Those Canada coins have a tremendous premium. Not so much when they first come out but when the bullion dealers are out of stock easily a much higher premium coin and very liquid. Canada has security features built into that coin. I do not recommend anyone shave or damage their coin. This will absolutely ensure you will never get a premium over spot from anu collector. A Sigma analytics precious metal machine is best when in doubt.
when I buy on line metals, I mention that I am not buying their metal to keep, and that I am buying it to plate some parts in a higher standard, so, if you have questionable filled metals , that it would not be in their interest to send me that, but do welcome pure metals that may have dinks/dings/scratches, as that is okay, and I have always been handled great, and many are glad to have an avenue to get rid of their "blemished" metals to me, ans some even discount for the blemished or throw in a wee bit extra, for allowing the blemished sale...
one tip I can give as a former buyer and seller on ebay is if they are in china odds are it's fake. they make a lot of fake coins in china using little or no precious metals.
Silver futures price has fallen so fast in the last 16 weeks that dealers who bought silver at $18 an ounce months ago are not going to sell it to the public at current spot price of say $12 + their normal premium of $1 to 2. The ask price is going to be spot + $7 to10 premium.
How important it is to explain the divergence of the spot and physical price! Folks new to the market are slow to grasp the importance. I’m with you, precious metals are set for a rise for sure👍
Hey sreetips! Didn’t know you served in the NAVY. Thank you for your service! We currently have two daughters serving now. One is on the Nimitz and the other is on the Truman. Great to your support!
This physically hurt me to watch you scratch that coin.
Nice vid. I use weight and specific gravity for coins going in my collection. For some reason they lose value after i file them haha
Those Canada coins have a tremendous premium. Not so much when they first come out but when the bullion dealers are out of stock easily a much higher premium coin and very liquid. Canada has security features built into that coin. I do not recommend anyone shave or damage their coin. This will absolutely ensure you will never get a premium over spot from anu collector. A Sigma analytics precious metal machine is best when in doubt.
All you had to do before destroying the coin was weigh it. fake coins will always be lighter than 31.1 troy! What a waste!
That coin he just destroyed has a lot of security features. DNA maple leaf etched into it and the rays on the face of the coin.
when I buy on line metals, I mention that I am not buying their metal to keep, and that I am buying it to plate some parts in a higher standard, so, if you have questionable filled metals , that it would not be in their interest to send me that, but do welcome pure metals that may have dinks/dings/scratches, as that is okay, and I have always been handled great, and many are glad to have an avenue to get rid of their "blemished" metals to me, ans some even discount for the blemished or throw in a wee bit extra, for allowing the blemished sale...
5"24 - Argent is French for silver (and also "coin" or "money") - from Latin "argentum", meaning "silver".
wouldve been cool if u ground the whole coin into dust just to troll the coin collectors 😂 bet the comments wouldve been crazy
When you're local jeweler calls you to check some silver's authenticity. That's when you know.
one tip I can give as a former buyer and seller on ebay is if they are in china odds are it's fake. they make a lot of fake coins in china using little or no precious metals.
Silver futures price has fallen so fast in the last 16 weeks that dealers who bought silver at $18 an ounce months ago are not going to sell it to the public at current spot price of say $12 + their normal premium of $1 to 2. The ask price is going to be spot + $7 to10 premium.
How important it is to explain the divergence of the spot and physical price! Folks new to the market are slow to grasp the importance. I’m with you, precious metals are set for a rise for sure👍
I always get ads on Instagram selling one-ounce Silver Eagles for nine bucks! Why aren't those ads removed?
I’m from Montréal, Canada and « argent pur » simply means « pure silver ».
Why not use specific gravity instead of damaging the piece?
Can using a water displacement test be useful? I remember doing something like it back in Chemistry class.
Hey sreetips! Didn’t know you served in the NAVY. Thank you for your service! We currently have two daughters serving now. One is on the Nimitz and the other is on the Truman. Great to your support!
Thank you for all the invaluable knowledge.
Boy are those futures contracts being exposed now!
I like the 2021 Britannia 1 oz coins, they have a small hologram-like security spot.