Saturday, November 17, 2007

Ron Paul coinage gets the feds all riled up, leading to further infamy for our Favorite Son candidate for the presidency

Now that they're literally rare, Ron Paul Liberty Dollars are more valuable than ever.

The coins are scarce cause the federal government hauled em all off before most of them could be mailed out to people who ordered them. That doesn't include us, and that makes us sad. I was gonna make a huge medallion out of of em to put on a heavy chain to wear around my neck, and I was gonna make one of those dinner plate-size belt buckles to wear to the rodeo this year. Crap.

Anyways, a $20 Ron Paul coin is now going for $170 on eBay, reports The Trail, a Washington Post blog.

A story in The Street says the coins were going for $220.

I ain't payin that much, I'll tell you that right now.

The National Organization for the Repeal of the Federal Reserve and Internal Revenue Codes, which is making the coins, is trying to "undermine" the country's financial system by issuing the coins, the FBI said in an affidavit.

Paul, our Favorite Son candidate for president, is not offically affiliated with the group, but they talk, evidently.

Now the federal government has about 2 tons of silver, gold and copper coins, as well as pallets of silver and gold.

Bernard von NotHaus, NORFED's founder and executive director, said in an interview from his home in Miami Friday night that his employees in Evansville had received the copper dollars late last week and managed to mail out only about 3,500 of them so far. After a six-hour raid, he said, the agents left with the rest of the coins, which weighed about two tons total, as well as smaller amounts of silver Ron Paul dollars, gold Ron Paul dollars that sell for $1,000 and platinum Ron Paul dollars that sell for $2,000. There was a separate raid, NotHaus said, of Sunshine Mint in Coer D'Alene, Idaho, a company that prints the organization's coins, where von NotHaus said agents seized the huge pallets of silver and gold worth more than $1 million that the organization says back the paper certificates issued to its customers.

"They took everything, all of the computers, everything but the desks and chairs," said von NotHaus, who says he served 25 years as the mintmaster for the Royal Hawaiian Mint. "The federal government really is afraid."

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