Canadian Junk Silver Vs. American Junk Silver

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Author	Replies: 5 / Views: 5,050
Bronxman95 Valued Member United States 178 Posts	Posted 07/26/2009 7:02 pm I know that the percentage is different, 80% silver in Canada vs 90% in America. But what about the price premiums, have you guys been able to see a significant different in prices per ozt between the two and is canadian as easy to sell as American junk? Report this Post to the Staff

wd1040 Pillar of the Community United States 3098 Posts	Posted 07/26/2009 7:09 pm For American .900s, the price is usually 10x above spot, which gives a buffer from directly affected from the spot silver price. As for .800 Canadians, at least in the US, they are calculated by their silver content. And for even older .925 sterling Canadian coinage, the price is usually numismatic, meaning that those prices are always above spot. Report this Post to the Staff
Bronxman95 Valued Member United States 178 Posts	Posted 07/26/2009 7:13 pm What year was the switch made from sterling to .800? Report this Post to the Staff
wd1040 Pillar of the Community United States 3098 Posts	Posted 07/26/2009 7:29 pm 1920 is the first year of .800, I think. Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 07/26/2009 8:36 pm Quote: the price is usually 10x above spot, wd1040, don't you mean 10x face? John1 Report this Post to the Staff
Bronxman95 Valued Member United States 178 Posts	Posted 07/30/2009 2:42 pm What would a US dealer typically pay for .800 canadian junk silver? Report this Post to the Staff
	Replies: 5 / Views: 5,050

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