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ANGUILLA: Liberty dollar, 1967. EF

Currency:USD Category:Coins & Paper Money / World Coins - The Americas Start Price:75.00 USD Estimated At:100.00 - 120.00 USD
ANGUILLA: Liberty dollar, 1967. EF
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ANGUILLA: Liberty dollar, 1967, Bruce-X6, countermarked on 1956 Mexico 10 pesos (KM-474), rare on this host coin (mintage of only 250 pieces), EF on EF host, R. The Anguilla Liberty Dollars were made by Scott Newhall, then-editor of the San Francisco Chronicle. At the time Anguilla was a self-declared independent banana republic ruled by a petty dictator from a neighboring Caribbean island. The Anguillans wanted to wrest control from their neighbor and return to their former status as a British crown colony. To facilitate commerce for the revolutionaries, Newhall, an avid coin collector, took 11,600 dollar-sized silver coins and counterstamped them in the basement of the Chronicle building in San Francisco. The idea was, Newhall would be recompensed for his actual costs, and the new Anguillan government would sell the coins to collectors at a surcharge and keep the profits. It bombed. Just 2,000 to 3,000 were put into commerce, and Newhall was stuck with the balance of the defaced coins.