$20 Silver coins at Canadian Mint
 

sooo Canadian Mint released a new FV $20 silver coin selling for $20.

This time its the $20 Pure Silver Commemorative Coin - Polar Bear (2012).
$20 Pure Silver Commemorative Coin - Polar Bear (2012)

Limit 3 per household

use "Gazette 30" for free shipping..

You can also subscribe to reserve the next two $20 for $20 coin releases here.
2012 $20 for $20 Subscription
Limit 3 per household as well as usual. Guaranteed no taxes and free shipping..

Sucks that getting an oz of bullion at the bank is still way cheaper than this.

The purchase of these coins is not just for the metal. They are collector coins, and they are also legal tender. For $20 bucks (no taxes/shipping), you get a coin that's worth, at least, $20 CDN, when you receive it. Even if it doesn't appreciate in collector value, it's still worth 20 Canadian bucks. Buy it on your credit card and at least get some points!

what are you talking about? an oz is $33.50 spot right now.

These coins are 7.98 grams if the math is right it's 1/4 oz.

Yes it is that amount for an oz.. but the coin is not a full oz coin.

The mint is no longer a purely gov non profit operation and they are no dummy.. the silver coins of today are not as valuable in terms of metal than the coins of the past.

It cost them about $8 of silver to make a $20 tender coin.

Yeah, they're banking on people holding onto them.

I don't know why I keep buying these. LoL

yeah but theres a face value of $20 what part of that dont you understand?
you're buying a $20 coin for $20.

a 1oz silver coin is face value $5, so lets say one day silver tanks, your coin may only be worth $5 while this coin will always be worth at least $20.
not saying its an investment coin but you're not losing anything by owning them either.

Thanks for the info.

yay just bought this too!

did anyone else get a notice to subscribe for 2 more new 20$ coins as they release? (good if you dont always check their site). i just got that message, and i subscribed! i like these 20$ coins for 20$ hahahaha

Thanks OP. Just bought some.. although I'm not sure why..

Same, bought it and I don't know why

The good thing is that you didn't really spend anything on them. You just did a swap. You're not out any money, and you can spend your $20 coin anytime. Although legal tender, businesses may not take it, but you can always swap it at the bank. If you decide to keep it, it may appreciate in collector value.

I ordered three, and I know why. :)


Code wouldn't work for me, but used lower case "g" and it worked.

basically an attempt to contract our money supply if they bank on us holding on to them?

ordered 3, love these collectibles

Ordered one just for the hell of it. :woot:

just bought 3

thanks for free shipping op.

is this on RFD yet?

wait. so i buy with my credit card that gets me a a almost 2% return in travel credits...FREE MONEY?
http://i0.kym-cdn.com/photos/images/...png?1322723607


edit: not much free money but free nonetheless

i dont think so. its like buying currency, you wont get points for it.

...........from the original 20 dolla coin thread.

http://www.revscene.net/forums/63787...ml#post7320075

Would Mastercard or Visa even know or care?

Interesting thought. I just assumed you would get points.

Just ordered 3. One for the gf, and 2 for safe keepings (or anyone wants to trade :) )

+1 I don't think they care. Cause there's many more other products RCM sell that's beyond the price of legal tender / what its value at. If I'm not mistaken, I received points for the 3 x $20 I ordered last time.