2000 Gold Norfed American liberty dollar

Discussion in 'What's it Worth' started by wickedsensation, Aug 1, 2011.

  1. wickedsensation

    wickedsensation New Member

    Hi I collect many different coins, but onw of my favorite are the Norfed Tokens. I am considering buying a 2000 gold ounce. Im afraid of over paying because its priced quite a bit above spot price. Are they that rare and In your opinion is it worth buying at a premium or do they sell as just another bullion token? I think its beautiful but I dont want to over pay please help me guys. Thank you And also I hope I posted this in the right section but Im new here so if I didnt I apologize.
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  3. fretboard

    fretboard Defender of Old Coinage!

    Norfeds are only worth a premium over spot to people who collect them. I like the silver ounces but personally I would never pay much over spot for the gold coins. Too big of a risk in my book.
  4. GeorgeM

    GeorgeM Well-Known Member

    I agree - I wouldn't pay above spot for a Norfed dollar.
  5. wickedsensation

    wickedsensation New Member

    Well Just an update...I ended up buying it for a hundred over spot..not too bad. But since then spot has gone up to more than what I paid.. so far so good.. Thanks everyone for your advice it helped me talk him down have a great night
  6. yakpoo

    yakpoo Member

    Personally I think you got a terrific buy!

    Norfed coins (YES! ...I said "coins") aren't all that plentiful...especially the gold ones. They are a product of our times and they represent the liberty Bernard Von Nothaus sacrificed to make them. I think these coins will increase in popularity (and price)...but it might take 50 years or more.
  7. awwatchdog1

    awwatchdog1 Member

    Are these coins now contraband?
  8. cvicisso

    cvicisso New Member

    Here's a link to an article with more info: http://www.coinworld.com/articles/liberty-dollars-may-be-subject-to-seizure/

    But this seems completely nuts to me (and yes - I may own a few NORFEDs...:rolleyes:). There are collectors on this forum who actively and openly collect KNOWN COUNTERFEITS of U.S. coins. Stormtroopers in jack boots aren't kicking down their doors (nor do I think they should). What's the big deal with the NORFEDs? Why is the government so ****y about them? I don't want to be a conspiracy nut, but jeez...
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