2010 M16 Colt 5.56mm Colored Proof Coin 1oz Silver New Zealand Mint 1164

  

2010 M16 Colt 5.56mm Colored Proof Coin 1oz Silver New Zealand Mint 1164. First and foremost, as demonstrated in the accompanying video, the spring-loaded release button and internal eject mechanism function properly, allowing the coin to pop out of the novelty magazine as originally designed. Low mintage of only 20,000. One of the most unique modern silver collectibles, featuring a spring-loaded magazine presentation unlike any other coin series. Contains 1 troy ounce of.

This specimen features the American Bald Eagle obverse instead of the traditional effigy of Queen Elizabeth II. As a result, it is associated with the Mesa Grande Band of Mission Indians rather than the more commonly encountered Niue-issued version.