| Author |
Replies: 177 / Views: 17,398 |
|
|
|
Pillar of the Community
570 Posts |
People are buying wolfs, so the website is slow from time to time.
|
|
Pillar of the Community
United Arab Emirates
557 Posts |
Thanks for the heads up. Just ordered mine.
|
|
Pillar of the Community
Canada
1751 Posts |
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 |
Canadapost would lose money selling them at $20
Edited by Rockdaddy 03/21/2013 12:30 pm
|
|
Pillar of the Community
Canada
2366 Posts |
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 |
 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 |
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 |
available at the mint store in Vancouver
|
|
Pillar of the Community
Canada
1751 Posts |
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
Canada
319 Posts |
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 |
I we use thoses coins to buy in a retail store, do they have to accept it?
|
|
Pillar of the Community
570 Posts |
My first coins were first $20 for $20. 
|
|
Valued Member
Canada
319 Posts |
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 |
Cool... If we scratch lot's of them, they will go up in value...
|
|
Pillar of the Community
Canada
1751 Posts |
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
|
| |
Replies: 177 / Views: 17,398 |