Author Topic: Cook Islands: Series of coins 2010  (Read 5870 times)

0 Members and 1 Guest are viewing this topic.

Offline eurocoin

  • Indexer
  • Honorary Member
  • *****
  • Posts: 3 448
Re: Cook Islands: Series of coins 2010
« Reply #30 on: March 23, 2015, 08:35:26 PM »
Quote from: Government of the Cook Islands
The coins shown are authorised by the government as legal tender but do not circulate.

Offline <k>

  • Moderator
  • Honorary Member
  • *****
  • Posts: 20 321
Re: Cook Islands: Series of coins 2010
« Reply #31 on: March 23, 2015, 11:04:17 PM »
You mean this set? So, it is a "circulation-like" set. It looks like a standard circulation set, but it doesn't circulate and is meant only for collectors.


Offline Pabitra

  • Honorary Member
  • *****
  • Posts: 2 236
Re: Cook Islands: Series of coins 2010
« Reply #32 on: March 23, 2015, 11:54:34 PM »
Who in Cook Islands approved it?

Offline eurocoin

  • Indexer
  • Honorary Member
  • *****
  • Posts: 3 448
Re: Cook Islands: Series of coins 2010
« Reply #33 on: March 24, 2015, 06:50:47 AM »
You mean this set? So, it is a "circulation-like" set. It looks like a standard circulation set, but it doesn't circulate and is meant only for collectors.

Correct.

Offline Pabitra

  • Honorary Member
  • *****
  • Posts: 2 236
Re: Cook Islands: Series of coins 2010
« Reply #34 on: March 24, 2015, 07:12:21 AM »
So for year 2010, two different design coins were approved. One for circulation and it circulated and another one for collectors of Europe. Cook Islands have always got their coins minted from Royal Australian Mint and that mint has not made bimetallic coins. To get collectors of Europe interested in this set, a bimetallic coin was included. This was never approved, as informed by Executive Secretary to the Finance minister of Cook Islands.
Can you inform us as to who was granted this permission and which mint minted it. I would also be interested in know as to how many sets were minted? The mintage coincided with minting of set of Sultanate of Pemba as well as Andaman and Nicobar Islands. So I am assuming that they were also authorised by some authority in some place.
« Last Edit: March 24, 2015, 07:24:07 AM by Pabitra »

Offline <k>

  • Moderator
  • Honorary Member
  • *****
  • Posts: 20 321
Re: Cook Islands: Series of coins 2010
« Reply #35 on: March 24, 2015, 09:01:03 AM »
I believe the Cook 2010 set may have been a product of the New Zealand mint, a private company:

http://www.nzmint.com/faq

Offline Pabitra

  • Honorary Member
  • *****
  • Posts: 2 236
Re: Cook Islands: Series of coins 2010
« Reply #36 on: March 24, 2015, 11:55:35 AM »
What is the basis of your guess?
Does this mint have capacity to produce bimetallic coins?

Offline <k>

  • Moderator
  • Honorary Member
  • *****
  • Posts: 20 321
Re: Cook Islands: Series of coins 2010
« Reply #37 on: March 24, 2015, 01:59:07 PM »
What is the basis of your guess?

See this topic: Pseudo Sets: Official "circulation-like" issues.

> Does this mint have capacity to produce bimetallic coins?

That I don't know, sadly.

Offline eurocoin

  • Indexer
  • Honorary Member
  • *****
  • Posts: 3 448
Re: Cook Islands: Series of coins 2010
« Reply #38 on: March 25, 2015, 12:51:16 PM »
Although it's a good guess, New Zealand Mint informed me that they weren't involved in the production of this set.

Offline <k>

  • Moderator
  • Honorary Member
  • *****
  • Posts: 20 321
Re: Cook Islands: Series of coins 2010
« Reply #39 on: March 25, 2015, 02:30:16 PM »
Thanks for the info, eurocoin.  ;)

Offline eurocoin

  • Indexer
  • Honorary Member
  • *****
  • Posts: 3 448
Re: Cook Islands: Series of coins 2010
« Reply #40 on: April 17, 2015, 07:14:43 PM »
So for year 2010, two different design coins were approved. One for circulation and it circulated and another one for collectors of Europe. Cook Islands have always got their coins minted from Royal Australian Mint and that mint has not made bimetallic coins. To get collectors of Europe interested in this set, a bimetallic coin was included. This was never approved, as informed by Executive Secretary to the Finance minister of Cook Islands.
Can you inform us as to who was granted this permission and which mint minted it. I would also be interested in know as to how many sets were minted? The mintage coincided with minting of set of Sultanate of Pemba as well as Andaman and Nicobar Islands. So I am assuming that they were also authorised by some authority in some place.

This set is non circulating legal tender. There have been produced 25.000 sets. The coins have been minted at the BH Mayer Mint. SoftSky Inc. in Sheridan, Wyoming was granted permission to issue this set. All sets have been exclusively distributed by Coin Invest Trust in Liechtenstein.

Offline <k>

  • Moderator
  • Honorary Member
  • *****
  • Posts: 20 321
Re: Cook Islands: Series of coins 2010
« Reply #41 on: April 17, 2015, 08:54:11 PM »
Excellent research, eurocoin.  Who gave you the information?

Offline eurocoin

  • Indexer
  • Honorary Member
  • *****
  • Posts: 3 448
Re: Cook Islands: Series of coins 2010
« Reply #42 on: April 17, 2015, 09:03:29 PM »
Excellent research, eurocoin.  Who gave you the information?

Thanks <k>, The CEO of the Ministry of Finance of the Cook Islands gave me this information.

Offline <k>

  • Moderator
  • Honorary Member
  • *****
  • Posts: 20 321
Re: Cook Islands: Series of coins 2010
« Reply #43 on: April 17, 2015, 09:38:18 PM »
Thank you. So that's official: the 2010 set is not a fantasy, but neither did it circulate.

Offline Pabitra

  • Honorary Member
  • *****
  • Posts: 2 236
Re: Cook Islands: Series of coins 2010
« Reply #44 on: April 22, 2015, 08:09:18 AM »
This set is non circulating legal tender.

If it did not circulate in Cook Islands then where is it legal tender?
People in Cook Islands have never seen these coins hence will neither accept them nor are legally bound to accept them.
In other words, it is NCNLT.