Silver Dollar Content - 0.925 Versus 0.9999

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Author	Replies: 5 / Views: 1,681
Alex A Pillar of the Community 710 Posts	Posted 05/17/2014 10:53 am This may have been discussed before (my apologies), but why did the RCM change the silver content in silver dollars after making the switch to 0.9999 in 2003? From what I can see: 2003-2006 0.9999 25.175g 2007-2011 0.9250 25.175g 2012-2014 0.9999 23.17g Why not keep silver content and weight consistent? They are already issuing with a big markup over BV. * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

lyradnoj Pillar of the Community Canada 548 Posts	Posted 05/17/2014 11:30 am Price of silver? From 2007 on the actual silver content in each coin doesn't vary very much - from 23.282g down to 23.168g, a .005% change. Report this Post to the Staff
trout1105 Pillar of the Community Australia 7096 Posts	Posted 05/17/2014 5:35 pm Quote: * Moved by Staff to a more appropriate forum. * Try again. This is the Australian forum, The Canadian forum would be more appropriate Report this Post to the Staff
Dcadon Rest in Peace Canada 1360 Posts	Posted 05/19/2014 6:33 pm I do know that they changed a lot of their 'sterling' coins to pure fine 99.99 silver for the taxable content. Any silver coin NOT 99.99 is taxable, Fine silver is not taxable. A small cost at manufacture, but a 13% savings for collectors. Report this Post to the Staff
Alex A Pillar of the Community 710 Posts	Posted 05/20/2014 09:23 am Quote: I do know that they changed a lot of their 'sterling' coins to pure fine 99.99 silver for the taxable content. Any silver coin NOT 99.99 is taxable, Fine silver is not taxable. A small cost at manufacture, but a 13% savings for collectors. Ok that makes sense. Did the change back to sterling silver for 2007-2011 have something to do with this? Report this Post to the Staff
Dcadon Rest in Peace Canada 1360 Posts	Posted 05/20/2014 11:55 am Changing back to sterling, I have no comment on. I did question their silver content in the F15 series, as some of the coin in the 2011 set (that I subscribed to) were neither a full ounce (5 & 10 Euros), or Fine silver (UK Britannia was Sterling), both of which - when billed activated the "HST" and made what really was a less valuable piece - more expensive than a full ounce of fine silver from other countries. Report this Post to the Staff
	Replies: 5 / Views: 1,681

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