Wednesday, June 25, 2008

Suit filed in Idaho over Liberty coins

Coins seized by federal agents in Coeur d'Alene and elsewhere in U.S.

Twelve people who said they bought the coins being touted as an alternative to legal tender have sued the government in a federal court in Idaho to get their coins back.

Federal agents seized the gold and silver coins from the Sunshine Mint warehouse in Coeur d'Alene.

"I didn't lose very much at all, about $158," said John Crowe of Rupert, who holds certificates to coins he bought from a company called Liberty Dollar Inc. "But the government has no right just to seize my property."

Privately minted medallions intended as collectibles are nothing new. But the ones at issue, promoted by Bernard von NotHaus of Miami and made of gold or silver, are . . .

Full story at: Link

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