King George V On Canadian Mountie 100th Anniversary

[JonCL]

Another nice Canadian anniversary coin- this one commemorating the 100th birthday of the Royal Canadian Mounted Police (1920-2020). I’ve just seen this 2oz bullion coin drop into the Silvertrader UK store and am interested to note that the obverse carries the image of the monarch who reigned when the Mounties were founded- King George V. Does the depiction of a past monarch affect the status of the coin. It has a face value of 10 Dollars but can it be legal tender?

The question is purely academic as I hope to never see the day when silver spot prices dip below face value!

[TonyS]

Not legal tender in the UK.

UK coins have a face value, a legal dodge around capital gains tax.

I’ve just received two RCMP coins, I’ll be buying more.

[JonCL]

4 hours ago, TonyS said:

Not legal tender in the UK.

UK coins have a face value, a legal dodge around capital gains tax.

I’ve just received two RCMP coins, I’ll be buying more.

Thanks.