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1964 Morgan .999 Silver

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John1397's Avatar
United States
111 Posts
 Posted 01/08/2018  06:48 am Show Profile   Bookmark this topic Add John1397 to your friends list Get a Link to this Message Number of Subscribers
Is any one buying the new U.S. 1964 silver morgan from cook islands .999 coating of silver? Looks like this is a real coin you can buy groceries with at Walmart.
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/08/2018  08:10 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
"coating of silver"? Probably not worth the packaging that it is in. Do you have any images?
Edited by oih82w8
01/08/2018 08:11 am
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/08/2018  08:15 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The thread title intrigued me.


I Googled:
"Cook Islands 1964 Morgan dollar"
Ad said: 'clad with 71 mgs .999 silver', and 'NCLT'

It's not even a silver round !
They said 'limit 5 per customer'
They said 'hurry'
- why on Earth would you do that ?

For me, I wouldn't bother.

I would have to admit: the 'NCLT' statement, without checking, is most probably true.

It would have made far more sense to have it struck from solid .999 silver, and generate at least some sort of interest for the silver round collector in the U.S.

I have seen similar impaired proof silver clad crown sized NCLT coin product in a junk box at a coin show for an Australian Dollar (78 U.S.Cents).
Rest in Peace
Tootallious's Avatar
United States
1559 Posts
 Posted 01/08/2018  12:27 pm  Show Profile   Bookmark this reply Add Tootallious to your friends list Get a Link to this Reply
However, being born in 1964 I did purchase one but only because of the year! It says copy on the reverse and the quality is NOT there at all. If it weren't for the fact that I'm a sucker for anything 1964, I would not even of considered purchasing it!
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Lucky Cuss's Avatar
United States
4883 Posts
 Posted 01/08/2018  1:28 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply

Quote:
Looks like this is a real coin you can buy groceries with at Walmart.


I'd wager that if you offered the average Walmart cashier a genuine 1893-S Morgan in payment for a pack of gum, they wouldn't accept it....
Colligo ergo sum
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Mark1959's Avatar
7234 Posts
 Posted 01/08/2018  2:03 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply
Why would you buy a "coin" for $20 then buy a dollars worth of something with it?
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sel_69l's Avatar
Australia
21786 Posts
 Posted 01/08/2018  6:31 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
That is one of the aspects of all 'NCLT'.
The product has a value way in excess of it's legal purchasing power.

Another 'I must admit':
I DO have a British proof 1937 George V1 Five Pounds.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/08/2018  6:40 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Worth just a tad over its legal purchasing power, I'll bet.
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