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$20 For $20

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Pillar of the Community
570 Posts
 Posted 03/21/2013  12:13 pm  Show Profile   Bookmark this reply Add mts to your friends list Get a Link to this Reply
People are buying wolfs, so the website is slow from time to time.
Pillar of the Community
BLadd's Avatar
United Arab Emirates
557 Posts
 Posted 03/21/2013  12:15 pm  Show Profile   Bookmark this reply Add BLadd to your friends list Get a Link to this Reply
Thanks for the heads up. Just ordered mine.
Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 03/21/2013  12:27 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Anyone think its crazy, my post office is charging $25.95 for this wolf coin. Yet other coins they have are at the official release price. I bought a robin yesterday from them at issue price. Doesn't Canada post get the dealer discount? Who'd of thought a crown Corporation would be charging more, since you can get it at the mint for $20. I talked to both postal outlets in town. Rox
Pillar of the Community
1007 Posts
 Posted 03/21/2013  12:30 pm  Show Profile   Bookmark this reply Add Rockdaddy to your friends list Get a Link to this Reply
Canadapost would lose money selling them at $20
Edited by Rockdaddy
03/21/2013 12:30 pm
Pillar of the Community
kuh_85's Avatar
Canada
2366 Posts
 Posted 03/21/2013  12:42 pm  Show Profile   Bookmark this reply Add kuh_85 to your friends list Get a Link to this Reply
I vaguely remember reading a while back that there isn't a dealer discount on the $20 for $20 as the issue price is the face value.
Pillar of the Community
Canada
6768 Posts
 Posted 03/21/2013  1:03 pm  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply


yeah, it would be strange if coins were sold / traded for less then it's face value.
This occurs in the crash of economics, I think, and then the silver content would be meter and not the face value.
Valued Member
Canada
373 Posts
 Posted 03/21/2013  1:03 pm  Show Profile   Bookmark this reply Add taro-chan to your friends list Get a Link to this Reply
There isn't. thats why CP sells them at $25 dollars in the past. This new one will be $26 dollars at the PO
Valued Member
Canada
105 Posts
 Posted 03/21/2013  1:30 pm  Show Profile   Bookmark this reply Add silverrocket to your friends list Get a Link to this Reply
available at the mint store in Vancouver
Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 03/21/2013  2:13 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
I still don't understand the $20 for $20 concept. There 7 grams of silver, and silver is a buck a gram, how can it be face value? Or it just occurred to me, is it because other $20 coins the issue price is way beyond $20. I had assume it referred to the value of the silver content. It just donned on me now, a newbie mistake. I think I get it now. The discussion really helped me to figure out the $20 for $20 concept. Rox
Valued Member
coin_games's Avatar
Canada
319 Posts
 Posted 03/21/2013  2:20 pm  Show Profile   Bookmark this reply Add coin_games to your friends list Get a Link to this Reply
It's a brilliant money grab for the Mint. The 20 for 20 program has generated tons of new interest in NCLT coins and coin collecting in general.

If the Mint put FV $7.50 on the coin it would confuse a lot of people that thought they were trading 20 for 20. So it's worth $20 in the eyes of collectors not the people that seek silver for melt value.
Valued Member
Canada
246 Posts
 Posted 03/21/2013  2:26 pm  Show Profile   Bookmark this reply Add Mlalonde1977 to your friends list Get a Link to this Reply
I we use thoses coins to buy in a retail store, do they have to accept it?
Pillar of the Community
570 Posts
 Posted 03/21/2013  2:31 pm  Show Profile   Bookmark this reply Add mts to your friends list Get a Link to this Reply
My first coins were first $20 for $20.
Valued Member
coin_games's Avatar
Canada
319 Posts
 Posted 03/21/2013  2:35 pm  Show Profile   Bookmark this reply Add coin_games to your friends list Get a Link to this Reply
If the store owner was knowledgeable about the coin, then why wouldn't they? But try using a 50 cent coin, people scratch their heads. I think it's up to the store if they will accept or not.
I heard most banks will accept them for FV, but they will usually call the Mint first. The Mint accepts them as FV at their Mint Boutiques for store purchases.

Edited by coin_games
03/21/2013 2:36 pm
Valued Member
Canada
246 Posts
 Posted 03/21/2013  2:41 pm  Show Profile   Bookmark this reply Add Mlalonde1977 to your friends list Get a Link to this Reply
Cool... If we scratch lot's of them, they will go up in value...
Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 03/21/2013  2:42 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
Thanks coin games, it had me majorly confused, since I bought my jubilee queen coin last yr, because I was looking at the silver value of the coin, it had really puzzled me, until today. Super explanation, it was very helpful. Rox
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