Silver Prices

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GBELEC
Posts: 87
Joined: Tue Jun 25, 2019 8:01 pm

Silver Prices

Post by GBELEC » Thu Nov 14, 2019 10:08 am

I have a few 1967 silver dollars and am wondering . if i take them in to a coin show will i find a dealer willing to give me melt value for them at a minimum . or what should i expect???

troubadour
Posts: 202
Joined: Thu Nov 24, 2016 3:46 pm

Re: Silver Prices

Post by troubadour » Thu Nov 14, 2019 10:41 am

probably melt value or a bit more like $15 each

GBELEC
Posts: 87
Joined: Tue Jun 25, 2019 8:01 pm

Re: Silver Prices

Post by GBELEC » Thu Nov 14, 2019 12:38 pm

Sounds good thanks, if someone buys them for melt they must be planing on holding them hoping silver price goes up or how do they make anthing on them themselves??????

bushman74
Posts: 109
Joined: Wed Dec 26, 2012 4:27 pm

Re: Silver Prices

Post by bushman74 » Fri Nov 15, 2019 3:34 pm

troubadour please let me know where you will get melt value or $15 from a dealer. If that's the case I will rush there right now and cash in all my 1967 silver dollars.

At this very moment (13:18 Friday Nov 15/19), if you were to go to J&M Coins in Vancouver you would get $9.75 for a 1967 Silver $1.

Alternately if you were in Winnipeg and were to go to Gatewest Coin you would get $9.93.

Dealers do not pay melt or higher for sliver. They pay less.

In fact when I talked to a few Gold/Silver traders at the Edmonton Coin Show this past weekend (Nov 09 & 10) they advised me that they usually paid Spot less 10 or 15%.

Selling privately a person may or should be able to get over spot silver price in some cases.

If you want to see current prices check out both dealers websites.

Sorry I don't have any from the east.

GBELEC
Posts: 87
Joined: Tue Jun 25, 2019 8:01 pm

Re: Silver Prices

Post by GBELEC » Fri Nov 15, 2019 7:11 pm

Sorry but I’m getting confused, this web sight is saying “ melt or minimum value “ is $14.22.
I was at the Edmonton show and should have been asking questions there but was distracted by all the coins and banknotes I wanted but could not afford😩

GBELEC
Posts: 87
Joined: Tue Jun 25, 2019 8:01 pm

Re: Silver Prices

Post by GBELEC » Fri Nov 15, 2019 7:30 pm

I did more investigating on non numismatic sites, just silver values, looks like silver at .72 cents per gram should have the value of a 1967 at closer to the $14 value then $9.75
But I’m still wanting to hear any opinions out there on what I should expect as a value on a 1967 silver dollar.

bushman74
Posts: 109
Joined: Wed Dec 26, 2012 4:27 pm

Re: Silver Prices - I made a mistake

Post by bushman74 » Fri Nov 15, 2019 10:52 pm

My apology, I did make a mistake.

The actual numbers today are:

Gatewest coin $12.80

http://www.gatewestcoin.com/bullionBuy.html

J & M $11.78

https://www.jandmcoins.com/salesitem/08 ... DD0DE868DD

I hope these links work.

The Gatewest link is constantly updating when the markets are open. I do not know about J & M.

I am not sure where you are located, however whether you are in eastern or western Canada there are a number of coin or bullion shops you can visit for an local prices.

I find Gatewest to be among the best prices offered.

GBELEC
Posts: 87
Joined: Tue Jun 25, 2019 8:01 pm

Re: Silver Prices

Post by GBELEC » Fri Nov 15, 2019 11:12 pm

Thanks for the info . Will check out those sites and make a plan.
Bushman74,I know you had put a invite out to everyone to say hello at the Edmonton coin show but I was truly lost in looking at all the stuff there that I never noticed any booth names, next year I’ll try to pay more attention .

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