Redeemable? [Archive] - Gold-Silver Forums

palani

2nd May 2015, 07:49 AM

The US govt has defaulted on all of its gold certificates. They no longer honor them. I'm surprised you didn't know that.

I have no first hand knowledge of any default. I have an understanding of hearsay concerning dishonor of gold certificates.

I would suggest that the holder of this particular note/warehouse receipt attempt to redeem it with TREASURY and if refused then a NOTARY PROTEST of dishonor would seem to be in order. Interest then begins at the time of the NOTARY PROTEST.

Could this form of administrative process then be used to offset any taxes owed as interest accrues? Say the interest is set at 10% per annum which would would mean that $200 annually of taxes could be cancelled ... forever. This would seem to have some value.

Ponce

2nd May 2015, 09:47 AM

Try to cash it for gold and you will be arrested as a terrorist, new rule for the US.

V

7th trump

2nd May 2015, 11:35 AM

The US govt has defaulted on all of its gold certificates. They no longer honor them. I'm surprised you didn't know that.

Yep the gold standard has been suspended......but you cant tell that to some people.

7th trump

2nd May 2015, 11:36 AM

I have no first hand knowledge of any default. I have an understanding of hearsay concerning dishonor of gold certificates.

I would suggest that the holder of this particular note/warehouse receipt attempt to redeem it with TREASURY and if refused then a NOTARY PROTEST of dishonor would seem to be in order. Interest then begins at the time of the NOTARY PROTEST.

Could this form of administrative process then be used to offset any taxes owed as interest accrues? Say the interest is set at 10% per annum which would would mean that $200 annually of taxes could be cancelled ... forever. This would seem to have some value.

Theres no value what so ever....only a fools pipe dream.

palani

2nd May 2015, 12:08 PM

Yep the gold standard has been suspended......but you cant tell that to some people.
Seems like you believe every rumor that helps you maintain your fictional lifestyle.

palani

2nd May 2015, 12:10 PM

Theres no value what so ever....only a fools pipe dream.
You must be referring to your status ... but don't be so hard on yourself. If it is a dream you might wake up someday.

palani

2nd May 2015, 12:12 PM

Try to cash it for gold and you will be arrested as a terrorist, new rule for the US.

V

Do you have some new definition for terrorist that I am not aware of?

Some guy put 2.5 oz of gold on deposit 135 years ago and has this warehouse receipt to prove it. If the paper is no good then WHAT HAPPENED TO THE DEPOSIT? And if the U.S. can default on things deposited THEN why would you believe they won't default on anything they promise TOMORROW?

midnight rambler

2nd May 2015, 12:12 PM

Yep the constitutional republic has been suspended......but you can't tell that to some people.

lulz

palani

2nd May 2015, 12:16 PM

Yep the constitutional republic has been suspended......but you can't tell that to some people.

lulz

It is all hearsay until you go for the redemption. Then the actions of the debtor is going to be very telling.

Bankruptcy is the action of hiding assets. Is 2.5 oz of gold an asset? Or a deposit? The action taken in response to a demand is going to tell you quite a bit .. and with a NOTARY involved ... it will not be hearsay. But I really don't blame people for not wanting to try this. They live in their little fools paradise and dream their entire lives away and shy away from any attempt to awoken them.

Shami-Amourae

2nd May 2015, 12:18 PM

Says it is PAYABLE TO BEARER ON DEMAND. The fact that it hasn't been redeemed means that $50 in gold is still on deposit at TREASURY. In 1882 $50 in gold would be two and a half oz. Wouldn't it seem that the asking price of $1,995 is a bargain that pegs the price of gold at $798 an oz?

http://www.valleycoin.com/product_info.php?cPath=3_103_113&products_id=3248

It still has wonderful collectors value.

Sell it on E-bay:
http://www.ebay.com/itm/FR-1193-1882-50-FIFTY-DOLLARS-GOLD-CERTIFICATE-CURRENCY-NOTE-PCGS-FINE-15-/281679725972?pt=LH_DefaultDomain_0&hash=item41956b8594

This one is going for $1600.

Hitch

2nd May 2015, 05:13 PM

The US govt has defaulted on all of its gold certificates. They no longer honor them. I'm surprised you didn't know that.

Even if they did honor them, the value minted on the gold coin has changed. Today, a 1 oz gold coin is a $50 gold coin. There's nothing to stop them from making 1 oz gold eagles a $500 coin. They can do whatever they want.

palani

2nd May 2015, 06:18 PM

Even if they did honor them, the value minted on the gold coin has changed. Today, a 1 oz gold coin is a $50 gold coin. There's nothing to stop them from making 1 oz gold eagles a $500 coin. They can do whatever they want.

Not really. If you were to deposit a certain amount of gold (call it 10 oz) and wait 10 years to redeem it only to find they are going to give you 10 grams instead of 10 oz .... or if instead they offer you 10 oz of silver in place of gold (they are both precious metals after all) ... do you think you would have an action? Such machinations are below the standards of an honorable system of governance.

madfranks

2nd May 2015, 06:22 PM

I have no first hand knowledge of any default. I have an understanding of hearsay concerning dishonor of gold certificates.

I would suggest that the holder of this particular note/warehouse receipt attempt to redeem it with TREASURY and if refused then a NOTARY PROTEST of dishonor would seem to be in order. Interest then begins at the time of the NOTARY PROTEST.

Could this form of administrative process then be used to offset any taxes owed as interest accrues? Say the interest is set at 10% per annum which would would mean that $200 annually of taxes could be cancelled ... forever. This would seem to have some value.

I actually tried to redeem an old silver certificate and security would not let me in the building, and declared my note a fake.

palani

2nd May 2015, 06:31 PM

I actually tried to redeem an old silver certificate and security would not let me in the building, and declared my note a fake.

Nice to know someone else pokes the hive with a stick occasionally. When you do this though you should bring the proper protective gear ... preferably three notaries ... with three they can form their own COURT.

If they thought you were carrying a counterfeit note then why wouldn't they involve the Secret Service?

On the topic of notaries ... I know the U.S. Postal Service always treated me a lot better when I brought a notary with me.

midnight rambler

2nd May 2015, 06:32 PM

I actually tried to redeem an old silver certificate and security would not let me in the building, and declared my note a fake.

That's because ALL they deal in now is fake money, they didn't recognize what you had.

Hitch

2nd May 2015, 06:53 PM

Not really. If you were to deposit a certain amount of gold (call it 10 oz) and wait 10 years to redeem it only to find they are going to give you 10 grams instead of 10 oz .... or if instead they offer you 10 oz of silver in place of gold (they are both precious metals after all) ... do you think you would have an action? Such machinations are below the standards of an honorable system of governance.

This is your mistake. You didn't deposit 10 oz of gold. You deposited $50 worth of gold. Your deposit is in dollars, redeemable in gold, but not the actual weight in metal. They will tell you what $50 worth of gold is worth in ounces, or grams, and you have to take it up the ass.

palani

2nd May 2015, 07:04 PM

This is your mistake. You didn't deposit 10 oz of gold. You deposited $50 worth of gold. Your deposit is in dollars, redeemable in gold, but not the actual weight in metal. They will tell you what $50 worth of gold is worth in ounces, or grams, and you have to take it up the ass.
I know that is the rationale however the PUBLIC deserve more honorable representatives.

The situation described is similar to those vacuum company guarantees: YOUR MONEY REFUNDED IF NOT FULLY SATISFIED. And when you go for the refund they tell you "But we ARE satisfied".

Hitch

2nd May 2015, 07:26 PM

I know that is the rationale however the PUBLIC deserve more honorable representatives.

The situation described is similar to those vacuum company guarantees: YOUR MONEY REFUNDED IF NOT FULLY SATISFIED. And when you go for the refund they tell you "But we ARE satisfied".

The note is very clear though. You even said it, it says payable to the bearer on demand.

That is satisfied. It says $50 worth of gold. They will give you $50 worth of gold. It doesn't say anything about ounces or grams though. Yes, it's a scam, but it's a very clear one.

Now, it doesn't matter because they don't honor it anyway. That's another topic to discuss, but....folks holding this should be happy to get their $50 worth or redeemable gold, how ever many grams or flakes it might be.

Smart folks, just hold physical gold. Coins that have "1 oz" on it, in weight, not a paper dollar certificate that says nothing about ounces...

palani

2nd May 2015, 07:43 PM

Smart folks, just hold physical gold. Coins that have "1 oz" on it, in weight, not a paper dollar certificate that says nothing about ounces...

I have a $5 note from 1862 from the Republic. The note this thread is about is dated 1882 so is from the Democracy. There are things other than redeeming that these notes are good for. For example, a quit claim deed I have made out for 1600 Pennsylvania Ave N.W., Washington, D.C 20500. So that the quit claim does not fail the consideration test I have decided to exchange it for the value of my $5 note.

As there is no value in either instrument I figure the scales ought to balance really well.

7th trump

2nd May 2015, 08:12 PM

I have a $5 note from 1862 from the Republic. The note this thread is about is dated 1882 so is from the Democracy. There are things other than redeeming that these notes are good for. For example, a quit claim deed I have made out for 1600 Pennsylvania Ave N.W., Washington, D.C 20500. So that the quit claim does not fail the consideration test I have decided to exchange it for the value of my $5 note.

As there is no value in either instrument I figure the scales ought to balance really well.

Hahahahahahaha......quit claim....another fairy tail story that has never worked.
You just amaze me palani...never ending idea's on how to take every failed theory and try to make it work.....well..........that is on paper anyway!

So why is it palani you just show a way (theory), but never done this yourself?

Hitch

2nd May 2015, 08:36 PM

I have a $5 note from 1862 from the Republic. The note this thread is about is dated 1882 so is from the Democracy. There are things other than redeeming that these notes are good for. For example, a quit claim deed I have made out for 1600 Pennsylvania Ave N.W., Washington, D.C 20500. So that the quit claim does not fail the consideration test I have decided to exchange it for the value of my $5 note.

As there is no value in either instrument I figure the scales ought to balance really well.

Bottom line, redeeming doesn't mean shit. It doesn't matter. A note from 1862 is just an old piece of paper.

There really is no point in this discussion. We gain nothing from this. We are wasting time philosophizing a big stinking pile of BS.

If you don't hold it, you don't own it. That goes with land, gold, everything.

Your quit claim deed to 1600 penn ave will leave you shot dead if you tried to do anything with it. Your worthless $5 note is worth 5 baton strikes to the head by the storm troopers.

Dogman

2nd May 2015, 08:40 PM

Collector value only!

Glass

2nd May 2015, 09:28 PM

I have a question.

What happens when a country repudiates it's debt?

AND

Is it the country that repudiates the debt or is it the Lead Debtor, debtor in position #1 who instructs/forces/coerces the debtor to repudiate all debts of inferior position?

Is a redeemable note issued by a Treasury a superior or inferior debt?

Carl

2nd May 2015, 10:24 PM

I have some old silver certificates. How can I trade them in for silver dollars? (http://www.treasury.gov/resource-center/faqs/Currency/Pages/edu_faq_currency_sales.aspx)
On March 25, 1964, C. Douglas Dillon, the 57th Secretary of the Treasury announced that silver certificates would no longer be redeemable in silver dollars. This decision was pursuant to the Act of June 4, 1963 (31 U.S.C. 405a-1). The Act allowed the exchange of silver certificates for silver bullion until June 24, 1968. This was the deadline set by the Congress. Since that date, there has been no obligation to issue silver in any form in exchange for these certificates. You may be interested to know that the Congress took this action because there were approximately three million silver dollars remaining in the Treasury Department's vaults. These coins had high numismatic values, and there was no way to make an equitable distribution of them among the many people holding silver certificates.

Silver certificates are still legal tender and do still circulate at their face value. Depending upon the age and condition of the certificates, however, they may have a numismatic value to collectors and dealers.

I have some old gold certificates and would like to trade them in for gold. What should I do? (http://www.treasury.gov/resource-center/faqs/Currency/Pages/edu_faq_currency_sales.aspx)
Gold certificates were withdrawn from circulation along with all gold coins and gold bullion as required by the Gold Reserve Act of 1934. Gold certificates circulated until December 28, 1933. That is when the President ordered private owners of gold certificates to deliver their notes to the Treasurer of the United States by midnight on January 17, 1934. It was then illegal to hold gold certificates. C. Douglas Dillon, the 57th Secretary of the Treasury, removed the restrictions on the acquisition or holding of these notes on April 24, 1964.

Under 31 U.S.C. 5118(b) as amended, "The United States Government may not pay out any gold coin. A person lawfully holding United States coins and currency may present the coins for currency . . . for exchange (dollar for dollar) for other United States coins and currency (other than gold and silver coins) that . . ." citizens may lawfully own. Although gold certificates are no longer produced and are not redeemable in gold, they still maintain their legal tender status. You may redeem the notes you have through the Treasury Department or any financial institution. The redemption, however, will be at the face value on the note. These notes may, however, have a "premium" value to coin and currency collectors or dealers.

Glass

2nd May 2015, 11:10 PM

Creditors always claim that repudiation of debt does not cancel the debt. Just look at Argentina and especially Greece.

It's fair enough to read what the creditors had written into US code, however is what they are saying about the value of the certificates AND what the certificates represents true?

No. They repudiated the debt by suspending redemption, however that doesn't cancel the debt. Do you have any chance of redeeming for value inscribed? No.

Is redemption the only avenue? Look at what negotiations go on for Argentina or Greece. The answer is no.

If you want to collect them sure, go ahead. They are a negotiable instrument. The holder in due course might have some options. He may not have any options against the "State Defacto" however he may get standing against the original issuer. As palani points out, that issuer is now abandoned.

What is the status of the abandonment? Was it Sine die? Probably. Someone could stake a claim which, if no one else has, including the original creditors, would leave you the superior claim and standing.

What good does it do? If the people decide to return to a republic, they would have superior position. Maybe a claim to the Presidency of the Republic.

Who know what will happen with the USA. It's clear that the Republic is abandoned and it's clear that the Democracy is on it's last legs. Up to the people to decide what comes next. Granted 99% of the people cannot make any decisions at all due to incapacity.

Can one man repel the defacto regime? No. Not unless he has force superior to the defacto regime.

As we know though, control is all in the mind.

These are interesting discussions, not because of the implausibility of the scenario required to win the outcome but because of the principles and procedures that are required. Those principles and procedures are in operation at all levels of the interactions between people and the defacto government. They don't change. its the same thing every time. It helps to repeat the ideas so that people can grasp them and maybe then they can see what is being done to them and realise from the big problems to the small problems the same things apply and can be countered if people apply a little effort. Not even a lot of effort. Very small effort, in the scheme of things.

once you know, you know and can see it everywhere.

palani

3rd May 2015, 05:09 AM

quit claim....another fairy tail story that has never worked.

Anytime someone makes a claim that you owe an obligation because of some claim they PERCEIVE you have made ... you can turn your back on that claim and walk away. That is the purpose of the quit claim deed and no other.

In the case of the quit claim deed to 1600 Pennsylvannia Ave ... the address actually includes the zip code 20500. That fiction and the democracy is what is being quit claimed. Why not? Does anyone actually want to be a part of the bankruptcy?

palani

3rd May 2015, 05:16 AM

Bottom line, redeeming doesn't mean shit. It doesn't matter. A note from 1862 is just an old piece of paper.
That note is still on the books and is part of $346,681,016 owed by the REPUBLIC and not the democracy. After all, the REPUBLIC repudiated the future debt of its' replacement by the 14th amendment BUT THEY DID NOT REPUDIATE THEIR OWN DEBT!!! They merely established a replacement 14th amendment government and proceeded to stop business on their own.

KNOWING is a whole lot better than GUESSING. By their fruits shall ye KNOW them and ye shall have no clue as to the quality of the fruits unless you go outside and actually pick a few.

Your quit claim deed to 1600 penn ave will leave you shot dead if you tried to do anything with it. Your worthless $5 note is worth 5 baton strikes to the head by the storm troopers. Again .... you are guessing at fruits without any commitment. Keep concentrating on the negative things and you will find only negative things happen to you. That is the role your mind plays in determining the law of your nature.

palani

3rd May 2015, 05:23 AM

What happens when a country repudiates it's debt?
Captain to Quartermaster: "Come about to course 240"
Quartermaster: "Aye Aye, Sir"
Captain to Bos'n: "Seal all water tight doors and check for water"
Bos'n: "Aye Aye, Sir"
Captain to Marine Detail Lt: "Stand by to repel boarders"
Marine Detail Lt: "Aye Aye, Sir"

mick silver

3rd May 2015, 05:30 AM

look at the price of this bill...http://www.ebay.com/itm/1000-1918-SAN-FRANCISCO-CGA-GEM-65-WHITE-MELLON-4-KNOWN/351266933811?_trksid=p2047675.c100009.m1982&_trkparms=aid%3D777000%26algo%3DABA.MBE%26ao%3D1%2 6asc%3D30242%26meid%3D1ec0911473b842058047ee026f5c 9d81%26pid%3D100009%26rk%3D1%26rkt%3D1%26sd%3D2816 79725972

Ponce

3rd May 2015, 09:19 AM

Do you have some new definition for terrorist that I am not aware of?

Some guy put 2.5 oz of gold on deposit 135 years ago and has this warehouse receipt to prove it. If the paper is no good then WHAT HAPPENED TO THE DEPOSIT? And if the U.S. can default on things deposited THEN why would you believe they won't default on anything they promise TOMORROW?

Anyone who the US wants to call a terrorist........just think of all those 2,4,5 years old that the US and the Zionist are killing overseas.

And here in the US? anyone who talks against the imperialist warmongering government......according to the new rules I AM NOW A TERRORIST.

V

Hitch

3rd May 2015, 11:16 AM

Again .... you are guessing at fruits without any commitment. Keep concentrating on the negative things and you will find only negative things happen to you. That is the role your mind plays in determining the law of your nature.

I was thinking the same exact thing about you, actually. You focus so much time and energy on rhetoric, which has no meaning and no application in real life.

Ponce

3rd May 2015, 02:26 PM

By their actions the US created terrorists...terrorists are not born that way but rather are influenced by the actions of others around them. You really don't know shit about me and even those who put me up to it even refuse to say that I exist........ I believe that by using the word "rhetoric" you are saying that I am against what you think or feel..........welcome to the mind of the US government.

V

Ponce

3rd May 2015, 02:26 PM

BrewTech

3rd May 2015, 04:07 PM

Glass

3rd May 2015, 06:22 PM

I was thinking the same exact thing about you, actually. You focus so much time and energy on rhetoric, which has no meaning and no application in real life.

the world is all about position. That is how it operates. Who has the superior claim and consequently position in equity. The government spend a great deal of energy getting the superior position over us. They create rules that give them this superior position. Then they make a claim against us using to gain this position. Speeding ticket, parking ticket, city rates and taxes, income taxes.

in fact income taxes is the superior position over everyone that they achieved through the incompetence or corruption of someone who represented the people.

The same principles have been in play for at least 800 years. Old things are not dumb or dead or stupid because they are old. They are principles still in use today. Methods still being used against you.... YOU..... today 800 years later. Learn what they do to you and you can Fight them if you want, avoid them if you can or return fire using the same armory they are using against you.

The bible is not irrelevant today because its stories compiled hundreds of years ago. It is the original law book and it is as relevant today as it was back then. You only have to read the first few chapters of the old testament look around you to see it is describing exactly what is being done to you..... the people. The methods are described right there. Its a hitch hikers guide to the law.

palani

3rd May 2015, 06:45 PM

You focus so much time and energy on rhetoric, which has no meaning and no application in real life.

Do you believe your purpose in life is to overcome or to just order another beer and sire children?

Hitch

3rd May 2015, 07:20 PM

Do you believe your purpose in life is to overcome or to just order another beer and sire children?

I believe the purpose of life is to seek truth, and maybe enjoy a bit of life on this journey we have. This gift of life, God has given us.

What I don't want to waste time on, is things that don't apply to the real world we exist in, today. I agree 100% with your thoughts on life with our .gov oppressing us. I don't agree with a 100 year old Fed note saying the bearer of demand we get gold for that, when we both know, for fact, that's BS and doesn't apply in our current time.

Life is a mix of grounding ourselves in reality, and enjoying our passions. If you can do both, you live a full life. Living in past realities does nothing to accomplish that.

palani

3rd May 2015, 07:34 PM

I believe the purpose of life is to seek truth, and maybe enjoy a bit of life on this journey we have. This gift of life, God has given us. You won't find any truth by not seeking out the truth. It isn't going to come find you. Think of truth as a prairie dog that pops its head out occasionally to make sure the coast is clear. Truth does not like to be found out.

What I don't want to waste time on, is things that don't apply to the real world we exist in, today. I agree 100% with your thoughts on life with our .gov oppressing us. I don't agree with a 100 year old Fed note saying the bearer of demand we get gold for that, when we both know, for fact, that's BS and doesn't apply in our current time. I don't know what you THINK you know of my beliefs but I assure you that I don't believe for an instant that anyone here is oppressed. What I do believe is that most here have been programmed since childhood and have difficulty overcoming this programming. But that is fine ... because if they are happy where they are at then who am I to interfere with their version of LIFE? If it suits them that I am being unreasonable or irrational then so be it. I completely agree with these folks .... my observations tend to be for those who are capable of seeing and not for those who are happy and clueless.

Living in past realities does nothing to accomplish that. Procedures such as requesting redemption of these old certificates keeps certain issues alive and it keeps politicians on the defensive to some extent. Issues are not dead and settled until these past promises turn to dust and blow away in the wind. Unless of course you have decided that you would rather be taking part in the bankruptcy rather than the one pointing out that a bankruptcy exists.

Hitch

3rd May 2015, 08:07 PM

I completely agree with these folks .... my observations tend to be for those who are capable of seeing and not for those who are happy and clueless.

This is the crux of this discussion. My question to you....is if someone does NOT agree with you, are they labeled happy and clueless too?

Second question, are you satisfied with that? From a truth seeking standpoint, I should add.

palani

4th May 2015, 05:02 AM

if someone does NOT agree with you, are they labeled happy and clueless too?
If so then I was happy and clueless for quite a few years myself.

I don't expect everyone to agree with my observations. There are any number of reasons why someone wouldn't agree with me. One of these reasons is I could be wrong. Another reason is that agreeing with me will interfere with the manner in which their own lives are conducted. A third reason is that should they agree and decide to take some action there actually could be a risk involved. The Army can teach recruits to rush machine gun nests in 90 days but suggest someone write a letter to his representatives that might be interpreted as 'critical' and that action becomes too risky.

If my responses to criticism sometimes seem sharp be aware than I can only respond with the same respect I receive. Stones and arrows delivered are stones and arrows returned (accounts must remain balanced).

are you satisfied with that? From a truth seeking standpoint, I should add.
The truth is the truth and I have no ability to alter it. My truths are not the truths of someone who believes Bill Gates is rich or that 7th_trump has succeeded in anything worthwhile by avoiding taxation. This should tell you that truth is a matter for each man to discover and truth is not a universal absolute.

monty

27th November 2015, 06:04 PM

Today my son-in-law got two of these in his change.

http://s19.postimg.org/5t5rk0pr7/image.jpg

palani

27th November 2015, 06:07 PM

Today my son-in-law got two of these in his change.

http://s19.postimg.org/5t5rk0pr7/image.jpg

I imagine some kids got into Grandpa's collectables.

Cebu_4_2

27th November 2015, 06:10 PM

Today my son-in-law got two of these in his change.

http://s19.postimg.org/5t5rk0pr7/image.jpg

Looks to be real. I wonder if someone turned in a stack of these and they didn't pass through a bank or something.

monty

27th November 2015, 06:10 PM

I imagine some kids got into Grandpa's collectables.

Quite possible.

I was thinking maybe times got tough and Grandpa needed to dig into the stash for vittles

Cebu_4_2

27th November 2015, 06:12 PM

Quite possible.

I was thinking maybe times got tough and Grandpa needed to dig into the stash for vittles

Still only worth $1.00 worth of silver so in reality not worth so much. If it was worth 1oz or something it'd be different.

monty

27th November 2015, 06:19 PM

Cebu_4_2

27th November 2015, 06:21 PM

You might to better on Ebay

You would do better there, what a sham.

monty

27th November 2015, 06:26 PM

Looks to be real. I wonder if someone turned in a stack of these and they didn't pass through a bank or something.

I am thinking it was part of someones collection who either got hungry or like Palani said the grandkids got into Grandpa's collectables.

BrewTech

27th November 2015, 06:35 PM

Actually found one of those on the ground in the alley behind work... Fine shape, too...

govcheetos

27th November 2015, 06:40 PM

Since 1968 the government has stopped redeeming them. They will give your choice of counterfeit half dollars, 4 potmetal quartees, 10 fake dimes, 20 nickels or 100 zinc pennies. Also they will trade you for 1 FRN. You might to better on Ebay

The 20 nickels are at least 95% copper unlike the other junk coins, some that could be used for sacraficial anodes on boats

monty

16th October 2016, 10:36 PM

Redeemable in gold or lawful money

http://www.panix.com/~clay/currency/2151H-001.jpg

Redeemable in lawful money

http://i.ebayimg.com/images/i/331810080302-0-1/s-l1000.jpg

crimethink

17th October 2016, 01:09 AM

Redeemable in gold or lawful money

http://www.panix.com/~clay/currency/2151H-001.jpg

It certainly does present prima facie evidence that "Federal" Reserve Noes are not actually "lawful money," eh?

Glass

17th October 2016, 01:25 AM

I like how it has an image of Independence Hall on it.

A very telling note.

monty

12th July 2017, 06:46 AM

^.....

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A statute requires that a Federal Reserve Note be "redeemed in lawful money", then the Note itself cannot be lawful money. Lawful money is?12:41 AM · Jul 12, 2017 (https://mobile.twitter.com/CONSMILITIA/status/885011287071240192)4 Retweets (https://mobile.twitter.com/CONSMILITIA/status/885011287071240192/retweets)
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