Pitcairn Islands 1 Dollar coin/token? [gelöst]

Hello,

I've just bought a 1 Dollar Pitcairn Islands commemorative coin (metal disk?). Can anyone verify whether this is actually a coin of legal tender on Pitcairn Islands, or whether it's simply a token? My Krause issue only goes up to the year 2000.

https://en.numista.com/catalogue/pieces27443.html

Thanks in advance.
Jon

The value of this coin is $1. Also, it does stipulate in the description of this metal disc that it is a coin. I'm leaning toward coin over token although I see your point. Still I'll stand for a correction.

Jon,

It is a legal tender coin, KM#14.

http://www.ngccoin.com/poplookup/WorldCoinPrices.aspx?category=162695&worldcoinid=370629

In the absence of the 21st century Krause book, you can use www.ngccoin.com to search for newer issues to verify whether or not a coin is listed in Krause and its value.

Regards,
David

Verweis : montana2011Jon,

It is a legal tender coin, KM#14.

http://www.ngccoin.com/poplookup/WorldCoinPrices.aspx?category=162695&worldcoinid=370629

In the absence of the 21st century Krause book, you can use www.ngccoin.com to search for newer issues to verify whether or not a coin is listed in Krause and its value.

Regards,
David

Don't coins have their value stamped on them? Eg: $1 ?

Matt

Well, it's in the 2010 Krause book I have, so I guess that does indeed make it a bone fide coin, KM#14 as Montana2011 points out.

Matt,

I imagine any modern circulating coin must have the value included on the coin.  There were a series of 25p coins from the UK in the 1970s that did not include the value.  Because of the size of these coins, I have to assume they did not circulate.  https://en.numista.com/catalogue/pieces5488.html

You're right, though...not including the value would lead to confusion or worse, as happened with the United States 1883 nickel (5 cents) where the US Mint left off the word CENTS.  The value was simply a roman numeral V on the reverse with Liberty on the obverse, which led to gold-plating of the nickel to pass it off as 5 dollar coin.  http://www.coinsite.com/content/faq/RacketeerNickel.asp

Back when the value of a coin was tied directly to the value of the metal in the coin, there are other examples of coins without the value included.  There are numerous 1/2 Real coins from the 18th century that do not include a value, but based on the size compared to the 1 Real coin (which did include the value), it was obvious to everyone what the value was.

David

Thanks for the input gents.

The abscene of the value on the coin was one of the reasons that led me to suspect a token rather than a coin. Fortunately it is a real coin, so I'm happy.

Regards
Jon

if it is a coin, you can spend it somewhere. Since it's a Pitcairn coin, presumably you'd be limited to spending it on Pitcairn, one of the most remote islands in the world. So if you're ever there, maybe one of the 50 or so inhabitants will accept it, but since it's "non-circulating," maybe not.  Basically, it's a collectible; it was made for collectors to collect.