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and could circulate but do not because their issue price, and/or their melt value at the time of issue is significantly above the arbitrary legal tender value placed thereon. They are sold to collectors and investors with no intention that they be used as money. Notable examples would include
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Private issues are not NCLT because they are not legal tender and are properly viewed as medals.
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Some coins intended as NCLT have historically circulated, such as the 1893
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is substantially higher, making its use as legal tender highly inadvisable.
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minted in 2020. While the sovereign has a face value of 1
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205:. Doubleday. pp. 382, 704.
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96:December 2012
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216:. Retrieved
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33:verification
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218:7 December
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199:(1988).
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