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 Replies: 10 / Views: 1,467 |
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Valued Member
Canada
321 Posts |
I just came into alot of money and was wondering what you guys buy your silver and gold maples for? What should I expect to pay if I go to a coin dealer/bullion seller?
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Valued Member
Canada
183 Posts |
Gold is toooo high price,silver is reasonable right now.I deal with silver rounds both Canadian and US from a bullion dealer.
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Moderator
 Canada
10460 Posts |
Right now is not a buyers market for precious metals, unless you can find platinum maple leaf coins.
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert OppenheimerContent of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_USMy eBay store
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Pillar of the Community
United States
1150 Posts |
If you are trying to preserve your newfound wealth, I would buy gold. Silver has a larger upside potential, however it is likely to be more volatile than gold and is therefore NOT for the faint of heart. My question for those that think gold and silver are too high is this; How else do you plan on protecting the continued devaluation of your dollar or whatever other fiat currency your currently hold?
Anyhow, you should be able to find silver maples at a few dollars over spot price, and gold maples anywhere from $50 to $100 over spot.
I personally am not buying any more silver bullion rounds (i.e. maples or eagles, etc...) because I am not willing to pay over spot. I stick with pre-1964 'junk' silver coins, especially dimes and quarters with little to no wear. Coins such as these are easily recognized by more people than are bullion coins, and are also more easily broken down into smaller units for sale or trade.
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Pillar of the Community
Canada
834 Posts |
Well not to pry but what do you consider a large chunk of $$$.
I'd say grab a 10oz gold bar, last few I bought were at spot no premium. Let it sit and wait till over $2000 gold
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Rest in Peace
United States
9104 Posts |
Two posts
With the same avatar
and the same number of posts.
I'd be buying a lottery ticket.
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Pillar of the Community
United States
1150 Posts |
And don't forget to mention, in the same country!
What are the odds...
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Pillar of the Community
United States
2120 Posts |
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Valued Member
Canada
272 Posts |
You should note that canadian maples are not pegged to bullion values, their values are pegged to the market consisting of supply and demand due to the quantities issued.
For example a 1996 maple will cost you $70.00 book and a 2011 will rush you $40.00.
For my money you would be better buying 1 oz silver bars.
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Rest in Peace
United States
9104 Posts |
Who has these 2011 Maples for $40?
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Pillar of the Community
Canada
834 Posts |
Yea i'd like to see some maples at $40 if so ill put a good 30-50K into that
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Replies: 10 / Views: 1,467 |
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Posted 09/07/2011 2:46 pm
