The Liberty Dollar is a private currency embodied in minted metal pieces (referred to as rounds) and gold and silver certificates (ALD), and electronic currency (eLD). ALD certificates are warehouse receipts for real gold and silver owned by ALD certificate holders, warehoused at the Sunshine Mint in Coeur d'Alene, Idaho. The Liberty Dollar is distributed by Liberty Services (formerly known as NORFED), based in Evansville, Indiana. It was created by Bernard von NotHaus, the co-founder of the Royal Hawaiian Mint Company.
The Liberty Dollar warehouses were raided and the contents confiscated by the US government (FBI & Secret Service) on 15 November 2007. The government states this confiscation is intended to prevent people mistaking Liberty Dollars for legal tender; the Liberty Dollar organisation are accused of illegally presenting the currency as a legal alternative to the United States dollar.
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