Wednesday, December 10, 2014

Canadian Bison Bullion coin

I don't even remember entering this contest ( ) but I was picked as the winner. By the way, forums are well worth visiting anyway, but they do run frequent contests, so that's another good reason to visit.  

At first I thought the coin was a piece of private bullion, but no, it's from the Royal Canadian Mint. It's distributed in the U.S. by J.M. Bullion and you can read all about it here:

It's an interesting coin. First, the weight: 1.25 ounces.  It's the same diameter as a Silver Maple Leaf, but gets its extra weight from being 25% thicker at 4.1125 mm.   There are "anti-counterfeit radial lines" running through the obverse and reverse fields, also.

The reverse is very attractive:

The obverse, not so much:

These are 38 mm coins,  but thicker than silver dollars and bullion coins:

I'm not sure why they decided to go with the 1.25 ounce weight. The nominal $8 value is odd also as they make 1 ounce bullion with a $20 face value.

Note:  All my coins are in a safe deposit box.  I keep nothing in my home. 

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