There have been many discussion online (mostly in forums and on YouTube) about if the Royal Canadian Mint's $20 for $20 coins are actually legal tender. The coins, which cost $20 dollars each when purchased directly from the mint, have a $20 face value. Many people have been worried that they will not be able to exchange their coins back for $20. This video looks to answer some questions about these coins and help reduce the misinformation that is circulating on the internet.
Tuesday, August 27, 2013
$20 for $20 Series: 2011 Canoe
This was the second coin released in the Royal Canadian Mint's $20 for $20 series and is largely regarded as having the best design of the series. The design features a boy paddling a modern canoe and his reflection is a native Canadian paddling a traditional canoe. If you flip the coin upside down, the native paddler has the boy as his reflection. Overall, the design is absolutely beautiful and that is one reason why this coin fetches such high prices on the secondary market.
Like all of the coins in this series, this coin is 1/4 ounce of 99.99% pure silver and has a $20 face value. The mintage for this coin was 250,000 but, like all $20 for $20 coins, it sold out quickly.
Like all of the coins in this series, this coin is 1/4 ounce of 99.99% pure silver and has a $20 face value. The mintage for this coin was 250,000 but, like all $20 for $20 coins, it sold out quickly.
2011 1/2 gram gold Cougar
Here is one of the smallest coins you are likely to ever see - a 1/2 gram coin. Even smaller than the 1/25 ounce gold coins, these are the smallest ever made by the Royal Canadian Mint. The coins are 99.99% pure gold and have a 25 cent face value.
This coin features a cougar's head on the coin. My first thought was that it was odd to have such a large animal featured on such a small coin. Don't get me wrong, I really like the design and think it looks great - I just thought they would try to market a small coin like this by putting on a small animal. Either way, I am still very glad I bought this.
This coin features a cougar's head on the coin. My first thought was that it was odd to have such a large animal featured on such a small coin. Don't get me wrong, I really like the design and think it looks great - I just thought they would try to market a small coin like this by putting on a small animal. Either way, I am still very glad I bought this.
Junk Silver Investing in Canada
Many silver investors, especially those in the USA, rely heavily on junk silver (old, circulation silver with a silver content lower than sterling - lower than 92.5%). They can often find amazing deals and get the coins at near spot price.
However, many countries, like Canada and Australia do not have such deals. It is not necessarily the coins themselves that are more expensive, but rather the taxes or regulations. This video talks about the realities of junk silver investing in Canada and how that impacts investments.
However, many countries, like Canada and Australia do not have such deals. It is not necessarily the coins themselves that are more expensive, but rather the taxes or regulations. This video talks about the realities of junk silver investing in Canada and how that impacts investments.
Monday, August 26, 2013
2013 1/2 Gram Hummingbird Gold Coin
The Royal Canadian Mint has come out with another 0.5 gram gold coin. Like the others, these are 99.99% pure gold and have a face value of 25 cents.
I think this was a great image to put on such a small coin. When you look at a hummingbird, you think of a beautiful, tiny and delicate animal. It is fitting that such an animal would be on such a beautiful, small, delicate coin.
Here is a video where I go into a little more detail about it and you can get a good look at the detailing on the coin.
I think this was a great image to put on such a small coin. When you look at a hummingbird, you think of a beautiful, tiny and delicate animal. It is fitting that such an animal would be on such a beautiful, small, delicate coin.
Here is a video where I go into a little more detail about it and you can get a good look at the detailing on the coin.
The Value of a Dollar: US Dollars vs. Other Forms of Money
A recent trip to the USA got me thinking about the value of national
currencies, like the US dollar, and how it compares to other common
forms of "money".
List of $20 for $20 Coins
The Royal Canadian Mint regularly produces $20 for $20 coins. Each coin is 1/4 ounce of 99.99% pure silver and has a $20 face value. The great thing about these coins is that they only cost $20 to buy (if you get them directly from the mint).
Here is a complete list of the coins and links showing off the coins that I own. If I am missing any, let me know.
Collection (16 of 21):
1) 2011 Five Maples
2) 2011 Canoe
3) 2012 Polar Bear
4) 2012 The Queen's Diamond Jubilee
5) 2012 Farewell to the Penny
6) 2012 Magical Reindeer
7) 2013 Hockey
8) 2013 Wolf
9) 2013 Iceberg and Whale
10) 2013 Santa
11) 2014 Canada Goose
12) 2014 Bobcat
13) 2014 Summertime
14) 2014 Snowman
15) 2015 Bugs Bunny
16) 2015 FIFA Women's World Cup
17) 2015 Superman
18) 2015 Gingerbread Man
19) 2016 Tyrannosaurus Rex
20) 2016 Batman v Superman: Dawn of Justice
21) 2016 Star Trek: Enterprise
Here is a complete list of the coins and links showing off the coins that I own. If I am missing any, let me know.
Collection (16 of 21):
1) 2011 Five Maples
2) 2011 Canoe
3) 2012 Polar Bear
4) 2012 The Queen's Diamond Jubilee
5) 2012 Farewell to the Penny
6) 2012 Magical Reindeer
7) 2013 Hockey
8) 2013 Wolf
9) 2013 Iceberg and Whale
10) 2013 Santa
11) 2014 Canada Goose
12) 2014 Bobcat
13) 2014 Summertime
14) 2014 Snowman
15) 2015 Bugs Bunny
16) 2015 FIFA Women's World Cup
17) 2015 Superman
18) 2015 Gingerbread Man
19) 2016 Tyrannosaurus Rex
20) 2016 Batman v Superman: Dawn of Justice
21) 2016 Star Trek: Enterprise
Subscribe to:
Posts (Atom)