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 Replies: 59 / Views: 14,312 |
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Pillar of the Community
United States
1450 Posts |
I really like the large silver coins that are 90% silver. Can anyone think off hand which are the most available besides Morgans and Peace dollars? Since our dollar is so strong can we get a deal when we pay for foreign coins in US dollars. I know the price of silver is a constant and is priced in dollars, but can you get a deal on currency when you buy Canadian silver for instance. I know if you travel to Canada your dollar is worth more than their dollar. |
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Valued Member
United States
175 Posts |
The only difference in the open market of older silver coinage, Canadian vs. US, is the 10% difference in silver content. When it co es to Canadian vs US sellers. Most already have the math figured in and aside from catching your average deal, not much savings to be had there.
Now when it comes to buying overseas... I can't help you out there. But by the time you factor shipping and the getting scammed prospect. I'm of the notion that it wouldn't be worth it. YMMV
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Pillar of the Community
United States
3343 Posts |
Go to a coin store and ask to see their scrap silver coins. I've gotten a lot of UK sterling, Canadian 80% and French 90% that way. Usually they're the small coins, but sometimes you find a crown-sized piece. They're not sold at a premium because they're not usually collectable. Here's a UK Trade dollar I found this way  Most coin dealers are cautious when they buy scrap, so you have some confidence that you're getting silver and not base metal counterfeits. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
04/25/2016 8:49 pm
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Bedrock of the Community
United States
10034 Posts |
Older Canadian silver dollars.
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Bedrock of the Community
Australia
21786 Posts |
I am not really into bright 'n shiny modern bullion silver.
I have about 60 World silver crowns, all struck before about 1960. About 40 of them are not worth much more than melt value; nevertheless together, they make an interesting collection from a numismatic aspect.
The 40 or so lesser valued pieces also make for an interesting way to stack silver.
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Bedrock of the Community
United States
11951 Posts |
I have been buying a lot of foreign silver.
What I find the most
Canada - Dollars and Halves
UK - Florins, shillings and half crowns
Mexico - 1 through 25 Peso
I also watch for and find larger silver coins from
Philippines
Netherlands
South Africa
Ireland
Australia
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Pillar of the Community
United States
711 Posts |
Get the 1947 or 1948 Mexican 5 peso coin. It might be the largest circulating silver coin ever. Bigger than a Morgan or Peace dollar anyway. 30 grams of 90% pure silver so basically 27 grams of silver (with 31.1 being a troy ounce). Beautiful coin. That eagle is almost in high relief. Best world silver coin bar none. Edited by BuckeyeCoinGuy
04/25/2016 10:44 pm
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Pillar of the Community
United States
1192 Posts |
I usually collect hoard Canadian sterling silver. I can find the sterling at 80% prices most place. It's kinda hard to tell sometimes because they can be so worn sometimes. I found a holed Edwards half dollar the other day and it's the highlight of the stack.
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Valued Member
South Africa
331 Posts |
The south africa crown is a nice huge coin 1947-51 has 80% silver but for some reason I don't like them, even though I am south african. They are to bleh for me. Morgan and Peace dollars are more my Cup of tea |
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Valued Member
United States
125 Posts |
Quote:Get the 1947 or 1948 Mexican 5 peso coin. It might be the largest circulating silver coin ever. Bigger than a Morgan or Peace dollar anyway. 30 grams of 90% pure silver so basically 27 grams of silver (with 31.1 being a troy ounce). Beautiful coin. That eagle is almost in high relief. Best world silver coin bar none. As an owner of one of these Mexican coins, I can attest they are ridiculously sized. I have one stuffed inside a silver dollar coin flip, though I definitely would say it doesn't fit very well...  If you want other suggestions for large coins, I suggest one such as the Large 1931 Panama Balboa coin. With a mintage of only 200K, you might not be able to get it for the price you are looking for, but if you consider the combination of its size and beauty, I really recommend it. I think it is one of my favorite large silver coins of all time. You can find its detailed page here: http://en.numista.com/catalogue/pieces18304.html My other follow up favorites include (but not all): the Italian 5 Lire with Vittorio Emanuele II 1861-1878 http://en.numista.com/catalogue/pieces2290.htmlthe Belgium 5 Francs Leopold II 1865-1878 http://en.numista.com/catalogue/pieces276.htmlThose coins can cost a bit more, but if you're patient with the market you'll find them for a good price like I did. Anyhow, I will have to stop myself here, because otherwise I'll just keep posting more pictures and more recommendations.  But really, I think collecting old large silver coins from other countries are great because there are many attractive ones, and the premiums are VERY low compared to those of American coinage! |
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Valued Member
United States
282 Posts |
You can go French - The 5 franc crown size coins all the way back to the early 1800's go for far less than those of other countries. For $15 - $20 each you can put together a nice collection.
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Pillar of the Community
 United States
1450 Posts |
Thanks for the suggestions. That is just what I was looking for regarding large silver coins. You know some of these make really nice presents to collector friends. They would never buy them for themselves, but just the size and silver content are nice.
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Pillar of the Community
United States
1450 Posts |
What would you pay for a Mexican 5 Peso coin in AU condition and same goes for the large Balboa coin. I see them selling for around $30 on ebay. That to me is a high price since they are adding in a big premium for themselves as well as S&H. I see silver on spot market has hit $17 plus. Sellers should not expect more than 20% premium when we all know dealers probably pay melt value for the coins. What is the publication where you can find dealer prices as the Reb Book is out of touch with the market as soon as it is published. If I know what these dealers pay I can offer reasonable amount and I just won't overpay even if I leave it on the table. It looks like everyone is stacking silver. Gold at %1250 an ounce is another matter. |
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Bedrock of the Community
United States
12437 Posts |
When I think of a readily available large silver coin, I think of Maria Theresa Thalers.
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Pillar of the Community
United Kingdom
2870 Posts |
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Pillar of the Community
United States
1450 Posts |
Are the Thalers as in (Maria Theresa Thalers) 70% silver or does it vary. I did buy a Maria Theresa Thaler just because it was so striking and "large". Like poster said "It's a nice way to stack silver". In AU or Unc. condition some of these coins are really dazzling to the eye.
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Replies: 59 / Views: 14,312 |
Posted 04/25/2016 8:44 pm
