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Wednesday, August 31, 2011

Prison Planet.com » Feds May Confiscate Privately Held Gold and Silver Coins

Prison Planet.com » Feds May Confiscate Privately Held Gold and Silver Coins:

Kurt Nimmo
Prison Planet
August 30, 2011

Coin World reports that the feds are looking to seize liberty dollars from collectors and those using the coins instead of inflation-ridden Federal Reserve notes.

Feds May Confiscate Privately Held Gold and Silver Coins libdol2

Officials with the U.S. Attorney’s Office said on August 24 that the coins are contraband. The Secret Service, the federal agency responsible for confiscating counterfeit money, did not provide any definitive comments concerning under what circumstances Liberty Dollars would be seized, according to Paul Gikes of Coin World.

The coins are illegal even if they are not used for barter, the feds insist. Jill Rose, chief of the August 24 that the Liberty Dollar medallions are confiscable as contraband if they are being exhibited for educational purposes or held privately.

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