"New Liberty Dollars" (old Norfed design)

I picked mine up from ebay!!! for 38.33 a piece

 

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Not sure how to Juan. Tokens, casino chips, even coupons. It's just the law is messed up. A lot of these laws contradict each other. Is the govenment saying these (original Liberty Dollars) are counterfeit peace dollars? No way! - I have a friend who stacks 5k casino chips in his safe. What if he gave me a couple to buy a car from me or something. Have I broken the law? - If i have a coupon for 50 cents off yogurt, and it's accepted at any grocery store, isn't that basically non-government printed currency? - Honestly, no one bought norfeds because they planned to use them as currency, just collector bulloin. - The new ones say "Right To Contract" which is true. If a business says they are willing to accept these as payment (I know of no such businesses) that's their right to contract. But with the new ones having a face price of "Fifty", and silver down, what business would do that? - I'm just a collector Juan of silver coins and rounds that I find interesting, and these are definatily interesting. - You are always on the Liberty Dollar theads Juan. Why? Because the whole thing is interesting to you too. :yes:- They are selling way over spot, that is agreed. But so is most other collecter bullion. - I think you have something personal against von NotHaus. But why let politics get in the way of collecting? Half the coins on this furum could be talked about negatively; this country did this, or this leader did that. I don't look at the politics of collecting this or that. - If Bernard were here right now, I'd love to have a beer with him, pick his brain.

 

Many people bought them to trade or use them instead of dollars, that's what the whole gov't case was about. There were businesses using them instead of money that was the whole problem and that's what irked the Gov't in the first place. Not everyone collected them because they were coin collectors at all. People were spending them at Dave Gillie's restaurant and gas station too. They were definitely being used instead of US Dollars. Juan will chime in soon I'm certain of it. ~kind regards

http://www.nytimes.com/2012/10/25/u...his-fate-behind-bars.html?pagewanted=all&_r=0


"Now jump ahead to 2004. A detective in Asheville, N.C., learned one day that a client of a credit union had to tried to pass a “fake coin” at one its local branches. An investigation determined that some business acquaintances of Mr. von NotHaus were, court papers say, allied with the sovereign citizens’ movement, an antigovernment group.

Federal agents infiltrated the Liberty Dollar outfit as well as its educational arm, Liberty Dollar University. "

 

No I understand that Fretboard. I think that came out wrong. I meant most coin and bullion collectors didn't get them for use as currency. -

 

It's kind of weird asking someone why he's "on" his OP, and this is the first thread on NLDs that I "found" LOL. (I've made 1 or 2 OPs about Norfeds, so yes obviously.)

I'm interested in grifters, too... and WHO THEY CON as a type. I'm not sure I "get" most other coin-collectors (even though I'm one) there are some peculiar demographics here I am struggling to understand. I'm bafffled by the "I'll-pay-3x-more-for-x" when & where there's no sound basis whatsoever for that transfer.... and it's about MONEY after all. Notably, it seems that ~90% of the Norfed mkt collapsed, even while prices (in auctions that persist) remain high. People are as kooky about new (not-rare) coins as about Beanie-Babies, apparently. (The super rare Royal Peanut sold for $380.43 a few weeks ago, btw.)

Seen as indicators as how much daffy-money is still floating around the system, we're obviously nowhere near the bottom. The Fed's bailouts worked!

 

I am told if you show off this series
The Secret Service will take them from you.
So I would put a zipper on my lips + camera to if you do not want S.S knock on you door.

cell jello.

 

Nah, the Secet Service will only bust if you're on radar and potentially laundering money (other bad stuff) - they don't have time for CL traders of contraband.
Coin dealers, they do need to worry - potential business risk, there.

 

-Juan, I know you’re the OP. I know you believe Bernard von NotHaus is a fraud. But I don’t think anyone got swindled except the people that purchased electronic currency (ELD’s), and paper currency ALD certificates. I believe when the government raided Sunshine Minting and took all the PMs that backed that stuff, it’s kinda like the government swindled the people. Bernard even filed a suit so these “victims”could recover their assets. - The winners are the people that bought the one ounce rounds at $10 or $20 each. – What do you think will happen with that massive stock pile of Pms? I believe in this case the government keeps all evidence in conjunction with a felony charge. Those Liberty Dollars could be ASEs next year, that gold could be used to coat new fake bars, ect… - The biggest winner is the US government.

On the bright side, here’s what the New Liberty Dollars look like! And I have heard nothing about these being illegal. I shoot with a cell phone, so they look much better in hand. Double struck, looks nothing like those dull stock photos they show.

 

John14-
I don't "believe Bernard von NotHaus" is a fraud. He IS a fraud. A convicted felon fraud, in fact. It's not a matter of opinion nor 'belief.' It's a matter of the public record.

Beyond the grammar, I'd take issue with the words "think" and "except" in that sentence ... but know full well this is a lost cause, chief. Good luck!

Off-topic pet-peeve of mine: I absolutely HATE products with "Manufacturer's Suggested Retail Price" permanently attached, emblazoned, etc. This is probably totally irrational, I know, but it just screams tacky doesn't it?

 

Anyone know if there is a website that catalogs or documents the many varieties and dates of Norfed releases? I see a lot of different Norfed/Liberty dollars on eBay and wonder what the full extent of the releases so far have been?

 

This site gives all the liberty dollars released, and mintage etc. https://sites.google.com/site/libertydollarencyclopedia/-10-base-silver-ounces

 

Back when Norfeds were hot (ridiculously high premiums) there were RARE! varietals that no one bothers to list as such anymore.

Good luck finding mintages.

 

I'm guessing it might have been smarter just to leave out the "$50 MSRP" and "Fifty New Dollars" on the new round. Maybe direct them to the spot price of silver or something.

 

From the site:
1999: "This is the common year 1999 piece. Many thousands were made."
2000 Type II : "Mintage is unknown, but it is at least 1000 and more likely two or three thousand."

See that's not very informative. I doubt most numismatists would be satisfied; ergo, it's ultimately a race to scrap for Norfeds.

Many (of the few) auctions are closing without bids. The few 1oz rounds currently sell ~2x POS; ~-$10 (less than) Eagles and +$15 more than foreign 1ozt coin. fwiw
​

 

Interesting in regards to these "new" coins. I've been collecting the "Bud's Gun Shop" coins that use the Liberty dollar design, so it'll be nice to compare those with these new coins.

 

I know 1 thing about the old liberty dollars.1995-2008.
There on the Secret Service Counterfeit
List you. Show/post them the one like this I got from S.S web site .
The men in black will be at your door

 

This is awesome....I really like the comedy part about race to scrap Norfeds, should make what's left pretty pricey???

 

I can't believe the gov will come to your door over one or two Liberty dollars , and if they do my faith in our gov will slip a little more .