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Re: mint $20 cash for $20 silver coin exchange

I bought 3 of these. One will be a gift.

This is NOT a bullion coin. I hope nobody thinks it is. If you want bullion then buy bullion.

This coin is cash. It's the same as getting a $20 banknote out of the ABM. Sure they could demonetize this coin but they could also withdraw those $20 banknotes.

The French did something like this recently where the Monnaie de Paris issued some silver and gold coins and sold them for their actual face value. Of course the face value was higher then the precious metal content.

I'd like to hear the stories if any of you guys try to spend any of these. I spent some 50c coins in Toronto some time back. The convenience store clerk wasn't phased at all by the 50c coin. The hot dog guy at Yonge & Eglinton snorted at me and acted as though I stole the hot dog from him by giving him the 50c coin.

mlmummert, 2/9/2011
CCRS member since: 3/13/2010
Posts: 30


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Postings in this thread

mint $20 cash for $20 silver coin exchange (cdorsay, 2/5/2011)
 Re: mint $20 cash for $20 silver coin exchange (MPD, 2/5/2011)
  Re: mint $20 cash for $20 silver coin exchange (Dollar, 2/5/2011)
   Re: mint $20 cash for $20 silver coin exchange (Dollar, 2/5/2011)
   Re: mint $20 cash for $20 silver coin exchange (adan44, 2/5/2011)
  Re: mint $20 cash for $20 silver coin exchange (2centsworth, 2/5/2011)
 [this post has been deleted by its author] (2/5/2011)
  Re: mint $20 cash for $20 silver coin exchange (MPD, 2/5/2011)
   [this post has been deleted by its author] (2/5/2011)
    Re: mint $20 cash for $20 silver coin exchange (Ron Thompson, 2/5/2011)
   Re: mint $20 cash for $20 silver coin exchange (headtailgrep, 2/5/2011)
    Re: mint $20 cash for $20 silver coin exchange (headtailgrep, 2/5/2011)
   [this post has been deleted by its author] (2/5/2011)
    [this post has been deleted by its author] (2/5/2011)
 [this post has been deleted by its author] (2/5/2011)
  Re: mint $20 cash for $20 silver coin exchange (Dave in the Grove, 2/5/2011)
  Re: mint $20 cash for $20 silver coin exchange (headtailgrep, 2/5/2011)
   Re: mint $20 cash for $20 silver coin exchange (biggrassboy, 2/5/2011)
    Re: mint $20 cash for $20 silver coin exchange (Dave in the Grove, 2/5/2011)
     [this post has been deleted by its author] (2/5/2011)
  Re: mint $20 cash for $20 silver coin exchange (Brian R. Smith, 2/5/2011)
   Re: mint $20 cash for $20 silver coin exchange (Dave in the Grove, 2/5/2011)
    Re: mint $20 cash for $20 silver coin exchange (headtailgrep, 2/28/2011)
 Already on ebay. (Terry T, 2/5/2011)
  Re: Already on ebay. (carpman, 2/5/2011)
   Re: Already on ebay. (rackasa, 2/5/2011)
    Re: Already on ebay. (anthony bennett, 2/5/2011)
   [this post has been deleted by its author] (2/5/2011)
 Re: mint $20 cash for $20 silver coin exchange (cdorsay, 2/6/2011)
  Re: mint $20 cash for $20 silver coin exchange (biggrassboy, 2/6/2011)
   Re: mint $20 cash for $20 silver coin exchange (JFK, 2/6/2011)
    Re: mint $20 cash for $20 silver coin exchange (MPD, 2/6/2011)
     [this post has been deleted by its author] (2/6/2011)
      Re: mint $20 cash for $20 silver coin exchange (JackieHooper, 2/6/2011)
      Re: mint $20 cash for $20 silver coin exchange (biggrassboy, 2/6/2011)
      Re: mint $20 cash for $20 silver coin exchange (Dick, 2/7/2011)
 Re: mint $20 cash for $20 silver coin exchange (mlmummert, 2/9/2011)
  Re: mint $20 cash for $20 silver coin exchange (Dave in the Grove, 2/9/2011)
   [this post has been deleted by its author] (2/9/2011)
    Re: mint $20 cash for $20 silver coin exchange (rackasa, 2/10/2011)

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