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<p>[QUOTE=&quot;Conder101, post: 81634, member: 66&quot;]Nope, the only law along these lines are in the Constitution which forbids the states (But not businesses or private citizens) from creating money.&nbsp; And an 1864 law that forbids the issuance of private money or tokens with denominations of less than one dollar.&nbsp; As long as it is more than one dollar it is perfectly legal.</p><p><br /></p><p>What I find amusing is that many coin collectors will criticize the Liberty dollars because the intrinsic value backing them is less than the face value, but then have no problem using and accepting Federal Reserve notes that have an intrinsic value of ZERO.</p><p><br /></p><p>The Liberty dollar idea is not a new one.&nbsp; A similar idea was promoted in Colorado Springs back in 1900.&nbsp; W know them today as Lesher Referendum dollars and today they ae eagerly collected and worth thousands of dollars.</p><p><br /></p><p>For other private and community based currency systems you might try a google search for private currencies, or community currencies.&nbsp; If those don&#039;t work try &quot;Ithica hours&quot;.</p><p><br /></p><p>Here is one article to get you started&nbsp; <a href="http://www.findarticles.com/p/articles/mi_m1571/is_9_19/ai_100111691" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.findarticles.com/p/articles/mi_m1571/is_9_19/ai_100111691" rel="nofollow">http://www.findarticles.com/p/articles/mi_m1571/is_9_19/ai_100111691</a>[/QUOTE]</p><p><br /></p>

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