thought the Spanish coined the term 'Dollar'?
    The Germans did.
    Descends from the town Jocamisthaler where silver was mined and minted. This is about 16th century.
    There is also the Spanish milled dollar. The world's first international currency if you will.
    The concept of the American dollar is heavily influenced by these sources.
    Last edited by shikamaru; 03-20-11 at 03:41 PM.

  2. #12
    stoneFree
    Guest
    Yes; you're both right.
    In Bohemia, a part of the Holy Roman Empire then controlled by the Jagellonian monarchs, a guldiner was minted ... that was named the Joachimsthaler from the silver mined by the Counts of Schlick at a rich source near Joachimsthal (St. Joachim's Valley, Jáchymov) (now in the Czech Republic) where Thal (Tal) means "valley" in German. Joachim, the father of the Virgin Mary, was portrayed on the coin. Similar coins began to be minted in neighboring valleys rich in silver deposits, each named after the particular 'thal' or valley from which the silver was extracted. There were soon so many of them that these silver coins began to be known more widely as 'thaler'. From these earliest 'thalaer' developed the new Thaler – the coin that Europe had been looking for to create a standard for commerce.
    http://en.wikipedia.org/wiki/Daalder
    As silver flooded into the European economy from domestic and overseas sources, Thalers and Thaler-sized coins were minted all over with equivalent coins such as the crown, daalder from which the English word "dollar" is derived, krona, and from 1497, the Spanish 8 reales piece was minted - a coin which would later become known in some parts of the world as the peso. Indeed, in England the word "dollar" was in use for the Thaler for 200 years before the issue of the United States dollar,

    As this Spanish 8 reale coin (left), more commonly called Piece of Eight (8 bits), was popular at our nation's beginning it became the basis of our silver dollar, sharing the same size & weight. The first coinage Act (1792) states:
    DOLLARS OR UNITS--each to be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver.
    http://www.constitution.org/uslaw/coinage1792.txt

  3. #13
    The key to wealth in hard money is weight or ounces.
    Numismatic value is of no value unless one is a dealer, broker, or seller of coins.

  4. #14
    http://news.yahoo.com/s/ap/us_liberty_dollars_raid

    "Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism," U.S. Attorney Anne Tompkins said in a statement after von NotHaus was convicted.

  5. #15
    http://www.21silver.com/?show=mandal...ng_for_muggles

    From the article: Additionally, the par value of a dollar is why the 'liberty dollar' people are going to jail. When silver was under $10 they used to pawn off an ounce of silver for $10, way above the market price. Now that silver is well over $10 do they still put a ten-dollar denomination on an ounce of silver or do they try to swindle more? Who do they think they are, the Federal Reserve? I think it's no less crooked. They think they can get people to use "liberty dollars" for more than the price of the metal.

    The current denomination of the silver liberty "dollar" is $20 while silver is trading around $14... I can buy a nice new shiny silver dollar with the attestation of weight and purity from a sovereign government for less than $20, why would anyone buy a "liberty dollar" from a brand new mint nobody has ever heard of for such a premium?

    But their real problem is because they issue a one ounce gold coin with a face value of $1000 when they have no lawful authority to do so since the government does not have to accept the one-ounce gold 1000 liberty "dollar" coin for payment of $1000 in taxes. Additionally, the United States government does not certify that the VALUE of the coin contains $1000 worth of gold which is over 23 ounces (1000/42.2222) par value. This is what is really getting them in trouble.

    If they had minted coins or bars and did not represent them as dollars just like Credit Suisse, Johnson Mathey, Englehard or anyone in that business does then they would not have had a problem. The sad thing is that they had a good business plan but were too ignorant to carry it out since Credit Suisse will not let me spend my warehouse receipts with other members on the website and will only buy them from me with government money. If they minted a one ounce gold coin and called it "1000 liberties" or anything else besides dollars then they would not have had any problems.

    I'm still trying to get this myself, so if anyone here can make it clearer?

  6. #16
    von Nothaus was on talkshoe twice this week. Robert Fox offered help but nothaus was rather arrogant. Angela's My Private audio and the county grand jury call.

  7. #17
    Senior Member motla68's Avatar
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    Quote Originally Posted by osbogosley View Post
    von Nothaus was on talkshoe twice this week. Robert Fox offered help but nothaus was rather arrogant. Angela's My Private audio and the county grand jury call.
    I can just imagine the offers of help he has been given, probably sick of them. A lot of people out there just offer help in the form of this guy is good or that guru is good, not really having done any of the process themselves. I have received these myself a couple times from people and get the deer in headlights response when I ask if they done it successfully themselves.
    Anyways Von Nothaus has his attorneys and he is not about to go without them, he has make that quite clear in the past.

  8. #18

  9. #19
    JohnnyCash
    Guest
    December 02. 2014 "Bernard von NotHaus was sentenced to three years of probation by Judge Voorhees today. This is in stark contrast to the DOJ's demands that he be sentenced to 22 years in federal prison. More news to follow."

    http://www.libertydollarnews.org/pom...ings[]=345

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