$30 Silver Maple Leafs

A guy I know who owns a small shop, with mostly historical and war soveneuirs such as uniforms guns and helmets, has a small display case of coins, which I frequently buy from. He has 2 .999 Silver Canadian Maple leafs, for 30 dollars each. I want to negoitiate 2 for $50 but I feel I am still overpaying. What is your take on this transaction?

NOTE that this is for collecting and not investing

 

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My opinion! I can get American Silver Eagles for $2.00 over spot at my LCS. 1 oz of silver is $16.25ish (today). I think you would be overpaying.

 

A generic maple leaf at even $25 per seems awful high to me. Unless you're otherwise getting sweetheart deals, I don't see how this would be a wise purchase.

 

Imma try to negotiate $20 each then $25 not a dime over $25

 

$30 Not a good price.

 

Even $25 is too much unless it is a less common date.

 

Perhaps he thinks that Silver is Real Hard Money, and people should pay him a premium in Worthless Toilet-Paper Fiat to get his Precious Metals.

That's fine, but there's no reason for you to chip in financial support for his delusion.

 

Also, just because you are "collecting" and not "investing" does not mean you should pay an outrageous premium. Especially for common crap.

 

You can do much better than $25 on eBay and that's with "free" shipping

 

My guess would be he bought them for 25-30 and just isn't willing to take a loss

 

I Just Might know where you can get varied year for $19.09 each. Over 5 free shipping!

 

It comes down to it's your hard earned money, do as you like.
I threw my local guy a bone when I paid up for a 1 ounce silver casino round @ spot plus $1 price for a piece that was 28 grams.

 

That's really not throwing someone a bone. thats .9876 ounces. I'm sure he appreciated the extra 40 cents or whatever it was.

 

I agree with everyone else. I think you can get them for less if you shop around.

 

You can buy privy-marked proofs for less... even on eBay!

 

An ounce of silver is 31.1 g

 

I think that's called a Troy Ounce ?

 

Canadian silver and gold is .99999 not .999 and what years are the maple leafs ?
Yes bullion true but some years do have limited mintages, and there are some that weight over an ounce of silver. So there is a difference that needs to be clariied before one can make a call. Are they common dates? Special editions? Low mintage Privy's ?

 

That makes no difference.

 

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