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  #11  
Old 24-05-2013, 10:20 AM
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Quote:
Originally Posted by AgisMoney View Post
What is the worth of face value on the coin if it is not widely acceptable and use for transactions in our daily lives?

Looking at it the other way, by putting a face value of 100, the mint is now getting more fiat from you per oz basis. And if face value means nothing and we are banking on silver value to appreciate, would it be better to pay the same amount for almost 4 oz of wildlife series bison?
You point is valid, but if one is not throwing the whole kitchen sink to buy up all the available coins, I think quite a good item to keep. Of course, also look at what premium above that $100 face value it's sold at. If Singapore Mint do something similar, what will be our response? Will we beg the mint to sell more than 1 coin per household?
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  #12  
Old 24-05-2013, 10:22 AM
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Ok! Thanks for sharing this! I was just thinking about liquidating at retail outlets.. forgot about the Banks....

But come to think of it, from a Singaporean's perspective, it is quite impractical considering it has to be done at a Canadian Bank. Is there a branch in Singapore?????

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Originally Posted by bargains.singapore View Post
You can, with a few bells and whistles...

Canadian Banks can convert the coin to cash, but only after keeping it on hold for six months (provided they know of the process)

It can be used to tender in settlement of a debt which as per Canadian currency laws if refused discharges the debtor of payment.
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  #13  
Old 24-05-2013, 10:30 AM
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Agree, from a singaporeans perspective it can be quite a hassle unless Royal Bank of Canada opens up a retail branch here

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Originally Posted by AgisMoney View Post
Ok! Thanks for sharing this! I was just thinking about liquidating at retail outlets.. forgot about the Banks....

But come to think of it, from a Singaporean's perspective, it is quite impractical considering it has to be done at a Canadian Bank. Is there a branch in Singapore?????

Last edited by bargains.singapore; 24-05-2013 at 10:58 AM.
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  #14  
Old 24-05-2013, 10:37 AM
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AgisMoney AgisMoney is offline
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Quote:
Originally Posted by pika View Post
You point is valid, but if one is not throwing the whole kitchen sink to buy up all the available coins, I think quite a good item to keep. Of course, also look at what premium above that $100 face value it's sold at. If Singapore Mint do something similar, what will be our response? Will we beg the mint to sell more than 1 coin per household?
That kitchen sink must be made of gold.. haha....

Anyway I am not saying the coin is not nice. Let's see how much it would be selling at GCA...
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  #15  
Old 24-05-2013, 08:38 PM
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my intention was just to point out the

3 bisons vs 3 pandas on the conis
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  #16  
Old 24-05-2013, 08:41 PM
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daniel.yrh daniel.yrh is offline
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The pandas are so much cuter...
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  #17  
Old 24-05-2013, 10:04 PM
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Look no further.. Brother Nkx111 is taking pre-order. For those interested, do visit his sales thread.

Quote:
Originally Posted by AgisMoney View Post
That kitchen sink must be made of gold.. haha....

Anyway I am not saying the coin is not nice. Let's see how much it would be selling at GCA...
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  #18  
Old 25-05-2013, 09:00 AM
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Looks interesting...
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Buying all type of bullion coins and bars. If you have any for sale, feel free to contact me....
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  #19  
Old 25-05-2013, 03:25 PM
mage11342 mage11342 is offline
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Hmm. Looks good to me.
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  #20  
Old 29-05-2013, 09:36 PM
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yeah, forgotten abt the elephants also "3"

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