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2000 NORFED American Liberty Currency $10 1 oz .999 Fine Silver Round – Early Issue Sound Money Piece!
Here’s a genuine 2000 NORFED $10 American Liberty Currency silver round — one of the early, scarcer issues of the private voluntary barter currency (PVBC) that stood as a silver-backed alternative to fiat Federal Reserve Notes.
Specs
Year: 2000
Denomination: $10 (the original base value when 1 oz of silver = $10)
Metal: 1 full Troy ounce .999 fine silver
Weight: 31.1 grams
Diameter: ~39 mm
Edge: Reeded
Mint: Sunshine Minting, Coeur d’Alene, Idaho
Condition: Attractive proof-like / brilliant uncirculated surfaces with strong mirrors and frosted devices. Light handling marks typical of these early pieces that were intended for real-world use.
Obverse: Classic Liberty head wearing a tiara inscribed “LIBERTY,” with “LIBERTY” around the rim, “TRUST IN GOD,” and “USA.”
Reverse: Flaming Torch of Liberty, “AMERICAN LIBERTY CURRENCY,” script “Liberty 2000,” “$10 SILVER ONE OUNCE .999 FINE,” “TEN DOLLARS,” and “© NORFED 2000.”
History – Why These Were Made
Bernard von NotHaus (co-founder of the Royal Hawaiian Mint) launched the American Liberty Currency in October 1998 through the National Organization for the Repeal of the Federal Reserve and the Internal Revenue Code (NORFED).
The mission was straightforward: create a private, voluntary, 100% silver-backed currency that ordinary Americans could use as an inflation-resistant alternative to government fiat money. Paper warehouse receipts were fully redeemable for the actual silver rounds stored at Sunshine Minting. These were never U.S. legal tender — they were private voluntary barter currency.
By early 2000, roughly $230,000 was already circulating. Hundreds of merchants across all 50 states accepted them. At its peak the system had about 250,000 certificate holders and tens of millions in face value issued overall.
Exact mintage for the standard 2000 $10 silver rounds is unknown (they were struck as demand required). Early-year pieces like this 2000 are noticeably scarcer than later high-volume issues and are actively collected by sound-money and private-currency enthusiasts. (A short-lived “Godless” error variety missing “TRUST IN GOD” had only about 1,000–2,000 pieces before correction.)
Production effectively ended after the November 2007 FBI/Secret Service raids on NORFED/Liberty Services and Sunshine Minting. Bernard von NotHaus was later convicted in 2011 on charges related to the coins resembling U.S. currency. Many seized pieces were eventually returned to owners (allegedl). No more will be made.
Why This Matters Right Now – Senator Rand Paul’s Fort Knox Visit
Just days ago (August 10, 2026), Senator Rand Paul toured the U.S. Bullion Depository at Fort Knox and confirmed: “Yes, the gold is there — all (approximately) 147 million ounces.”
But Paul immediately pivoted to the bigger lesson: the dollar has lost roughly 97% of its purchasing power since the Federal Reserve was created in 1913 ($100 then ≈ $3,300+ today). Since Nixon closed the gold window in 1971, the currency has lost about 85% of its value. He blamed Congress’s unlimited spending and the Fed’s money-printing for the ongoing “affordability” crisis that hits everyday households.
This is exactly the problem NORFED was founded to address more than 25 years earlier — the erosion of the dollar’s value under fiat money and the need for sound, commodity-backed alternatives. (Fun historical note: NORFED even struck commemorative “Ron Paul Dollars” in 2007 — just before the raids — celebrating the elder Paul’s long advocacy for sound money and auditing the Fed.)
Owning a piece of early American Liberty Currency is owning a tangible reminder that people have been fighting the same monetary issues for decades. Real silver. Real history. Real relevance in 2026.
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More cool coins, silver rounds, and sound-money pieces in my shop — check them out!