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Canada Issues Silver/Niobium Coin
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halork
Jun 10, 2011, 2:18:54 PM6/10/11
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So Canada has begun selling the first in a series of bimetallic silver
and niobium coins, joining several European countries that have
already done so. I like the coloring of the niobium core; I think it
makes for a striking coin. Unfortunately, Canada's coins are
considerably smaller than their European counterparts-- 28mm in
diameter compared to 34mm. They are also inexplicably much more
expensive-- over US$120 each, whereas the Austrian coins cost less
than US$75 and contain nearly double the silver. I wonder if these
coins will still be snatched up at this price due to a relatively low
mintage (7500 each), or if the high price will keep collectors away.
Thoughts?
and niobium coins, joining several European countries that have
already done so. I like the coloring of the niobium core; I think it
makes for a striking coin. Unfortunately, Canada's coins are
considerably smaller than their European counterparts-- 28mm in
diameter compared to 34mm. They are also inexplicably much more
expensive-- over US$120 each, whereas the Austrian coins cost less
than US$75 and contain nearly double the silver. I wonder if these
coins will still be snatched up at this price due to a relatively low
mintage (7500 each), or if the high price will keep collectors away.
Thoughts?
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