I checked the mail today and I got a package from the NRA that had a DVD , a ""Coin"" as they were calling it and a thing to fill out if I wanted to join their monthy (scam) service where they send me a DVD from their NRA DVD club and a new and unique coin each week... The "coin" as they were calling it this time had the whole NRA symbol and Incorporated 1871 on one side and a tribute to the M1903 Spring Field Rifle 1903-1936 WWI and WWII on the other side... 1st off I don't consider it a coin, it consider it Bronze Bullion at best... I'm not knocking NRA as I am a member, but they should call it what it is... At anyrate, anyone think these will ever be worth anything???
Calling it a"coin" is inaccurate, as a coin must have a stated value, per the Government that issues it. "Commemorative token" would be a better description, IMHO.
I have a lot of "commemerative tokens" from the NRA for being a member... I tried to sell one on ebay once... I think it sold for a dollar at best :-/
Not always a valid distinction. If memory serves, there were a number of undenominated issues from England that were identified by size. On the other hand, many private issues, such as Civil War Tokens, Conder Tokens, and other unofficial issues circulatied as if they were money. or authorizes a bank or other entity to issue it and recognizes it as legal tender. The NRA medallions are tokens issued for purposes other than circulation as money, and therefore clearly not "coins", but the determination of what is, or is not, a coin isn't always that easy.:rolling:
