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1oz 2017 Canadian more than US  
 

 
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Valued Member
United States
50 Posts
 Posted 03/20/2017  05:58 am Show Profile   Bookmark this topic Add John1397 to your friends list Get a Link to this Message
A one ounce Canadian coin is worth $5 dollar Us only $1 dollar



Pillar of the Community
Canada
1288 Posts
 Posted 03/20/2017  07:24 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Actually, they are both worth around the same..... Whatever silver is trading at.
Pillar of the Community
Canada
873 Posts
 Posted 03/25/2017  12:53 pm  Show Profile   Bookmark this reply Add 1cent to your friends list Get a Link to this Reply
Right around the year 2000, maybe a little before, silver was trading at around $4 US per ounce, and people at a show I was at were joking that they were going to spend their silver Maples pretty soon. That is why you always want bullion coins to be denominated at very low dollar values. They were not intended to circulate, they are intended to trade on intrinsic bullion value plus a premium.

Pillar of the Community
Canada
649 Posts
 Posted 03/25/2017  1:20 pm  Show Profile   Bookmark this reply Add punman to your friends list Get a Link to this Reply

Quote:
A one ounce Canadian coin is worth $5 dollar Us only $1 dollar


Yeah, but a U.S. dollar is worth 5 times more than a Canadian one!
Okay - I am exaggerating but when I travel to the States from Canada this year, it sometimes feels that way.

If silver dropped to $2 U.S. an ounce the Canadian coin would be worth more but that is not likely to happen. The other posters are right. For bullion value, redeeming at a coin or jewelry shop, the value should be pretty much the same.
New Member
Canada
42 Posts
 Posted 03/25/2017  1:42 pm  Show Profile   Bookmark this reply Add inconnu to your friends list Get a Link to this Reply
It sort of insures a bottom value of the coin. The same could be said for the 1/4 oz. Olympic $100 coin, it will never be worth less than face. I remember when dealers were glad to part with them for $105. darn I'm old.
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