| Author |
 Replies: 170 / Views: 22,241 |
|
|
|
New Member
Canada
1 Posts |
I'm new here and got here googling to try and see if there was an image anywhere on-line for this new release. I'm not sure I'm going to be happy with it either.
Just an FYI on something I got from someone at the mint. Yes, the coins have a face value of $20 but are not really legal tender because stores and banks are not obligated to take them. I had thought banks would take them before talking to the mint. Maybe I should confirm with a bank (the mint may just be covering their butt). You could probably sell to a collector for face. Otherwise worth less then half their face value in silver. So 20 for 20 is misleading. Not like some of their quarter/loonie/toonie releases which are at par.
That being said, I would have got the first 3 anyway because I like them. May have to nix the queen though
|
|
Pillar of the Community
Canada
572 Posts |
 TugNorth |
|
Pillar of the Community
Canada
572 Posts |
Update: my online order shows this coin "Processing as of Apr 17, 2012". No image available.
|
|
Valued Member
Canada
178 Posts |
Looking forward to the coin. 20$ isn't a big deal, but I'm kind of getting tired of all the jubilee coins. All the mint needs to do is release a coin with the queen riding a dragon and they'd be set for 2012.
|
|
Pillar of the Community
Canada
610 Posts |
Ya.I got that email yesterday too! And yes I do have a cash back Visa. Now,what it will look like will be a surprise.Either  or  "should arrive in the mail in 2 to 3 weeks."  Edited by collectall
04/18/2012 01:53 am
|
|
Pillar of the Community
United States
808 Posts |
Does anyone recall how the release of the previous $20 for $20 commemorative coin went exactly? I'm curious because I find it odd that subscribers are being notified that the new $20 for $20 Diamond Jubilee commemorative coin has been released and there's not a single news announcement, let alone a hint, of such a popular coin series on mint.ca. I was actually wondering if the email we received wasn't released accidentally and prematurely. Thoughts? |
|
Valued Member
Canada
50 Posts |
Quote:
Just an FYI on something I got from someone at the mint. Yes, the coins have a face value of $20 but are not really legal tender because stores and banks are not obligated to take them. Can somebody confirm this? This was not my understanding with NCLT coins. The LT stands for Legal Tender, after all. |
|
Valued Member
Canada
178 Posts |
Yes, they are legal tender, but I remember some people trying to spend earlier releases at places like Tim Hortons and they wouldn't take them. It's odd that a bank wouldn't take them though.
|
|
Valued Member
Canada
50 Posts |
Quote:
Yes, they are legal tender, but I remember some people trying to spend earlier releases at places like Tim Hortons and they wouldn't take them. It's odd that a bank wouldn't take them though. Yea Tim Horton's I can understand - the average employee is not going to have seen one of those and will be suspicious. I suspect that's even true of your average bank teller. But that doesn't mean that they are not SUPPOSED to take them. I think the only way to test it would be to go to one of the big banks downtown maybe...? I can't imagine anyone accepting less than face value for any coin. |
|
Pillar of the Community
Canada
862 Posts |
stores can accept or reject any currency they want. remember those sign at cashier "we don't accept $100 bill"?
|
|
Valued Member
United States
163 Posts |
Little surprised the masters club members haven't also received an email on this...thought that was supposed to be one of the perks
|
|
Valued Member
Canada
315 Posts |
Quote:
Little surprised the masters club members haven't also received an email on this...thought that was supposed to be one of the perks Are you subscribed to the series? |
|
Pillar of the Community
Canada
3690 Posts |
I understand that subscriptions have a slight priority over MC, but I would expect MC to be notified before they go public.
Also, I'm not impressed that I get an e-mail telling me coins are practically in the mail yet I have not been given the opportunity to see the product and decide whether or not I want to cancel the order. That's a real possibility since the last 24/20 did not giving the same ROI as the first one did and no telling what the design might be this time; the Queen riding a dragon was a good suggestion but unlikely.
|
|
Valued Member
Canada
58 Posts |
I got the email. I am hoping they will ship me my limit of 3 for the subscription I signed up for
|
|
Valued Member
Canada
451 Posts |
I can't help but get a feeling that the Mint is potentially trying to sneak these into our pockets before we get a chance to cancel the order. If they were really proud of this coin, they would be advertising it already. I don't know why the design is so secret.
|
| |
Replies: 170 / Views: 22,241 |
First Page
Posted 04/17/2012 10:36 pm
