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<p>[QUOTE="Harpagon coins, post: 1963598, member: 71578"]I have two Italian 1 lira coins from 1926. There were only 500 minted. A few weeks ago a fellow collector took an interest in them, but then brushed off the idea of buying one of them, stating that they were not legal tender, since they had been minted specifically for collectors.</p><p><br /></p><p>This doesn’t seem to be the case from my understanding, even though they were minted for collectors, they were still legal tender, if a collector would have wanted to use it as such. Many mints produce coins and dispatch them directly to collector lists while still remaining legal tender. In this statement he made, he appeared to be saying that this was not a real coin for him. The only thing I can fathom is that he, like me actually, doesn’t like to buy mint sets, or coins sold by the mints for collectors. In some way, he doesn’t feel it’s a real coin since it never entered circulation or even was intended for circulation. A kind of vanity coin collecting, when a coin is released directly to collectors without any intention of its public use.</p><p><br /></p><p>Would it be fair to say that he felt this is not a real coin? – in his definition. </p><p>Please share your view on this matter.</p><p><br /></p><p>Thanks![/QUOTE]</p><p><br /></p>
[QUOTE="Harpagon coins, post: 1963598, member: 71578"]I have two Italian 1 lira coins from 1926. There were only 500 minted. A few weeks ago a fellow collector took an interest in them, but then brushed off the idea of buying one of them, stating that they were not legal tender, since they had been minted specifically for collectors. This doesn’t seem to be the case from my understanding, even though they were minted for collectors, they were still legal tender, if a collector would have wanted to use it as such. Many mints produce coins and dispatch them directly to collector lists while still remaining legal tender. In this statement he made, he appeared to be saying that this was not a real coin for him. The only thing I can fathom is that he, like me actually, doesn’t like to buy mint sets, or coins sold by the mints for collectors. In some way, he doesn’t feel it’s a real coin since it never entered circulation or even was intended for circulation. A kind of vanity coin collecting, when a coin is released directly to collectors without any intention of its public use. Would it be fair to say that he felt this is not a real coin? – in his definition. Please share your view on this matter. Thanks![/QUOTE]
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