June Allegory Coins - Page 2 - Coin Community Forum

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Author	Replies: 18 / Views: 4,079	Page: of 2

commems CCF Master Historian of USA Commemoratives United States 12289 Posts	Posted 05/28/2013 12:54 am Quote: Whats shocking is: The Niobium coins are 99.99% Pure silver this time around and are still taxable because they have niobium. This is like saying "Lets tax the Glass Bug coins, they have glass on top of the 99.99% silver" Not sure this is an accurate comparison. The Venetian Glass pieces have a pure silver "coin" with something attached to its surface (i.e., the glass insect is not part of the coin's physical planchet). My understanding of the RCM's niobium coins is that the outer ring of each coin is 99.99% silver but that the inner core is both silver and niobium with enough niobium in the mix to lower the coin's overall silver purity to below 99.99%. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
Dcadon Rest in Peace Canada 1360 Posts	Posted 05/28/2013 01:18 am Same thing happened to crown royal. It used to come in a purple velvet bag - very attractive. The government got into the mix and said "that's no longer only a bottle of booze" and slapped a tax on the crown royal - with the bag... that is why we don't get that bag except at Christmas in special 'gift boxes'. In my opinion, any coin with extra bling attached to it, is no longer truly "bullion" silver/gold, and should be taxed as "art" - Even adding colour to a coin is questionable. Report this Post to the Staff
Anjohl Pillar of the Community Canada 815 Posts	Posted 06/04/2013 12:21 am I just saw these on ebay, I totally want the set of three. How much is the gold version, and how big is it? I guess the silver one is an ounce, at $99.99? Report this Post to the Staff
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