bullion Coins

Discussion in 'Bullion Investing' started by bromac4, Mar 27, 2004.

  1. bromac4

    bromac4 Senior Member

    N.D. said I could start a thread if I wanted to. You'll se the point of this at the end.

    The Royal canadian Mint produces bullion coins in both gold and silver.The design is basically the same for both, a portrait of Queen Elizabeth ll on one side and a maple leaf on the other.The gold coins come in 1/20,1/10,1/4,1/2 and 1 oz. with face values of $1.00,$5.00,$10,$20 and $50. Until this year the silver was only made in 1 oz. with a value of $5.00. Starting in 2004 and perhaps to continue the mint has made silver coins in the same 1/20 to 1 oz.with values of $1.00,$2.00,$3.00,$4.00 and $5.00. So far the smaller coins are only available in sets.

    The point of this long discourse is: I recently purchased a silver eagle which I take to be the U.S. equivalent of the 1 oz maple leaf the only difference being a face value of $1.00 instead of $5.00.I am a bit ashamed as a Canadian to say the eagle is esthetically, in my opinion, a far more attractive coin. You guys are great. Thanks for allowing me to share my opinion.

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  3. National dealer

    National dealer New Member

    See how much fun this is?

    Well the US silver eagle borrowed the obverse design of the Walking Liberty Half Dollar. Yes it is quite beautiful. One of the better US designs in my opinion. Along with this, the Gold bullion coins, borrowed their obverse designs from the St. Gaudens $20 coin. THE most beautiful in my opinion.

    I think this has lead a lot of collectors to purchase these coins. They are actively traded as collector coins instead of bullion.
    I have seen the Canadian coins, and I find them to be very pleasing to the eye.
    We just recently purchased the proof Platinum set from the Canadian Mint. These coins are absolutely beautiful.
    Canada has been a good leader in their numismatic efforts. Our state quarter program has its early links to their Canadian counterparts.
  4. bromac4

    bromac4 Senior Member

    There are Canadian coins that are quite attractive, the voyageur dollars and the dimes with the schooner Bluenose to name a couple. The mint also released a set of silvers 1/20 to 1 oz. with a great hologram design, but I still say the eagle has it all over the maple leaf
  5. National dealer

    National dealer New Member

    I have seen a few hologram coins. I hope the US mint will take those into consideration.
    The US has gotten stagnant over the past few decades. They seem to have forgotten that change equals collectors.
    The new designs have brought millions into the hobby. Maybe they have finally figured this out.
    They are also creating the wildlife series, technically a token or medallion. These are quite nice in their own right.
    Now as I stated in the other thread, I am not familiar with most coins minted outside of the US, so when describing them, it would be of help to me if you could post a pic.
    Then I would have a clue about these coins.
  6. bromac4

    bromac4 Senior Member

    As computer illiterate as I am posting pictures may not be possible.I will get some help from some of my younger freinds and try and show you something over the next few days.
  7. National dealer

    National dealer New Member

    Well they have made it pretty easy here. Just click on the go advanced below the reply box, then click on the manage attachments, bring up any photo you have stored on your computer, add file and click done.

    I appreciate you posting Canadian coins. This will give me the opportunity to learn.

    That is something that I always look forward to :)
  8. bromac4

    bromac4 Senior Member

    I tried for a couple of hours tonight to post a picture of a silver hologram coin but it keeps saying my file is too big. I will get some expert help and post some pictures hopefully in the next few days.
  9. jody526

    jody526 New Member

  10. cmbdii

    cmbdii New Member

    Good post, Bill. I think the eagle is a beauty, too. The reason for the one dollar denomination is mainly for propaganda value. Their insinuation that the one ounce silver round is worth a dollar is a subtle attempt to boost public confidence in the flagging value of the paper dollar which has been steadily declining for nearly a century.

    I like the fact that the canadian mint is issuing the fractional sizes. they'll surely appeal to folks who like the idea of having nice, tradable units of silver just as they've been able to buy in the gold coins. That fractional avalability is probably going to boost sales of the silver Maples here.

    I'm a little ashamed of our mint using the face values assigned to the US bullion coins as a propaganda tool. There can be no other expalnation, since the standards for dollar values in coinage was set long ago by Congress and haven't ever been abolished.

    I for one really admire some of the Canadian circulation designs in the 80% silver coins. The '58 BC dollar is a beauty, even though they used the wrong totem pole and made it an unsuccessful issue up there, it's still a beautiful coin. So are the '67 silvers. The Canadian circulation silver issues have outshone ours many times.
  11. Andy

    Andy Coin Collector

    I always liked the moose.
  12. bromac4

    bromac4 Senior Member

    I suppose it's a small point but if you are referring to the quarter the animal is actually a caribou.
  13. Andy

    Andy Coin Collector

    Everyday is a learning experience. Well I still like it and I also liked your Moosehead (caribouhead?) beer up there 20 or so years ago. Thanks.
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