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 Replies: 14 / Views: 2,276 |
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Pillar of the Community
United States
1213 Posts |
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Valued Member
United States
55 Posts |
That's a good one. At first I thought it was going to be nickel silver, like the German Silver. This looks legit to me. Could it be due to them being limited ? With only 200000 being minted it will probably be hard to get our hands on one.
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Pillar of the Community
United States
592 Posts |
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Pillar of the Community
 United States
1213 Posts |
Having looked at this a little closer since I posted this, I guess it's not quite the bargain that I thought. There is no mention of the weight of the coin, so no telling how much silver is there. If it's an ounce, with silver where it currently is at $29, it's a good deal. If it's 1/2 ounce, it's not that great. They can put whatever face value they want on it.
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Pillar of the Community
Canada
3692 Posts |
Check the Canadian forum, where this thread belongs. There's already a 10+ page thread about this coin.
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Bedrock of the Community
United States
19935 Posts |
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Valued Member
United States
109 Posts |
This Coin is 7.96 Grams, There is I Belive 28.35 Grams to a Oz, Looks Like Would Take 3 1/2 Of These To make a Ox
Boatman
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Valued Member
Canada
183 Posts |
Pity you say only in canada.Yes I bought 3 .9999 silver pieces for $60.00 cnd and free shipping!
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Pillar of the Community
United States
1424 Posts |
that seems like a step in the right direction, Canada could actually have some circulating silver coins again!
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Pillar of the Community
United States
1080 Posts |
There's a thread here about these in the Canadian forum, but it is about $7 worth of silver... but the face value is $20, so a Canadian bank would take it. (The opposite of a $5 gold coin with a bullion value much higher than its face value.)
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Bedrock of the Community
Australia
21786 Posts |
European mints produce this style of coin a great deal. If you think it will sell, market it. What would enhance the sale of such coins would be a parallel production of base metal examples. The British do that with their two pound coins. Sell 'em for whatever the market will bear, with relevence to their mintage numbers.
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Bedrock of the Community
United States
14454 Posts |
in the Canadian section there is a page that has 11 pages of replies to it about this same thing that started about a month ago https://goccf.com/t/79692Quote:
but it is about $7 worth of silver... but the face value is $20, so a Canadian bank would take it. Not True, you need to read the Canadian law about NCLT coins, they are not redeemable for face value at any Bank according to what people on this board were told by the people when they called them |
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Valued Member
United States
463 Posts |
I dont think they would last in circulation long though but with 200k mintage I bet it may be worth way more then 20$ one day
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Bedrock of the Community
United States
17884 Posts |
Like Bryan said you will find that the Banks most likely will NOT accept them. The Canadians have already run into this problem a couple of time before with the 76 Olympic coins and for awhile with the Maple Leafs, both times the government either refused them or acccepted them with major restrictions.
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Moderator
 United States
187702 Posts |
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Replies: 14 / Views: 2,276 |
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Posted 02/05/2011 10:04 am
