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 Replies: 587 / Views: 65,098 |
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Pillar of the Community
Canada
746 Posts |
true, noahs... he he... anyone know how much silver content the $100 for $100 will have? I think the $20 for $20 has a quarter ounce of silver, so the $100 for $100 should have 1 1/4 oz. But that's an odd amount, so guessing it'll be about one ounce?  I don't mind paying $89 for a one ounce polar bear with cubs because of the detailed artwork, but the $20 for $20 coins have plain, even blah designs, with a few exceptions, like the canoe & wolf... Will people be willing to pay $100 an ounce for a series that has the reputation of the most affordable coin available?  |
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Pillar of the Community
Canada
6768 Posts |
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Will people be willing to pay $100 an ounce for a series that has the reputation of the most affordable coin available? Certanly will. $100 face value - also the factor. We already pay $99 per 1oz for some coins. |
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Pillar of the Community
Canada
1581 Posts |
My guess is it will be based on the 1.5 oz polar bear specs.
Reverse proof. 1.5 oz for $100. 50K mintage.
It wouldn't surprise me if the polar bear is the actual design. They reused an NCLT design for the 3/4 (insert complaints here). So, a turnabout would be expected (turn a custom release bullion design into an NCLT). And it keeps with the recent polar bear theme.
A bonus, if so, would be the capsules they have created could become available in the market for the 1.5 oz bullion.
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Valued Member
Canada
315 Posts |
it's not polar bear, it's bison
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Pillar of the Community
Canada
3690 Posts |
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Pillar of the Community
Canada
2781 Posts |
the $100 face value is just there to give a (false) sense of security. since the removal of the gold standard "face value" is just an agreement of what a coin is 'worth', and with collectable coins the banks are not going to agree with a collector on value.
banks could very well agree to exchange your coin, send it to the mint, wait 6 monthes for the mint to verify the coin, then hit you with a $20 fee.
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Pillar of the Community
Canada
1581 Posts |
OK, so they are finally totally nuts.
50,000 @ $100 for 1 oz is crazy.
Not even close to interested.
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Pillar of the Community
Canada
815 Posts |
It should be 2 ounces. That, or proof finish. IMHO the mint has had exactly ONE set of "commemorative" coins worth their premium: The Wildlife Silver Maple set, though it's a crime that the public still can't order bullion from our publicly funded mint.
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Pillar of the Community
Canada
2124 Posts |
Well .... well.... if you get a $100 face value, the amount of silver is secondary. It will be a fast sold out.
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Pillar of the Community
Canada
815 Posts |
Quote:
Well .... well.... if you get a $100 face value, the amount of silver is secondary. It will be a fast sold out. The face value is symbolic, and not actually redeemable, like other NCLT. That being said, I am getting at least ten, because I know they will sell for $150+ within a year. |
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Pillar of the Community
Canada
1528 Posts |
Quote:
It should be 2 ounces. That, or proof finish. IMHO the mint has had exactly ONE set of "commemorative" coins worth their premium: The Wildlife Silver Maple set, though it's a crime that the public still can't order bullion from our publicly funded mint. The Bee & Hive is 1/4 oz with a face value of $3 = 69.95 Blue Flag Iris is 1 oz with a face value of $20 = 119.95 The canopy is 1oz with face value of $20 = $99.95 |
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Pillar of the Community
Canada
1581 Posts |
The Blue Flag Iris ($119.95): 10000 mintage The Canopy ($99.95): 7500 mintage The 25th SML ($109.95): 10000 mintage Oh Canada 1 oz. series ($89.95): 8500 mintage per coin (plus a nice box if you subscribed) The $100 for $100: 50000 mintage The Bee & Hive - 1/4 oz for $69.95 - 10,000 mintage $20 for $20 - 1/4 for $20 - 250,000 mintage See the normal trends? Quote:
It will be a fast sold out.
Maybe. But, it is baffling why people think this is interesting. The Greater Fool. |
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Pillar of the Community
Canada
6768 Posts |
Much more than interesting: $100 RCM silver coin - I do not remember (could be wrong) such coin Bison stampede - do we have other silver coin with Bison? I know only the Platinum set. $100 for $100 as series - nice items. Single disadvantage - mintage of 50.000 What is the difference between "theoretically hot" 1oz Silver Eagle and 1oz Bison? Only the mintage. Does someone care of the mintage of highly desirable 1 million last pennies that just nicelly packed? |
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Pillar of the Community
Canada
815 Posts |
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Valued Member
Canada
319 Posts |
This coin will sellout and probably won't be the last in the series. People will regret not getting it and will grumble when they pay $130+ in the aftermarket.... and expect the next one to have a higher mintage  |
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Replies: 587 / Views: 65,098 |
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Posted 04/29/2013 10:43 am
