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<p>[QUOTE=&quot;Conder101, post: 2398449, member: 66&quot;]Actually no.&nbsp; Although they are &quot;legal tender&quot; there they can&#039;t be spent and the fee to &quot;exchange&quot; them pretty much equals the face value.&nbsp; Back in the early days of the Marshall Islands coinage a couple of guy bought up a bunch of them for less than face value and then tried to take them to the Marshall Islands and exchange them.&nbsp; They got put in jail instead.&nbsp; I believe the charge was trying to defraud the government.&nbsp; The government had licensed a private firm to make the coins and sell them to collectors for a small royalty per coin.&nbsp; They never expected them to come back for redemption and redeeming them would cost the government more than they received in royalties.&nbsp; That was when they passed the exchange restrictions and fees to keep people from trying to exchange them.</p><p><br /></p><p>They are in effect Non-Circulating Non-Legal Tender.[/QUOTE]</p><p><br /></p>

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