Bullion of a different kind.

I like buying old Canadian silver at the pawn shop, but it has a drawback...high premiums. The last few Canadian half dimes I bought cost me $3 each. The melt value on them is 67 cents.

So this time I tried something different.

I ordered $1.00 face of 925 Canadian (pre 1920) and $1.00 face of 80% (1921 to 1967).

Before shipping, I paid $33.68.

This is 1.294 oz of pure silver. At $21.47 an ounce, I paid $6 over spot before shipping.

I'm not sure what quality this "junk silver" will be, but I will post photos once it arrives.

 

Log in or Sign up to hide this ad.

Is your goal to get silver bullion as cloe to spot as possible?

 

Well for ASE and 90%, yes. However for world silver, I'm just trying to keep premiums low while still enjoying a collectible coin. I don't like paying $3 for a Canadian half dime that melts for less than 80 cents.