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-   MilesBuzz (https://www.flyertalk.com/forum/milesbuzz-370/)
-   -   $20 pure silver coin is available for only $20 (https://www.flyertalk.com/forum/milesbuzz/1266767-20-pure-silver-coin-available-only-20-a.html)

philosophy_king Oct 7, 2011 1:06 am
$20 pure silver coin is available for only $20
 
http://www.mint.ca/store/product/pro...003&lang=en_CA

Don't know if this useful. My first post in this section. Thanks!

mase Oct 7, 2011 1:37 am
limit 3 and $3 shipping. probably can't do anything large-scale.

st.exupery Oct 7, 2011 4:39 am
As silver, it's only 7.96 grams = .28 oz. But it is $20 Canadian.

84fiero Oct 7, 2011 4:42 am
For U.S. shipping is flat $12.99 for 1-3 coins. Their Mint does have some neat coins from a collecting perspective - I'd never thought to check up North. For US & Canadian coin collectors, I see that if one spends >$1,000CAD in one year, shipping is free for the next 12 months.

Thanks for posting, nice to see someone making an effort at constructive alternatives!

AlohaDaveKennedy Oct 7, 2011 6:31 am
So far the site reverts to only 1 for purchase at $32.99. Like the product, but not so good a deal at that rate.

Originally Posted by 84fiero (Post 17234609)
For U.S. shipping is flat $12.99 for 1-3 coins. Their Mint does have some neat coins from a collecting perspective - I'd never thought to check up North. For US & Canadian coin collectors, I see that if one spends >$1,000CAD in one year, shipping is free for the next 12 months.

Thanks for posting, nice to see someone making an effort at constructive alternatives!

nabeelj Oct 7, 2011 9:24 am
Free Canadian shipping coupons available on RFD.

beltway Oct 7, 2011 11:54 am
Originally Posted by mase (Post 17234192)
limit 3 and $3 shipping. probably can't do anything large-scale.
Originally Posted by st.exupery (Post 17234602)
As silver, it's only 7.96 grams = .28 oz. But it is $20 Canadian.
.28 oz ~= US$8 intrinsic value. Which means that the only way to profit from this is volume.

vortix Oct 7, 2011 12:04 pm
People are attempting to hawk these on eBay for 2x the cost:
http://www.ebay.com/sch/i.html?_nkw=...anoe+coin+2011

beltway Oct 7, 2011 12:11 pm
Originally Posted by vortix (Post 17236546)
People are attempting to hawk these on eBay for 2x the cost:
http://www.ebay.com/sch/i.html?_nkw=...anoe+coin+2011
See http://en.wikipedia.org/wiki/Greater_fool_theory

Yobz Oct 7, 2011 10:04 pm
Stupid question. Since this is coming from the Canadian mint, is this actually worth 20CAD? Can I go to a bank and get 20CAD for it?

SirJman Oct 7, 2011 10:12 pm
Originally Posted by Yobz (Post 17238902)
Stupid question. Since this is coming from the Canadian mint, is this actually worth 20CAD? Can I go to a bank and get 20CAD for it?
Yes.

AirForceFlyer Oct 8, 2011 5:39 am
Awesome! I like the design too! Might habe to snag 3 for myself!

yulmichael Oct 8, 2011 9:39 am
Originally Posted by nabeelj (Post 17235706)
Free Canadian shipping coupons available on RFD.
What is RFD and where can I find the link to it?
Thanks
Michael

TheCollector Oct 8, 2011 11:26 pm
Originally Posted by yulmichael (Post 17240459)
What is RFD and where can I find the link to it?
Thanks
Michael
RFD = redflagdeals.com
coupon code is: Mint1

JapanFlyerT Oct 9, 2011 8:43 pm
Originally Posted by Yobz (Post 17238902)
Stupid question. Since this is coming from the Canadian mint, is this actually worth 20CAD? Can I go to a bank and get 20CAD for it?
In Canada yes, and probably along the border. But most US banks won't touch foreign coins.


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