The now-defunct organization with the unwieldy name "National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code," or NORFED for short, produced the Liberty Dollar (ALD) coins. NORFED's goal, according to its founder Bernard Von NotHaus, was to provide an alternative currency to that which is issued by the U.S. federal government: a currency that is backed by gold and silver, and therefore inflation-proof. NORFED has manufactured these coins in various denominations, including $1, $5, $10, and $20 in silver, and $500 in gold.

In May 2009, Von NotHaus was charged with federal crimes in connection to the production of Liberty Dollars. On March 18, 2011, he was found guilty of "making coins resembling and similar to United States coins." Although the United States Justice Department recommended a sentence of seventy-two years, she was only sentenced to six months of house arrest and three years probation. He was later released from his probation after serving only one year. Later on, a federal judge ruled that any Liberty Dollars seized by the United States government should be returned to their respective owners.

Before forming NORFED, Von NotHaus had a colorful past. He was the co-founder of the Royal Hawaiian Mint Company, and he created the Free Marijuana Church of Honolulu. He believed that the Federal Reserve Bank was just an instrument of the government used to control the people. Although his coins and paper currency had a dollar value on them, he would go out of his way to never refer to them as "legal tender" and insisted that they were items of "barter." This was a key defense during his criminal trial.

Each one these rounds contains 1 oz of .999 Pure Silver.

Actual Year or Design may vary slightly from that in picture.