Here's the story. A jury decided that a Philadelphia woman, Joan Langbord, who found the coins in her father's bank deposit box, never should have owned them, and that the U.S. government was right to take them back.
In hidden vaults across the country, the US government is building a stockpile of $1 coins. The hoard has topped $1.1bn - imagine a stack of coins reaching almost seven times higher than the International Space Station - and the piles have grown so large the US Federal Reserve is running out of storage space.
Here's a head scratcher: as everyone knows from elementary chemistry courses, gold is the most inert metal in the world - it does not rust, nor corrode. Yet this is precisely what Russian commercial precious metal trading company, International Reserve Payment System, discovered on thousands of (allegedly) 999 gold coins "St George" (pictured insert) issued by the Central Russian Bank.
A group of pro 2nd amendment activists offered $110 from their own pockets. $10 over what the Bureaucrats were offering for a no questions asked gun buying program to remove weapons from the hands of the public at the expense of tax payers/victims.
The $110 offer from the activist was actual cash also rather than a grocery card from a pro victim disarmament grocery store.
These so-called ‘infographic coins’ by Mac Funamizu have obvious benefits to the blind, much like the Euro, as sizes, shapes and textures all play a role in the legibility of coins. Impaired or not, anyone reaching into their wallet or purse would likewise be able to more easily identify each coin denomination by touch.
Are we likely to give up on our standard circles? Perhaps not, but at least rethinking our (United States) hodge-podge system with inconsistent sizes, Â colors and weights might be worth doing after so much time with so little design change.
Politicians in Washington hardly let a few minutes go by without mentioning how broke the government is. So, it's a little surprising that they've created a stash of more than $1 billion that almost no one wants.
Unused dollar coins have been quietly piling up in Federal Reserve vaults in breathtaking numbers, thanks to a government program that has required their production since 2007.
And even though the neglected mountain of money recently grew past the $1 billion mark, the U.S. Mint will keep making more and more of the coins under a congressional mandate.
Bernard von NotHaus, 67, was convicted today by a federal jury of making, possessing, and selling his own coins, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina. Following an eight-day trial and less than two hours of deliberation, von NotHaus, the founder and monetary architect of a currency known as the Liberty Dollar, was found guilty by a jury in Statesville, North Carolina, of making coins resembling and similar to United States coins.