Good deal only for even trade on fiat currency since its face value is $20.

It weights 7.96 grams which is .26 troy oz. For its silver content you are paying around $78 per troy oz which is around $46 over spot currently. It is more of a collectable. Still worth more than money IMO.

Yes, that was my thought too. Stick with 1 ounce mapleleafs. Its recognisable by any that would trade in silver. Sorry to rune your buzz

Your not ruining my buzz at all C5. My son and I collect coins, and this is the best deal for a pure silver coin out there. It's face value of $20 and cost of $20 means it will forever be worth $20 (assuming life continue's as it is now), and then can only rise in value as last year's release sold out in days, and is already trading for more than face value.

I am not looking for accolades nor trying to justify, just informing. If you are not interested, then that is fine. I appreciate Gravlore's detailed breakdown of value, and take it for that...your point I am unsure of, except to "rune your buzz".

It was an FYI post, if you don't want the information then I guess you could ignore.

Cheers
OffThePath

Oops. No disrespect was intended. That was an apologetic comment. We just wanted to share with you that 1 full ounce is at 32$ at the moment (with no where to go but up) as oposed to a quarter of that much silver for 20$. There is the collecter vallue and in the unlikely event of a silver value crash (wich has happened before but unlikely at this low price) your coin will still be worth 20

Oops. No disrespect was intended. That was an apologetic comment. We just wanted to share with you that 1 full ounce is at 32$ at the moment (with no where to go but up) as oposed to a quarter of that much silver for 20$. There is the collecter vallue and in the unlikely event of a silver value crash (wich has happened before but unlikely at this low price) your coin will still be worth 20

Appreciate that C5, perhaps I misread...

Cheers
OffThePath

Could someone please keep talking about 1 ounce maple leafs - pretend I'm in grade 5. Where do you buy one? How do you figure out it's worth? and anything else you would care to share.

1oz Maples I buy from http://silvergoldbull.com/ I know there are a lot of good retailers out there and many poor. My shipment came in as ordered and pretty fast. I heard in the USA they have sold out of 2013 silver liberties already.

Here is a direct link to silver maples. Well worth a few extra dollars in a roll to have the .9999 vs the .999 purity IMO.

http://silvergoldbull.com/silver-bullion-1/tubes/tube-of-25-x-1oz-2011-canadian-silver-maple-leaf-coin

http://silvergoldbull.com/silver-bullion-1/coins/1oz-2011-canadian-maple-leaf-silver-coin

As far as the worth of bullion I go to CNBC.com and near the top right of the page there are 5 tabs ( US/Europe/Asia/Oil/Gold)
click the gold tab and you get spot prices for Gold, silver and copper. By scolling over the "Markets" tab you will see a commodities area in which you can click as well.

Silvergoldbull should have prices listed on top of their site as well. Remember that delievery of real bullion has a premium over the GLD (gold) and SLV (silver) ETF's (Exchange Traded Funds) paper market, hence a larger price than spot.

Oh ya, and Silver especially can be a wild and volatile metal in the markets. I hold onto it no matter what. If I need it in old age then I guess I can cash some out at the right time TAX FREE. It is a storage of wealth plain and simple.

The extra cost makes sense - I would want the real thing in my hands too. That was very helpful. I want the big box - it's only $17 000.00 🙂 ...maybe I should just start with a few!

We had gold for a good while but when it got over a thousand, we took the profit, we have some gold, some silver and a small amount of gems.. and lots of rarer rock/gem/fossil

Funny story, so hubby's ma owned a rock and gem shop and Dh is by trade a geologist, and so he has a pretty good collection of things and so I decided that they are rocks and I would use some of the raw rubies/emeralds etc etc as the top rocks in the flowering pots in the windows, and this kinda ugly grey rock was placed into one, I didn't like it, and put it in a hidden spot, two days later its back out in the show off spot, so I move it again..

Finally, third time this happens, I pick it up and go to hubby to find out what the heck is so special about this huck of rock and as I am talking to him, I am kinda picking at this " cystral spot" on it, and he looks and me an say.. would you please stop picking at the diamond.. Turns out it was a rare peice of kimberlight from the first NWT diamond mine that had cracked so that the raw diamond was half in and half out of the rock.. needless to say, its still ugly but it has a place of honor on the shelves..

FG

I know that feeling well. 🙂

IMO. I agree, $20 for the 7.96 grams is more of a collector coin. I agree with cernunnos5, stick with the 1 oz. Leaf.

You can order 1oz silver Maples at any Royal Bank. You have to have an account so I opened a savings account and keep a tiny balance. When I order silver rounds, the teller tells me what the cost is going to be and then I deposit a cheque into the account. They take out the required amount and the coins come into the bank within a week. Shipping and handling is $7.00.

They always ask me why I want silver. I usually just say that I like the feel of it.

One interesting note: I asked how many other people ordered silver and gold at that bank and was told that I was the only one.

Okay, one more note: I order the mint's $20 silver coin for $20.00 for Christmas gifts. They come in a nice card and it is a great way to get relatives into silver.