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# RCO
- URL: https://norfed.info/rco-set/
- Published: 2025-05-28T16:27:52.000Z
- Updated: 2026-08-19T17:34:30.000Z
- Author: Brian
- Tags: #docs, Sets, #site-custom-schema

The 'RCO Set' refers to a group of 34 2008 Liberty Dollar silver pieces marked by Regional Currency Offices (RCOs) using custom stamps. There are also custom and unsanctioned stamps that expand the range of known pieces, though they aren't considered part of the core RCO Set.

Commonly called “naked backs,” these pieces were issued without the standard Liberty Dollar reverse design, leaving a blank surface specifically intended for hallmarking. This variation emerged after the federal raid in late 2007 interrupted centralized production/distribution and forced the Liberty Dollar operation into a more fragmented, region-based model.

RCOs began stamping and distributing the remaining inventory independently. Most acquired custom punches - often designed by Ron Goodger - to apply hallmarks to one-ounce silver pieces. These stamps typically featured local branding such as logos, city names, or other identifiers that tied each piece to its RCO of origin. Some RCOs also had smaller punches made to mark fractional sizes, including 1/5 and 1/10 ounce pieces. A handful of 2/5 and $50 base pieces were marked as well, though their production was limited due to the higher cost of blanks. Some of the smaller-sized pieces were stamped using the larger one-ounce punch, resulting in variants where the hallmark appears oversized or awkwardly placed relative to the blank.

The variety of stamps reflects a wide geographic range and significant stylistic diversity. In many cases, stamps were created or obtained after the initial supply of blanks had run out. This required coordination between RCOs, with unstamped pieces being shipped between parties for hallmarking. As a result, some varieties exist in extremely limited quantities - some (like Idaho) believed to number as few as 20 - making them highly sought after among collectors. Further production is impossible for several types, as the RCOs responsible for hallmarking them have since passed away.

Beyond the official hallmarks, a number of unofficial or unsanctioned stamps are known to exist. These were applied at the discretion of individual RCOs without central approval. Notable examples include a skull and crossbones design that was explicitly denied permission due to its negative implications, but was used anyway. Other informal additions include stamped text like “Willow Springs” or “Cabool” that appeared beneath formal hallmarks on specific pieces. The full extent of these unsanctioned variations is unknown.

Additionally, a few thematic or promotional stamps were created by RCOs but distributed outside the official Liberty Dollar channels. Among these are the “PEACE” stamp and a stamp promoting the Porcupine Freedom Festival (“Porcfest”), both of which add further variety to the set. Because these pieces were only available through the RCOs who commissioned the stamps.

Taken together, the RCO Set offers a unique and historically rich look at a decentralized currency effort operating under legal and logistical pressure. Each hallmark serves as both a record of its time and a symbol of regional participation in a movement that challenged conventional monetary systems.

Who knows what else is out there. If you have photos of any pieces not listed here, please get in touch - I’ll gladly add them with full credit to you.

## Ann Arbor

![NORFED 2008 $20 RCO Ann Arbor](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Ann-Arbor.jpg)

Ann Arbor, Michigan RCO: Bob Van Bemmelen

## Austin

![NORFED 2008 $20 RCO Austin](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Austin.jpg)

Austin, Texas RCO: Metta Zetty

## Austin Peace

![NORFED 2008 $20 RCO Austin Peace](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Austin-Peace.jpg)

Austin, Texas RCO: Metta Zetty

## Asheville

![NORFED 2008 $20 RCO Asheville](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Asheville.jpg)

Asheville, North Carolina RCO: Kevin Innes

## Boston

![NORFED 2008 $20 RCO Boston](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Boston.jpg)

Boston, Massachusetts RCO: Duncan McPherson

## Buffalo

![NORFED 2008 $20 RCO Buffalo](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Buffalo.jpg)

Buffalo, New York RCO: Karl Reile (Deceased)

## Cal Anaheim

![NORFED 2008 $20 RCO CAL Anaheim](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Cal-Anaheim.jpg)

Anaheim, California RCO: Juan Jaimes

## Cal Berkeley

![NORFED 2008 $20 RCO CAL Berkeley](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Cal-Berkeley.jpg)

Clayton, California RCO: Dan Morrow

## Cal El Dorado

![NORFED 2008 $20 RCO CAL El Dorado](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Cal-El-Dorado.jpg)

Diamond Springs, California RCO: Dan Priest

## Cal Evergreen

![NORFED 2008 $20 RCO CAL Evergreen](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Cal-Evergreen.jpg)

San Jose, California RCO: Matt Pitagora

## Cal Hollister

![NORFED 2008 $20 RCO CAL Hollister](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Cal-Hollister.jpg)

Hollister, California RCO: Mike Parkin (Deceased)

## Cass County Cash

![NORFED 2008 $20 RCO Cass County Cash](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Cass-County-Cash.jpg)

Cassopolis, Michigan RCO: Ron Goodger

## Chambersburg

![NORFED 2008 $20 RCO Chambersburg](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Chambersburg.jpg)

Chambersburg, Pennsylvania RCO: Pete Hallock (Deceased)

## Dallas

![NORFED 2008 $20 RCO Dallas](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Dallas.jpg)

Dallas, Texas RCO: Unknown

## Denver

![NORFED 2008 $20 RCO Denver](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Denver.jpg)

Denver, Colorado RCOs: Jeremy Trudell and Joby Weeks

## El Dorado (Peace)

![NORFED 2008 $20 RCO El Dorado](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-El-Dorado.jpg)

Clayton, California RCO: Dan Morrow

## Evansville

![NORFED 2008 $20 RCO Evansville](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Evansville.jpg)

Evansville, Indiana RCO: Bernard von NotHaus

## Georgia

![NORFED 2008 $20 RCO Georgia](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Georgia.jpg)

Carrollton, Georgia RCO: Fred Smith

## Greensboro

![NORFED 2008 $20 RCO Greensboro](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Greensboro.jpg)

Greensboro, North Carolina RCO: Hank Lane

## Greensboro (BCENTENNIAL Error)

![NORFED 2008 $20 RCO Greensboro (BCENTENNIAL Error)](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Greensboro-BCENTENNIAL-Error.jpg)

Greensboro, North Carolina RCO: Hank Lane

## Hudson Valley

![NORFED 2008 $20 RCO Hudson Valley](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Hudson-Valley.jpg)

Red Hook, New York RCO: Ned Van Valey (Deceased)

## Idaho

![NORFED 2008 $20 RCO Idaho](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Idaho.jpg)

Rupert, Idaho RCO: John Crowe (Deceased)

## Indianapolis

![NORFED 2008 $20 RCO Indianapolis](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Indianapolis.jpg)

Indianapolis, Indiana RCO: Alan McConnell (Deceased)

## Mid Michigan

![NORFED 2008 $20 RCO Mid Michigan](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Mid-Michigan.jpg)

Mount Morris, Michigan RCO: Dave Gillie

## Missouri

![NORFED 2008 $20 RCO Missouri](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Missouri.jpg)

Cabool, Missouri RCO: Josh Deatherage

## Nebraska

![NORFED 2008 $20 RCO Nebraska](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Nebraska.jpg)

Blue Hill, Nebraska RCO: Clayton Heinrich (Deceased)

## New Hampshire - Free State Project

![NORFED 2008 $20 RCO New Hampshire Free State Project](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-New-Hampshire-FSP.jpg)

Belmont, New Hampshire RCO: Charles Hempe

## New Hampshire - Live Free or Die

![NORFED 2008 $20 RCO New Hampshire Live Free or Die](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-New-Hampshire-Live-Free-or-Die.jpg)

Belmont, New Hampshire RCO: Charles Hempe

## Peace

![NORFED 2008 $20 RCO Peace](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Peace.jpg)

Mount Morris, Michigan RCO: Dave Gillie

## Penna

![NORFED 2008 $20 RCO Penna](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Penna.jpg)

Camp Hill, Pennsylvania RCO: Bert Olley (Deceased)

## Puerto Rico

![NORFED 2008 $20 RCO Puerto Rico](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Puerto-Rico.jpg)

Yauco, Puerto Rico RCO: Alfredo Pacheco ([Incarcerated](https://web.archive.org/web/20240615173348/https://caselaw.findlaw.com/court/us-1st-circuit/1705377.html))

## Reno

![NORFED 2008 $20 RCO Reno](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Reno.jpg)

Fernley, Nevada RCO: Unknown

## South Bend

![NORFED 2008 $20 RCO South Bend](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-South-Bend.jpg)

South Bend, Indiana RCO: Ray Hurd (Deceased)

## Tucson

![NORFED 2008 $20 RCO Tucson](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Tucson.jpg)

Arizona RCO Arthur Nicolet

## Virginia

![NORFED 2008 $20 RCO Virginia](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Virginia.jpg)

Alberta, Virginia RCO: Mike Eck

## Additional / Unofficial

## Missouri - Cabool, Mountain Grove, Willow Springs

These are extremely rare - I’ve only come across one complete set, which was owned by former RCO Jeff Kotchounian. I haven’t seen a single example appear in any eBay listings dating back to 2008 or anywhere else on the internet.

![NORFED 2008 $20 RCO Missouri - Cabool, Mountain Grove, Willow Springs](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008-RCO-Missouri---Cabool--Mountain-Grove--Willow-Springs.jpg)

Cabool, Missouri RCO: Josh Deatherage

## Skull and Cross Bones (Unofficial)

This unofficial stamp features a skull and crossbones design and was never approved for use by Liberty Services. The design was considered too provocative and potentially damaging to the image of the Liberty Dollar project, so formal permission to produce it was denied. Despite this, it's believed that at least one RCO (possibly from CA) went ahead and created the stamp independently. Only a handful of examples may exist, making it one of the most elusive pieces associated with the extended RCO Set.

![NORFED 2008 $20 RCO Skull and Cross Bones](https://cdn.getmidnight.com/390e982518a50e280d8e2b535462ec1f/2025/05/NORFED-2008--20-RCO-Skull-and-Cross-Bones.jpg)

RCO: Unknown