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 Replies: 14 / Views: 19,451 |
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Pillar of the Community
United States
2335 Posts |
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Valued Member
United States
292 Posts |
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Pillar of the Community
United States
5849 Posts |
So it's silver plated gold? How much did you pay for it?
Strange that a country would want its "legal currency" to have the word COPY stamped on it...
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Pillar of the Community
 United States
2335 Posts |
I got 2 of them & picked them up for less than melt. The estate I bought them from had a box of modern commems, premier proof sets & a little bit of junk silver I also bought.
I didn't buy a dozen or more silver dollar sized coins/tokens/medallions/? that were silver or gold plated base metal. Included was one of the Lincoln's HaroldS linked to. There were also 2 more of the 1933 Double Eagle copy that were not marked on the edge & came with coa's that said gold over copper.
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Pillar of the Community
United States
2543 Posts |
Quote:
Strange that a country would want its "legal currency" to have the word COPY stamped on it... Since they were never legally released, they aren't legal currency , just ask Israel Switt's family. Except for the King Farouk coin, which was auctioned for $7.5 mil plus $20 paid to the mint to have that coin monetized. I have seen a couple of these, they really are nice looking for copies. |
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Pillar of the Community
United States
5849 Posts |
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Since they were never legally released, they aren't legal currency I was referring to what was on the COA, not the actual 1933 $20 Double Eagle: Quote:
This certifies and guarantees that the enclosed 1933 $20 Double Eagle is actual 2004 legal currency from CNMI. I was just wondering why CNMI would want "legal currency" that has COPY stamped on it... |
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Pillar of the Community
United States
2543 Posts |
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This certifies and guarantees that the enclosed 1933 $20 Double Eagle is actual 2004 legal currency from CNMI. Oh ....... what the heck is CNMI ? |
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Pillar of the Community
United States
5849 Posts |
Commonwealth of the Northern Marianas Islands, apparently.
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Moderator
 Australia
16816 Posts |
The reason this coin has "COPY" on it is that the certificate is a lie. The Commonwealth of the Northern Mariana Islands is an American dependent state, legally equivalent to Puerto Rico. It does not, and can not, issue its own coinage.
I do not know if NCM originally sold them with COPY stamped on them, or whether it was done by a subsequent seller.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
2335 Posts |
Interesting. I assumed CNMI was an independent country. The word COPY is identical on both of the ones I have & it looks like it was issued like that.
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New Member
United States
2 Posts |
I do apologize for my first post on this forum...I'm just now finding out how to use it. Didn't realize it would go To The Top if I answered here.
But in that other post, there is new information I stated concerning this "coin", JFYI.
Edited by spy88
10/19/2013 11:35 pm
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Valued Member
United States
315 Posts |
I hope you didnt pay a lot for it. I just measured my coins, and a ozt of gold is about half the size of a silver ozt. If the Coa is true, its going to be way larger than the original, if its the same size, then its not an ozt silver. If its the same size as a gold ozt, that means the Coa is fraudulent. If its bigger than a real ozt coin, then its going to look grotesque.
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Pillar of the Community
United States
2335 Posts |
If you look on the COA it shows the diameter as 39mm, which is fairly consistent with other 1ozt silver rounds.
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Pillar of the Community
 United States
4589 Posts |
The reason it's stamped copy is the Hobby Protection Act. CMNI may have licensed somebody to create NCLT, but ... from http://www.justice.gov.mp/cnmi.aspx: Quote:
Most federal statutory law applies in the Commonwealth of the Northern Mariana Islands. Apart from unique customary law based on oral tradition handed down through the centuries, local law is largely based on U.S. common law. So there's the weird hybrid - anything goes as NCTL except if it's a copy of a USA coin, then it has to be marked! -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Valued Member
United States
315 Posts |
Actually theres another law, I'm surprised it doesn't apply here. Joke paper money must be larger or smaller than a real bill and monotone in color to avoid confusion with real money.
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Replies: 14 / Views: 19,451 |
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Posted 04/02/2013 12:03 pm
