The wraps are off on the seventh coin in the Royal Canadian Mint’s popular $20-for-$20 program, a series of silver coins being sold for face value. The newest coin in the series, the second of this year, depicts a wolf running toward the viewer. The coins are struck on .9999 silver blanks with a weight of 7.96 grams, or a quarter troy ounce. The reverse has the inscriptions “20 DOLLARS,” “2013,” “CANADA” and “FINE SILVER ARGENT PUR 9999.” The obverse has the Susanna Blunt effigy of Queen Elizabeth II. Continue reading →
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The transformation of transactions
The truth is, if I had to pick the single most important change in the hobby, it would be the enthusiastic adoption of third-party certification. When I first came to CCN, certified coins were put in slabs, which had a negative connotation. Collectors smirked that coins would get resubmitted until they reached the highest plausible grade. Most numismatists believed that they could grade their own coins, and frowned on the “absurd” claims of graders that a certified coin would be easier to sell. But that is exactly what happened. Collectors, who at first thought that the best grading could do was confirm their opinion, came to respect third-party graders.
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