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- - Canadian silver (http://goldismoney.info/forums/showthread.php?t=8735)

porfiry | 03-12-2004 08:20 PM
Canadian silver Is there a market in Canadian silver? Is there such a thing as a $1000 bag of Canadian silver dollars? Seems like a bag of big coins like that would be cool, but have never seen anything like that offered. TIA

porfiry | 03-16-2004 07:30 PM
Re: Canadian silver OK I have my answer, stay the heck away from them

Libertarian_Guard | 03-16-2004 09:06 PM
Re: Canadian silver Why would you have to stay away from them? They are 80% silver. Just that I've never heard of them being offerd in $1000 face bags. I always did like the cannoe or 1957 totem pole design and I love the modern maples, although the redesigned 2004 Ag maple is just plain ugly.

silverwood | 03-16-2004 09:14 PM
Re: Canadian silver Does anyone know the silver content of the Canadian dimes,quarters, halves and dollars? I recently purchased a 1964 Canadian silver dollar, cool looking coin. I know they are .800 fine. What was the last year they were minted? Didn't they go to a reduced silver content before going completely fiat?

runner | 03-17-2004 07:14 AM
Re: Canadian silver I had a link for Canadian silver. I'll try to look for it. Canadian dollar coins from 1967 and earlier are 80% silver. Each canadian silver dollar has .6 oz of silver. 1968 was the first year of slag/clad dollar coins. I would stay away from 67-68 canadian quarters. During this time the silver content was lowered from 80% to 50% to 30%(?). I found alot of confusion about when/where/how much. If you want to go with Canadian, I would stay with the Canadian silver dollars because of the constant % .6 oz of silver (till 68) and also the backside of the coins vary from year to year. Kinda cool! Best bet to find canadian silver might be Ebay. When you search look for 'Canada' and 'Canadian'. You can find some deals. The coins might be hard to sell when that day comes unless you are close to the Canadian border and your buyer is familar with canadian coins.

90%RealMoney | 03-17-2004 10:07 AM
Re: Canadian silver Quote:
Originally Posted by Libertarian_Guard Why would you have to stay away from them? They are 80% silver. Just that I've never heard of them being offerd in $1000 face bags. I always did like the cannoe or 1957 totem pole design and I love the modern maples, although the redesigned 2004 Ag maple is just plain ugly.
I just saw a 2004 Silver Maple Leaf on Ebay. What the hell were they thinking? On the obverse, the queen looks like a cartoon character! She looks like Martha Washington!

porfiry | 03-18-2004 07:28 AM
Re: Canadian silver Quote:
Originally Posted by Libertarian_Guard Why would you have to stay away from them? They are 80% silver. Just that I've never heard of them being offerd in $1000 face bags.
Libertarian, thanks for your information. I would pursue an active market where one can quickly deal in large quantity and small spread. The responses and lack of response suggest that such a market does not exist for these particular coins. If they are of numismatic interest, nice, but that is secondary to me. YMMV

Cambrian | 03-21-2004 01:03 AM
Re: Canadian silver Quote:
Originally Posted by porfiry Libertarian, thanks for your information. I would pursue an active market where one can quickly deal in large quantity and small spread. The responses and lack of response suggest that such a market does not exist for these particular coins. If they are of numismatic interest, nice, but that is secondary to me. YMMV
I recently bought 500 BU Canadian silver dollars. An active market is of no concern to me, only silver content. As long as spot stays well above my cost, I can always dump them off to a refiner if there is no other market. They are attractive coins but I buy for profit and would have no compunction about selling them for melt.

porfiry | 03-22-2004 11:14 AM
Re: Canadian silver Quote:
Originally Posted by Cambrian I recently bought 500 BU Canadian silver dollars.
Hello Cambrian, can you say what sort of place you found the 500?

Cambrian | 03-23-2004 12:51 AM
Re: Canadian silver Quote:
Originally Posted by porfiry Hello Cambrian, can you say what sort of place you found the 500?
I bought the BU Canadians at Certified Mint in AZ but they do not normally deal in them. They were just cleaning out their back room and I bought all they had. Last week I bought a 100 oz bar for $.30 under spot and 100 1 oz rounds at spot from local pawn shops. Apparently they are nervous about the price and wanted to unload. Just a little more price advance and we will have a well developed short squeeze.

porfiry | 03-24-2004 06:27 AM
Re: Canadian silver Quote:
Originally Posted by Cambrian I bought the BU Canadians at Certified Mint in AZ but they do not normally deal in them. They were just cleaning out their back room and I bought all they had.
Thanks Cambrian, and it's good to see persistence rewarded.

Maple Leaf Steve | 03-24-2004 10:16 AM
Re: Canadian silver Quote:
Originally Posted by 90%RealMoney I just saw a 2004 Silver Maple Leaf on Ebay. What the hell were they thinking? On the obverse, the queen looks like a cartoon character! She looks like Martha Washington!
I gotta agree. Is that woman uglier than Susan B. Anthony? Flip a Coin! MLS

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