Canadian Silver Maples

Discussion in 'Bullion Investing' started by njo, Feb 24, 2016.

  1. njo

    njo New Member

    Hi everyone,

    I recently inherited a bunch of coins from my Grandmother. There's many individually wrapped coins and bullion coins. I'm looking to sell off the bullion (300 coins) and eventually all the other collectible coins.

    Should I hold on to them or sell them off? I've gotten offers of $.5 to $.75 over spot for all 300 of the coins. They're in tubes, years 2011-2012.


    Thanks for the help.
     
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  3. coincollector197

    coincollector197 ANA Platinum member since 12/9/15

    Sell them off on ebay!! $2 over spot is the lowest minimum I would accept for those coins.
     
  4. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    After ebay fees, shipping and paypal - you will lose upwards of 15% of the total sale price. Do the math first.

    There is a section of the forum to post things for sale. You might find someone locally.
     
  5. njo

    njo New Member

    Yeah, I was hoping to avoid ebay. Private sale would be best in terms of money but it would be the most sketchy.
     
  6. Blaubart

    Blaubart Melt Value = 4.50

    Private sales don't have to be sketchy. Post an ad on Craigslist. Don't give out any personal information. Cash only. Meet in a very public place. I usually meet at my bank.

    There are a lot of people out there who buy silver, and for any number of reasons prefer to deal in cash. Perhaps they don't want the paper trail, or maybe they don't trust Internet dealers. Most sales that I've done are for 20-40 ounces at a time. It might take a little while to move 300 ounces.
     
    njo likes this.
  7. njo

    njo New Member

    Good idea. That's what I'll do. Thank you for the reply
     
  8. GoldFinger1969

    GoldFinger1969 Well-Known Member

    What about your LCS ?
     
  9. njo

    njo New Member

    They only offered $.50 over spot
     
  10. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Without fees, it still might be competitive. Do the math and let us know what you chose.
     
  11. njo

    njo New Member

    Ended up trading and selling them off per tube. Mostly trading for stuff in my hobby. :)
     
  12. Cascade

    Cascade CAC Grader, Founding Member

    What's your hobby?
     
  13. njo

    njo New Member

    Military firearms.
     
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