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 Replies: 22 / Views: 5,607 |
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Valued Member
United States
134 Posts |
Just for those that are interested, Lear has Gold 1/4oz Polar Bears available now. Same design as the 1/5oz Silver coins. I would like to get just one for my collection, but the website says they come in sheets of 20, so I will have to wait until they are available somewhere as singles.
I do not know what price they are at but just thought I would let you know. Check out their website if you want to see.
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Valued Member
 United States
134 Posts |
I meant to say the 1.5oz Silver Polar Bears, not 1/5oz Silver Polar bears
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Valued Member
Canada
269 Posts |
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Pillar of the Community
Canada
1581 Posts |
What is the per oz. cost of this one?
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Valued Member
Canada
269 Posts |
Is there a link that you can post?
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Valued Member
United States
134 Posts |
I hope this is ok, here is a link to the bears: http://www.learcapital.com/polarbearcoin.htmlThey don't give any prices. You have to call them and I have not done that, but from their ad it appears you have to buy at least 20 coins. I would think there is some kind of premium per coin also just like the Silver Bear. |
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Pillar of the Community
Canada
815 Posts |
Does anyone else find it irritating that our mint is producing Exclusive Canadian Commemorative coins for privately owned american corporations? At least 50% of the mintage of these coins should have to be available for sale in Canada, for Canadians by law. This is what the free market gets you, abused, and over charged. Our mint should be a non-profit company tasked solely with maintaining the integrity of Canada's coinage, and producing world class commemorative pieces, not cheap frosting, steel slugs, and commissioned bullion to Americans.
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Rest in Peace
Canada
1360 Posts |
It will likely be the same as the 1-1/2 silver polar bear - unavailable at first - in Canada - then the market will be picking up. For the start, Lear has a bit of a head start. My guess, you'll be able to order from the usual Canadian dealers in a week or four.
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Pillar of the Community
United States
1002 Posts |
Quote:
Does anyone else find it irritating that our mint is producing Exclusive Canadian Commemorative coins for privately owned american corporations? At least 50% of the mintage of these coins should have to be available for sale in Canada, for Canadians by law. This is what the free market gets you, abused, and over charged. Our mint should be a non-profit company tasked solely with maintaining the integrity of Canada's coinage, and producing world class commemorative pieces, not cheap frosting, steel slugs, and commissioned bullion to Americans. It doesn't bother me at all and I am not one to think the free market should dictate in every case. I am a Canadian citizen and live in the U.S., but it wouldn't bother me if I still lived in Canada either. It is not like the commissioned bullion they produce is a necessity of life or even an integral part of Canadian coinage. As a collector, it would be nice to have, but it isn't like healthcare - a necessity to live. I am sure if a Canadian corporation wanted to commission bullion for sale exclusively for Canadians under the same terms, the RCM would oblige. Presumably, the RCM profits from this transaction, which helps in covering overhead, therefore assisting in the ability to produce other coinage. Also the profits generated, since it is a Crown Corporation, results in money from American hands going into the Canadian government coffers, theoretically reducing the tax burden of all resident Canadians. Therefore the benefit of such a transaction is distributed to a broader base of Canadians than just those who wish to purchase this particular bullion. I wouldn't like it if, say, the RCM had made their 1912-1914 gold hoard coins exclusively available to Americans. Those coins are part of Canadian heritage. These special mintings of Commissioned coins wouldn't exist to begin with if the American company didn't commission it in the first place so I don't think they are really of any particular significance to Canada. If anything, Canadians should be proud that there is more demand by Americans for a "Canadian" bullion piece, than one the RCM could have produced with an Eagle and some past American emblazoned on each side. I get your point but I respectfully disagree with it. |
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Pillar of the Community
Canada
1528 Posts |
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New Member
Slovakia (Slovak Republic)
31 Posts |
Set of gold and silver bear.  |
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Pillar of the Community
Canada
5324 Posts |
if you are American or British, can you imagine The Royal Mint or the Us mint creating a coin with a president or queen on one side and only sold by a private Canadian coin dealer. I do not think they would allow this situation to occur, only in Canada. |
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Pillar of the Community
Canada
590 Posts |
You mean like the $5 coins in a new presidential coin series authorized by the Republic of Liberia.  |
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Pillar of the Community
Canada
5324 Posts |
so you are comparing the RCM to Liberia, |
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Pillar of the Community
Canada
590 Posts |
In that they are greedy money grubbers, yes.
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Valued Member
Canada
370 Posts |
So, in a month or two when Canadian companies start selling the 1/4 oz. gold Polar Bear,
what do you think the price will be?
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Replies: 22 / Views: 5,607 |
Posted 02/05/2013 7:37 pm
