What's the scoop on the 1964 Morgans being sold on TV?

From the National Collectors Mint. You can see them at 1964morgans.com and read about Q David Bowers' and friends finding the dies here:

http://blog.littletoncoin.com/morga...-discovered/

Are they just making bucks off of the 2015 discovery by David Bowers et al at the Philadelphia Mint? They claim to be legal tender (only in the Cook Islands?) and have "Cook Islands" added to the reverse as well as, presumably, Queen Elizabeth.

They sell both clad and solid silver versions, though the solid silver ones are only 1/2 Troy oz. and cost $50. The clad ones are $10.

So are these a total scam or are they worth buying as a novelty or...? Would this be better than buying a Dan Carr 1964 Morgan? His are a LOT more expensive!

 

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If they solid silver half ounce then pretty soon they will be selling close to the spot price for half an ounce of silver. I have quite a few old Cook Island silver coins - which I bought for less than melt.

 

Link for the ones being sold?

 

Hi Sakata, yeah it seems that they just found a way to sell silver for $100/oz. What about the silver clad version for only $10? Seems like a fair price just for the novelty factor. If the pure silver ones only weigh .5 Troy oz. then they must not be the same size as a real Morgan.

 

It's in the first line, 1964morgans.com

They don't list the diameter or thickness of the coins.

 

Old news. Way old news...........

 

Some more of the junk typically offered by this outfit. The coins were struck in the Cook Islands.

 

Nothing about this makes any sense to me. If this really is a cook island coin copy does not need to be on it but it is. It is also the sloppiest one they supposedly said okay too, I know Cook Island sells the name but there are a lot of really well done items with it.

 

Gee, thanks for the helpful post.

BTW, I did a search and didn't find the answers I seeked. It seems some forum members are willing to spend lots of money on the Dan Carr '64 Peace and Morgan though.

 

Those are real silver and have some artistic merit.

 

It has always been my policy to never criticize anyone on how they wish to spend their money. I wouldn't buy anything from National Collectors Mint nor would I pay the exorbitant money that people pay for Dan Carr's tokens.

 

I doubt if those "coins" were struck in the Cook Islands.

By the way, has anyone here actually been to the Cook Islands?

 

That's my question as well, what does this "Mint" there actually look like anyway? And why is country the go to for novelty numismatics?

 

A little research shows the Cook Islands has a $1 coin. How that stacks up to a US dollar, I can't find a clue.

 

The Cook Islands are in the South Pacific Ocean and are self governed in a free association with New Zealand. Therefore the New Zealand Queen's Representitive is the Head of State and the Chief Minister is the Head of Government.

While there are 15 islands that make up the Cook Islands, the actual land mass only covers 240 km². This is tiny compared to the water coverage which is over 1.8 million km². The Islands were formed by volcanic activity and helped develop 2 reefs and 6 atolls.

There are several hotels, motels and resorts located on the largest of the Cook Islands - Rarotonga. The capital of the Cook Islands - Avarua - is located on the north side of Rarotonga. Rarotonga also has the majority of the population and is surrounded by a lagoon that meets the reef in some areas. After the reef, the ocean floor slopes away quickly and on the north side of the island the reef meets the beach and is unsuitable for swimming and snorkelling. On the south side of Rarotonga is Muri Beach where the lagoon is at its deepest and widest. The area is perfect for all kinds of water sports.

 

Well now I know

 

They use the NZ dollar, which right now is around 72 US cents.

 

That's all you needed to say. Don't bother.

 

My sentiments as well.

If you want to buy it because you like it, who am I to be critical whether it's a Dan Carr, National Collectors Mint, etc. If you like it and expect to go up in value, do the research first. If you are just expecting it to go up in value, then buy Beanie Babies or Sports cards from the 90's.

I have a number of "coins" from the Gallery Mint 20 years ago. I liked the concept of hand engraved dies and an old coining press. Are they worth what I paid? Probably not, but I didn't buy them with that expectation (although it would have been nice). However, I still like them and don't regret the purchase.

Dan Carr "coins" are not my thing, but I can easily see why he has a following here.

I don't have anything good to say about National Collectors Mint.

 

They are struck at private mints.