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All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Commemoratives and Non-Circulating Coinage (NCLT)

The 2021 $20 Silver Maple Leaf

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Author Previous TopicReplies: 3 / Views: 1,595Next Topic  
John1
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United States
56855 Posts
 Posted 06/23/2021  04:47 am Show Profile   Bookmark this topic Add John1 to your friends list Get a Link to this Message Number of Subscribers
Seen this coin on The Coin Vault last night. Wow what a beauty. Just wondering if any of you plan on buying one? What are your thoughts on it? https://www.ebay.com/itm/384223885818
John1

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silverwolf
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Canada
3733 Posts
 Posted 06/23/2021  04:51 am  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
too late, it is well over 2 times issue price.
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vonigohcr
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Canada
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 Posted 06/23/2021  3:39 pm  Show Profile   Bookmark this reply Add vonigohcr to your friends list Get a Link to this Reply
If you really like it, the cost is yours to justify.

It is much higher than issue price and I am not sure whether the market rewards Proof-70 NCLT the way that it would reward a MS-70 from a circulation batch. Release price was $120CDN. $349USD = $430CAD or 3.6x issue price. Silver is around $24USD right now so this is 14.5x bullion. At this price, don't expect the coin to return value as either a long term investment or even a speculative play... any profit in this coin has long been exhausted... As a collectible... that is a personal choice.

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tusker
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Canada
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 Posted 06/25/2021  2:50 pm  Show Profile   Bookmark this reply Add tusker to your friends list Get a Link to this Reply
I saw it today and was immediately taken by it. It is unfortunate that mere mortals get shut out of buying at release prices.
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All Forums Category: Canadian Coins and Currency Forums Forum: Canadian Commemoratives and Non-Circulating Coinage (NCLT)



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