CIBC Canada now sells gold and silver.

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

CIBC Canada now sells gold and silver.

Postby ZenOps » Sat Oct 19, 2013 10:09 pm

Just visited my local branch, they had a pamphlet that they were selling RCM bars, coins and certificates.

That makes three of the big five banks in Canada that now sell silver and gold bullion. Scotiabank (scotiamocatta), TDbank, and now CIBC. Royal bank and BMO are the only ones that don't.
Beaver collector
User avatar
ZenOps
Penny Collector Member
 
Posts: 402
Joined: Sat Sep 10, 2011 7:00 pm

Re: CIBC Canada now sells gold and silver.

Postby BlackOut » Sun Oct 20, 2013 12:20 am

What kind of premiums do you see from the banks? Similar to apmex or provident metals?
BlackOut
Penny Collector Member
 
Posts: 374
Joined: Mon Jul 04, 2011 11:01 am

Re: CIBC Canada now sells gold and silver.

Postby Morsecode » Sun Oct 20, 2013 8:35 am

I wish TD here in the States would implement that. :P
Let's Go Brandon Kamala
User avatar
Morsecode
Too Busy Posting to Hoard Anything Else
 
Posts: 4142
Joined: Thu Feb 10, 2011 10:04 pm
Location: Southern New England

Re: CIBC Canada now sells gold and silver.

Postby Copper Catcher » Sun Oct 20, 2013 9:18 am

ZenOps wrote:Just visited my local branch, they had a pamphlet that they were selling RCM bars, coins and certificates.

That makes three of the big five banks in Canada that now sell silver and gold bullion. Scotiabank (scotiamocatta), TDbank, and now CIBC. Royal bank and BMO are the only ones that don't.


Does the RCM still produce one ounce silver bars? I thought they stopped that in the 1980s, you can't find them anywhere. If they do I would be interested in knowing the price.
User avatar
Copper Catcher
Too Busy Posting to Hoard Anything Else
 
Posts: 5206
Joined: Sat Jan 26, 2008 3:00 pm

Re: CIBC Canada now sells gold and silver.

Postby ZenOps » Sun Oct 20, 2013 5:16 pm

Gold coins and bars are Royal Canadian mint up 1/10th to 100 ounce.

Silver coins are maples, silver bars are Sunshine mint up to 1000 ounce.

Haven't asked on pricing yet, but fully expect them to be worse than the LCS.
Beaver collector
User avatar
ZenOps
Penny Collector Member
 
Posts: 402
Joined: Sat Sep 10, 2011 7:00 pm


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 48 guests

cron