Selling silver coins...a question.

Discussion in 'Coin Chat' started by CoinKeeper, Feb 7, 2009.

  1. CoinKeeper

    CoinKeeper Keeper of Coins

    I have the opportunity to get my hands on almost 10 ounces of Canadian silver coins. If I needed to sell these in the future, and quickly, where would I go about selling them for a fair price.

    A coin dealer? eBay? On CoinTalk?

    Let me know...
     
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  3. stainless

    stainless ANTONINIVS

    Any of those would be good....but be sure to offer them here first..as we can probably give you the fairest price.

    Can I ask what you would be paying?


    stainless
     
  4. silverstruck1

    silverstruck1 Coin Hoarder

    The good thing about canadian silver is thet it's .9999* pure if you don't mind me asking how much are you paying if you what you can pm me?
     
  5. stainless

    stainless ANTONINIVS


    Depends.....Only the ounces of silver are .9999....if he is buying scrap melt it is only .900.



    stainless
     
  6. CoinKeeper

    CoinKeeper Keeper of Coins

    Yeah, I'm getting 11-12 ounces of silver quarters. They're .800 silver, so more than 9 ounces of pure silver...

    Coin dealer? eBay? CoinTalk? If I were to sell, I'd want to get at least spot, or a tad below.
     
  7. ice

    ice Just happy to be here

    If you are going to sell for melt midwest refinery only charges 5% not bad. I would try here first someone may give you spot. Ice
     
  8. raider34

    raider34 Active Member

    Ebay can really be hit or miss. If you already have an account, and a good amount of positive feedback as a seller, you could probably get a pretty good price. But I think the fairest deal you'll get is probably on here if someones interested.
     
  9. rld14

    rld14 Custom User Title

    Canadian Silver is either .925 (Sterling) up to about 1920 or so, then .800 fine and some 1967 Silver is .500 fine.
     
  10. Arizona Jack

    Arizona Jack The Lincoln-ator

    correct
    and I thnk you should get at least melt value here, maybe moreon the bay but the fees and commision will kill you. No shop on the planet will offer melt, most are in to 90% rane, maybe a little higher.
     
  11. rld14

    rld14 Custom User Title

    I actually bought a bag of it last weekend at a coin show (From Sea Eagle Coins) for $50, Larry said the silver weight alone was 5.85oz! How could I say no?
     
  12. Arizona Jack

    Arizona Jack The Lincoln-ator

    I snookered 4 new Canadian dollars for my set in Tucson, when silver was at $11.25...I paid melt for 4 sliders. Not to bad.
     
  13. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I would think that since you live in Canada, just about anyone you know might be willing to buy the coins for melt or a bit more if they are older.
     
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