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01-30-2012, 07:33 AM
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#1 | Rs has made me the man i am today!
Join Date: Mar 2005 Location: Richmond
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| $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..
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01-30-2012, 09:07 AM
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#2 | Rs has made me the woman i am today!
Join Date: Mar 2004 Location: Vancouver
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Sucks that getting an oz of bullion at the bank is still way cheaper than this.
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01-30-2012, 09:12 AM
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#3 | Zombie Mod
Join Date: Aug 2003 Location: Langley
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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!
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01-30-2012, 09:44 AM
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#4 | SFICC-03*
Join Date: Mar 2002 Location: richmond
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| Quote:
Originally Posted by Death2Theft Sucks that getting an oz of bullion at the bank is still way cheaper than this. | what are you talking about? an oz is $33.50 spot right now.
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01-30-2012, 09:49 AM
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#5 | Rs has made me the woman i am today!
Join Date: Mar 2004 Location: Vancouver
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These coins are 7.98 grams if the math is right it's 1/4 oz.
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01-30-2012, 09:53 AM
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#6 | 2x Variable Nockenwellen Steuerung
Join Date: Oct 2002 Location: N49.2 W122.1
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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. Quote:
Originally Posted by unit what are you talking about? an oz is $33.50 spot right now. | |
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01-30-2012, 10:04 AM
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#7 | The RS Freebie guru
Join Date: Jul 2001 Location: East Vancouver
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Yeah, they're banking on people holding onto them.
I don't know why I keep buying these. LoL
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01-30-2012, 10:12 AM
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#8 | SFICC-03*
Join Date: Mar 2002 Location: richmond
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| Quote:
Originally Posted by Death2Theft These coins are 7.98 grams if the math is right it's 1/4 oz. | 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 $20.
not saying its an investment coin but you're not losing anything by owning them either.
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01-30-2012, 12:56 PM
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#9 | RS.net, helping ugly ppl have sex since 2001
Join Date: Feb 2010 Location: Vancouver
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Thanks for the info.
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Go Canucks go!
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01-30-2012, 12:56 PM
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#10 | I Will not Admit my Addiction to RS
Join Date: Oct 2010 Location: Burnaby
Posts: 578
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yay just bought this too!
did anyone else get a notice to subscribe for 2 more new 20$ 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
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<:D
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01-30-2012, 01:05 PM
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#11 | nuggets mod
Join Date: Feb 2002 Location: richmond
Posts: 7,051
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Thanks OP. Just bought some.. although I'm not sure why..
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01-30-2012, 01:14 PM
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#12 | RS.net, where our google ads make absolutely no sense!
Join Date: Sep 2011 Location: Vancouver
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Same, bought it and I don't know why
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01-30-2012, 02:02 PM
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#13 | Zombie Mod
Join Date: Aug 2003 Location: Langley
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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.
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01-30-2012, 04:26 PM
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#14 | Fathered more RS members than anybody else. Who's your daddy?
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I ordered three, and I know why.
Code wouldn't work for me, but used lower case "g" and it worked.
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Youth is, indeed, wasted on the young.
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01-30-2012, 05:25 PM
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#15 | 14 dolla balla aint got nothing on me!
Join Date: Dec 2007 Location: richmond
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basically an attempt to contract our money supply if they bank on us holding on to them?
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01-30-2012, 08:08 PM
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#16 | Revscene.net has a homepage?!
Join Date: Jun 2004 Location: Vancouver
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ordered 3, love these collectibles
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01-30-2012, 10:16 PM
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#17 | Head Moderator
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Ordered one just for the hell of it. |
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01-30-2012, 10:18 PM
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#18 | Everyone wants a piece of R S...
Join Date: Dec 2008 Location: vancouver
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just bought 3
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01-30-2012, 11:04 PM
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#19 |
Join Date: Apr 2006 Location: Burnaby
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thanks for free shipping op.
is this on RFD yet?
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Originally Posted by westopher I'd probably blow someone for that 911 | |
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01-30-2012, 11:14 PM
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#20 | I subscribe to Revscene
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Originally Posted by Presto The purchase of these coins is not just for the metal. They are collector coins, and they are also legal tender. | wait. so i buy with my credit card that gets me a a almost 2% return in travel credits...FREE MONEY?
edit: not much free money but free nonetheless
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01-30-2012, 11:42 PM
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#21 | SFICC-03*
Join Date: Mar 2002 Location: richmond
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i dont think so. its like buying currency, you wont get points for it.
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01-30-2012, 11:48 PM
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#22 | Fathered more RS members than anybody else. Who's your daddy?
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| Quote:
Originally Posted by pK-diU- wait. so i buy with my credit card that gets me a a almost 2% return in travel credits...FREE MONEY?
edit: not much free money but free nonetheless | ...........from the original 20 dolla coin thread. http://www.revscene.net/forums/63787...ml#post7320075
__________________ Quote:
"there but for the grace of god go I"
| Quote:
Youth is, indeed, wasted on the young.
| YODO = You Only Die Once.
Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
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01-30-2012, 11:52 PM
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#23 | Fathered more RS members than anybody else. Who's your daddy?
Join Date: Aug 2002
Posts: 24,751
Thanked 11,514 Times in 4,905 Posts
| Quote:
Originally Posted by unit i dont think so. its like buying currency, you wont get points for it. | Would Mastercard or Visa even know or care?
Interesting thought. I just assumed you would get points.
__________________ Quote:
"there but for the grace of god go I"
| Quote:
Youth is, indeed, wasted on the young.
| YODO = You Only Die Once.
Dirty look from MG1 can melt steel beams.
"There must be dissonance before resolution - MG1" a musical reference.
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01-31-2012, 12:02 AM
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#24 | RS.net, where our google ads make absolutely no sense!
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Just ordered 3. One for the gf, and 2 for safe keepings (or anyone wants to trade )
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01-31-2012, 01:19 AM
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#25 | My AFC gave me an ABS CEL code of LOL while at WOT!
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| Quote:
Originally Posted by MG1 Would Mastercard or Visa even know or care?
Interesting thought. I just assumed you would get points. | +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.
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