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Numi value of Canadian silver dollars?

PostPosted: Wed Jun 26, 2013 3:50 pm
by scyther
http://www.providentmetals.com/1958-196 ... llars.html

For some reason, Provident metals is selling AU silver dollars for less than fractional 80%. Is there any potential numismatic value in these? The mintages are lower than American silver dollars. Any chance these will hold value if silver falls more, the way US silver dollars have?

Re: Numi value of Canadian silver dollars?

PostPosted: Wed Jun 26, 2013 4:02 pm
by jesse1111
I don't know about that. I did pick up 10 that came in this week. They had light bad marks and a few light scratches but were as described. I recieved 4 Canoes and 6 1964 commeratives, no loonies.

Re: Numi value of Canadian silver dollars?

PostPosted: Wed Jun 26, 2013 8:09 pm
by Know Common Cents
I'm convinced there's some numismatic value in the Canadian silver bucks. The ones from the mid-1930s are especially appealing, but you'll pay more (and usually much more) than bullion for those unless they're true dogs.

Anyway, I've found a couple of sources locally where I can pick my choice at a melt or near melt price. I go for the commems as they stand the best chance of appreciating beyond their intrinsic value. The 1967 goose dollars are especially popular and I'd go out of my way to keep acquiring a supply of these AU-BU coins. Next is the 1958 and followed by the 1964. Infrequently, you may have an opportunity to buy a 1949 or 1939, so don't pass those up either.

In the "old" days I was able to buy Canadian silver $ at US 3$ each. Might be able to get them now at about 10$ each and I'd buy all I could at that price point. Hope not, but we may reach a point again where the collector value of these and other coins is greater than the bullion value. Again, this represents another ride on the "Way Back Machine," but it's best to be prepared for all scenarios.

Re: Numi value of Canadian silver dollars?

PostPosted: Wed Jun 26, 2013 8:30 pm
by ZenOps
Numi value for 1963 to 1966 for all Canadian coinage is very low, as Canada produced several plastic pliofilm mint sets. I can readily get MS for just a smidge over spot.

http://en.wikipedia.org/wiki/Canadian_silver_dollar

There are no mintage years 1940, 41, 42, 43, 44. The gaps kind of are a bummer to any completist, and the 1940's are so rare that only a truely dedicated collector would ever have them.