Thread: Silver!
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Old 02-20-2012, 09:04 PM   #137
LIKEABOSS
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Quote:
Originally Posted by MindBomber View Post
With the rising price of silver, whats the likelihood that collector value will eventually exceed the metal value?

Or, would you say, the collector value is a safety net in the event the price of silver crashes and not something that adds value to the top end?
I wouldn't make a big deal out of the "collector factor" because the Canadian Mint makes a gazillion Silver Maple Leafs a year. They are also available almost everywhere in Canada.

The only real places that people are willing to pay a premium for them is people who reside outside of Canada (Americans for example). But realistically, how much of your silver do you plan on selling to America? Probably very little and then you have to factor in the hassle (listing, shipping, billing, etc).

And when you factor in the extra value you get to buying bars, the difference is at best a wash.

Last edited by LIKEABOSS; 05-21-2012 at 02:59 AM.
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