US Government Loses Gold Coin Forfeiture Case - A panel of the US Court of Appeals for the Third Circuit has ordered the the federal government to return valuable 1933 $20 gold coins to their owners, the...
5 days ago
Prosecuting, Colin McGregor alleged: “The defendant has spent in excess of £3,000 in order to create what is described as an ‘illicit mint’.” ... About 2,000 fake £1 coins were recovered, the court was told. Specialist officers also found a large amount of metal, as well as notepads allegedly with “stage by stage” instructions and diagrams showing how to make fake coins.We rarely think about what happens to modern counterfeits after they are seized. One man had an idea but his dream was denied by the UK's Royal Mint. Stephanie Cureton reports for the Wirral Globe that
Plans to build a sculpture made entirely out of fake coins used at Merseyside’s tunnel booths have been scrapped. Merseytravel asked the Royal Mint for their approval to commission a special piece of art made out of counterfeit £1 coins. ... Councillor Steve Foulkes, who is part of the committee, had said he was “sceptical” about the prospect of such a piece of art.Commenting on the newspaper's web site, a user identified only as Spiffy opined “no Turner prize for us.”