NORFED round collecting

Recently I've become very interested in collecting silver NORFED rounds and find the history behind them fascinating. When I do come across them, primarily on eBay, they demand a higher price than other rounds and go for well over silver value. I've done some online research and it seems that a lot of people collect them, but you don't hear much talk about NORFED rounds. Do any of y'all collect them? Do y'all think that they possibly will hold a collector value well into the future like rare coins would? I know no one can predict the future, but I don't know of any other websites to get NORFED info at. I look forward to y'alls input.

 

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I've got a 2007 $1 NORFED copper piece. It's 1 adv. oz. Nice design too - I heard The Fed confiscated all thier dies though.

 

shot in the dark...but...you from texas?

 

Do sasquatches bury their dead? Yeah I'm a Texan.:yes:

 

The story is so interesting, and the community around them has such long memories, that it seems reasonable to guess there will be a long term market.

 

This is my one and only Norfed coin. Yes, the fields are proof like.

 

I've got a piece exactly like that. I love 'em. Very beautiful. I also have the 2008 $5 piece as well. Looks the same just a little smaller.

 

Can you still turn their paper ones in for silver?

 

No, the U.S. government confiscated all of it. So technically if you bought a NORFED paper dollar, the U.S. government would be the ones holding your silver bullion. And I don't think they'd give it up. However, they still sell simply for the history i guess. That'd be weird if after all the court battles are over if the government actually did give it back to those holding the paper dollars. I won't hold my breath, tho.

 

I hope you don't mind me asking but What are Norfed rounds???

 

Norfed was created as an alternate currency for use in the U.S. Norfed was deemed illegal and the Secret Service confiscated all their equipment and shut down their operation. Many merchants accepted Norfed as money before the gov't stepped in. Read more here:

http://www.gata.org/node/5056

I bought one of the copper Norfed dollars referred to that link a couple years ago on eBay for $5. As long as I don't try to pass it as U.S. currency, it's legal to own. Here it is:

 

NORFED = National Organization for the Repeal of the Federal Reserve Act

 

I just bought three copper Tea Party Dollars off eBay for quite a good deal. I freakin love 'em. They're not NORFED ,they're minted by Liberty Silver which was Bernard von Nothaus' newest minting operation after NORFED was shutdown. Now apparently all of his mints have been shut down including this one and now the website has been pulled. When you go to libertydollar.org, it says ,"site removed due to court order". Teapartydollar.org has been sut down too.

 

That's really something that all his operations have been shut down but I don't think we've heard the last of him yet. He had a very good opportunity to make alot of money and alot of ppl were upset when his operations were raided by the feds. All you gotta do is read about him and it's easy to see that it was a terrible idea from the beginning. Unfortunately fighting the Gov't took most of his profit margin. Oh well, maybe the TeaParty will have him lined up to run for Congress next year.

BTW-I have a TP dollar and a 2003 $5 Norfed. They look great and I think they will be collectible for a long time but the pricing isn't consistent.

 

I I have the Euro one and Ron Paul silver and rare ones.

 

Ohhhhh I like that $100. Here is my torch $20,

 

is there a NORFED coin collegting group? I went to a few coin shops in pittsburgh and they wanted nothing to do with them...

 

While browsing the net looking for sites that talk about the coins over the years, I came across this one:

http://sites.google.com/site/libertydollarencyclopedia/

Anyone else find other similar sites?

 

I seeen that site and talked to the guy who runs it via email. I think there is a limited amount of people who collect them. I found a guy who is selling alot of them around $40 and I bought the rare ones he had. The one shop has this thick book with alot of coins in them but I did not see the cover. I am looking for a good price guide for these coins.

 

Yeah, it's kind of hard finding info on these to build a collection. I'm quite fascinated by them and want to build up a collection. I've been buying various coins, but there seems to be quite a bit of variations on these (at least the reverses).