1967 Anguilla Silver $1 Dollar Counter Stamp Mexico 1948 5 Pesos NGC MS63

Description: Available for sale is a rare 1967 Anguilla Silver $1 Dollar Counter Stamp Mexico 1948 5 Pesos that has been professionally graded by NGC to be a mint state 63. This coin features a population of only 5 coins with only 2 graded higher at NGC. The story behind this coin is as follows. In 1967, a gentleman by the name of Scott Newhall, editor of the San Francisco Chronicle at the time, came up with the idea of the "Anguilla Liberty Dollar." He took existing silver coins, mostly Mexican 5 Pesos which had been minted around 1948, and counterstamped them with "ANGUILLA LIBERTY DOLLAR" and "July 11 1967." He then darkened the counterstamp with a black ink. Anguilla, which is an island in the Eastern Caribbean, had just declared itself independent from Britain in 1967. Newhall most likely saw this as an opportunity at the time to create a new currency for the newly formed provisional government in Anguilla. However, his idea never gained any traction and the Anguillan government did not adopt the counterstamped coins as legal currency within the island. Newhall eventually sold off his minted coins to a coin dealer out in California who continued promoting the story. Today, these Anguilla Liberty Dollars are considered exonumia, meaning items resembling coins but not intended for any official use. They do however hold value for collectors interested in this historical curiosity, especially when the original Mexican coin whith which it was struck on is silver, a better dated coin, and the counterstamp is authentic. Please view all photos carefully. Multiple high quality photos have been taken of this item so please use that as the detailed description. If you have any questions or concerns please contact first before committing to purchase or making an offer. The exact item pictured will be the one that you receive.

Price: 650 USD

Location: West New York, New Jersey

End Time: 2024-10-10T16:00:56.000Z

Shipping Cost: 7.75 USD