Canada: 2013 Hockey $20 Silver Coin

The Royal Canadian Mint has started accepting pre-orders for the latest coin within their popular “$20 for $20” program, which offers 99.99% pure silver coins priced at the legal tender face value of $20. The newest coin in the series features a hockey player.

The reverse design by Greg Banning features scene of a hockey player who appears to have just taken a shot. The design is intended to capture the intensity, power, and excitement of Canada’s national pastime. Inscriptions include “20 Dollars”, “2013”, “Canada”, and “Argent Pur Fine Silver 9999”.

The obverse features the portrait of Queen Elizabeth II by Susanna Blunt.

Each coin is struck in 99.99% pure silver with a specimen quality finish. The weight of the coin is 7.96 grams (0.256 troy ounces) and the diameter of 27 mm. At the current market price of silver, each coin has an intrinsic value of $8.19.

The maximum mintage for the coin 2013 Hockey $20 Silver Coin is 250,000 pieces, with an ordering limit of 3 per household.

At this time, Master’s Club members may place pre-orders for the coins. Public ordering should open soon.

All six previous releases within the “$20 for $20” program have sold out.


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Comments

  1. Hidalgo says

    Love the design on this coin! It is much better than the holiday reindeer coin. And it is comparable in artistic quality of the other $20 for $20 coins.

  2. says

    Do you think the US Mint will ever face a face value exceeding intrinsic value?
    They could make huge seigniorage profits by doing this.

  3. Hidalgo says

    I love these coins, but shipping costs from the Royal Canadian Mint are so high! Are there any sites where we can buy them with lower shipping costs?

  4. Sam says

    The Royal Mint has a nice preferred buyer program. If you purchase in excess of $1,000 in non-bullion products in a year, the products ship for free.

    I wonder if the US Mint will ever have a reward program like this …

  5. J Terium says

    Only problem with these coins is that the Canadian National Bank ( or any other bank ) will not recognize the face value of this coin !
    Know of several people that tried to hand them in …all banks refused to accept these coins !
    So …not legal tender !!

  6. ibex says

    FWIW…

    from: http://www.mint.ca/store/mint/custom…+Ser vice#Q1a

    Can I redeem a collector coin at a bank or use it as currency to purchase goods or services?

    All coins manufactured by the Mint are legal tender. However, unlike Canadian circulation coins, collector coins are non-circulating legal tender (NCLT). As such, these coins are not intended for daily commercial transactions and accepting them as payment or for redemption is at the discretion of businesses and financial institutions.

    The Mint has a process in place to reimburse financial institutions the face value of redeemed NCLT coins, once they have accepted them from a customer and returned them to the Mint. In the event a bank branch is unaware of this procedure, customers are advised to contact the Mint with the coordinates of the bank branch, which will take steps to inform the branch of the redemption process.As collector coins can only be redeemed at face value by businesses and financial institutions willing to accept them, it is recommended that individuals wishing to sell a collector coin first consult with a coin dealer, who is more likely to offer a price above face value.

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