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New Release First $200 For $200 2oz Silver

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New Member
Unretired's Avatar
Canada
7 Posts
 Posted 06/26/2015  10:11 am  Show Profile   Bookmark this reply Add Unretired to your friends list Get a Link to this Reply
Just to add my Two Cents to the ongoing "is the $20 coin legal tender" debate:
Legal tender? Yes.
Money? No.

Money is really just what is recognizable and in circulation (or electronic). Pennies? Not money, unless you sneak one through on a US vacation. For that matter, gold/silver is not money, and I would argue nickel dollars aren't really money either. Try to pay the average pizza guy with only nickel dollars; they won't be happy. Old currency? Probably not money either. Would the average cashier be willing to accept a battered 1954 $50 bill? Arguably, even recent issue $100 bills are borderline money nowadays. There are plenty of places that won't accept those.
Pillar of the Community
Canada
6768 Posts
 Posted 06/26/2015  10:27 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply
to CCF, Unretired !

Enjoy being part of the community.

Going back to the theme, could be the 50 cent pieces considered as money, in you opinion?
New Member
Unretired's Avatar
Canada
7 Posts
 Posted 06/26/2015  10:32 am  Show Profile   Bookmark this reply Add Unretired to your friends list Get a Link to this Reply
Nope. I recently received one of those from a cashier as a quarter. We see so few of those in circulation that anyone trying to pass them would need to point out they are actually worth 50 cents.
Pillar of the Community
Canada
6768 Posts
 Posted 06/26/2015  10:47 am  Show Profile   Bookmark this reply Add Silveroid to your friends list Get a Link to this Reply

Quote:
Nope. I recently received one of those from a cashier as a quarter. We see so few of those in circulation that anyone trying to pass them would need to point out they are actually worth 50 cents.


yeah...this is sad, taking in account the fact that unlike $20for$20 (that we get for face value), the halves distributed for $1 + tax

New Member
Unretired's Avatar
Canada
7 Posts
 Posted 06/26/2015  11:03 am  Show Profile   Bookmark this reply Add Unretired to your friends list Get a Link to this Reply
I regard them as just mint products at this point.

BTW, thanks for your welcome upthread.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 06/26/2015  3:33 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
As a coin collector I just think any-4-any is a great concept. It would certainly help if these coins were "real money". All the RCM needs to do is increase mintage to 200,000,000 - or however many bills they print in a single year... I don't know. Would be cool.
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