Liberty
Dollar's Von NotHaus Indicted By Numismatic News
June 11, 2009
Bernard
von NotHaus and three others were indicted in early June in
U.S. District Court for the Western District of North Carolina
alleging conspiracy to promote the use of their privately
produced Liberty Dollars instead of Federal Reserve Notes.
They are charged with an "unlawful operation to publish,
possess and sell for profit, coins in resemblance and similitude
to U.S. coins" and "uttering and passing and attempting
to utter and pass, a coin of silver in resemblance of genuine
coins of the United States in the denominations of five dollars
and greater and intended for use as current money."
Von NotHaus turned himself in June 4 at the U.S. Marshall's
Office in Fort Myers, Fla.
He described his experience in a June 5 "Liberty Dollar
Alert" e-mailed to individuals on his list of contacts.
He wrote, "I was immediately escorted to a holding cell.
After an hour or less, I met with the Pre-Trial Service rep
and made it to court at 11 (a.m.) in chains and handcuffs.
The female judge was businesslike and granted my request to
attend my son's graduation in Physics from UCLA next week.
After fingerprinting, signing a $50,000 Appearance Bond, one
final meeting with the Pre-Indictment Service rep, I was free."
He explained, "I just want to prove that I have a right
to issue my own currency and if anybody chooses to use it
then it is a 'private contract.' It is certainly not a crime."
Collectors of exonumia are familiar with the silver Liberty
dollar pieces of various denominations, which depict the head
of Miss Liberty and the legends, "Liberty" "Trust
In God" and a date.
The reverse carries a torch that resembles the one held by
the Statue of Liberty.
"When groups seek to undermine the U.S. currency system,"
said acting U.S. Attorney Edward R. Ryan, "the government
is compelled to act. These coins are not government-produced
coinage, yet purchasers were led to believe by those who made
and sold them that they should be spent like U.S. Federal
Reserve Notes. Such claims are a violation of federal law."
The Liberty Dollar group is based in Evansville, Ind. Its
Web site is www.libertydollar.org.