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<p>[QUOTE="lordmarcovan, post: 3248620, member: 10461"]Well, if you didn't pay retail price for it and got it in a bulk lot, it's a fun doodad, and there's no harm in liking it. These things have no numismatic value (or just bullion value when they <i>do</i> actually contain some silver), but they can be pretty, as mentioned.</p><p><br /></p><p><br /></p><p><br /></p><p>More like the <a href="https://ncmint.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://ncmint.com/" rel="nofollow">National Collectors Mint</a>. They market silver- and gold-plated knockoff stuff in fancy packaging, in the hope that uninformed people will mistake them for actual coins. Some of these companies have tricky, official-sounding names. The name "London Mint" seems to be a similar ploy.</p><p><br /></p><p>Such privately-issued products are technically <i>not</i> coins but rather medals or tokens. The Franklin Mint has also produced many, many medals and tokens, but also did produce some true coins under contract for foreign governments. I'd say the Franklin Mint has a <i>tiny</i> bit more prestige than these other latecomers, if only by virtue of having been around a long time.</p><p><br /></p><p>A lot of these companies do not sell coins at all, unless they're NCLT (non-circulating legal tender) issues from countries like the Cook Islands, Liberia, etc.</p><p><br /></p><p>A reminder for those newer collectors among us: <b>if it is not government-issued legal tender, it is not a <u>coin</u></b>, though it might be marketed as such.</p><p><br /></p><p>Private issue = token or medal</p><p>Government issue legal tender with monetary denomination stated on it = coin[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 3248620, member: 10461"]Well, if you didn't pay retail price for it and got it in a bulk lot, it's a fun doodad, and there's no harm in liking it. These things have no numismatic value (or just bullion value when they [I]do[/I] actually contain some silver), but they can be pretty, as mentioned. More like the [URL='https://ncmint.com/']National Collectors Mint[/URL]. They market silver- and gold-plated knockoff stuff in fancy packaging, in the hope that uninformed people will mistake them for actual coins. Some of these companies have tricky, official-sounding names. The name "London Mint" seems to be a similar ploy. Such privately-issued products are technically [I]not[/I] coins but rather medals or tokens. The Franklin Mint has also produced many, many medals and tokens, but also did produce some true coins[I] [/I]under contract for foreign governments. I'd say the Franklin Mint has a [I]tiny[/I] bit more prestige than these other latecomers, if only by virtue of having been around a long time. A lot of these companies do not sell coins at all, unless they're NCLT (non-circulating legal tender) issues from countries like the Cook Islands, Liberia, etc. A reminder for those newer collectors among us: [B]if it is not government-issued legal tender, it is not a [U]coin[/U][/B], though it might be marketed as such. Private issue = token or medal Government issue legal tender with monetary denomination stated on it = coin[/QUOTE]
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400g 10 Crowns Value?
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