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Are You Going To Buy The $100 For $100 Coin?

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NuMoosematist's Avatar
Canada
867 Posts
 Posted 05/15/2013  12:15 pm  Show Profile   Bookmark this reply Add NuMoosematist to your friends list Get a Link to this Reply
We bought three. One for the collection and two as potential gifts.

We like the design and it's really a no lose purchase.
Valued Member
yunbo's Avatar
Canada
90 Posts
 Posted 05/15/2013  12:22 pm  Show Profile   Bookmark this reply Add yunbo to your friends list Get a Link to this Reply
Cool design
Pillar of the Community
MoneyPenney's Avatar
Canada
2984 Posts
 Posted 05/15/2013  4:49 pm  Show Profile   Bookmark this reply Add MoneyPenney to your friends list Get a Link to this Reply

Quote:
Even with a face value of 100$ it would need better design (IMO) for me to buy some.


Actually it is a really nice design. Much better looking than "chicken head" eagle coin.

Plus lots of Americans are into Buffalo coins.

Edited by MoneyPenney
05/15/2013 6:00 pm
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Mrpiedfort's Avatar
Canada
663 Posts
 Posted 05/15/2013  5:54 pm  Show Profile   Bookmark this reply Add Mrpiedfort to your friends list Get a Link to this Reply
Between the $100 for $100 coin and the "chicken head" eagle, I bet the $100 for $100 will do better in the secondary market one year from now.
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tristen1230's Avatar
Canada
516 Posts
 Posted 05/15/2013  7:26 pm  Show Profile   Bookmark this reply Add tristen1230 to your friends list Get a Link to this Reply
I bought one for my personal collection. If you ever need the money you can of course try the bank or ebay will get you at least 100.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 05/15/2013  7:47 pm  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
I've ordered 6. For anyone that collects coins, it's the safest purchase to make. There's nothing to lose.
As to the shipping date...... They listed the day and month right, but put the wrong year. Lol.
New Member
Canada
19 Posts
 Posted 05/15/2013  8:02 pm  Show Profile   Bookmark this reply Add redfish to your friends list Get a Link to this Reply
Indeed .. nice design ... I can display it with other BISON coins from other country ... consider one of best BISON :)

Plus, always can cash in bank as $100 ... like other said...nothing loose

My guess it will be sold in days before public
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tristen1230's Avatar
Canada
516 Posts
 Posted 05/15/2013  8:12 pm  Show Profile   Bookmark this reply Add tristen1230 to your friends list Get a Link to this Reply
@redfish - If you can find one which they will. All the banks hate me (coin roll hunting) so I may have trouble.
Valued Member
lesinwestvan's Avatar
Canada
133 Posts
 Posted 05/15/2013  8:31 pm  Show Profile   Bookmark this reply Add lesinwestvan to your friends list Get a Link to this Reply
I'm excited about this coin. I saw an enlarge picture in the boutique store yesterday and order three this morning.

I believe this is going to be one of those coins that the pictures won't do it justice. Can't wait to have it in the hand.
New Member
Canada
19 Posts
 Posted 05/15/2013  9:48 pm  Show Profile   Bookmark this reply Add redfish to your friends list Get a Link to this Reply
@tristen1230 I recall read from RFD there is a success story to cash out $20 for $20 in bank. Well, of course, just some paper involved :-p

hopefully not too hard
Valued Member
Canada
292 Posts
 Posted 05/15/2013  11:33 pm  Show Profile   Bookmark this reply Add cookiecutter to your friends list Get a Link to this Reply
I'm probably going to pass on this coin.

On a mildly related note, I was visiting Ottawa this weekend and spoke to one of the tour guides at the mint. I asked her about difficulties cashing in a 20 for 20 coin, or for the upcoming 100 for 100 coin. She said that all banks should (in theory) accept them and that the reason they don't accept them may be because they're unfamiliar with the process. Banks need to collect a number of these NCLT coins and then send in the batch to the mint along with some forms. She informed me that a quick call to the mint from the bank manager would sort it all out. Sounds good in theory; in praxis, probably not so easy

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Redzapsid's Avatar
Canada
1571 Posts
 Posted 05/16/2013  12:17 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
There was a big news report (in Toronto) about people trying to cash in their $20 for $20 coins at the bank. The guy in the report had a hard time at first, but after all the media attention, got some bills. Any business or person can refuse any currency, whether it be paper/polymer money or coins. The bank (or store, or gas station, etc., or even a local drug dealer) does NOT legally have to accept these coins eventhough they are legal tender. It is 100% at their discretion. With that being said, even if you are a good standing customer at a bank, and try to cash in a $100 coin, I'd expect the teller to give you a very puzzled look. After speaking to the branch manager, you should be able to exchange the coin for a bill... But it may take a few minutes while they call the mint.
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Redzapsid's Avatar
Canada
1571 Posts
 Posted 05/16/2013  12:21 am  Show Profile   Bookmark this reply Add Redzapsid to your friends list Get a Link to this Reply
Usually when I walk into a bank, they recognize me, and expect an unusual transaction, such as exchanging $500 in bills for 25 cent coins or $2500 in $100 bills for all $5 bills. I think they'd know I wasn't just trying to pull a quick one on them by now.
New Member
Canada
14 Posts
 Posted 05/16/2013  12:27 am  Show Profile   Bookmark this reply Add LeToaster to your friends list Get a Link to this Reply
the coin is available now for everyone!

ordered 3, and with free shipping over 69$, its HOT! :D
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SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 05/16/2013  12:40 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
Between the $100 for $100 coin and the "chicken head" eagle, I bet the $100 for $100 will do better in the secondary market one year from now.


For $100, I would rather take my chances with four silver maple leaf coins... I bet my purchase will do even better, one year from now...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

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