NORFED Liberty Dollar

Monday, April 16, 2018

Liberty Dollars were created by an organization that is no longer in existence. (Ever wonder why so many things that used to be around are now gone?) The organization abbreviated its initials as NORFED and was supposed to provide an alternative currency to that of the gov. It was actually backed by gold and silver. They were made in several denominations but then seized having been too similar to U.S. money and probably due to the coins looking too similar to real currency caused them to be outlawed. Owning them as a collectible is okay but not to transact.

This article was inspired by:

https://www.thespruce.com/norfed-liberty-dollar-coins-768362