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What Country Authorized The Colt Coins?

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United States
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 Posted 03/19/2014  6:23 pm Show Profile   Bookmark this topic Add Henry M Smith to your friends list Get a Link to this Message Number of Subscribers
The New Zealand Mint has been making coins to commemorate Colt rifels and handguns, with a denomination in USD. On the coin is the word America, but not United States. A few are on ebay. What country authorized these? Thanks.

http://www.nzmint.com/coins/shop-on...culated-coin

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/19/2014  6:47 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Niue, from the looks of it. You want to learn some interesting stuff about these odd commems? Google up "Phreon."
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Sap's Avatar
Australia
16808 Posts
 Posted 03/19/2014  8:36 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Niue coins have "Niue" on them somewhere. This coin does not.

Therefore, no country or government authorized this coin. It is not legal tender anywhere. It is therefore, technically, not a "coin".

The presence of "Mesa Grande" on the obverse might indicate that the Mesa Grande Tribal Council might have sanctioned the issue. Or at least, that is the impression the manufacturers of the "coin" might have wished to give.
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 Posted 03/20/2014  12:22 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
The new zeland mint was the creator of these. Whether or not that's a private company I am not sure.


Www.nzmint.com search colt
Edited by basebal21
03/20/2014 12:23 am
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Sap's Avatar
Australia
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 Posted 03/20/2014  02:18 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Yes, it's a private company; New Zealand does not have an official government mint.
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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 Posted 03/20/2014  03:05 am  Show Profile   Bookmark this reply Add LeeMilligan123 to your friends list Get a Link to this Reply
This is very interesting.
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Conder101's Avatar
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 Posted 03/20/2014  2:24 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
So basically they are fantasies. Although PCGS has apparently slabbed them as New Zealand coins.

Edited by Conder101
03/20/2014 2:29 pm
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SsuperDdave's Avatar
United States
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 Posted 03/20/2014  2:49 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
So almost all of the coins Phreon designs, whether they're to mark the Chinese New Year, 100 years of Colt Pistols or the centenary of the Titanic's sinking are legal tender on the tiny Pacific island of Niue.
Why Niue? Because Niue lets them, basically. A licensing deal with the Niuean government means it gets some handy revenue and,


http://www.idealog.co.nz/magazine/46/coining-it

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