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lostwords

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Posts posted by lostwords

  7. My new purchase of Modern Numis

    in My New Purchases

    Posted

    Just got the RCM Royal baby set. A lot of people complain that the coins does not have the prince's name or date of birth. As such, the mint put a sticker on the box to signify this is for prince George. I personally like this baby set for what they are, baby set. It is unique and I think it is better without the prince's name as you can give it as a gift to others collector that expecting a baby this year.

     

    RoyalBaby01_zps15897d40.jpg
    RoyalBaby02_zps12ef9b5e.jpg
    RoyalBaby03_zps86045104.jpg
    RoyalBaby04_zpsc84c2fb9.jpg
    RoyalBaby05_zps6ddaaea7.jpg

  9. My new purchase of Modern Numis

    in My New Purchases

    Posted

    Very nice coins. I especially like the maple leaf and tree coin.

     

    Me too but I find the fall coin is a lot less spectacular as the Spring coin (you can see it in my 1st or 2nd post in this thread). There are lots of expectation for the fall coin but with only 2 leafs, it is a bit disappointing

  18. $100 FV NCLT coin

    in Canadian Coin Forums

    Posted

    Which issues are you referring to? :huh:

     

    this is an old article written about $20 for $20.. interesting read

    http://www.thestar.com/business/2012/07/05/coin_collector_learns_the_difference_between_legal_tender_and_spending_money_the_hard_way.html

     

    but keep in mind, this is an old article and the mint had work hard to fix this.

     

    This is how I looked at this... if you go to a corner store with $100 bill, it is legal tender, does the store have to take that $100 bill??? They still have the right to say, no sorry, we don't take $100 bill. Actually, if you live in Canada, good luck getting the new bills (plastic bills) to work with vending machine.

     

    So, these $20 for $20 or $100 for $100 coins are the same. It is legal tender, it doesn't mean the bank or stores will have to take it

  20. $100 FV NCLT coin

    in Canadian Coin Forums

    Posted

    I like the design. How much silver does it contain?

     

     

    You are right. Most of the 1oz Numismatic silver coins typically have a FV of $20 but they are not guarantee value. It is just a number on the coin. Where as this new $100 for $100 is gaurantee that it will be worth $100.

     

    There are stories in which some banks won't accept it. It was true when the $20 for $20 cames out, there were issues in which banks were not willing to accept them as deposit. Because of the stories written about that, more banks are willing to accept these. If they don't, you can contact the mint and they will contact the bank and let them know of the procedures.

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