Originally posted by joanmcq
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Per Wikipedia
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The Liberty Dollar is a private currency embodied in minted metal pieces and gold & silver certificates (ALD), and electronic currency (eLD). The Liberty Dollar is distributed by Liberty Services (formerly known as NORFED), based in Evansville, Indiana. The company that mints and warehouses Liberty Dollars is located in Coeur d'Alene, Idaho.[1] The Liberty Dollar was created by Bernard von NotHaus, the co-founder of the Royal Hawaiian Mint Company.[2]
Per Wikipedia -
Forget what I said
I thought you were talking about the silver dollars, which are legal tender. The last post reminded me about the Liberty dollars - I think we had a discussion about them a few months back. Sounds like another goof-ball client who needs to take a hike."The only function of economic forecasting is to make astrology look respectful" - John Kenneth GalbraithComment
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I would not only take
real US Silver Dollars, I would discount my fee to an extent in order to give back some of the extent to which each silver dollar is worth more than one paper dollar. I beleive that i would have to make a good faith estimate of the FMV of the silver dollars and report that for income tax purposes.Comment
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