We now know that at least ONE COIN has the Congressionally Established Value of One Dollar
I just got a letter in the mail from the U.S. Mint. I got it because I wrote (through his contact page) to Senator Harry Reid (Nevada) and he asked them to answer my questions. It was a follow up to another letter that did not give me the definite answer I wanted and I told them so. I will be scanning this letter in and it will be up on Independent American News soon, in its entirety. BUT!!! here is the most important section of the letter concerning the silver dollar coins minted as per 31 U.S.C. sec. 5112(e).
You state that it seems to you that these coins cannot have both a value and the nominal value, but that is precisely the case. Indeed, the answer to your questions about the value of these coins is actually two-fold:
1. Congress has established $1 as the legal-tender value for these coins, which is their nominal face value or monetary value. See 31 U.S.C. Sec. 5112(e)(4). Congress specifies this $1 denomination for the coin based on its authority to regulate the value of coins under Article 1, section 8, clause 5 of the United States Constitution.
Therefore the Silver Eagle has a value, established by Congress, under Article 1, section 8, clause 5 of the United States Constitution that is ONE DOLLAR.
We may not have a “standard definition of the U.S. dollar” but we now can claim that the Deputy Director of the United States Mint, Richard A. Peterson has informed us that the silver Liberty $1 coins minted as per 31 U.S.C. Section 5112(e) have been valued, by Congress as ONE DOLLAR.
This is, of course, needs to be combined with my letter from Senator Ensign that proudly proclaims that Federal Reserve Notes are not dollars. And look at the wonderful letter from Utah U.S. Senator Lee that says “there is no standard definition of the U.S. dollar…”
Then we combine this information with the Least Restrictive Clause of the Religious Freedom Restoration Act proves that EVEN if you are a taxpayer that the average American Christian citizen never crosses over the dollar threshold of being required to file for the average American.
So the VERY short version is:
Did you have 527,340 FRNs in income last year. Are you married? Then you are below the IRS’s filing requirement minimum. Why? Because under the RFRA (if you believe the Bible on money) then the least restrictive “dollar” is the silver dollar minted by the U.S. Mint to calculate the value of your income.
So now the only questions is: What will you do with this information?