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TheSilverMustFlow

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    Canada
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Everything posted by TheSilverMustFlow

  1. Thank you Stefan! Glad you approve, it's reassuring to hear that you think I made a good purchase. And I agree, purity doesn't matter - as you say, silver is silver. Pure, sterling, junk, it's all fine by me. I hope you're right that the value will increase over time - I have little doubt that the price of silver will keep going up, but it would be nice if, on top of that, such a beautiful set eventually became more prized by collectors. I feel it is undervalued at the moment. Also, I'd completely forgotten that the Montreal Olympics were when Nadia Comaneci obtained her historic 10
  2. UPDATE: I've bought the set! Ended up getting the guy to lower the price to about 0.25$ over spot, so I'm quite happy with the price and very happy with the set itself, it's gorgeous and in great condition. It also makes a nice change from buying the same tubes of generic rounds over and over again, while costing roughly the same as said rounds. So thank you all very much for your input! Reading your advice and opinions really helped me weigh all the pros and cons and make an informed decision, so I greatly appreciate it. Take care!
  3. That's good advice, thank you. I'd been leaning increasingly toward buying the set, but now you have me convinced. I agree, the silver content alone makes this worth it for that price. Much appreciated!
  4. Those are some very good points, thank you! I agree it's a beautiful set, didn't know they were proofs though, that's even better. Also, you mentionned "spot 925 price" - is that a different thing from regular spot price, or does that just mean I should factor in the 7.5% of the coins' weight that isn't silver? Just wondering, I'm fairly new to this.
  5. Good to know they're specifically good for stacking, as I have no real interest in their collectability. And the price is pretty reasonable IMO, but I'll see if I can't get an even better deal. Thank you!
  6. This is second comment on this thread telling me not to pay above spot, so I'll definitely consider doing that. I'll see if I can negotiate a lower price. Thank you!
  7. Thank you, I'll keep that in mind and see if I can get the seller to bring the price down. One factor to consider in my case, though, is that silver premiums in Canada are pretty ludicrous, and in the few months since I've started stacking, the best price I've ever found online was 6$ CAD over spot - and that was for generic rounds from an unpopular brand. So this seller offering me less than 2$ CAD above spot is pretty appealing. I'll see if I can get him to lower it, though. Thanks again.
  8. Thanks for explaining, this is very useful info - and I'm sorry you ended up selling at such a loss. Although in my case, the coins aren't milk-spotted at all, according to the guy selling them (I haven't confirmed this in person yet, though). His asking price comes down to 32.95$ CAD/ ozt (spot is 31.63$ CAD right now), which is roughly 1$ USD over spot, so I think in this case there's little chance of me taking too much of a loss if I resell it (barring the price of silver dropping dramatically, of course). And while I'm only interested in them for stacking purposes, I won't deny that t
  9. They are 925, a.k.a. sterling - 14 coins that are 24.3 g, and 14 coins that are 48.6 g. The set looks like this:
  10. I've had someone offer me a complete set of 1976 Montreal OIympics Sterling Silver Coins - all 28 coins in their original display box - for roughly 1.75$ CAD (about 1.40$ USD) above spot per troy once. Now I'm not much of a collector, more of a stacker, but that's over 30 troy ounces of pure silver at a little over spot, which I think is a pretty good deal considering current silver premiums, especially in Canada. There's also the fact that unlike bullion, these specific coins are taxable in Canada, so I'd save a lot in taxes by buying directly from this person. But I was just wondering i
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