Norfed-Liberty Dollars

Anyone heard of BitCoin? I think the open-minded numismatist would be very intrigued by this new medium of currency...

(I'm mentioning it because its another revolutionary alternative currency)

 

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Yes I have. First time I heard of it was in an article about an underground site called, 'Silk Road.' Silk Road is like eBay, except the site's purpose is to sell drugs.

Article: http://gawker.com/5805928/the-underground-website-where-you-can-buy-any-drug-imaginable

Quite interesting, but it doesn't look like it is as anonymous as once thought.

 

I hadn't, but I'm glad you mentioned it. I found the Wikipedia read on it very interesting. It sounds like it could be profitable, but I couldn't exactly verify the claims based on a link to a chart that the value has increased 300 fold in 8 months! Even though it has built in deflation due to approaching a finite supply limit which has been behind the price increase so far, I think it risks having its user base usurped by the next system of its kind which would hurt the value. The legal implications are vast and uncharted to say the least.

 

Couldn't resist shooting some one more.

 

duplicate post

 

Copper or sivler?

 

It's copper.
I'm a little bit worried though, could you not tell that piece was copper?

 

Yes. Copper was my first thought. The pic was so bright and shiney, I began to wonder if I was seeing a reflection. My copper rounds are not as "proof" looking as yours. I have a roll of something similar - a roll of 1 oz copper rounds. I like the paper roll that mine are in. I am trying to not molest them.

 

Never heard it described that way, lol... I guess there's nothing worst than being a coin "molester"!

 

Not all of my copper coins turn out that way. For the most part it is the way that the Copper Gun Dollars were struck.
The other copper from previous years isn't anything near as 'proof like'

 

that copper coin was not produced by Liberty Dollar

 

I'll post some of my collection later today, the Ron Paul $'s are the best, and the big 10oz...

 

Right. After the raids, and the shutting down of Liberty Dollar, the pieces such as the "Gun Dollar" were minted by other companies.
There are other dollars made by other companies as well, not struck/authorized by Liberty Dollar, such as the Aspen Dollar.

 

These 'other' pieces (the Gun Dollar, specifically, as I've not seen them before)....the obverse design is identical to that of the Norfed (with the exception of the wording). Is that obverse not identical to the Norfed? The reverse looks very similar to what would appear on the reverse of one, also. Was the Norfed copyrighted (not that there's a whole helluva lot Von Nothaus can do about behind bars).

 

The obverse being the same is kind of the point.
I can't say that if these companies who minted the other pieces were just trying to carry out the Norfed/Liberty Dollar name, or wanted to make a profit. Probably a little of both.
Someone involved in Liberty Dollar who isn't in 'trouble' by the law could've requested that these pieces be made or he/she could have possibly gotten together with other companies to mint these coins, without the Liberty Dollar name on them.

 

$20 is 1 ounce
$100 is 5 ounce (same size as ATB bullion)

The denominational smaller ones that are stamped are for barter/trade in stores.

$1 Ron Paul Copper
$20 Ron Paul Silver

All these are in proof except copper.

I also have two 10 ounce proofs (not NORFED thought they were, but they're from cheez-mint) which are standing liberty replica of silver eagles.

I know theres more but could not find in safe.