Please note that I am residing in Zimbabwe and make the below statements based on my efforts in research in trying to obtain authenticity on the availability of said coins.
1. There has been no circulation from Reserve Bank of Zimbabwe stating that the coins have been issued.
2. The coins themselves are not available in Zimbabwe.
3. They are more of a token for an event, and do not even take on the traditional shape of coinage.
These pieces should not be moved to exonumia. It is very common for certain issuers such as the Cook Islands, Niue, Cameroon, Burundi etc. to let commercial companies handle their coin issuance, that also appears to be the case here. The government concerned then either gets a fixed amount per year or a royalty for every coin sold. Sometimes the local government is not even notified of which coins are being issued under the contract. These kind of coins are being made for sale to foreign collectors and are not available locally. They also have shapes and sizes that do not resemble circulation coinage.
Unless any evidence is being found that Shanghai Jinjia Medals Co. Ltd was not authorized to manufacture these pieces, they should be considered as collectors coins.
Unless any evidence is being found that Shanghai Jinjia Medals Co. Ltd was not authorized to manufacture these pieces, they should be considered as collectors coins.
I'd prefer the proof to be oposite … as long as there is no proof that Zimbabwe authorised these monstruosities, they should be sent to coin hell (= exonumia). Note that there is also no relation between 1 oz silver and 1 Bond Coin (worthless amount in 2023).
It is very difficult to prove the absence of an authorisation … and the OP seems to have tried to get info and found none. Good enough for now ???
Just call me Bram
No new swaps for the moment, still too many half-ongoing swaps to clean up!
I would also prefer to see the authorization, however that is simply not how this works. It is impossible to get any information out of most of these governments that license their coin issuance. Many of these are very small and/or very poor countries without any proper government institutions. If you would like to see the authorization for all of these kind of coins, we would have to move, at a guess, maybe around 25% or so of the Numista catalog to Exonumia. Only if evidence is found that these are fantasy issues, they should be moved to Exonumia.
That the denomination is significantly lower than the value of the metal is also very normal for these kind of issues, and for many collectors coins in general. That is no reason for concern.
Those two are totally out of line with every other coin Zimbabwe has produced from 1980 on and at least one was made by the Shanghai Jinjia Medals Co. Ltd mint which Zimbabwe has never used for their other coins. If they wanted to make those two why not use their own Zimbabwe Mint? My vote is to move them; they can always be moved back if more information is found.
Status gewijzigd naar Geopend(Some_Nerd, 19-aug-2024, 02:45)
Those two are totally out of line with every other coin Zimbabwe has produced from 1980 on and at least one was made by the Shanghai Jinjia Medals Co. Ltd mint which Zimbabwe has never used for their other coins. If they wanted to make those two why not use their own Zimbabwe Mint? My vote is to move them; they can always be moved back if more information is found.
That they are out of line with older coins is completely normal for these modern commercial issues. The government of Zimbabwe has seemingly licensed its coin issuance to some commercial company in Europe, or at least appears to have authorized them to manufacture these coins. They are being made for sale to western collectors. Of course these companies are not going to use the Zimbabwe Mint (which hardly ever manufactures anything) for that, but instead uses a cheap but high quality mint in China. One that also manufactures collectors coins for several other countries. These new coins of Zimbabwe are being sold by the same coin dealers that also sell the commercial issues of other countries such as Cameroon, Ivory Coast and Tchad.
Just a small detour, but if the 2oz silver Cricket Bat is a coin, because it's attributed to Zimbabwe…
Then can the 1oz silver Cricket Bat be considered exonumia? ..because the design is identical, it's just not attributed to a country. If the first is a coin, then the second is clearly a ‘coin like object’. …and likewise for all other non-traditional shaped objects.
We have considerable ammount of countries just selling their name to private companies, which then produce coinage in their name. Countries profit, have no control over the coins and if someone insane enough were to cash those coins at their central bank, they would still be happy, since face value is way smaller than what they got paid by those companies.
We have no real way of proving which coins are genuine when central bank does not cooperate.
In conclusion, I would keep them in coins unless proven they are pure private fantasies.
Please note that I am residing in Zimbabwe and make the below statements based on my efforts in research in trying to obtain authenticity on the availability of said coins.
1. There has been no circulation from Reserve Bank of Zimbabwe stating that the coins have been issued.
2. The coins themselves are not available in Zimbabwe.
3. They are more of a token for an event, and do not even take on the traditional shape of coinage.
