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 Replies: 33 / Views: 2,451 |
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Pillar of the Community
Canada
1505 Posts |
Took a bunch of silver down to J&M today, pretty crazy the prices on everything. Joe was half laughing/shaking his head as we were going through some of the stuff.
1967 - $0.25 = $18
1963 silver dollar $90....
Sad to see so much stuff heading to the melt bin, but nice to cash out so many low value coins that were never really worth selling, but at such high prices, they were lined up several people deep when I left. Even some of mint products were multiples of the price paid.
Anyone else been clearing out the duplicate bin?
Strangest offer was on a $100 for $100, he offered $130 on it, I mentioned that it was an ounce of .9999 and he just said they don't sell, but didn't want to take it for scrap (it is in a NGC holder, so maybe didn't want to crack). I like the coin, so kept it. Edited by purelywasted
01/26/2026 7:15 pm
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Pillar of the Community
Canada
9149 Posts |
So for the 1967 - .25 melt is about $32 and they gave you $18 would this be a good deal?
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Pillar of the Community
 Canada
5391 Posts |
I highly doubt he was paying $90 CAD for a 1963
Silver Dollar or $18 CAD for a 1967 quarter.
Gatewest in Winnipeg , who is the highest buyer in Canada
was nowhere near those buy prices.
He is under $80 on 1966 and earlier
and just under $15 for a 1967 25 cents .
Silver @ $147 and change .
The silver refiners are totally backed up for about
six more months according to another prominent
Vancouver dealer and the top end guys currently
can not access overnight financing. Scary times !
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Pillar of the Community
 Canada
1505 Posts |
Where are you getting $32 from? That would be amazing for FV coins. I can't find any calc/shop that comes anywhere close to that price, especially a quarter that varies between 50%-80% silver
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Pillar of the Community
Canada
1505 Posts |
You can "doubt", but that is what the prices were around 9:30 this morning (silver was about $10 higher this morning). 1963-1966 PL Set @$161 SML $157 1966 & earlier was at @$87 per $1FV, silver dollar a bit higher. 1921 US Silver dollars $108 All prices retreated a bit this afternoon. Maybe there is a new "highest buyer in town", J&M is still higher as of a few minutes ago (See picture).  |
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Pillar of the Community
Canada
9149 Posts |
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Pillar of the Community
Canada
9149 Posts |
I'm asking because I have a full roll of circulated 1968 - .25 and was wondering what it would be worth?
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Pillar of the Community
Canada
1505 Posts |
Are you sure you didn't put it in for a $0.50 piece, just tried it out and it shows $16.05 (or maybe it was not working properly earlier). Either way, if you find someone that is actually paying $128 FV on silver, please do share, that would be an unreal price.  |
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Pillar of the Community
Canada
1505 Posts |
@mcshilling If you can get to J&M, a roll of 1968 is just under $500. Glad I went in today, wish I would have kept what I dropped off in December... but I thought that would be peak silver, to my surprise...  Edited by purelywasted
01/26/2026 8:18 pm
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Pillar of the Community
Canada
9149 Posts |
OK I tried again and got the same #'s as you, don't know what I did.
So what should I expect to get for a roll of 1968 quarters ?
Sorry you beat me to it.
Edited by mcshilling
01/26/2026 8:24 pm
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Pillar of the Community
Canada
9149 Posts |
I'm in NO all we have here is a second hand dealer that does sell coins for an arm and leg.
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Pillar of the Community
Canada
1505 Posts |
I have never needed to mail in to them, but I think they will lock in prices with a contract for buy/sell. https://cdn.shopify.com/s/files/1/0...v=1742076643I think you need to call in to confirm. But probably well worth it, especially if you have any more junk silver kicking around, dimes at $8/each, halfs at $40. Send it registered mail and could be a good return... |
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Pillar of the Community
Canada
9149 Posts |
Thanks for the info will look into it.
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New Member
Canada
32 Posts |
I tried to sell a RCM pure silver coin set to J&M last week and they only offered me 80% of silver spot price. I didn't sell the set. |
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Pillar of the Community
Canada
5391 Posts |
@ SML ,
That is much closer to the truth of what is going on!
Across North America the story is much the same .
Many small and mid size dealers have NO place to go
with Silver as they have run out of assets to purchase .
A liquidity crisis is upon us!
Remember in ANY market whether it be the Dutch Tulip Craze
Oklahoma Land Rush , or the current flaky Silver market , irrational
behavior lasts longer than you have liquidity.
I phoned around yesterday as we had a few big house calls
and a Collector Market to check prices on 66 , 67 and 68 silver
that we were offering on . The best offer we got from 4 Vancouver
dealers ..10 dollars back of spot was best .
This is sort of like having a million dollar house getting crap bid
at 750 K take it or leave it .
This market is going to end very very badly in my opinion.
Think I will keep my liquidity and dive in later for the inevitable
blood bath .
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Pillar of the Community
 Canada
5584 Posts |
Pacific .... you said that well and I agree.
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Replies: 33 / Views: 2,451 |
Posted 01/26/2026 7:45 pm
