FAQs
All signs point to silver remaining a good investment in 2024. This means it's a good time to both buy and sell silver. But as to what this means to you individually, it's always best to seek professional financial advice before taking action.
How to sell Canadian silver coins? ›
You can buy or sell silver coins and other physical precious metals using our convenient online store, or by contacting our team of highly trained precious metals specialists. Backed by our global information network, Kitco has proudly served our customers since 1977.
How do I sell my old Canadian coins? ›
SELLING IN STORE OR SHIPPING YOUR COLLECTION
In this way, Canadian Coin & Currency is better able to ensure that a qualified buyer will be ready to assist you. Appointments can be made by calling 1-888-236-2646 or by email [email protected].
What years are the most valuable Canadian silver dollars? ›
The 1948 Canadian Silver Dollar (known examples: 1000?)
Its listed mintage was 18,780 but only a few have survived. Because of the extremely low production and survival rate, this is known as the "King of Canadian Silver Dollars".
How can I sell my silver coins for the most money? ›
You have several options, including local coin shops, online precious metals dealers, online marketplaces, and direct sales to collectors. Rare coins are best sold direct to collectors who may pay a healthy premium. If you need to sell a large quantity of silver coins, then a dealer is ideal.
Should I clean my silver coins before selling them? ›
Cleaning old coins might seem like a good way to revitalise the appearance of a treasured item, but could in fact reduce a coin's value significantly, and should be avoided. Particularly in the case of old precious metal coins, cleaning them is most definitely not recommended!
Should I keep my silver coins or sell them? ›
It's important to keep an eye on market conditions and to be aware of any trends or patterns in the price of silver. If the price of silver is rising, you may want to hold on to your coins a bit longer in the hope of making a larger profit in the future.
What to do with Canadian silver coins? ›
Selling your old Canadian or international silver coins for cash is a great way to earn some extra money. Here at Canada Gold, we've been buying and selling silver coins for years, and we've established a solid reputation for being one of the most reliable and trustworthy silver and gold shops in the country.
How much are Canadian silver coins worth? ›
Silver Coins
Canadian Silver Coins | Price |
---|
1920-1966 Coins (80% pure silver) | $17.72/dollar $0.77/g |
1967 Coins (63% pure silver) | $13.95/dollar $0.61/g |
1968 Coins (50% pure silver) | $11.07/dollar $0.48/g |
1976 Montreal Olympic $10 Coin | $46.26/coin |
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How much is 1 oz of silver worth in Canada? ›
Silver prices today
Currency | Performance | 1 ounce (31.10 grams) |
---|
Swiss Franc (CHF) | 0.00 | CHF 26.43 |
Australian Dollar (AUD) | 0.00 | A$44.50 |
Canadian Dollar (CAD) | 0.00 | CA$40.47 |
Chinese Yuan (CNY) | 0.00 | CN¥214.56 |
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Most Canadian coinage is categorically inexpensive and easy to obtain from dealers who specialize in this material. However, some pieces are quite rare and valuable, with many of Canada's most sought-after coins commanding four or five figures. A few pieces even fetch more than $100,000!
What years are Canadian junk silver? ›
Junk silver is also called face value silver; these silver coins are actually the currency coins that circulated in Canada and the U.S. until the 1960s. Silver appeared in Canadian coins until 1967 while the U.S. stopped using silver in 1964.
How do I get rid of Canadian coins? ›
If you have unwanted Canadian coins, coins that U.S. banks and retail establishments won't accept, cash them in at Canadian Coin Exchange. Will buy your coins and convert them to U.S. cash fast and easy. Most U.S. banks do not accept Canadian coins. Canadian Coin Exchange does.
What is the holy grail of Canadian coins? ›
Bank of Canada Silver Dollar
The nickname of this is 'Emperor' and 'Holy Grail'. It is extremely rare as only pattern pieces existed, which were not meant for circulation. In 1965 it held a world record for being the world's most valuable coin. It is also the rarest in the country.
What Canadian penny is worth $400,000? ›
1936 Canadian "Dot" Penny
At a 2010 auction, a Canadian penny made headlines for fetching more than $400,000 USD. The reason for this high price tag was rarity. Only three such pennies are known to exist. What makes the penny special is that beneath the date, there is a tiny dot.
Are 1967 Canadian coins worth anything? ›
Coins from 1967 are all quite common, even in new condition, as a very large quantity were produced, and most were saved by collectors, and patriotic Canadians. So these are affordable to obtain, and fun to collect. The most valuable coin is of course the $20 gold, which sells for close to the gold value.
What silver coins are easiest to sell? ›
The Easiest Silver Products to Sell
Silver coins will prove the easiest to sell among bars, rounds, and coins since sovereign governments issue them. American Silver Eagles have been in consistently high demand over the last three to four years and are considered liquid even compared to other silver coins.
What should I do with old silver coins? ›
Refineries will purchase junk coins for their silver content to melt down. You may also be able to sell to local coin buyers, pawn shops, reputable silver-buying sites, and silver exchanges. These buyers may purchase your coins for melt value so you can get cash in hand.
Is it a good time to sell silver coins? ›
Current Market Conditions
Market analysts currently predict that silver will soon price higher than gold. As consumer confidence increases after the Covid-19 lockdown protocols, silver consumption is expected to be sky high. Right now, the coming months will be the best time to sell your silver to maximize your profit.
Is silver worth selling right now? ›
Current Market Conditions
Market analysts currently predict that silver will soon price higher than gold. As consumer confidence increases after the Covid-19 lockdown protocols, silver consumption is expected to be sky high. Right now, the coming months will be the best time to sell your silver to maximize your profit.
There are a number of reasons we find these precious metals scattered around our homes. The good news is, selling your silver and gold can be a win-win – your metals get rehomed or recycled, and you get the benefit of its current cash value.
Will old silver coins go up in value? ›
Silver coins possess a unique allure as their worth can appreciate due to the value of the silver metal, meanwhile their aesthetic appeal can further increase its value among collectors who appreciate a particular coin style. Plus, coin values increase based on scarcity (how rare the silver coins are).
How much is a 1776 to 1976 silver dollar worth? ›
According to the NGC Price Guide, as of June 2024, a Eisenhower Dollar from 1776-1976 S in circulated condition is worth between $9.75 and $11. However, on the open market 1776-1976 S SILVER Silver Dollars in pristine, uncirculated condition sell for as much as $7000.