Comments on: Canadian 2016 $100 Elk Silver Coin for $100

By: R. Weaver

R. Weaver — Thu, 07 Nov 2019 14:28:30 +0000

In reply to Seth Riesling. Whoever at the RCM stated so, he/she was wrong. In addition to other distinguishing features, caribou have antlers that are quite easy to distinguish from those of elk/wapiti. The animal depicted on the coin's face is, in fact, an elk and a very nice and anatomically accurate depiction thereof.

By: Ronald

Ronald — Fri, 16 Jun 2017 12:07:16 +0000

Why would anyone pay $100 for $16 worth of silver?

By: Mark White

Mark White — Thu, 27 Oct 2016 13:28:49 +0000

I don’t know what the official description is, but that’s an elk on the 2016 coin.

By: Seth Riesling

Seth Riesling — Fri, 14 Oct 2016 19:47:35 +0000

I forgot to mention that the Canadian caribou (not an elk) is on their circulating 25-cent coins for decades. That is why the name makes a difference here. The RCM Masters Club advance product email l received as a Platinum level member states this is the “$100 for $100: Woodland Caribou” silver coin. This is the official, correct description that should be used.

-NumisDudeTX

By: Seth Riesling

Seth Riesling — Fri, 14 Oct 2016 18:31:59 +0000

According to the RCM, the animal depicted on this coin is a woodland caribou – not an elk as stated in this article.
The RCM has stated in the past that under Canadian law, merchants & banks do NOT have to accept these non-circulating legal tender coins (NCLT). The same is true of all Royal Mint coins available for the face value program coins.

-NumisDudeTX

By: Ken

Ken — Fri, 14 Oct 2016 16:04:40 +0000

I have read that although these high face value coins are legal tender, they do not circulate and a person can not take them to the bank for their face value. If this is true, I think any report about them should note this.