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[CIBC] Upper Deck Precious Metals B1G1

  • Last Updated:
  • Nov 24th, 2017 11:37 pm
[OP]
Newbie
Apr 16, 2015
62 posts
262 upvotes
Vancouver, BC

[CIBC] Upper Deck Precious Metals B1G1

Current promotion on upper deck collector coins at CIBC

Buy 1 get 1 free

Each coin is ~$100+
2 replies
Sr. Member
Dec 25, 2013
623 posts
232 upvotes
Toronto
There is no equity here right? that is this is for collectors only right? It says in the promo that the coins aren't redeemable for cash.. but isn't the silver worth something? someone wana educate me?
Member
Aug 4, 2006
385 posts
120 upvotes
GTA - Gwill
Ychanceit wrote:
Nov 24th, 2017 8:57 pm
There is no equity here right? that is this is for collectors only right? It says in the promo that the coins aren't redeemable for cash.. but isn't the silver worth something? someone wana educate me?
You are correct about the worth of the base metal ... but they are sell the coin high over the value of the metal. So unless you are a collector or someone who thinks there is a market for these coins in the future ... you are not "making" money. Collectors typically buy to collect and not to make money. Speculators buy to make money.

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