2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

A *LARGE* percentage of stamp collectors also collect various numismatic areas. This is YOUR little corner of the board to ask questions, seek advice, check values, and chat. Please join in!

Moderator: Volunteer Moderator Team

Post Reply
User avatar
AMark
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 14798
Joined: 01 Jul 2010 05:39
Location: Canada

2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by AMark »

Image

2018 $20 Pure Silver Coin - Canada's Historical Stamps: Parliament Building 1927 Confederation

Image

Canada's first stamp-shaped coin will be available on August 13th, 2018.

Composition: 99.99% Pure Silver
Mintage: 5,000
Weight: 31.86 g
Diameter: 51 mm x 30 mm
Finish: Proof with colour
Price: $139.95 CAD
User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 69558
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: 2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by Global Administrator »

What a cool looking item. :)

Is this the first in a series, or have there been others already?

Out of interest .. how come it is tax exempt?

https://www.canadapost.ca/shop/collect-coins/history/p-24527 ... ution=e1s1
Image
Canada’s first stamp-shaped coin, complete with a perforated edge.

Canada’s postal past is lined with philatelic gems that are a pictorial journey through time! The Royal Canadian Mint’s Canada’s Historical Stamps series is a numismatic tribute to early 20th century stamp designs, with colourful reproductions engraved within the “perforated” edges that transform this rectangular coin into a stamp-shaped one.

The double dates “1867” and “1927” and the word “CONFEDERATION” reflect the 60th anniversary of Confederation.

THE CLASSIC LOOK OF A BYGONE ERA: This first coin in a limited series travels back in time to 1927 to reproduce a stamp issued for Canada’s Diamond Jubilee.

FAITHFUL REPRODUCTION: The engraved reproduction of the 1927 stamp is just as detailed as the original — complete with horizontal lines that were the product of intaglio printing, or line engraving, one of the oldest methods of stamp production.

VINTAGE COLOURS: The addition of colour over engraving completes this reproduction of the original brown carmine-coloured stamp.

FOREVER PRESERVED in 99.99% pure silver, this collectible is the perfect gift for philatelists and numismatists alike!

99.99% PURE SILVER COIN! Your coin is GST/HST exempt!

Composition: 99.99% Pure Silver
Mintage: 5,000
Weight: 31.86 g
Diameter: 51 mm x 30 mm
Finish: Proof with colour
Packaging: Maroon clamshell with black beauty box
RCM item number: 168022

NOTIFICATION

Currently for pre-order only. Your item will ship once it becomes available on Monday August 13th, 2018.

Product # 245272
$139.95

Image
.
Click HERE to see superb RARE & unusual stamps - FIXED low nett prices, high rez pix + NO 20% buyer fees!
User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 69558
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: 2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by Global Administrator »

To answer my own question it is the first in a set of 3 such $20 coin/stamps.
Image
Image
20c Quebec issued October, and the Special Delivery in December. 5000 sets, all numbered.

https://www.mint.ca/store/coins/canadas-historical-stamps--- ... rod3230605
.
Click HERE to see superb RARE & unusual stamps - FIXED low nett prices, high rez pix + NO 20% buyer fees!
User avatar
AMark
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 14798
Joined: 01 Jul 2010 05:39
Location: Canada

Re: 2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by AMark »

Global Administrator wrote:Out of interest .. how come it is tax exempt?
Glen,

From the Canadian Mint site:
Coins that have minimum purity of 99.5% for gold, 99.5% for platinum and 99.9% for silver and issued as legal tender are exempt from Harmonized Sales Tax (HST).

https://www.mint.ca/store/mint/customer-service/terms-of-sale-11300012#.W2yWmn4Vg_U
User avatar
Global Administrator
The Sheriff
The Sheriff
Posts: 69558
Joined: 18 Apr 2007 22:57
Location: Tombstone
Contact:

Re: 2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by Global Administrator »

What a strange loophole!

So I can buy an ounce of pure gold Maple Leaf coin there and pay no tax?
.
Click HERE to see superb RARE & unusual stamps - FIXED low nett prices, high rez pix + NO 20% buyer fees!
User avatar
aethelwulf
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 15834
Joined: 13 Jun 2009 01:17
Location: Fragrant Harbour, Hong Kong

Re: 2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by aethelwulf »

They look attractive but I'm having a hard time thinking of it as a coin. It doesn't have the shape or the look.

It's verging too far into the territory of being just an expensive bauble. OK, all commemorative coins of this ilk (the quarters with various printed and sometimes coloured designs I exclude) are basically just decorative things, nobody is going to actually spend them for their face values if they know the original retail cost.

PNCs were a first effort at bridging numismatics and philately, now it seems things have gone a step further. A lot of the buyers of these will obviously be collectors of stamps and not coins, buying them for the tie-in aspect.
Collecting Mongolia; Thailand; Indo-China; Mourning Covers; OHMS.
User avatar
kuikka
WINNER! Stampboards Poster Of The Month
WINNER! Stampboards Poster Of The Month
Posts: 20057
Joined: 18 Oct 2014 03:17
Location: Tampere, Finland

Re: 2018 $20 Silver Coin - Canada’s First Stamp-shaped Coin

Post by kuikka »

Global Administrator wrote:What a strange loophole!

So I can buy an ounce of pure gold Maple Leaf coin there and pay no tax?
I believe that is the case in most of the world. If it is formally money, you do not need to pay tax for it. However, if you pay for it more than its face value, the excess may be taxable.
Post Reply

Return to “Coins, Banknotes, tokens, medals and all things NUMISMATIC!”

Who is online

Users browsing this forum: No registered users and 2 guests