NORFED $5 Proof Liberty Dollar (1/4 oz .999 Fine Silver)

The Piece: A striking, highly controversial private-mint silver round issued by NORFED (National Organization for the Repeal of the Federal Reserve Act and Internal Revenue Code), founded by Bernard von NotHaus. Struck as a 1/4 troy ounce of .999 fine silver carrying a $5 denomination, designed for voluntary barter and as a protest against fiat currency.

Obverse Design: Features a classic Liberty bust facing left, encircled by the inscriptions "LIBERTY," "USA," and "TRUST IN GOD".

Reverse Design: Displays the iconic Liberty Torch alongside the denomination "$5", "FIVE DOLLARS", "QUARTER OUNCE .999 FINE SILVER", and the historical NORFED contact markers (1.800.NEW.DOLLAR and LIBERTYDOLLAR.ORG).

Proof Finish: Special collector editions feature deep mirrored fields and frosted devices, giving them a high-contrast cameo appearance that pops hard under stream lighting.

The Backstory & Legal Status: Because these private medallions closely mirrored official U.S. coinage and used dollar denominations, the U.S. Government famously raided and shut down NORFED in 2007, later classifying the venture as a form of "current-simulating domestic coin-like counterfeit/private currency". While entirely legal to own, collect, and trade as historical numismatic items, they cannot be used as legal tender.