Bullion and Precious Metals

Please contact us to find out our pricing and stock availability and to place an order. We do not accept orders online for bullion products.

Why buy gold and silver?

More people are buying into gold and silver now than ever before.  With the precious metals constantly in the news, people are beginning to realize the value of money protection.  Gold and silver are used as a store of value to hedge against social, political, and economic crises (especially those stemming from the use fiat currency).  The protections precious metals afford help retain the value of an investor's money, rather than simply grow it like a traditional investment does.

How do I buy gold and silver?

There are multiple methods to investing in gold and silver.  Each one has its own benefits and drawbacks.

Junk Gold & Silver

Coins made of gold and silver that hold no numismatic or collector value are considered "junk coins."  These coins, however, still hold value because of their metal content.  Buying junk silver and gold coins:

• Is a low-cost method of buying precious metals, with prices having little to no premium over the spot price
• Allows the purchase of smaller quantities and are more easily divisible than pure bullion coins
• Is highly recognized because each coin is legal tender, from a recognized mint

Common examples of junk gold and silver coins are:

Coins	Weight (in troy oz.)
Canadian Silver
Silver Dollar	.6
Silver Coins	.6	per dollar
Silver Coins (1967-1968)	.38	per dollar
US Silver
Silver Dollar	.773
Silver Coins	.715	per dollar
Silver Clad Coins (1965-1970 50 Cent Only)	.147	each
Canadian Gold
$20 Centennial	.529
$100 22 K (1976 Proof, 1977-1986)	.499
$100 14 K (1976 Unc., 1987-2003)	.250
$100 14 K (2004-Date)	.225
US Gold
Quarter Eagle (2 1/2 D.)	.120
Half Eagle (5 D.)	.241
Eagle (10 D.	.483
Double Eagle (20 D.)	.967
Foreign Gold
Austrian 4 Ducat	.443
French 20 Franc	.186
British Half Sovereign	.1177
British Sovereign	.2354

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold & Silver Bullion

The most recognizable and traded forms of precious metals are in the forms of bullion coins and bars.  Because the bullion is pure to a thousandths of of an ounce, they are traded at a premium over spot, whereas junk coins are not.  Bullion coins and bars are certified to be pure by a recognized assayer (e.g. Johnson Mathey, Engelhard, or in the case of coins the Royal Canadian Mint).

Tax Note:  According to Canadian sales tax rules, all pure silver and gold is sales tax exempt.  Impure coins and bars are not tax exempt, including the South African Krugerrand, despite its status as a bullion coin.

Examples of coins and bars pure bullion:

 

Gold Coins
Canada	Gold Maple Leaf
United States	Gold Eagle
South Africa	Krugerrand
Mexico	Libertad
Austria	Philharmoniker
Silver Coins
Canada	Silver Maple Leaf
United States	Silver Eagle
Australia	Silver Kookaburra
Mexico	Libertad
Bars
Johnson Matthey
Engelhard
Heraeus
Credit-Suisse
Valcambi
Mitsubishi Metals/Materials
Royal Canadian Mint
United States Assay Office

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A note about Unrecognized Bars:

Unrecognized bullion bars are bars or rounds of pure silver that have been assayed, but is not recognized by the commodity exchanges (see these links for complete lists of recognized gold and silver assayers).  These are bullion pieces that are still pure and traded as pure bullion, but with a lower premium.

So, how do I buy gold and silver?

Simply put, call us.  While we do carry precious metals in stock, it is too difficult for us to maintain a running inventory on our website.  We are frequently buying junk gold and silver, as well as bullion.  Contact us often to find out exactly what it is we have and what our price is.