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The Death of Liberty and Her Dollar

March 20, 2011

On Friday, March 18, 2011, a major blow was dealt to economic and political freedom by a federal court in Statesville, North Carolina. According to the FBI release:

Bernard von NotHaus was convicted by a federal jury in Statesville, North Carolina of making coins resembling and similar to United States coins; of issuing, passing, selling, and possessing Liberty Dollar coins; of issuing and passing Liberty Dollar coins intended for use as current money; and of conspiracy against the United States.

Those who collect coins, study monetary policy, or know the metals markets may already be familiar with the Liberty Dollar program. It was begun in the late 1990s and had been gaining steam in convincing merchants to trade in an alternative currency based on appropriate measures of precious metals. The official Liberty Dollar website was “Removed Due to Court Order,” but the good ol’ Wayback Machine still has a mirror of it here.

The Liberty Dollar may not have been perfect, but it was a well-arranged alternative to the current broken currency system, on top of being a numismatic novelty and a physical investment. It offered the United States a re-introduction to money that has intrinsic value, and in that it represented a potential threat to the Federal Reserve. If the program caught on, it might have unseated the economic powers-that-be.

Imagine what might have happened if Liberty Dollars had continued expanding and edged their way into the mainstream. Given the choice, would people opt for fiat paper that loses its value over time, or metal-backed currency that retains its value and appreciates against the fiat paper?

So serious was this threat that von NotHaus was, in addition to counterfeiting charges, convicted of conspiracy against the United States. He faces up to 25 years in prison. As reported by the Ashville Citizen-Times, U.S. Attorney Anne Tompkins, who prosecuted the case, had this to say:

We are determined to meet these threats through infiltration, disruption and dismantling of organizations which seek to challenge the legitimacy of our democratic form of government.

She also referred to von NotHaus’s actions as “insidious,” “a unique form of domestic terrorism,” and “a clear and present danger to the economic stability of this country.” In Tompkins’ words lies a very important message: opponents of the Fed are enemies of the United States and of democracy itself. If the federal government’s use of “war on terror” powers is any indication, this may represent the onset of a full assault on the freedom of currency-reform proponents. Ron Paul, be warned.

Democracy is not held together by all-powerful banks and economic chicanery. It is held together by the freedom of its participants to act on their own will in all matters—including economic matters. If anything, forcing an entire population to use debt as the exclusive medium of trade is a crime of the magnitude of von NotHaus’s convictions. It is the production and distribution of false money, and a conspiracy against the nation.

Who else but an enemy would arrange to saturate a country in valueless paper in place of its assets? Who else but an enemy would doom a national economy to a perpetual Ponzi scheme? Who else but an enemy would seek to swindle an entire country and its people?

Central banking is not a path to liberty, and the Federal Reserve is most certainly not a pillar of democracy. There is no semblance of freedom in it. Opposition to this long-term fraud is not insidious domestic terrorism; it is a form of patriotism. It is an effort of good will toward one’s countrymen, and in the case of the Liberty Dollar’s promoters, nearly martyrdom. Their noble sacrifice will not be forgotten.

18 Comments leave one →
  1. ArchAngel permalink
    March 20, 2011 02:17

    The problem with Liberty Dollars is that a $20 piece is worth much less than $20. Its a scam. Dealers buy tokens at discounts below face value and pass them off at face value which is actually more than its own intrinsic value. In the end, those holding Liberty Dollar Tokens have been robbed by the ones above them in the food chain.

    Robbed even more than the Federal Reserve robs people!

    If you want to use a silver currency then use US Mint Junk Silver Coins. They are legal tender and you only pay taxes on the face value in transactions. Its only a tiny premium for the small unit form and perfectly legal to own and trade with.

  2. March 20, 2011 02:36

    If that is the case, then the charges against von NotHaus should have been related to defrauding consumers or something along those lines. Charging him as an enemy of the United States is inappropriate.

  3. Big M permalink
    March 20, 2011 12:39

    ” . . . and of conspiracy against the United States.”

    Pay special attention here. “United States,” in the legal sense, applies to DC and the territories of American Samoa, Guam, Virgin Islands, and Puerto Rico. The 50 states are the United States of America. This can be verified by a careful reading of the Internal Revenue Code, which is municipal law, and which only has legal force within the aforementioned five locations, NOT in any of the 50 states called the United States of America, which, individually, are deliberately NOT named in any of the income tax statutes.

    So, she’s saying that this person engaged in conspiracy to deprive the counterfeiters in DC of their alleged monopoly. I also love the red herring of accusing him of debasing the currency and the like. Isn’t that what the Fed has been doing for almost a century now? The prettily-inked pieces of phony paper that DC passes off as money are worth 5 percent or less of what they were worth back then. So who, exactly, is engaged in a conspiracy to destroy the value of money in this country — hmm?

    • March 20, 2011 14:43

      That’s the funny part about all this (sick funny, not ha-ha funny); the Liberty Dollar folks are being treated like we should be treating the central-banking folks. It’s all very Orwellian. It’s like throwing a guy in jail for kidnapping because he found a family in a cage and tried to let them out.

  4. ArchAngel permalink
    March 20, 2011 16:25

    He wasn’t convicted for using silver, he was convicted for making his coins look like US money. Ithaca Hours, Berkshire Berkshares, Pittsboro Plentys, they’re alternate currencies that didn’t get busted because there’s no question they don’t look like US cash. His did.

    • March 20, 2011 17:06

      The coins do look like U.S. money, but that seems like a convenience more than the motivating factor in prosecuting him. That honor goes to the attempts to supplant Federal Reserve scrip with Liberty Dollars, which is a much bigger threat to the fiat system than the mere minting of any coin, even if it’s a full-on counterfeit.

      • ArchAngel permalink
        March 22, 2011 17:50

        It all goes to the point that many businesses accepted the Tokens for payment believing that they were Legal Tender. Perhaps the one who passed off the Liberty Dollars in place of FRN’s did not say that they were Legal Tender. But I bet they didn’t admit that they are not either.

        People were defrauded. Thats the result in every case where someone who paid dealer prices passed them off for face value. It was fraud.

      • March 22, 2011 21:09

        Perhaps there was fraud; I think it’s debatable in the case of the Liberty Dollar. If there was, it was very unfortunate that they abuses the desperate need for the U.S. to fix or change its monetary system, and they should be punished.

        But the way it was handled in this court case is no good. If it’s fraud, call it fraud, and charge it as such. “Conspiracy against the United States” has nothing to do with defrauding merchants and consumers. They took a hammer to von NotHaus to make an example out of him—not because he committed fraud, but because he scuffed the shoes of the almighty Fed.

  5. DidgeMac permalink
    March 20, 2011 20:18

    Well the silver and its concept is an idea. Fake money rules the USA along with the debit control they have over the people. Americans will never get off their couch to unify as did the forefathers who founded the country.
    Bernard is a victim of the system as was Aaron Russo etc.
    There is something terribly wrong with our country and it is up to you to do something about it. V for Vendetta…. was a real message for such a real time.

    Save your silver, boil it into bullets and send them to the people who need to lose the control. Faster than the speed of sound would be the preferable method.

  6. James B permalink
    March 21, 2011 12:57

    Keep in mind folks that he is accused of trying to use REAL SILVER DOLLARS to “destabilize” the junk metal coins system that the central bank of the United States has put into place.

    If there is anyone out there that is willing to trade their REAL silver for metal slugs I’ll give you my e-mail account and we can proceed with the ‘exchange’.

    The federal government stole 6 coins I had purchased for their numismatic value WITHOUT A WARRANT, WITHOUT REASONABLE CAUSE, and WITHOUT LEGAL PROCESS. I still have the reciept to prove it.

    We can never be free until we can join together to free ourselves of the chains that bind us in the form of poverty and debt.

    • March 21, 2011 13:28

      In what context did the federal government steal your six coins? What specific type of coins were they?

      • James B permalink
        March 21, 2011 20:02

        I had 6 “first day issue” Liberty Dollars STOLEN from me after I had recieved reciept of the purchase. It just so happened that the day I contacted them to confirm delivery was the day before the raid that halted all Liberty Dollar activity.

        ========= GENERAL INFORMATION =========

        Merchant : Liberty Services
        Date/Time : 01-Nov-2007 08:17:47 PM
        Transaction ID : 1XXXXXXXXXXXXXX

        ========= ORDER INFORMATION =========
        Invoice Number : 79XX
        Description : $10 Silver Peace Dollar First Day of Issue(qty: 6)
        Total : 153.50 (USD)
        Payment Method : Visa

        ==== BILLING INFORMATION ===
        Customer ID : 2XXXXXX
        First Name : James
        Last Name : B
        Company :
        Address : 303 West XXXX
        City : XXXXXXXXXX
        State/Province : Kansas
        Zip/Postal Code : 6XXXX
        Country : United States
        Phone : 620XXXXXXXX
        Fax :
        Email :

        First Name : James
        Last Name : B
        Company :
        Address : 303 West XXXXXX
        City : XXXXXXXXXXX
        State/Province : Kansas
        Zip/Postal Code : 6XXXX
        Country : United States

        What crime have I “commited” that our government can take from me what is rightfully mine, without charge or warrant or reimbursement?

        I bought 6 ounces of silver in the form of a limited edition coin pressing. Although I am fully in favor of demolishing the central banking system and infrastructure in America and incarcerating the criminals in perpetuity, I am certainly not stupid enough to take my precious metals and “attempt to destabilize” the fiat currency the Central Bank of the United States, A.K.A, Federal Reserve, has cornered the market with.

  7. ArchAngel permalink
    March 22, 2011 14:01

    >If there is anyone out there that is willing to trade their REAL silver for metal slugs I’ll give you my e-mail account and we can proceed with the ‘exchange’.

    Please give me your e-mail. I will gladly sell your Liberty Dollar Tokens at “face Value” where you accept Liberty Dollars at an equal exchange for US Federal Reserve Dollars.

    And I am willing to entirely deplete the market of Liberty Dollar Tokens to get every last cent out of you that I can.

    You do of course realize that they are selling far below face value now, right? The minted form adds about a dollar value to the silver content.

  8. ArchAngel permalink
    March 22, 2011 14:45

    One last question for now.

    Liberty Dollar said that their Tokens were great, amazing, fantastic, unbelievable, awesome, winning, patriotic alternative currency.

    They said that the Fed sucks, robs, cheats, lies, steals, rapes, kidnaps, murders, pillages, gives wedgies, puts gum in your hair and smacked your mother upside the head.

    But what did they take in exchange for their awesome Liberty Dollar Tokens when they sold them?


    • March 22, 2011 16:18

      I agree that there were and are issues with the Liberty Dollar. It was not implemented perfectly, and its promoters may not have been entirely straightforward. However, the idea is good and could be successful if handled correctly and not suppressed by the government.

      They accepted Federal Reserve Notes as payment because most of the point of the project was to supplant FRNs with LDs. Trading in FRNs doesn’t require support of them. U.S. precious-metals dealers all accept U.S. dollars as payment, even while they’re pushing the idea that people should flee from the value-hemorrhaging dollar. Right or wrong, it’s the currency of the land. What else should they have accepted as payment?

    • James B permalink
      March 22, 2011 23:19


      I could care less about what Mr. Nothaus believed in or supported. I was purchasing collectible pure SILVER coins for their collectibility, not as leverage to destabilze the Central Bank of the United State’s fiat currency. It will collapse on its own. All illusions eventually come to an end. That’s the sad reality of the illusion.

      I could care less if he spends the rest of his life behind bars. My problem arises for the point that the federal government doen not have ANY RIGHT to take something from me without due process and a warrant for the item is question. The “crime” begins when you intentionally use “alternate currency” with the premeditated intention of causing harm. Something, again, that the Central Bank of the United States is well versed in.

      If you’re playing ‘the devil’s advocate’ you have done a poor job because I have to believe, being an intelligent person, you would be as up in arms as I am if someone STOLE something from you that they had not right taking, and subverted LAWS in order to do so.

  9. January 20, 2012 11:32

    Since I will be anyone any dollar amount if I could live long enough that 100 years we will NOT BE FLOODED and warmed to death by so called climate change and terrorists won’t have taken us over in the middle east. psss….terrorists are in the white house. (JUST EXCUSES TO CONTROL AND TAX YOU TO TAKE YOUR LIBERTIES AWAY) “Ignore the man behind the curtain and the camera’s everywhere they are there for your safety”


  1. The Death of Liberty and Her Dollar · Bizarre – Oddities

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