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Canadian Junk Silver....whos Buying?

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swrbxxx's Avatar
Canada
834 Posts
 Posted 10/13/2012  12:10 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
I'd suggest kitco as a means to judge spot. Let me tell you if I was paying in CDN and was quoted in american spot I would feel a bit ripped off.
Pillar of the Community
Canada
1723 Posts
 Posted 10/13/2012  12:33 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
REALLY? Because our dollar is worth more now? I bought all my stuff when CAD was worth less than USD but US index. IF our dollar was worth exact same there would be no difference. So me selling using the USD index payment in CAD is the only way for me to stay true. I do not want to have to convert USD into CAD either.
Edited by samsnate
10/13/2012 12:34 pm
Pillar of the Community
Canada
1723 Posts
 Posted 10/13/2012  12:36 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
Just posted a new list with my junk silver for sale and other things with the advice from some members and some thought. CHEERS!
http://www.coincommunity.com/forum/...ategoryID=20
Pillar of the Community
swrbxxx's Avatar
Canada
834 Posts
 Posted 10/14/2012  10:11 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
Our dollar is worth more, so our spot is different.
Many canadians buy in USD spot and well if any dealer in Canada asks that I laugh and walk away. Then again customer knowledge goes along way. If the USD is doing better I pay in USD. Keeps prices down

But as of 10:10pm Tonight there is a nice little gap in prices

GOLD USD 1743.70
GOLD CDN 1709.56

SILVER USD 33.22
SILVER CDN 32.59
Pillar of the Community
Canada
1723 Posts
 Posted 10/14/2012  10:34 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
which works out to be $0.037 a dime....hardly worth arguing over huh?
Edited by samsnate
10/14/2012 10:35 pm
Pillar of the Community
swrbxxx's Avatar
Canada
834 Posts
 Posted 10/15/2012  08:03 am  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
$0.037 is a big deal for people like me.
I usually buy 100$ FV at a time so $37 is a nice little savings.
Pillar of the Community
Canada
1723 Posts
 Posted 10/15/2012  8:00 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
I don't buy that much at a time and also don't sell that much at a time. Agreed...makes a big difference when buying a good handful of silver...I don't deny that, but this all came up because of my roll of dimes I'm selling, which I'm saying is really nothing to fret about. That's all.
Edited by samsnate
10/15/2012 8:00 pm
Valued Member
Islander2010's Avatar
Canada
220 Posts
 Posted 10/15/2012  8:30 pm  Show Profile   Bookmark this reply Add Islander2010 to your friends list Get a Link to this Reply
I don't really bother with 80% silver, and I'm Canadian. Just find it exponentially harder to move than 90% or better. Personally, my soft spot is for sterling, I find it a nice compromise between the lower purity stuff and the .999 stuff. Most of the time I can get it at spot, none of the premiums that are usually attached to .999. There's a surprising amount of .925 floating around, a lot of pre 1920 junk condition British coinage, and a lot of .925 hidden in plain sight in medals, medallions, etc...
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nod2003's Avatar
United States
3294 Posts
 Posted 10/15/2012  11:19 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I don't mind buying if I can get it for spot or a smidge under, but $$$ are tight right now, so my buying is on hold for anything short of a spectacular deal.
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