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 Replies: 9 / Views: 1,332 |
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Pillar of the Community
 United States
6612 Posts |
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Valued Member
Canada
496 Posts |
That's not intended for circulation.The mint produces many "coins" that would never be used in circulation due to the configuration or shape.
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Pillar of the Community
 United States
6612 Posts |
I know that. but is it legal tender?
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Moderator
United States
34430 Posts |
"If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Bedrock of the Community
Australia
21788 Posts |
It may well be Non Circulating Legal Tender in Tuvalu,
but in my opinion
it is a non coin.
A strong case to be made for it to be recognized as exonumia, collectible for some, with bullion and art work value only.
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Pillar of the Community
Australia
9450 Posts |
IMHO, it is not a coin either,
but if you came in to my shop I
would allow you to spend it for
face value. It wouldn't stay in
the till for long though. :)
Steve :)
Edited by triggersmob
11/25/2019 03:53 am
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Pillar of the Community
United States
3343 Posts |
This looks like a miniaturized pack of lighter flints. Pachinko parlors in Japan used to use them as chits in exchange for pachinko balls, which could be redeemed for cash off-site. The flint packs were used because they were worthless but nearly impossible to duplicate. The lucky cat suggests a gambling connection, though whether these Tuvalu coins are actually used for gambling is questionable because of their value.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Moderator
Australia
16857 Posts |
It is, theoretically, just as "spendable" in Tuvalu as an ASE is "spendable" for a dollar in America. With the exception that a relatively large proportion of people in America will have heard of ASEs. I doubt anyone in Tuvalu is aware of the existence of this "coin". Certainly no-one in Tuvalu would ever have actually seen one. In cases like this, the "issuing country" isn't really to blame for the issuing of the coin. This coin was cooked up by Per th Mint's marketing department, who then got one of their flag-of-convenience countries to rubber-stamp it as legal tender. I'm hoping the government of Tuvalu actually gets a small slice of the profits from the sale of such "coins", though it would not surprise me if they didn't. 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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Bedrock of the Community
Australia
21788 Posts |
I detect a slight tinge of cynicism perhaps, but I totally agree.
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Bedrock of the Community
United Kingdom
17988 Posts |
Quote:
I doubt anyone in Tuvalu is aware of the existence of this "coin". Certainly no-one in Tuvalu would ever have actually seen one.
 I remember visiting Costa Rica in 1985, and taking with me photocopies of the Costa Rican coin pages from the latest edition of Krause. The Costa Ricans I met were bewildered by the pictures of the high-value silver and gold coins supposedly issued by their country in 1970 showing the Venus de Milo and various national heroes... |
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Posted 11/24/2019 2:41 pm
