All that I have left Part-II World Coins from 1601
1900's


Obverse
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Coin Details

  

Set Details
Coin Description: $250 1988 Cayman KM-99
Grade: NGC PF 69 UC
Owner: RAM-VT
 
Set Category: Varieties
Set Name: All that I have left Part-II World Coins from 1601
Slot Name: 1900's
Research: Currently not available

Owner's Description

1988 Cayman Islands. This coin has a mintage of 89 pieces and a gold content of 1.4 troy ounces This coin and the one above belong to that class of world coins those in the U.S. call NCLT (non-circulating legal tender) or coins whose face value is well below their bullion value. In the U.S. we call these modern commemoratives. We tend to look down on such world coins but embrace our own NCLT. Could you imagine a modern U.S. commemorative with a mintage of only 86? Just because this piece is NCLT that does not mean they should be ignored. I am willing to bet that a some number of these 86 coins have been melted.

I bought this coin at a backwoods auction when gold was cheap and based on the bidding it appeared those bidding on the coin thought its gold content was just under an ounce.

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