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Liberty Mint, Ltd.
Form S-8
Exhibit 23.1






                          June 22, 2001

The Board of Directors
Liberty Mint, Ltd.
975 North 1430 West
Orem, Utah  84057

Gentlemen:

     We have been retained by Liberty Mint, Ltd. (the "Company"),
in  connection with the Registration Statement on Form S-8  filed
by  the Company with the Securities and Exchange Commission  (the
"Registration Statement") relating to 2,000,000 shares of  common
stock,  par value $0.001 per share.  You have requested  that  we
render  an opinion as to whether the common stock as proposed  to
be  issued  on the terms set forth in the Registration  Statement
will be validly issued, fully paid and non-assessable.

      In  connection with this engagement, we have  examined  the
following:

          1.    the articles of incorporation of the Company, and
          any amendments thereto;

          2.   the bylaws of the Company;

     4.   unanimous consents of the board of directors; and

     5.   the Registration Statement.

      We have examined such other corporate records and documents
and have made such other examinations as we deemed relevant.   We
have  also  discussed the documents examined and relied  upon  in
rendering  this opinion with one or more directors and  executive
officers  of the Company, and in all instances, have assumed  the
genuineness  of  all  signatures, the legal capacity  of  natural
persons,   the   authenticity  of  all  documents  submitted   as
originals,  the  conformity with the original  documents  of  all
documents  submitted as certified or photostatic copies  and  the
authenticity  of the originals of such copies.  We  have  further
assumed  that the recipients of these Securities under  the  plan
will have paid the consideration required under the terms of  the
Plan  prior to the issuance of the Securities, and that  none  of
the  services  performed by the recipients shall  be  related  to
"capital raising" transactions.

     Based upon the above examination, we are of the opinion that
the  shares of common stock proposed to be issued pursuant to the
Registration Statement, are validly authorized and,  when  issued
in  accordance  with  the  terms set forth  in  the  Registration
Statement,  will  be  validly  issued,  fully  paid,   and   non-
assessable.

     This opinion is expressly limited in scope to the Securities
described  herein and which are to be expressly  covered  by  the
above  referenced Registration Statement and does not  cover  any
subsequent  issuances of any securities to be made in the  future
pursuant  to  any  other  plans, if any, pertaining  to  services
performed  in the future.  Any such transactions are required  to
be included in a new registration statement or

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a  post-effective amendment to the above referenced  Registration
Statement, which will be required to include a revised or  a  new
opinion concerning the legality of the Securities to be issued.

      We hereby consent to the filing of this opinion as an
exhibit to the Registration Statement; however, this opinion is
not to be used, circulated, quoted or otherwise referred to for
any other purpose without our prior written consent.

                              Sincerely yours,

                              /s/ Lehman Walstrand & Associates

                              LEHMAN WALSTRAND & ASSOCIATES


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