Author Topic: Purchasing Silver and Gold coins  (Read 12293 times)

0 Members and 4 Guests are viewing this topic.

Offline NObshere

  • Our Videographers
  • Pro Preppers
  • Pro Prepper
  • *****
  • Posts: 1367
  • Karma: 24
  • Gender: Male
  • Never give in to fear
    • YouTube Channel Prepper Madness
  • Country: Canada
  • Location: Alberta
Re: Purchasing Silver and Gold coins
« Reply #40 on: January 02, 2014, 08:39:22 AM »
It's just another move to make us dependant on a fiat global currency.
Never stop...

CanAm Videographer


Offline Greenguy

  • Campfire Member
  • Dignitary
  • ****
  • Posts: 511
  • Karma: 27
  • Gender: Male
  • Mr. Patches
  • Country: Canada
  • Location: Ontario
Re: Purchasing Silver and Gold coins
« Reply #41 on: January 03, 2014, 09:46:28 AM »
You could try London Gold Buyer.  They buy and sell gold and silver coin, jewelry and bullion.  They have offices in London and I think in Hamilton too.  Their price on silver looks to be a few dollars cheaper than other places.
http://www.londongoldbuyer.com/

Gravlore

  • Guest
Re: Purchasing Silver and Gold coins
« Reply #42 on: January 03, 2014, 10:41:21 AM »
You could try London Gold Buyer.  They buy and sell gold and silver coin, jewelry and bullion.  They have offices in London and I think in Hamilton too.  Their price on silver looks to be a few dollars cheaper than other places.
http://www.londongoldbuyer.com/

25 1 oz silver maples on londonbuyer came out to $659.00
25 1 oz silver maples on silvergoldbull came out to $611.00

Am I missing something Green? I want the best deal possible so this is not supposed to come off as snooty.

Offline Greenguy

  • Campfire Member
  • Dignitary
  • ****
  • Posts: 511
  • Karma: 27
  • Gender: Male
  • Mr. Patches
  • Country: Canada
  • Location: Ontario
Re: Purchasing Silver and Gold coins
« Reply #43 on: January 03, 2014, 11:00:37 AM »
Admittedly, I don't know much about buying gold or silver.  I was looking at their 1 oz silver wafers yesterday.  I made a mistake in thinking their sell price was their buy price.  You're right Grav, it's not the cheapest place to buy. 
I think I'll still use them because they are local and I can walk in and "cash and carry".  Then I don't have ship costs or a paper trail.  Sorry for the misinformation!

Gravlore

  • Guest
Re: Purchasing Silver and Gold coins
« Reply #44 on: January 04, 2014, 02:21:16 AM »
Much better if you can go straight to the dealer. I wish we had one but the closest is about a 3hr drive.

No apologies necessary Green. We are on the same team. I hope others send their dealers to this page since many are local and some may not know about them. Cash and carry is the most ideal IMO.


Offline tazweiss

  • Campfire Member
  • VIP
  • ****
  • Posts: 337
  • Karma: 11
  • Old Prepper
  • Country: Canada
  • Location: Alberta
Re: Purchasing Silver and Gold coins
« Reply #45 on: January 29, 2014, 12:39:44 PM »
I've noticed that several of these posts advocate buying silver online.  I suppose that would be fine if you're looking to maybe turning it over to the government.  People tend to forget that governments tend to confiscate precious metals when their coffers get tight. Remember, both the U.S. government and the Canadian government have done it before, who's to say they won't do it again.  Buying online leaves a documented trail to your doorstep.  Computer records, credit card records, etc., why take the risk.  If I buy silver, I go to a local coin shop and pay cash, I have yet to be asked for ID.  There are no records of how much, if any, silver I have.  If they don't know you've got it, they have no reason to come looking for it.
I never buy bullion, only coins.  There is a tax on bullion transactions but coins are considered legal tender and there is no tax on an exchange of legal tender.  Also, when you buy from the bank, you support a large corporation.  Buying from a local coin shop supports the local economy
Amateurs built the Ark.
Professionals built the Titanic.

Offline icrcc

  • Meeting 2014
  • Pro Prepper
  • *
  • Posts: 3533
  • Karma: 32
  • Gender: Male
  • Husky Dog
    • Preparing For The Future
  • Country: Canada
  • Location: Northern Ontario
Re: Purchasing Silver and Gold coins
« Reply #46 on: January 29, 2014, 05:01:11 PM »
That sounds like a sound approach Taz.
It may never happen. Best to be prepared just in case.

http://www.preparingforthefuture.org/index.php
http://ontariopreparedness.com/

Gravlore

  • Guest
Re: Purchasing Silver and Gold coins
« Reply #47 on: January 29, 2014, 05:38:03 PM »
I spend/give away all my silver once I get bored looking at it.

Offline above all, adapt

  • Global Moderator
  • VIP
  • *****
  • Posts: 403
  • Karma: 10
  • Gender: Female
  • AAA
  • Country: Canada
  • Location: Central Alberta
Re: Purchasing Silver and Gold coins
« Reply #48 on: January 29, 2014, 08:09:28 PM »
I spend/give away all my silver once I get bored looking at it.

yep,lol..
Give respect, get respect.

Above all, adapt

Offline Mountainman

  • Administrator
  • Pro Prepper
  • *****
  • Posts: 1821
  • Karma: 35
    • Mountainman's Mantra
Re: Purchasing Silver and Gold coins
« Reply #49 on: January 29, 2014, 08:40:50 PM »
Taz,

Wise strategy!

MM.

Offline M590a1

  • VIP
  • ***
  • Posts: 299
  • Karma: 5
  • Politically Incorrect
  • Country: Canada
Re: Purchasing Silver and Gold coins
« Reply #50 on: January 29, 2014, 08:46:37 PM »
Silver is highly undervalued and should be at around $100/oz according to many and would be an excellent investment it seems.  For me it's still all about useful items though.  High quality clean burning .22 ammo for example. >:D
If you have no sword, sell your cloak and buy one.

The world is not dangerous because of those who do harm, but because of those who look on without doing anything.

Offline tazweiss

  • Campfire Member
  • VIP
  • ****
  • Posts: 337
  • Karma: 11
  • Old Prepper
  • Country: Canada
  • Location: Alberta
Re: Purchasing Silver and Gold coins
« Reply #51 on: February 04, 2014, 02:00:15 PM »
Silver is highly undervalued and should be at around $100/oz according to many and would be an excellent investment it seems.  For me it's still all about useful items though.  High quality clean burning .22 ammo for example. >:D

Remember, gold and silver are precious metals.  Lead is only considered to be a semi-precious metal. ;) ;)
Amateurs built the Ark.
Professionals built the Titanic.

Offline NObshere

  • Our Videographers
  • Pro Preppers
  • Pro Prepper
  • *****
  • Posts: 1367
  • Karma: 24
  • Gender: Male
  • Never give in to fear
    • YouTube Channel Prepper Madness
  • Country: Canada
  • Location: Alberta
Re: Purchasing Silver and Gold coins
« Reply #52 on: February 04, 2014, 02:11:09 PM »
Silver is highly undervalued and should be at around $100/oz according to many and would be an excellent investment it seems.  For me it's still all about useful items though.  High quality clean burning .22 ammo for example. >:D

Remember, gold and silver are precious metals.  Lead is only considered to be a semi-precious metal. ;) ;)

But lead moves much faster...LOL
Never stop...

CanAm Videographer


Gravlore

  • Guest
Re: Purchasing Silver and Gold coins
« Reply #53 on: February 05, 2014, 05:28:21 PM »

Gravlore

  • Guest

Offline zeker

  • Pro Prepper
  • *****
  • Posts: 3519
  • Karma: 28
  • Country: Canada
  • Location: N Ont
Re: Purchasing Silver and Gold coins
« Reply #55 on: November 16, 2014, 05:34:08 AM »
interesting about the legal tender aspect.. I recently tried to buy a silver coin from the bank.. the price was decent but they wanted $10 + to give it to me.
 
so I will stick to kijiji and ebay
of all the things I,ve lost.. I miss my mind, the most