http://www.coinworld.com/news/preci...-to-return-millions-in-liberty-dollars-.html#Millions of dollars' worth of silver, gold, platinum and copper Liberty Dollar medallions and related property seized by federal authorities in 2007 will be returned to their owners, according to court documents.
The return of that property, however, is being delayed until all petitions filed seeking return of the property have been completely processed and any appeals finalized.
In documents filed Aug. 14 in U.S. District Court for the Western District of North Carolina in Statesville by Acting U.S. Attorney Jill Westemoreland Rose, 265 of the 302 petitions filed for the return of property were approved.
The court documents indicate the government is willing to settle 27 petitions in part. Seven petitions have been denied, four are in question and one petition is to be refiled.
The approved petitions also include paid-for but unfulfilled orders for Liberty Dollars.
Despite the 2011 conviction of Liberty Dollar creator Bernard von NotHaus on charges related to the manufacture and distribution of Liberty Dollars, U.S. District Court Judge Richard L. Voorhees ruled in late 2014 that seized property not deemed as contraband should be returned pursuant to ownership claims.
Meanwhile, since the seizure, prices for many Liberty Dollar issues, especially those with limited mintages, continue to rise in the secondary market.