[TheConservativeCitizen]

coun·ter·feit (kountr-ft) v. coun·ter·feit·ed, coun·ter·feit·ing, coun·ter·feits v.tr. 1. To make a copy of, usually with the intent to defraud; forge: counterfeits money. 2. To make a pretense of; feign: counterfeited interest in the story. v.intr. 1. To carry on a deception; dissemble. 2. To make fraudulent copies of something valuable. adj. 1. Made in imitation of what is genuine with the intent to defraud: a counterfeit dollar bill. 2. Simulated; feigned: a counterfeit illness. n. A fraudulent imitation or facsimile.

Not sure this would fall under that definition. And I now want one. Off to ebay I go.

[arrogantsob]

According to someone who looked into this on an earlier thread this guy was running some kind of scam. It is not illegal to make coins per se but his appeared kinda confusing as to what they really were. I get ads all the time to buy special coins from long established companies.

Did he sell them for US currency?

[ldish]

yet it is ok when our government hires the fed...nothing more than a partnership of “private” banks to print worthless money backed up by nothing...a ponzi scheme that madoff would have admired!

[SeeSharp]

he claims his system is an alternative, not a counterfeit to the US dollar.

And that is the argument that hung him. It is legal to produce coins as collectibles; but it is illegal to produce coins intended to circulate as money whether they resemble US coins or not.

The gubmint is pretty anal about competition with the dollar. In the 70's they went after several grain elevators that were trading and circulating warehouse receipts represent more grain than they actually had on hand. The treasury said it was a form of fractional reserve banking and prosecuted them.

[taxtruth]

People forget what they tried to do to egold and now they are trying to destroy Norfed because the fed and the government need to keep their little fiat ponzi scheme game going.

[WhistlingPastTheGraveyard]

$49 (free shipping) for the “20 Dollar” 1oz silver round. Nice piece. Just grabbed one myself.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=220743237490&ssPageName=STRK:MEWNX:IT

[RJR_fan]

Rumor has it that a Treasury Department committee is sitting now, and scheduling the minting of counterfeit nickels. At this point, the metal in the existing nickels is worth 1.5 or so times the face value. This might be a good time to collect nickels, and wait for the intrinsic value to increase to 4 - 5 times the face value. Just thinking out loud ...

Our treasury began counterfeiting quarters and dimes in the mid-60s, in order to finance the Vietnam War with inflation, by debauching the currency.