| Author |
 Replies: 14 / Views: 34,373 |
|
|
Valued Member
United States
56 Posts |
From the National Collectors Mint or something like that. You can see them at 1964morgans.com and read about MrBowers' discovery here: http://blog.littletoncoin.com/morga...-discovered/Are they just making bucks off of the 2015 discovery by David Bowers et al at the Philadelphia Mint! They claim to be legal tender and have "Cook Islands" added to the reverse as well as Queen Elizabeth I presume. They sell both clad and solid silver versions, though the solid silver ones are only 1/2 Troy oz. and cost $50. The clad ones are $10. So are these a total scam or are they worth buying as a novelty or...? *** Moved by Staff to a more appropriate forum. *** |
|
|
|
Rest in Peace
United States
17900 Posts |
If you offer Cook Islands a few bucks you can have almost anything minted by a private mint with their "legal tender" denomination.
This is simply an easy way to sell silver for $100 an ounce.
|
|
Pillar of the Community
United States
887 Posts |
 and it's legal tender in the Cook Islands. Start shopping!  |
|
Rest in Peace
10197 Posts |
Edited by Crazyb0
08/27/2017 5:42 pm
|
|
Valued Member
 United States
56 Posts |
I'm not looking for a "dancing lollipop", but cold hard facts and answers from those more knowledgeable than myself. It seems that's a lot to ask for.  Why doesn't someone just say something to the effect of "The Cook Islands have a history of making inferior knockoffs of iconic American coins, which are then sold by disreputable American companies like National Collectors Mint to unsuspecting buyers". Something like that is what I was looking for, but I don't know if that is true or not. |
|
Pillar of the Community
United States
1119 Posts |
total scam or novelty; take your pick. they will (almost) never be worth more than the silver content
|
|
Bedrock of the Community
United States
17884 Posts |
The Cook islands, along with several other island nations and low population countries do not have their own mints and usually use coinage of other nations for their circulating coinage. In some cases they have another country strike coins for them. But in return for a payment (and usually a royalty arrangement) from private companies they will often grant a license for the company to mint a coin under their name. In order to make the coins more marketable the country will declare the coin to be legal tender. A few other countries that do this are Nuie, Liberia, Marshall Islands, I think Vanutu, and Easter Island. (Liberia is kind of known as the country that commemorates everyone else's history.)
Edited by Conder101
08/28/2017 08:12 am
|
|
Bedrock of the Community
United Kingdom
17911 Posts |
The Cook Islands have even minted a pseudo-Maundy Set! You can find a lot of their coins advertised in the Coincraft 'Phoenix' newsletter.
|
|
Valued Member
United States
294 Posts |
|
|
New Member
United States
1 Posts |
From what I could find they are legal tender, but only in the Cook Islands. I bought 2 of these Morgan dollars for my daughters. When I looked at them I found the word COPY engraved in the eagle's tail feathers. While they might be nice as a pretty keepsake, I wouldn't buy one again. I don't like them being advertised in the U.S. and implied that they are legal tender here. |
|
Moderator
 United States
188083 Posts |
 to the Community, USS_Ranger_Vet! |
|
Bedrock of the Community
United States
20753 Posts |
WHAT? And here I thought our Mint was going to start making large sized Silver Dollars again. But I'll wait for the 1965 released version. |
|
Pillar of the Community
United States
4989 Posts |
If you want a good fantasy piece, get a Daniel Carr moonlight mint 1964 Peace or Morgan instead. They are struck over real Peace and Morgan dollars, and are exceptionally nice. Edited by fenton
04/23/2020 3:08 pm
|
|
Pillar of the Community
United States
1307 Posts |
Hardly a classic coin being 1964, so I can't believe the moderators haven't booted this post yet? I posted a question about a 1932-d quarter last year that got booted immediately?
|
|
Pillar of the Community
United States
6384 Posts |
I knew an elderly gent who accumulated many similar coin-like pieces, all plated with minuscule amounts of gold and silver. After he passed his widow showed me his collection. It was very sad (but necessary) to inform her the stash was worthless.  |
| |
Replies: 14 / Views: 34,373 |
|
Posted 08/27/2017 5:31 pm
