• WiseThat@lemmy.ca
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    2 months ago

    I don’t understand the point of making a coin that has ~$3500 worth of gold in it, and then giving it an official face value of $50.

    • anachronist@midwest.social
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      2 months ago

      Goldbugs have a lot of nostalgia for the Gilded Age, so they put the face value it where it would have been in 1896.

  • nyan@lemmy.cafe
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    2 months ago

    I would have been more amused if they had “mined” the gold from old tailings piles (the ones around Kirkland Lake used to have enough gold still in them to make that feasible, although I don’t know whether that’s the case anymore), or at least some mine with an associated settlement, rather than one located way out in the wilderness.

    • tempest@lemmy.ca
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      2 months ago

      So one thing to understand is that the mint makes more than just Canadian currency. Usually things like this are sorta like advertising their abilities to any perspective customers. Of course they sell to the collectors market as well

    • ProgrammingSocks
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      2 months ago

      Same reason all other special coin mints happen. Personally I mostly don’t care, but I’m glad they’re using local gold instead of slave gold from abroad.

    • hddsx@lemmy.ca
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      2 months ago

      Dunno but I like collecting odd things. Like state quarters are cool but like misprints are super cool. I’m not going to pay stupid amounts of money for it though