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Replies: 21 / Views: 3,467 |
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Pillar of the Community
 Canada
9866 Posts |
I have to wonder what the RCM did with all the sets they bought back at face value in the early 90s when the bullion value of these coins was less than their face value.
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Previously Ousted
Canada
398 Posts |
I have heard that they and the BOC does not even recognize these as legal tender. Just ask Jo at J&M. he tried to pay his taxes with them years ago. REV Can hesitantly took them with the reservation trhat the mint confirm the value of $10, apparently RCM refused. and Jo was stuck making up the difference with penalties etc.... it is heresay but apparently true.
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Valued Member
 Australia
262 Posts |
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Valued Member
 Australia
262 Posts |
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Valued Member
 Australia
262 Posts |
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Valued Member
 Australia
262 Posts |
https://goccf.com/t/113847#971783Hi Adanak, thanks heaps! especially for that info. and I checked it been mint by 1973, not 1974 :( so is that means only bullion value?
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Valued Member
 Australia
262 Posts |
https://goccf.com/t/113847#971796thanks geezer! by the way, do you know the mintage about this coin set? because I have no idea how many pieces been mint in that year. ta!
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Valued Member
 Australia
262 Posts |
https://goccf.com/t/113847#971801thanks coingirl! good on ya! I cannot imagine a coin set sold for 420! my best score til now is SPOT +25% for a Samoa proof set and I was extremely happy during that time :)
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Valued Member
 Australia
262 Posts |
https://goccf.com/t/113847#971803haha, yes, same thing happened our 200 AUD gold coin, some coin dealer used to buy back with 160 ea when it's bullion value around 140.
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Pillar of the Community
 Canada
9866 Posts |
They are bullion value coins.There were 7 sets of 4 coins issued between 1973 and 1976,your coins are of the first sets issued in December 1973.Only the total mintage of all coins in all 7 sets is known,about 12 million.
Edited by DBM 03/15/2012 12:20 am
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Pillar of the Community
Canada
2366 Posts |
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Valued Member
 Australia
262 Posts |
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Valued Member
 Australia
262 Posts |
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Valued Member
 Australia
262 Posts |
https://goccf.com/t/113847&whichpage=2#972470"A few errors are known, including incorrect date and also coins struck in nickel instead of silver. " that's sucks :( if someone purchased it with silver price but actually bought nickel coins
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Valued Member
Canada
207 Posts |
I don't think that is a bad deal if I could Buy a nickel coin at Silver BV :-)
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Replies: 21 / Views: 3,467 |
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