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Who On The Forum Buys Canadian 80%?

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Valued Member
aandabooks's Avatar
United States
223 Posts
 Posted 02/22/2013  11:44 pm  Show Profile   Bookmark this reply Add aandabooks to your friends list Get a Link to this Reply
I sometimes run into Canadian here in the states and I find it interesting. My dealer will sell it below spot because not many in my area want it. I picked up some Prestige sets and a half dozen 1980's 50% dollars a couple weeks ago.
Valued Member
Misterpostman's Avatar
Australia
208 Posts
 Posted 07/18/2013  4:43 pm  Show Profile   Bookmark this reply Add Misterpostman to your friends list Get a Link to this Reply
Since the premiums on US 90% are rather high now, I think Canadian 80% is a good value. Lower premiums and a few sterling silver coins in the mix. My LCS has been selling to me at 12X face.
Valued Member
atchisonbj's Avatar
United States
293 Posts
 Posted 07/28/2013  12:51 pm  Show Profile   Bookmark this reply Add atchisonbj to your friends list Get a Link to this Reply
The nice thing about Canada 80% in the States AWAY from the Canadian border is that it trades at a discount to its silver content verses the corresponding 90% American Coin. That's not a problem if you are simply buying silver. To some dealers in the States that don't see a lot of Canadian silver its somewhat of nuisance in the since it is as "fine" as the American 90% but they don't want to wait for a big pile of it to make rolls or send it off to Helen Smelter . . . In fact before the bi boom in silver in 2007 I used to be able to buy it at spot or at 90% of spot in the Midwest.
Pillar of the Community
Arkie's Avatar
United States
2637 Posts
 Posted 07/28/2013  6:49 pm  Show Profile   Bookmark this reply Add Arkie to your friends list Get a Link to this Reply
Definitely better markups (sometimes under spot) for Canadian 80% and sterling compared to US 90% at the local LCSs.

I remember going to a local coin show which had foreign silver on display and asking if he had any Canadian. He looked at me, laughed and said "You want Canadian silver?!"

Another coin show, when silver was about $15/oz, I picked up some 63-66 Canadian dollars individually wrapped in plastic for $4.50 each. Evidently the coin dealer was tired of holding them. I could have picked up more, but I wasn't sure why the price was that low.
Valued Member
Canada
258 Posts
 Posted 07/29/2013  3:24 pm  Show Profile   Bookmark this reply Add nickelphr33k to your friends list Get a Link to this Reply
I buy 80% Canadian silver all the time, primarily because I am Canadian. However my favourite junk silver is 90% US quarters. I find they make for attractive coins when the are smoothed around the edges. Unfortunately it's been over a month since I have been able to find any silver, junk or bullion at my LCS. Everything that comes in goes back out the same day. Very frustrating.
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