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Thread: Depositing $20 coins in bank? (Canada)
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Old May 15, 2012 | 6:35 pm
  #9  
thehawk75
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Originally Posted by 15cats
They sure can go down in value. It's called inflation.
Did you note that it's 1/4 OZ Pure Silver? Melt the coin (which I do not recommend) and it's still worth $6.90 at today's prices. I think you've got an 'inflation hedge' built into it. And if silver never reaches $80 CAD per ounce, well, the coin will still worth $20 CAD.
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