The Liberty Dollar was not a "fake version" of the US Dollar. It wasn't even a "fake version" of the Federal Reserve Notes (nominally denominated in US Dollars,

The Liberty Dollar was not a "fake version" of the US Dollar. It wasn't even a "fake version" of the Federal Reserve Notes (nominally denominated in US Dollars, but trading at a far lower value) which make up the vast majority of circulating currency and which too many people incorrectly refer to as the US Dollar. > The fact that the liberty dollar happened to cost more than a real dollar doesn't make it not a counterfeit… No, the fact that it was never intended as a counterfeit is what makes it not a counterfeit. The cost in materials is comparable to a real US Dollar (not to be confused with a Federal Reserve Note); the full cost could actually be lower due to technological advancements.