Coin and Paper Money Collecting/marshall islands coin

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Expert: - 5/4/2010


Question
we have a $5 coin that has to the heroes of pearl harbor five dollars 1941* 1991 m on one side & republic of the marshall islands 1991 jepilpilin ke ejukaan $5 seal on the other side. we would like to know if this is an actual coin of value or a novelty coin. thank you for your time. ronald & kathryn

Answer
R & K

It's a novelty coin privately minted with the authority of the Marshall Islands.  It says it has a value of $5, but you cannot cash it anywhere -- not even in the Marshall Islands.  And I don't belive the $5 ones have any silver in them -- only the $50 ones do.

So it's value is minimal -- perhaps a dollar, if you can find an interested buyer.

Wish I had better news for you,

Dan

Coin and Paper Money Collecting

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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