Hi ho silver!
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I just don’t have the patience to save this stuff. I’ve seen how much time gets sucked through probate when silver or gold gets listed on an elder’s nventory.
Is there any one on this board who has an opinion on cash vs melt value for not so rare U.S. eagle dollars? I’ve delayed finding a coin dealer for 5 pretty ones (they could be uncirculated; are in sleeves) & 3 others because I have to travel to a sketchy part of town, but, … if melt value is close to their face value, I can easily find a silver dealer.
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Face value of a US silver eagle is technically $1, but I think I know what you mean. Like the value when the silver is in coin form. Vs the value of the pure silver. There would probably be at least a 5% difference, maybe 10.
I suggest finding a reputable and large online dealer and locking in a sale. You just make a call and the deal is finalized, then you ship them your coins and they wire you the money after they receive it.
Not sure if it makes sense for you to try to find an online place in Canada, but if US is ok, you could use SDBullion.com.
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Yes, @horace , you are right. Not face value.
I’m pretty sure these are late 1960s early 1970s dollars. My godfather gave them to me as a kid and he had a bank in Montana. One is a different side facing eagle. I should look them up, weigh them, see what the purity is with these things. -
I bought a bunch under 2k also. I have sold some. Maybe I have 135oz left or something like that.
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The real lesson from this selloff is not about direction or valuation. It is about liquidity — and what happens when too much capital tries to exit the same “safe” trades at once.
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The Grand Emperor Hotel in Macau said it had ripped up the real gold bricks from its distinctive lobby floor and sold them for around US$13 million, cashing in on the metal’s market surge.
Opened in 2006 in the semi-autonomous casino city, the hotel was known for its opulent “golden pathway”, showcasing dozens of one-kilogram bars of gold studded into its entrance hall floor.
