Where To Sell A Large Number Of Coins Toronto Area

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Author	Replies: 9 / Views: 1,420
Noncentsically New Member Canada 1 Posts	Posted 08/28/2024 3:15 pm Hello everyone! I joined this forum because I have a dilemma. My grandparents had a hobby, pulling silver coins out of their change. Hazards of living through a depression and WWII I suppose. They taught me what to look for when I was a kid back in the 70's and I found a few 1968-ish ones myself over the years. So while it is a coin "collection" it is not a coin collection of the normal type where someone has curated by year/type/rarity/etc. There are literally hundreds of them and frankly I don't know what to do with it all. I have 2 tins full and they are very heavy. Mainly quarters and dimes. To give an example, I sorted them a few years ago and, pulling a bag off the top, there are 51 quarters from 1961 (image below). As they were all in circulation, they are not in the best nick, probably would not be collectible but I really have no idea. If I knew what I was doing, yes I could probably sell them individually on ebay or whatever, but I'm not sure that 1. that's the right course of action and 2. it would probably take longer and be more of a hassle than I would like. There's a few Kennedy silver half dollars which I could probably sell on ebay fairly easily in comparison. So I was wondering if any of you lovely people had a recommendation for a reputable dealer within the Golden Horseshoe region of Ontario? I have tried to Google this, but I have no idea who is truly worth dealing with. Thank you very much for reading and whatever assistance you're able to provide. Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 08/28/2024 4:04 pm Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 08/28/2024 4:06 pm to the CCF! Report this Post to the Staff
okiecoiner Pillar of the Community Canada 5585 Posts	Posted 08/28/2024 5:40 pm You'd probably be better off selling most it as scrap silver. There are a few dealers no too far away that does that regularly. It might be a good idea if you joined the Hamilton Coin Society, the coin club for your area. It has members from Burlington, through Hamilton and down past Grimsby, Alan Roy is the contact. alroy477 at gmail dot com . Every meeting, there is an auction for members to offer for sale. You can also set up at one of their tables and sell items to other members before the meeting. Lots of buying for items of interest. https://hamiltoncoinsociety.ca/ Edited by okiecoiner 08/29/2024 4:02 pm Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 08/28/2024 7:34 pm Everyone and their dog did the same thing back in the late 60s and early 70s . So as you state not a collection rather a silver hoard . All you need to do is this in order . 1 Gate West coins Winnipeg website 2 See their daily buy price for 66 , 67 , 68 Silver coin prices . 3 Find a dealer in your local area ,ask how close they pay 4 Go sell the entire lot 5 Bank , spend or invest the money Report this Post to the Staff
Smallcentguy Pillar of the Community Canada 1984 Posts	Posted 08/28/2024 8:37 pm Make an appointment at Express gold refining on Victoria St in Toronto. You probably get 90% of bullion value. No muss no fuss. Report this Post to the Staff
Cdncoins Pillar of the Community Canada 999 Posts	Posted 08/29/2024 12:46 pm I agree with Pacificoin on Gatewest. Check out their site for current rates they are buying at. http://markets3.gatewestcoin.com/bullionBuy.html I know a guy in Toronto who buys at whatever they do, but he doesn't have a store. You can call a couple places and check how close they are. Another option is going to a coin show. There is one next week in Mississauga. There are some dealers that would probably be willing to buy. https://canadiancoinnews.com/events/ Report this Post to the Staff
Smallcentguy Pillar of the Community Canada 1984 Posts	Posted 08/29/2024 3:58 pm The silver value of pre 1966 coins is 0.6 oz per dollar. The silver price is around $39.50 so bullion value is just under C$24 per dollar. So expect something like $21 - 22 per dollar. Report this Post to the Staff
DBM Pillar of the Community Canada 9862 Posts	Posted 08/29/2024 5:19 pm Some dealers (J&M) are selling at less than $21 today. Others like Gatewest are paying more than $21 currently. "Dipping" is not considered cleaning... -from PCGS website Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5393 Posts	Posted 08/29/2024 6:43 pm Guessing one needs dough the other not so much ! Report this Post to the Staff
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