Not something I would normally do... but I felt there was no way to lose

[bartholomewroberts]

The Royal Canadian Mint has these $20.00 coins for sale... Under normal circumstances, I would not buy these. But for your paper [or credit card] twenty dollars, you get a quarter ounce silver coin worth $20.00 Canadian... Now it is only a quarter ounce of silver for pretty much double the price....

But, since there are NO fees or taxes and free delivery, I felt it would be hard to argue with it... heck.. you can always get your twenty dollars back by spending it. Pretty much a no lose scenario

http://www.mint.ca/store/coin/20-pure-silver-commemorative-coin-polar-bear-2012-prod1230021

 

[mts]

Interesting. Normally the mints put denominations on their coins that are less than the actual silver/gold value. In this case, they went the other way. This is a major money making opportunity for them. If my calculations are correct, silver will have to reach just over $78/ozt in order for the bullion value of this coin to reach $20. I'm not saying it won't happen. But it is clear they gave themselves plenty of wiggle room on these coins.

Beautiful coin. As you said, if all else fails it will always be worth $20CAD and you paid no premium at all. And even if the value of the Canadian dollar plummets you will still have the silver value. It's a win-win.

 

[Marchas45]

Heck that's very tempting and low mintage.

 

[bartholomewroberts]

Heck that's very tempting and low mintage.

I ordered three... To me, just too good of a deal to pass up