several new products to commemorate the end of the Canadian Penny.

Discussion in 'Bullion Investing' started by enochian, Oct 6, 2012.

  1. enochian

    enochian silver eater

    half ounce fine silver penny with a limited mintage of 30,000 coins, a five ounce fine silver coin with a mintage limit of only 1,500 coins, and a 1/25 ounce gold coin with a mintage limit of 12,000

    almost 500 for the 5 oz coin thats a huge premium the mintage is low but is it 500 bucks low? I would not pay that if i had money like that to spend id buy more silver then just one 5 oz coin. could possiable get 2 5 oz atb's for that much


    would like to have one of these 7 grams pure silver with a fave value of $20 only costs $20 but its sold out

    http://www.mint.ca/store/coin/20-fi...ll-to-the-penny-2012-prod1510001#.UG_Zva5lkiQ

    theres also a proof set with there first silver penny plus there not making any more pennys mite be cool to have


    half ounce
    http://www.mint.ca/store/coin/12-oz-fine-silver-1-cent-coin-farewell-to-the-penny-2012-prod1550014


    5 oz

    http://www.mint.ca/store/coin/5-oz-...ny-mintage-1500-2012-prod1550015#.UG_XYK5lkiQ would look better with the copper colored leaf

    1/25 ounce gold

    http://www.mint.ca/store/coin/125-o...ll-to-the-penny-2012-prod1550017#.UG_XqK5lkiQ
     
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  3. enochian

    enochian silver eater

    any body getting any
     
  4. ikandiggit

    ikandiggit Currency Error Collector

    I hope you mean the coins..

    If you do mean the coins, no.
     
  5. treehugger

    treehugger Well-Known Member

    The problem with the hobby today is there are so many limited mintage issues of so many coins worldwide that the whole significance of mintage in terms of modern coins is being gradually rendered meaningless.

    My approach is to buy a coin only if I like it for 1 reason or another. I will pay a hefty premium on a coin only if it has a special significance to me or if I like the design or quality. Using this criterion, I don't really think about whether I will get my money back or if I will make a profit.

    Yes, some of the penny coins are nice.

    I did get the $20 for $20 penny coin on ebay, but only because I had already obtained the maple leaf, canoe and polar bear. As far as the rest of that series goes to date, I have no interest in Queenie or the Christmas reindeer.
     
  6. enochian

    enochian silver eater

    how would i search ebay for the 20 penny like what search words and how much is the silver worth
     
  7. treehugger

    treehugger Well-Known Member

    Just use these words to search: Farewell to penny $20

    The silver content is 1/4 ounce, so the value is around $9.00. The coin will cost you about $30.00 shipped. As I mentioned above, if you are primarily interested in it for its value, the coin is probably not a good deal. However, if you want it because of the design, a special significance to you, etc., it makes more sense to pay that sort of a premium.
     
  8. enochian

    enochian silver eater

    I like they way it looks olus i like anything that contains some aamount of silver so i may get it
     
  9. InfleXion

    InfleXion Wealth Preserver

    I like the Canadian 20 for 20 series (except the double sided Queen), and the Farewell to the Penny coin is probably my 2nd favorite in the series after the canoe coin. I had to get it from eBay, but the Reindeer 20 for 20 coin is still available at mint.ca.

    I also bought a few pounds of Canadian copper pennies when I heard they were being decommissioned. I don't feel the need to collect the overpriced silver coins relating to them. I'd rather have bullion unless I really like the design.
     
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