Discussion in 'World Coins' started by bruthajoe, Oct 25, 2020.
I'm very confused.
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The Cook Islands, Liberia, Niue, etc. strike a large number of NCLT (non-circulating legal tender) coins to sell to American collectors. That's what this is all about.
Personally, I prefer when a country features its own history or flora and fauna and people on a commemorative coin, but these NCLT issues are apparently a cash cow for the issuing countries, so why not.
Some of them can be pretty interesting. They run the gamut from tacky to "gimmicky-but-cool" to beautiful.
Indeed, there is some irony there.
With Cook Islands, you also have to be very careful to avoid their misleading ".24 Fine" gold coins which are being sold as solid gold...they are 24% gold.
That double eagle shares the reverse as this one. This one features Morgan liberty alongside Peace liberty on the obverse and having the same reverse hence my "3 coins in one" description.
I'm going to assume the National collector's mint is making these? Or is it just a name and their really not even a mint.???
Indeed ;overhyped and overpriced " junk". Australia suffers this malaise courtesy of our " Macquarie Mint". People are lured/seduced into buying these "pretty trinkets" They don't read the extra fine print and don't realise they will never recoup their "investment" at resell time.
Separate names with a comma.