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 Replies: 14 / Views: 1,841 |
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Valued Member
United States
417 Posts |
Is 8x face for Canadian silver and 9x face for U.S. silver a good deal?
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Pillar of the Community
United States
3294 Posts |
I would not mind buying US silver at 9x as long as the coins are not extremely worn.
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Bedrock of the Community
United States
10982 Posts |
With silver prices the way they are today (10/08/2008), I'd want at least EF coins for 9X face unless they're silver dollars.
You should be able to find 90% U.S. silver in AU condition at 9X face right now.
As for the Canadian, verify the silver content before looking any further.
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Pillar of the Community
United States
1984 Posts |
If you can find 9X, it's a good deal from where I sit. Dealers here are still at 11X.
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Pillar of the Community
United States
581 Posts |
Quote from above: "You should be able to find 90% U.S. silver in AU condition at 9X face right now."Please: Names, addresses, telephone numbers, web addresses, ebay seller. Anything. It's the old: "Put your money where your mouth is"  |
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Pillar of the Community
United States
3294 Posts |
Yeah, in case no one has noticed, things sold on the bay are still getting 10x, 11x easy.
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Valued Member
United States
406 Posts |
I sold yesterday for 9X to the shop. I sold about 6.00 face. They were buying 7.5X 2 weeks ago. They've been selling for 12X for some time now. Most of what I sold were all old dirty coins that I paid face for. So I made some money. So IMO buying at 9X around here will not be doable for some time
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Valued Member
 United States
417 Posts |
Quote:
As for the Canadian, verify the silver content before looking any further.
It's all pre-67 coins. Even some UK(?) shillings dotting the group. |
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Bedrock of the Community
United States
20753 Posts |
With the prices the way they are lately I would first check the prices a few hours before you buy anything. Every time I look it is either up or down and a lot.
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Bedrock of the Community
United States
10982 Posts |
Quote from above: "You should be able to find 90% U.S. silver in AU condition at 9X face right now." Please: Names, addresses, telephone numbers, web addresses, ebay seller. Anything. It's the old: "Put your money where your mouth is" //////////////////////////////////////////////////////////////////// Try this link: http://forums.collectors.com/catego....cfm?catid=79X face is still over melt, for 90% silver there are guys here who sell regularly at melt. You do have to join Collectors Universe though. |
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Valued Member
United States
442 Posts |
We're paying 8x and selling at 12x at work. I'd go for 9x no doubt.
Canadian I shy away from though.
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Valued Member
United States
199 Posts |
maybe I should sell now?!
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Pillar of the Community
United States
581 Posts |
"Try this link: http://forums.collectors.com/catego....cfm?catid=79X face is still over melt, for 90% silver there are guys here who sell regularly at melt. You do have to join Collectors Universe though." Hilarious. Why don't you just post a link to e-bay? |
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Pillar of the Community
United States
5318 Posts |
Before buying bulk Canadian silver, the question you might ask would be...who will buy when you need to sell?
Dealers around here won't buy perhaps due to the different silver ratios....925, .8, .5
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Valued Member
United States
429 Posts |
I just went in to try and buy some silver and the coin shop is almost cleaned out as of today and the $2.00+ drop in silver. What they did have was 14x face value for AG-F condition. Their issue is two things:
1. The places they buy silver are drying up and are wanting more than spot because they know they can sell it and 2. most items they have were bought months ago when silver was $16+ and still trying to make a small profit.
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Replies: 14 / Views: 1,841 |
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Posted 10/08/2008 10:01 pm
