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Topic: [WTS] 1998 NORFED Liberty Dollar $1 Silver Certificate -- only 1 left (Read 1653 times)

legendary
Activity: 4466
Merit: 3391
legendary
Activity: 4466
Merit: 3391
For sale: NORFED $1 Liberty Dollar silver certificates. 1 left. It is from the original 1998 series. It is in excellent uncirculated condition and is very collectible.

Price: 2 BTC + shipping (method of your choice), 3 2 1 left!

This is the original issue and has the $10 base where each Liberty Dollar is redeemable for 1/10 ounce of silver. Later issues were devalued to a $20 base.

The note is shipped in a currency sleeve.

Please note that this note can no longer be redeemed for silver (the silver was confiscated by the U.S. Government). These bills are for collectors only.

The story:

Quote
The Liberty Dollar (ALD) was a private currency produced in the United States. The currency was issued in minted metal rounds, and gold and silver certificates. ALD certificates are "warehouse receipts" for real gold and silver owned by the bearer. The metal was warehoused at Sunshine Minting in Coeur d'Alene, Idaho, prior to a November 2007 raid by the Federal Bureau of Investigation (FBI) and the Secret Service.

Until July 2009, the Liberty Dollar was distributed by Liberty Services (formerly known as "National Organization for the Repeal of the Federal Reserve and the Internal Revenue Code" (NORFED), based in Evansville, Indiana. It was created by Bernard von NotHaus, the co-founder of the Royal Hawaiian Mint Company. In May 2009, von NotHaus and others were charged with federal crimes in connection with the Liberty Dollar and, on July 31, 2009, von NotHaus announced that he had closed the Liberty Dollar operation, pending resolution of the criminal charges.

On March 18, 2011, von NotHaus was pronounced guilty on various counts, including the making of counterfeit coins.



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