https://archive.freecapitalists.org:443/forums/5.aspxenCommunityServer 2008.5 SP2 (Build: 40407.4157)https://archive.freecapitalists.org:443/forums/thread/395325.aspxTue, 01 Feb 2011 20:27:32 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:395325TheNcredibleEgg0https://archive.freecapitalists.org:443/forums/thread/395325.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=395325<p> Gold coins and silver coins are legal tender. One ounce of gold Eagle is $50. One ounce of silver Eagle is $1.</p> <p> You can legally take them to a store, a bank, whereever - and spend them for those amounts.</p> <p> &nbsp;</p> <p> As far as the guy in question under arrest, I imagine he was valuing the coins at more than face value - is why he is being prosecuted. Either on tax forms. Or either if he valued them at face value - the gov&#39;t&nbsp;might be&nbsp;claiming he was paying less than minimum wage.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/395313.aspxTue, 01 Feb 2011 19:32:45 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:395313LogisticEarth0https://archive.freecapitalists.org:443/forums/thread/395313.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=395313<p> Well, yes but they still have to charge him with something and&nbsp;convict the guy in a jury trial.&nbsp;</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/395312.aspxTue, 01 Feb 2011 19:01:51 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:395312Bogart0https://archive.freecapitalists.org:443/forums/thread/395312.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=395312<p> You are assuming that the government really does obey its laws and regulations that the rest of us have to obey.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/395299.aspxTue, 01 Feb 2011 17:30:33 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:395299LogisticEarth0https://archive.freecapitalists.org:443/forums/thread/395299.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=395299<p> Yeah I&#39;m not sure if the American Gold and Silver Eagles are actually legal tender, or just bullion?&nbsp; If they are legal tender with a declared value, how can they prosecute that?&nbsp; If not, then what&#39;s the point of stamping them with a nominal dollar value.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/395282.aspxTue, 01 Feb 2011 16:24:33 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:395282Bogart0https://archive.freecapitalists.org:443/forums/thread/395282.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=395282<p> No but since when do little things like freedom and the Constitution stop Washington.&nbsp; There was a case where some clever dude in Arizona I think, was paying his folks in gold and silver dollar denominated coins so 1 silver dollar with 1 ounce of silver worth $20 at the time he would declare $1.&nbsp; Of course that is the amount on the coin itself.&nbsp; The various Federal Agencies have arrested him and I do not know what the status of his case is at this time.</p><div style="clear:both;"></div>https://archive.freecapitalists.org:443/forums/thread/395276.aspxTue, 01 Feb 2011 15:48:41 GMT944abf2b-d1be-4bf2-990d-438cb0e377e9:395276Cluesaw0https://archive.freecapitalists.org:443/forums/thread/395276.aspxhttps://archive.freecapitalists.org:443/forums/commentrss.aspx?SectionID=5&PostID=395276<div> &nbsp;&nbsp;&nbsp; According to the IRS, using gold coins is considered bartering and <span style="font-family:trebuchet ms,helvetica,sans-serif;"><span style="font-family:comic sans ms,cursive;"><span style="font-family:lucida sans unicode,lucida grande,sans-serif;"><span style="font-family:georgia,serif;">both</span></span></span></span> sides of the trade must report the Fair Market Value of what was received.&nbsp;&nbsp;&nbsp; Are gold coins sold by the US mint excempted from this rule?</div><div style="clear:both;"></div>