Your Questions About Silver Foreign Coins

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Joseph asks…

Where is the foreign coin from that looks identical to an English 2 Pound coin?

I have been given it a few times – Its exactly the same shape, has the silver and gold rings exact but the onle difference is that there is arabic writing on it. Has anyone else been conned and where is it from?!!

Justin answers:

Could be the Morocco 10 Dirhams coin.
The Mexico 10 Pesos coin is similar. Also.

Michael asks…

What foreign coin do I have?

I have a silver looking coin about as large as a 50 cent piece. On one side is a picture of a man wearing a military hat with a star in a circle surrounded by leaves and to the left hand side is 4 symbols which look to be like Chinese, Japanese, or some foreign writing. On the other side is a picture of a group of people listening to man read from a piece of paper with a hot air balloon in the background.

Can anyone help me figure out where this coin came from or refer me to a website where I can send pictures in to and they can identify it for me.

Thanks

Justin answers:

It is more than likely just a commemorative coin.
If it’s silver then it could also be a 1ounce silver coin.
What text is on there? Anything other than just the foreign writing?
Also, it more than likely isn’t even a coin.
There’s tens of thousands of medals from all over the world

John asks…

I have some type of foreign coin?

The problem is I cant read the language Its outer edges are silver but the middle of coin is gold on the front is a man with round rimmed glasses with a uniform on and on the back is 2 elephants they are each standing facing a shield with a face above the shield above the elephants are cone shapes like christmas trees Can anyone help?

Justin answers:

Yep go to the bank or library get the coin book. Hey did you strike it big? If you do not find out e-mail your friend i will do the homework. If you cant. Thanx thatkat

James asks…

Is our current monetary system unconstitutional?

I asked another question earlier about “why do government CHOOSE to borrow money from private banks at interest?”. I did a little research myself by reading the Constitution of the US. Nowhere does it say that a central bank has the right to create control money or credit. It only says in Section 8 that congress has the authority “To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;” “To borrow money on the credit of the United States;” “No money shall be drawn from the treasury, but in consequence of appropriations made by law; and a regular statement and account of receipts and expenditures of all public money shall be published from time to time.” Section 10. No state shall enter into any treaty, alliance, or confederation; grant letters of marque and reprisal; coin money; emit bills of credit; make anything but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility.
wow That’s cool, thanks for the link. it is a long read I will have to make time to finish all of it. I heard about Bipartisan Progressivism just today on the Glenn Beck Show. He was introducing evidence that the Radical Progressive’s in the White house are “fundamentally Transforming America” by sabotaging “The American Economic System” and ” The Republic”. this stuff is getting really interesting!!! If you have a chance watch this video on Oligarchy vs republic http://www.youtube.com/watch?v=qhNobpG_4fQ

Justin answers:

Technically yes. Here’s a really good article on the Federal Reserve and our monetary system. It’s long but definitely worth a read:
http://mises.org/daily/3823

Richard asks…

Can anyone help me identify these three coins?

I have three coins that I cannot identify

1. The first has a picture of an asian man with a long beard and a hat on the front with a set of characters on each side of him. On the back, it has 1994 on the top with 100 in the middle and more characters at the bottom. All the characters have horizontal lines and some have wide, thin circles. This coin is silver.
2. The second coin has the exact same images on the front and the back. It has a cross inside of a shield with two z’s in the shield next to the cross. On each side of the shield it has what looks like two dragons or lizards guarding the shield. There are characters underneath the picture, also in a foreign language. This coin is also silver.
3. The third coin is gold. It has a circular hole in the middle. On one side, it has flowers in an arc on the top half, and Chinese characters on the bottom half. On the back it has many Chinese characters in a circle.

Even if you cannot identify the coins, any help would be greatly appreciated. Thank you!

Justin answers:

The first coin is a 100 Won from South Korea. #2 A coin with the same image on both sides is very rare and has happened in the past but not in modern times so I would say it is a medal of some kind and may not be silver but has a silver color. I would need to see it to go further. #3 is a 5 Yen coin from Japan and the side with the bent flowers is the reverse (back) it is made of brass and is only gold colored.. Hope this helps

Charles asks…

Need foreign coin identified.

Ok so i’ll describe the coin: its silver COLORED (not made of silver, just the same color as nickels, dimes, and quarters). On the front there is a man and on either side of his head there is a bit of writing that looks like it’s Arabic (i’m pretty sure its Arabic but not positive)

On the back there is on on the bottom near the rim of the coin more of the writing, however in the middle the writing stops and there is a big 1/2 then it continues (the writing covers about 1/4 of the back of the rim of the coin) Then above that there is a sort of crest thing with two lions on either side jumping against some sort of oval shaped thing with a 5 point star in the center. And a sort of crown thing above the oval. Then above that there are two dates around the top of the rim on opposite sides of the crest: they are 1987 and 1407. Sorry that I wasn’t able to describe it that well but can anyone tell me by the decription?

Justin answers:

It’s a Morocco dirham…
Http://worldcoingallery.com/countries/coin.php?image=img2/125-87&desc=Morocco%20y87%201/2%20Dirham%20(1987)
You can see a photo of it there..

Robert asks…

What happens to those foreign coins you get in change?

You know when you have a pocket full of change you sometimes get coins fron Sri Lanka, New Zealand, Fiji, etc., usually if they are the same size as local coins I just hide them under another coin when I buy a newspaper, but what happens at the bank, there must be millions of foreign coins circulating like that, are actually legal tender?

Justin answers:

I would suppose the vast majority get recirculated even by businesses whether knowingly or unknowingly. It is likely an identically sized foreign coin could pass through several hands unnoticed. Many might get donated to charities who accept foreign coins, but there are probably very few returned to their country of origin through circulation. Even coin types taken out of circulation can be found decades later. In a side note, we might all be surprised how many foreign, proof, silver, and other collectible coins get into circulation from children or others stealing them from a collection and spending them. I myself have found proof and silver coins, and foreign coins from Canada, Germany, Panama, and Sweden, among other places.

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