Asked in US CoinsMarshall Islands
US Coins
Marshall Islands
What is the value of First Men on the Moon 5 dollar silver coin the dates are 1969-1989 from the Republic of the Marshall Islands?
Answer

Wiki User
January 04, 2008 4:03PM
"Currently Marshall Islands coins are valued at or below their face value when bought and sold in the US coin market. The basis for their currency is the US dollar. This was only based on the US dollar and is not redeemable in the US. The coins are rarely redeemable at face value even on the islands. These coins were intended for collectors, not for widespread use as currency."
Source: http://coins.ha.com/common/questions.php
sci
Related Questions
Asked in US Coins, Marshall Islands
Is a 1969 1989 five dollar silver coin with Republic of the Marshall Islands a US coin?

The monetary system if the Marshall Islands is the U.S. dollar.
The Marshall Islands, however, do mint coins for collectors that
are not intended for circulation and are not associated with the
USA dollar and have done so since 1986. They are sold to collectors
as a source of income for the islands.
Asked in World Currencies
What is 35dollars in English money?

What sort of dollars? You need to say what sort of dollars you
want converting into pounds (£). for example:
Currency; ISO code; Country or countries using
currency
Australian dollar; AUD; Australia, Cocos (Keeling) Islands,
Kiribati, Nauru, Tuvalu
Bahamian dollar; BSD; The Bahamas
Bangladeshi taka; BDT; Bangladesh
Belize dollar; BZD; Belize
Bermudian dollar; BMD; Bermuda
Brunei dollar; BND; Brunei, Singapore
Canadian dollar; CAD; Canada
Cayman Islands dollar; KYD; Cayman Islands
East Caribbean dollar; XCD; Anguilla, Antigua and Barbuda,
Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia,
Saint Vincent and the Grenadines
Fijian dollar; FJD; Fiji
Guyanese dollar; GYD; Guyana
Hong Kong dollar; HKD; Hong Kong (China)
Jamaican dollar; JMD; Jamaica
Liberian dollar; LRD; Liberia
Namibian dollar; NAD; Namibia
New Taiwan dollar; TWD; Taiwan (Republic of China)
New Zealand dollar; NZD; New Zealand, Cook Islands, Niue,
Pitcairn Islands
Singapore dollar; SGD; Singapore, Brunei
Solomon Islands dollar; SBD; Solomon Islands
Surinamese dollar; SRD; Suriname
Trinidad and Tobago dollar; TTD; Trinidad and Tobago
United States dollar; USD; United States, Bonaire, British
Indian Ocean Territory, British Virgin Islands, East Timor,
Ecuador, El Salvador, Marshall Islands, Micronesia, Palau, Panama,
Saba, Sint Eustatius, Turks and Caicos Islands
Asked in Marshall Islands
When did Marshall Islands become Independent?

ANSWER: OCTOBER 1, 1986
More detail to resolve the confusion since some believe it was
1979, 1990 or even 2004.
The Marshall Islands approved its own constitution May 1,
1979. At this point the US granted the Marshall Islands
"self-government".
A Compact of Free Association with the United States was signed
on June 25, 1983.
The pact went into full effect on October 1, 1986.
(official date of independence) The pact "recognizes the Marshall
Islands as a sovereign, self-governing state with the capacity to
conduct foreign affairs consistent with the terms of the Compact"
At this point the Marshall Islands officially became the Republic
of the Marshall Islands.
The Marshall Islands were officially and internationally
recognized as an independent country when the United Nations
officially dissolved protectorate status (trusteeship) of the
islands from the US December 22, 1990 ( resolution 683) by a
14-1 vote of the UN security council. What was left of the Soviet
Union finally conceded the US had completed its obligations in the
trusteeship. Only Cuba voted against this because it wanted to
maintain UN oversight of the islands due to the continued US
military presence on the islands.
On September 17, 1991 the Republic of the Marshall
Islands became a full member of the U.N.
The pact with the US was amended/reinforced on May 1,
2004 and is in effect until the end of 2023.
This "independence" though is not an absolute clean break with
the US Federal Government. It is a "compact of free association."
As a result many US federal agencies, regulations and aid programs
are still administered in the Marshall Islands. The US Postal
Service, FEMA, FAA, FCC among many others still operate in the
Republic of the Marshall Islands. The US Military is also
contractually obligated to be the sole protectorate of the new
Republic. The US still operates military bases there with the right
to continue to do so until at least 2086. And all claims against
the US Federal government dealing with atomic testing on Bikini
Atoll oand others have been dropped in exchanged for a half a
billion dollar payment to the new Republic.
The US dollar is still the official currency.
Marshallese citizens do not need special documentation to live
and work in the US legally under the terms of the Free Association,
though it is strongly encouraged that they do get an "EAD"
Employment Authorization Document if for nothing else as a form of
legal US identification. American citizens to not need a visa to
travel to the Marshall Islands. Up until recently a passport was
not needed. But a passport is now required by Marshalese and US
citizens to travel back and forth.
Free association with the US does not necessarily grant
independence. Puerto Rico is a Free Associated Commonwealth of the
US and Guam has a Compact of Free Association but both remain as
territories of the US.
Asked in Marshall Islands
When did Marshall Island become Independent?

ANSWER: OCTOBER 1, 1986
More detail to resolve the confusion since some believe it was
1979, 1190 or even 2004.
The Marshall Islands approved its own constitution May 1,
1979. At this point the US granted the Marshall Islands
"self-government".
A Compact of Free Association with the United States was signed
on June 25, 1983.
The pact went into full effect on October 1, 1986.
(official date of independence) The pact "recognizes the Marshall
Islands as a sovereign, self-governing state with the capacity to
conduct foreign affairs consistent with the terms of the Compact"
At this point the Marshall Islands officially became the Republic
of the Marshall Islands.
The Marshall Islands were officially and internationally
recognized as an independent country when the United Nations
officially dissolved protectorate status (trusteeship) of the
islands from the US December 22, 1990 ( resolution 683) by a
14-1 vote of the UN security council. What was left of the Soviet
Union finally conceded the US had completed its obligations in the
trusteeship. Only Cuba voted against this because it wanted to
maintain UN oversight of the islands due to the continued US
military presence on the islands.
On September 17, 1991 the Republic of the Marshall
Islands became a full member of the U.N.
The pact with the US was amended/reinforced on May 1,
2004 and is in effect until the end of 2023.
This "independence" though is not an absolute clean break with
the US Federal Government. It is a "compact of free association."
As a result many US federal agencies, regulations and aid programs
are still administered in the Marshall Islands. The US Postal
Service, FEMA, FAA, FCC among many others still operate in the
Republic of the Marshall Islands. The US Military is also
contractually obligated to be the sole protectorate of the new
Republic. The US still operates military bases there with the right
to continue to do so until at least 2086. And all claims against
the US Federal government dealing with atomic testing on Bikini
Atoll oand others have been dropped in exchanged for a half a
billion dollar payment to the new Republic.
The US dollar is still the official currency.
Marshallese citizens do not need special documentation to live
and work in the US legally under the terms of the Free Association,
though it is strongly encouraged that they do get an "EAD"
Employment Authorization Document if for nothing else as a form of
legal US identification. American citizens to not need a visa to
travel to the Marshall Islands. Up until recently a passport was
not needed. But a passport is now required by Marshalese and US
citizens to travel back and forth.
Free association with the US does not necessarily grant
independence. Puerto Rico is a Free Associated Commonwealth of the
US and Guam has a Compact of Free Association but both remain as
territories of the US.
Read more:
http://wiki.answers.com/When_did_Marshall_Islands_become_Independent#ixzz19CJvnIjy
Asked in Coins and Paper Money, Marshall Islands
What is the silver content of the First men on the moon 5 dollar silver coin 1969-1989 from the Republic of the Marshall Islands?

None. It is a copper-nickel alloy. The Marshall Islands have
issued commemoratives for hundreds of events, none of which have to
do with their own history. Most commemorate US figures or
accomplishments, because that is where they find a market for these
instant collectables. As near as I can tell, all the $5 coins are
copper nickel, $10 coins are brass, and the $20 and $50 coins are
silver (0.5 and1.0 troy ounces).
Asked in Space Shuttle, US Coins
What is the Five dollar space shuttle discovery coin worth?

Unfortunately, these privately minted Marshall Islands coins are
essentially worthless. They are not silver, so they cannot even be
sold for any metal value. You can't even redeem them at a bank in
the Marshall Islands -- they won't honor them. At best, you might
get a couple dollars as a novelty item. Wish I had better news for
you,
Asked in World Currencies
What country used usd?
Asked in Coins and Paper Money, World Currencies
What countries use the US dollar?

The US dollar is legal tender in Panama, Ecuador, El Salvador,
East Timor, Palau, Micronesia, Marshall Islands, the British Virgin
Islands, the Turks and Caicos Islands, and, as a practical matter
is the circulating currency of Zimbabwe, Peru, Uruguay, Cambodia
and Afghanistan. It is also widely accepted in southern Canada and
northern Mexico..
Bahamas, Bermuda, Barbados, Belize, Lebanon, Hong Kong, Macau,
and several Arab countries have their own currencies which are
pegged to the US dollar.
Asked in World Currencies
Which country doesn't use the dollar as its national currency?

It is much easier to name which countries do use a dollar, as
there are less.
Countries:
Antigua and Barbuda (East Caribbean Dollar)
Australia (Australian Dollar)
Bahamas (Bahamian Dollar)
Barbados (Barbados Dollar)
Belize (Belize Dollar)
Brunei (Brunei Dollar)
Canada (Canadian Dollar)
Dominica (East Caribbean Dollar)
Ecuador (United States Dollar)
El Salvador (United States Dollar)
Fiji (Fiji Dollar)
Grenada (East Caribbean Dollar)
Guyana (Guyanese Dollar)
Jamaica (Jamaican Dollar)
Kiribati (Kiribati Dollar and Australian Dollar)
Liberia (Liberian Dollar)
Marshall Islands (United States Dollar)
Micronesia (United States Dollar)
Nauru (Australian Dollar)
New Zealand (New Zealand Dollar)
Palau (United States Dollar)
Saint Kitts and Nevis (East Caribbean Dollar)
Saint Lucia (East Caribbean Dollar)
Saint Vincent and the Grenadines (East Caribbean Dollar)
Singapore (Singapore Dollar)
Solomon Islands (Solomon Islands Dollar)
Suriname (Surinamese Dollar)
Taiwan (New Taiwan Dollar)
Timor-Leste (United States Dollar)
Trinidad and Tobago (Trinidad and Tobago Dollar)
Tuvalu (Tuvaluan Dollar and Australian Dollar)
United States (United States Dollar)
Zimbabwe (United States Dollar)
Territories:
Anguilla [United Kingdom] (East Caribbean Dollar)
Bermuda [United Kingdom] (Bermuda Dollar)
Bonaire [Netherlands] (United States Dollar)
British Indian Ocean Territory [United Kingdom] (United
States Dollar)
British Virgin Islands [United Kingdom] (United States
Dollar)
Cayman Islands [United Kingdom] (Cayman Islands
Dollar)
Hong Kong [China] (Hong Kong Dollar)
Montserrat [United Kingdom] (East Caribbean Dollar)
Saba [Netherlands] (United States Dollar)
Saint Pierre and Miquelon [France] (Canadian Dollar)
Sint Eustatius [Netherlands] (United States Dollar)
Turks and Caicos Islands [United Kingdom] (United States
Dollar)
Countries unofficially accepting a dollar, all of which are
United States Dollar:
Afghanistan
Bolivia
Cambodia
Costa Rica
Guatemala
Lebanon
Panama
Peru
Philippines
The United States Dollar is the most widely used currency in the
world. It is used by eighteen countries and is pegged by many world
currencies.