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What Were They Thinking???
Onastone
Posts: 4,137 ✭✭✭✭✭
I just saw this coin from the Canadian Mint. I wonder if the maze ball is made of gold?
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Does the ball move?? If so, why would it not get lost from the exit - pretty simple maze...and the ball is made of brass..... Cheers, RickO
Looks like the type of gimmick coin that would be issued by a third world country to produce some easy money for that nations treasury. Pass.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Probably encased in a coin capsule.
@ Also a pass here. I just couldn't believe a coin like this has been made!
I think that's a very neat artsy coin.....is it a pug?
nice but no thanks. jmo
This coin is referred to as an NCLT coin---Non Circulating Legal Tender.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I call it MNNN. More Nonsense from our Northern Neighbor.
There is a reason why the Royal Canadian Mint is losing money these days....between all the milk spots on their bullion and this gimmicky stuff I'm not surprised.
Cannot wait to see what these look like after being played with. Shucks, they probably come in a plastic capsule.
Looks more like a less than imaginative logo for a Canadian hockey team.
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I don't trust the RCM when it comes to terms like this. Remember those Olympic sets with the big 5.00 and 10.00 coins ? IIRC, at around 7 or 8 dollar silver, they melt at face. So they looked like a good bet to limit your silver downside. Some guy in Toronto loaded up for years, figuring he was protected. When silver dipped, he decided he was done playing and marched tens of thousands of dollars of these into some bank (there used to be one on EVERY corner in Canada). The bank wouldn't accept them. He ended up fighting in court for years until they finally settled, saying you could deposit 10 or 20 dollars face each year. Anyway, it was something like that. There's no way I would trust them on legal tender declarations.
Dear RCM, please consider the KISS (keep it simple stupid) method when developing your offerings...you provide little incentive for your neighbors south of you to raise the bar.
Which means, I'll be looking forward to a steady stream of reverse proof, snakeskin, empty themed recollections of an, "I don't care" celebration of something I should consider; but, not waste my money on.....who wants that unless silver spikes to $50????
Raise the bar! Top down man!
Wonder what Andy Warhol would think... Could be famous for 10-12 minutes... Not sure we get to 15.
Experience the World through Numismatics...it's more than you can imagine.
Most of us 'serious' collectors here in Canada think what the RCM has done in the last ten or twenty years is a complete joke and has done serious harm to this hobby.
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)