There is incompetence and then there is this: outright stupidity. Qisna sejrin inbiegħu l-imbarazz il-monti mar-regettiera.
Also, it’s a great idea to produce silver-coated coins with the word “platinum” on them. Absolute genius. This may actually be one of those coins which go into the “I don’t know if it is real or a scam” category.