Kuna
Joined: 18-Feb-2013
Posts: 873
Posted: 31-Mar-2014, 23:09
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Posted: 31-Mar-2014, 23:09
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Can someone please, tell me why is this coin/token a token and not a coin?
https://en.numista.com/catalogue/pieces58024.html
Thank You!
Regards
Kuna
Check my doubles. ;)
neilithic
Joined: 28-Mar-2011
Posts: 7493
Posted: 31-Mar-2014, 23:29
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Posted: 31-Mar-2014, 23:29
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It's not really a token, but we don't have a separate section for bullion so I guess tokens is the best section for it.
cyprusalexander
Joined: 4-Nov-2013
Posts: 883
Posted: 16-Apr-2014, 10:03
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Posted: 16-Apr-2014, 10:03
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A coin.
The only reason not to be it is to get the proof from Niue Authorities that it's not a legal tender.
KennyG
Joined: 25-Apr-2010
Posts: 4857
Posted: 4-May-2014, 06:36
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Posted: 4-May-2014, 06:36
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It's a token because it was issued by a third-party (ie Scottsdale Silver).
Kenny
- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.
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Kuna
Joined: 18-Feb-2013
Posts: 873
Posted: 4-May-2014, 09:07
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Posted: 4-May-2014, 09:07
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But it has denomination.
Regards
Kuna
Check my doubles. ;)
cyprusalexander
Joined: 4-Nov-2013
Posts: 883
Posted: 4-May-2014, 12:27
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Posted: 4-May-2014, 12:27
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All coins of Belorussia are issued on private mint. Yet they are still legal tender. The only proof that it is not a coin is that Niue Authorities do not accept it.
KennyG
Joined: 25-Apr-2010
Posts: 4857
Posted: 4-May-2014, 23:48
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Posted: 4-May-2014, 23:48
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You are right, the bullion is not legal tender.
Kenny
- Verifying your Asian and British-territorial coins everyday with the best quality photos and the best information.
Check out my Facebook, Kenneth Gucyski.
cyprusalexander
Joined: 4-Nov-2013
Posts: 883
Posted: 5-May-2014, 03:50
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Posted: 5-May-2014, 03:50
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In this case we have to remove some of coins here from catalog to token
ZuluRaptorSpace
Joined: 3-Jun-2013
Posts: 1628
Posted: 6-May-2014, 22:33
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Posted: 6-May-2014, 22:33
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Quote: SmartOneKgYou are right, the bullion is not legal tender.
Not always. For example, a US silver eagle bullion is actually legal tender. The only non-legal tender US coin is the Trade Dollar.
cyprusalexander
Joined: 4-Nov-2013
Posts: 883
Posted: 7-May-2014, 07:10
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Posted: 7-May-2014, 07:10
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So we still have the question open. To be bullion is not enough to become a token.
Kuna
Joined: 18-Feb-2013
Posts: 873
Posted: 7-May-2014, 16:45
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Posted: 7-May-2014, 16:45
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Quote: cyprusalexanderSo we still have the question open. To be bullion is not enough to become a token.
Agree. I still think it should be in coins section.
Check my doubles. ;)
ctucker
Joined: 4-Sep-2011
Posts: 619
Posted: 7-May-2014, 19:12
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Posted: 7-May-2014, 19:12
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This is always a interesting debate that is never truly, fully answered. Most of the time everyone just agrees to disagree on what is a "coin".
I think that items issued by an official governing body and carries a (true or implied) denomination is a coin. The exception being token specifically issued for use in place of currency. ie. transit token, tax tokens.
For this reason I tend to think of notgeld as coins under much disagreement from most coin collectors.
Oklahoman
Numista team
Joined: 20-Dec-2015
Posts: 2957
Posted: 14-Dec-2017, 17:48
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Posted: 14-Dec-2017, 17:48
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The trade dollar was remonetized.
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