Where do you get your junk silver (outside of CRH) ?

[Kaynos]

I tried CRH but in Canada it's really difficult, so instead i decided to buy junk silver. I tried ebay but between the fees and the shipping cost, i very rarely finds deal worth buying. Recently i placed an add in a local paper and i was suprised by the response. So far in the last 2 weeks i was able to purchase over 100$ face value of various 1967 or less CAN coins. So i'm curious, outside of CRH where do you guys buy yours junk silver ? Today i bought 340$ worth of 50 cents at spot price, here's a picture.

 

[fistfulladirt]

I try to pay less than spot when I can each month. Local shop. Craigslist no good here as the prices are outa whack, and I've been watching them for a couple years now. Once a month there's a show 30 miles from home and I can usually find decent deals.

 

[CoinFetcher]

Chase Bank accepts Can. coinage, and sometimes they sell it to me.

I buy all the dims and quarters, and look at other stuff. I have scored several silver halfs, quart., and dimes from USA bank, simply asking for their Canadian coinage.

I also ebay canadian coins - people are confused on the years, and i can almost tell silver from pics, ect.

 

[bill from lachine]

Kaynos,

Most local coins shops should have a scrap box of silver that they'll sell you for more or less melt value....there should be a couple of shops in the Quebec City area....it's worth a shot.

Regards + HH

Bill

 

[Myrick]

I use ebay, but have to do a lot of searching to buy for spot.

Got a 64half, 5 silver quarters and 5 silver dimes for $51 earlier today.

 

[silvershooter]

I'm looking for a good place to buy junk.

 

[Generic_Lad]

Where do I buy silver? Everywhere.

Garage sales, auctions, bullion shops, local coin shops, coin shows, etc.

 

[hotrod]

nice half dollars!

 

[jerseyben]

Just out of curiosity, what fees are you referring to when buying coins on ebay?

 

[Diver_Down]

Just out of curiosity, what fees are you referring to when buying coins on ebay?

I was wondering that myself. I think the OP is confusing seller fees. It costs nothing for the buyer. Many sellers offer free shipping.

Some sellers use a "lister" tool to bulk list their items. When doing so, your items are placed in a queue. Individuals who list directly with eBay surpass the queue and are listed at the time when you list. It is important when you are planning for your items to end on a Saturday night. Sometimes the queue can be backlogged. These bulk listing sometimes will end in the middle of the night. I snag silver that ends at 4AM to 5AM many times paying substantially below spot.

 

[silvershooter]

I was wondering that myself. I think the OP is confusing seller fees. It costs nothing for the buyer. Many sellers offer free shipping.

Some sellers use a "lister" tool to bulk list their items. When doing so, your items are placed in a queue. Individuals who list directly with eBay surpass the queue and are listed at the time when you list. It is important when you are planning for your items to end on a Saturday night. Sometimes the queue can be backlogged. These bulk listing sometimes will end in the middle of the night. I snag silver that ends at 4AM to 5AM many times paying substantially below spot.

I think you're correct, I wanted a Morgan so I bought from eBay paid 31 bucks and got free shipping no other fees.

 

[bigscores]

I don't buy junk silver, I pick through junk silver for items of numismatic value. I'd estimate I've laid out $5k over the past couple years on "junk" silver I could probably sell for $10k or so.

It's not all about white edges, sometimes it's about a leaf touching a letter, or a certain date/mm combo, or a nice toning pattern that would draw a strong premium...

 

[Kaynos]

Just out of curiosity, what fees are you referring to when buying coins on ebay?

I contacted several ebay sellers about the price they are asking for their silver. Most of them told me they had to pass the fee over to the buyer. Of course when you buy auction style you have a chance to buy for less but the competition is so hard on ebay at time, some peoples are willing to bid over the spot price. My point is simply that when you add these fees +shipping it's rarely worth it.

 

[CC-Hunter]

I've bought some silver locally from people selling collections, but that's rare. I've made offers to folks on craigslist but they are usually looking for more than melt and when craigslist is loaded with ads by folks looking to buy for 90% of melt it's not easy to find deals. I have had some luck on ebay, but that also takes work because silver typically sells for right around melt or a fair bit over (looking at selling prices plus any shipping charged). I've probably sold more on ebay than I've bought there. I probably wouldn't sell too much "junk" silver there since the price will typically be around melt and then there's the fees and shipping, but I find it's a good place to sell collectible coins that someone is willing to go over melt for.