IMHO, the 1964 D Silver Peace Dollar by Mr. Carr is a 'Fantasy token' which is not a legal tender.
Like it or not, he is working the loopholes within the law; furthermore, he clearly stated the coins he produced have no affiliation/connection with the Treasury nor any government agency.
A good example would be, an individual is selling a Picasso painting knowing it is not from the hands of Picasso but he can still titled and intentionally mislead the prospect buyer as long as the seller include the following sentence somewhere in the description, 'In the manner of Picasso.'
This borderline loophole because the seller is merely disclosing the art is most likely done by one of Picasso's student, fan, faithful, or anyone other than Picasso himself. Obviously by doing so, the price realized will be far far less than the real deal. Fascinating to me, as anyone with no art background can create a piece of art, forge the intended artist's signature, then list on E b a y as, in the manner of; you will be surprised how many people out there will bid on your artwork.
I have never done such act, but the loophole is there. Keep it on the DL for the coincommunity. =)
Carr disclosed his 'Fantasy Token' as needed by law and it is not legal tender. In this case, Mr. Carr openly stated the responsibility of the owners to disclose the origin of the Fantasy Token. The consumer is also liable for his/her due diligence before getting fooled by a fraud purposely trying to sell a DC 1964 D as an authentic for the sum of, $25,000(whatever the amount).
This coin is beautiful, and the pictures do no justice. It will literally make you feel as if your collection just, leveled up.