Product Description

These are the last of the Liberty Dollars for sale online. On November 14th, the federal government raided Liberty Services and seized all of their inventory and dies. In doing so, they effectively put them out of business. There will be no new supply of Liberty Dollars for the foreseeable future and much of the existing supply was seized in the raid. Therefore prices of available Liberty Dollars have spiked to $50 per ounce. These are being sold as collectables. Liberty Dollars are legal to own, but are not government money.

Product Details

• Amazon Sales Rank: #46110 in Single Detail Page Misc
• Brand: Liberty Dollar
• Dimensions: .39" h x 1.54" w x 1.54" l, .13 pounds

Features

• 2oz .999 fine Silver Proof
• Limited edition of 1,000 pieces. Each is individually numbered on edge.
• Comes in AirTite Case
• Comes in Velvet Steel Box

Customer Reviews

These look great and are pretty cool.

Its amazing the amount of misinformation and confusion that exists around the nature of money. Much of this is due to deliberate propaganda that has been disseminated over the last 70 years. How many people know that every US dollar used to be made of silver? Or that gold was a common metal in american coins? How many people know what "Legal tender" really means? (Here's a hint- it simply means "the government takes it as payment for taxes"... that's all. It doesn't mean "legal to use" implying that everything else is illegal.)

Regarding the other review, from someone whose sole purpose seems to be to attack that which she does not understand, I would spend a long time explaining and describing the errors, falsehoods and misrepresentations there. And in doing so I would be giving this person more attention than they deserve and more legitimacy than they have earned. So, I will list a few facts:

Bullion is never Legal Tender. Bullion by definition means "metal medallions that are not coins and instead trade for their metal content." Note the operative distinction-- yes, coins don't trade based on their metallic value, but based on the face value given to them by legislative fiat.

Its amazing that people have become so inured to this situation that they attack legitimate, real, silver pieces for the failure of being real-- that is for the failure of being made of silver and trading based on silver value (or in this particular case, rarity)-- and act as if somehow, because these trade based on silver, rather than being worthless cheap metals like copper, zinc and tin, who trade by fiat, that somehow people are being cheated?

The cheats are the ones who took the copper out of pennies, the nickel out of nickels and the silver out of dimes, quarters and dollars!

Now, the US mint did issue a press release-- some PR hack wrote up a bunch of strongly worded but completely unsupported legal opinion (and note this was the US Mint, not the justice department) attacking the liberty dollar. Seems they don't like other people selling pieces that are nicer looking and of better finish than their overpriced pieces.

Those who are charged with actually looking for counterfeiting are the Treasury department and the Secret Service-- two organizations who recognize that the Liberty Dollar is legitimate, that it is not counterfeit, that it is not pretending to be US Government issued money.

Further, anyone who reads the description here will see that it is not presented as such.

Finally, the above "Review" is not a review of the piece presented in this listing at all. Its from someone who has never apparently held one, or recognized that this piece was a commemorative issued in celebration of an anniversary... not to be used in exchange... and even so, there is no law in the US that prevents trade between people using whatever they wish to trade.

For instance, Visa cards are not US government issued but people use them to trade all the time. Visa is a currency because it is used in payment of current debt, or buying day to day things... it is exchangeable in and out of US Dollars like the Liberty Dollar, and it is perfectly legal-- even though it is not created by the US government, and even though someone who offers it in payment is not offering US government money as payment. ( And nothing says you have to- there is no law in the US that says you have to buy things with US dollars... if there were , taking canadian dollars or Mexican pesos would be illegal too... as would using a visa card.)

So, please bear with me, I have gone on at length when I promised to make this short- I am simply amazed that people will take the time and spread dishonesty and propaganda about a product which harms nobody and actually whose sole purpose is to try and help people understand that they have been cheated by their own government.

Yes, this isn't government money, that's why it is real.

If you don't like it, don't buy it, don't use it. But what kind of sickness makes people want to force others to act exactly as they do? Why not let others trade with what they want? I think the answer to this is a deep-seated desire to deny the reality that the Liberty Dollar puts the lie of Fiat Currency in the public eye where it cannot handle the scrutiny.

NOT LEGAL TENDER
PLEASE DO NOT INVEST IN THIS AS BULLION- it is not backed by the US govt as it is not Legal Tender.

"The United States Mint urges consumers who are considering the purchase or use of these items to be aware that they are not genuine United States Mint bullion coins and they are not legal tender. These medallions are privately produced products and are not backed by, nor affiliated in any way with, the United States Government."

Moreover, prosecutors with the Department of Justice have determined that the use of these gold and silver NORFED "Liberty Dollar" medallions as circulating money is a Federal crime.

Consumers may find advertisements for these medallions confusing and should take note of several issues related to them.

First, the advertisements refer to the product as "real money" and "currency." These medallions might look like real money because they--

Bear the inscriptions, "Liberty," "Dollars," "Trust in God" (similar to "In God We Trust"), and "USA" (similar to "United States of America"), and an inscription purporting to denote the year of production; and


Depict images that are similar to United States coins, such as the torch on the reverses of the current dime coin, 1986 Statute of Liberty commemorative silver dollar and 1993 Bill of Rights commemorative half-dollar, and the Liberty Head designs on the obverses of United States gold coins from the mid-1800s to the early 1900s.
However, despite their misleading appearance, NORFED "Liberty Dollar" medallions are not genuine United States Mint coins and they are not legal tender.

Second, the advertisements confusingly refer to NORFED "Liberty Dollar" medallions as "legal" and "constitutional." However, under the Constitution ( Article I, section 8, clause 5 ), Congress has the exclusive power to coin money of the United States and to regulate its value. By statute ( 31 U.S.C. § 5112(a) ), Congress specifies the coins that the Secretary of the Treasury is authorized to mint and issue and requires the Secretary to carry out these duties at the United States Mint (31 U.S.C. § 5131). Accordingly, the United States Mint is the only entity in the United States with the lawful authority to mint and issue legal tender United States coins.

Under 18 U.S.C. § 486, it is a Federal crime to utter or pass, or attempt to utter or pass, any coins of gold or silver intended for use as current money except as authorized by law. According to the NORFED website, "Liberty merchants" are encouraged to accept NORFED "Liberty Dollar" medallions and offer them as change in sales transactions of merchandise or services. Further, NORFED tells "Liberty associates" that they can earn money by obtaining NORFED "Liberty Dollar" medallions at a discount and then can "spend [them] into circulation." Therefore, NORFED's "Liberty Dollar" medallions are specifically intended to be used as current money in order to limit reliance on, and to compete with the circulating coinage of the United States. Consequently, prosecutors with the United States Department of Justice have concluded that the use of NORFED's "Liberty Dollar" medallions violates 18 U.S.C. § 486.