Real Money, The American Liberty Dollar
Real Money, The American Liberty Dollar, America's Inflation Proof Currency
 

Liberty Dollar FAQ

Frequently Asked Questions about the Liberty Dollar


Is The Liberty Dollar legal?
Yes, The Liberty Dollar is absolutely 100% legal, lawful, and Constitutional! Legal opinions have been obtained by prominent attorneys that validate that The Liberty Dollar complies with all US laws and the Uniform Commercial Code.

Legally, The Liberty Dollar is a warehouse receipt that guarantees that whoever is holding the currency has ownership to the silver stored in the insured warehouse. The $10 Certificate is backed by one Troy ounce of pure .999 fine silver, the $5 by a half-ounce and $1 by a tenth-ounce. The $500.00 gold certificate is backed by one ounce of pure .9999 fine gold.

The Liberty Dollar is also a petition for a lawful currency as specified by the U.S. Constitution, and thus protected by the First Amendment.

See Is It Legal? for more information.

Are there other alternative currencies out there competing with the Fed?
Yes. It should be noted that 40 communities in the U.S. utilize their own money system. For example: Ithaca, NY has had national publicity on the use of its "HOURS" with the value of an hour being ten dollars. Thus, labor is fixed at ten dollars per hour as a standard. The Hour circulates throughout the community as money and is backed by local labor; which necessarily limits the currency to local use.

The Ithaca program serves a good local purpose and many other communities have followed the example implemented by Ithaca. Parade Magazine featured a two-page article on the Ithaca Money on July 5, 1998, the day following Independence Day. This article went out to about 55 million people. People are becoming aware of other currencies and you now have a choice.

What makes The Liberty Dollar superior to all those other alternative currencies? Unfortunately, those other currencies were merely designed to strengthen their local economy, and are thus only good in their location. For example, you cannot spend an Ithaca Hour in Macon, Georgia, because it is only redeemable in labor from Ithaca, New York.

However, The Liberty Dollar was designed to strengthen our national economy. It is a warehouse receipt, redeemable in .999 pure silver or .9999 pure gold anywhere. Thus, it is negotiable anywhere. In fact, its use isn't even limited to the United States. So, we wouldn't be a bit surprised if we didn't have the first truly global, physical currency on our hands.

Will counterfeiting be a problem?
The Liberty Dollars' security against forgery is extremely high. Anti-counterfeit measures include special paper, micro-printing, silver and gold foil-stamping, a hologram, and more. Actually, anti-forgery security with The Liberty Dollar is much higher than with Federal Reserve Notes

How long has The Liberty Dollar been available?
Since October 1, 1998.

Where can I get The Liberty Dollar?
NORFED has an international network of Liberty Associates that grows daily. The function of these centers is to exchange Federal Reserve Notes for Liberty Dollars. You can also order online.

When should I order The Liberty Dollar?
Now. The sooner the better. Remember, the "early bird gets the worm," and low collector numbers.

Where can I redeem The Liberty Dollar?
At any NORFED Liberty Associate or through NORFED. The toll-free number for redemption 888-421-6181 is listed on every Liberty Dollar Certificate.

Why should I exchange my money for Liberty Dollars?

  • Because bank notes are debt-based and not redeemable.
  • Because you want to affect a real change in a peaceful and positive way.
  • Because you do not want to participate in the fraudulent Federal Reserve System.
  • Because you want to protect the value of your assets.
  • Because you want to make a strong political statement.
  • Because you support the Constitution of the United States and your State Constitution.

But why should I pay twice the price for silver?
Put simply, you aren't. The Liberty Dollar is a currency, not an investment. If you want to buy silver at the spot price, then buy silver bullion. Of course, you'll have to buy quite a large quantity to get it that low.

We are trying to bring about a positive political and economic reform, and that costs money--not to mention the costs of minting, storage, insurance, printing and distribution, bookkeeping, supporting the Liberty Associates, advertising, and all the other usual expenses of a free-market enterprise which have to be paid for.

Remember, when you accept a $100 Federal Reserve Note, you are trading $100 worth of goods or services for a 3-cent piece of paper, backed by nothing but debt and delusion. Partial-backing with value is infinitely better than zero-backing with debt.

Click here for a more in-depth explanation as to why you are definitely getting your money's worth with The Liberty Dollar.

Where can I spend The Liberty Dollar?
Our web site maintains a listing of businesses that accept The Liberty Dollar for full or part payment for their goods and services. It will be updated frequently, so check it often.