My strategy. I LOVE MAPLES! What's yours?

I have a mixture of silver Canadian coins (mostly Maple Leafs - but they make other fun silver coins I like) and silver American Eagles. I got much of them from my late father but continue to collect them on my own. I think the Canadian coins are more fun to collect due to wide designs. My mom was Canadian and my dad American - so I have sentimental reasons for collecting both. Recently have my eye on a 10 oz RCM silver bar - my first non coin consideration.

 

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Well, first milk spot appeared on one of my privy coins. So depressing! All of my bullion Maple Leafs are just fine. But now my Monkey Privy has a little spot. Had it less than a week!

 

Sorry to hear that. Felt the same way when I found milk spots on my coins.


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Because of possible milk spots on anything the Canadians mint I buy in small amounts.

 

I'm not sure what to do. I really love the privy coins, but it's hard to justify paying $4-$6 over spot for them and then have that extra value disappear within a week.

I suppose the only consolation is that at least I'll always have melt.

My strategy must to buy privy Maples as close to spot as possible. Don't buy too many. Enjoy them. And if I lose $5 of value on 10 coins over time, it's not the end of the world.

 

Are you sure the e-waste is worth it Brett lol. A little long but worth watching...

 

I can remember times when their face value exceeded their bullion value.
That never happened with an ASE.

 

Yes... Most definitely - YES.

This was my first "big" recovery. I'd done smaller experiments to make sure I had the process down. I spent $500 (and a bunch of time) accumulating scrap processors around town. I spent $100 in chemicals, $100 in beakers & equip, a fan/filter, etc to put on the workbench outside - and what you see is 1.3 ozt of pure %99.x gold. At the time - gold was ~$1700/ozt.

This was after the 3rd run through aqua regia. Big clumps of gold once salted and pulled from suspension. To give it scale, the beaker is about 8 inches wide.

In a 2 year period, I refined somewhere around 6-7 ozt of pure gold. I'd do about an ounce per run. I had a local jeweler paying me 99% of melt because it was so pure.

 

My final strategy is to buy and sell silver. To do so I have ASE's, Generic Rounds, 90%, 40%, and 10 ounce bars. I have a Miscellaneous category too which usually ends up being Canadian Bullion. All of these seem to sell well at my coin club, the weakest though are the rounds and bars and the strongest are the 90% and Miscellaneous.

 

They are nice coins. If your interested PM me or I will let you know when I list but I have a 1992 and 1999-2000 Fireworks privy sealed in original mint pack if interested.

 

Thanks, but probably not. I am buying only new privys whose premiums are just a few bucks. Not interested in spending more than $5 over spot for anything--consequently the only privys I have been buying are 2016 and 2017s.

 

I have one with milk spots... got it this way. Never had a graded coin so figured for $20 why not.

 

Very milky!! I'm assuming the MS69 was before the milk spots started showing up.


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I have to believe it appeared after grading. I doubt they would grade so high with these spots