Canadian 1000 Gram Silver Coin - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 2,212
KJDonovan New Member United States 2 Posts	Posted 03/10/2009 6:31 pm Greetings, I am new to this site, but have been collecting US coins for several years. I have a question about Canadian coins. I am thinking about purchasing one of the 2008 1000 gram Canadian Coins. http://www.mint.ca/store/coin/fine-...Id=cat120006 The current price is about $1190.00 USD which is a huge premium on the silver spot price. That being said, they will only be minting 2500 of these beautiful coins. My question is; Does anyone know if coins of this nature actually appreciate in value? I know as far as the value of silver goes it won't until silver exceeds $30 an ounce, which I do not expect to happen soon. I guess I am curious if these types of commemorative increase in value. I know the Canadian Mint issued a similar coin in 2007, but I am unable to find any values for that year anywhere. Thanks so much for any advice / information you can provide. Thanks, Kevin Donovan Foster, Rhode Island Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 03/10/2009 6:35 pm to CCF KJ,i don't have an answer to your post but I do suggest you post it in the Canadian section. John1 Report this Post to the Staff
mkb Valued Member United States 324 Posts	Posted 03/10/2009 9:31 pm "Does anyone know if coins of this nature actually appreciate in value?" Nope. The track record of most RCM issues is to fall in value over a period of about 5 years or so. In a few years this coin will trade at the price of the silver in the coin. There are lower mintage coins that have already done that. Collectors that presently are willing to pay higher premiums for coins are collectors that focus on business scarce to rare business issues. Report this Post to the Staff
EgCollector Pillar of the Community Egypt 3470 Posts	Posted 03/11/2009 04:51 am to CCF Report this Post to the Staff
xshift Pillar of the Community United States 2669 Posts	Posted 03/11/2009 05:20 am Hi Kevin, The 2007 Early Canada 1-Kilo coin was issued at a price of $1299.95.. current going rate for a PR67 is $1500 and a PR68 is $2000 (according to Charlton). So yes, it looks like they've gone up already And to CCF! Report this Post to the Staff
xshift Pillar of the Community United States 2669 Posts	Posted 03/11/2009 05:23 am By the way.. I believe Charlton lists in Canadian funds, so the prices above are not USD. Report this Post to the Staff
ballain New Member Canada 36 Posts	Posted 03/15/2009 2:04 pm Hi KJ, Yeah they are way over spot, but I have to say, they are a work of art, Here is the pic of mine 2007 I got mine at a local Dealer for about 1550$ CAD. Report this Post to the Staff
	Replies: 6 / Views: 2,212

To participate in the forum you must log in or register.

All Forums Category: World Coins and Currency Forums Forum: Canadian Coins and Colonial Tokens

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.25 seconds to rattle this change.