The following Q&A is excerpted from Clifford Mishler’s Coins: Questions & Answers: Q: Is collecting any type of coin a good investment? A: No! The hobby collector—be it of coins, back-scratchers, or Bavarian beer mugs—is occasionally persuaded to purchase by impulse or sentiment. Indulging frequent lapses into irrationality is part of the fun of maintaining a hobby. But the strictly … [Read More...]
The Royal Canadian Mint has started accepting orders for the latest release within their “$20 for $20” silver coin program, which offers a 99.99% pure silver coin for its legal tender face value of $20.
The reverse design for the new coin features a fanciful interpretation of a snowman. He is pictured within a snowdrift wearing a winter scarf and hat completed with a carrot nose and broad smiling mouth. His spindly arms made of sticks help him to take part in the great winter tradition of the snowball fight. The design is by Jesse Koreck. Inscriptions read “Canada 2014”, “Fine Silver Argent Pur 9999”, and the denomination of “20 Dollars”.
On the obverse of each coin is the effigy of Queen Elizabeth II designed by Susanna Blunt. Inscriptions include “Elizabeth II” and “D G Regina”.
Each coin is struck in 99.99% pure silver and carries a specimen quality finish. The weight is 7.96 grams and the diameter is 27 mm with a serrated edge. A maximum mintage of 200,000 coins has been established with an ordering limit of three coins per household. The coins are priced at their legal tender face value of $20 each with free ground shipping.
For additional information or to place an order, please visit the Royal Canadian Mint product page.
The Royal Canadian Mint has been issuing coins within the “$20 for $20” silver coin program since 2011. The success of the program led to the subsequent launch of “$100 for $100” and “$50 for $50” silver coins following the same concept of a 99.99% pure silver coin available for its legal tender face value.