Universal Coins
2440 Bank St # 3 K1V 8S1 Ottawa, ON, Canada
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Locality: Ottawa, Ontario
Phone: +1 613-737-3341
Address: 2440 Bank St # 3 K1V 8S1 Ottawa, ON, Canada
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Come see our Royal Canadian Mint melt sale! We've cleaned out the shelves, scoured our stockroom, and unloaded the vaults!! We are currently selling a significant quantity of Royal Canadian Mint commemorative coins either at or at a modest premium above the spot price of bullion!... Interested in buying a commemorative coin who's price has been out of reach? Perhaps you're just looking for an alternative to buying junk good and silver. Come into our store and ask to see our bullion value bin or check out the showcases. Any product specifically marked with its Actual Silver (or Gold) Weight, rather than a flat price will be priced on the spot for the market bullion value.
Re-opening Update: Good day everyone! I just wanted to give you an update on our plans fore re-opening the store. With the current roadmap for Ontario, businesses are now allowed to re-open with responsible social distancing measures put in place. What this means for Universal Coins is that we will be able to start allowing customers into the store with these new protections. It may seem a bit different now, with a limit of three people in our storefront at a time. This m...eans that customers who wish to peruse our catalogue of coins will be welcome to do so, but may be asked to finish up to allow for other customers. Customers may be asked to wait outside before they can be served. In addition, we will continue to allow for orders of coin supplies on our website and over the phone. If you know exactly what you're looking for, this will be the best course of action, as we will absolutely be providing curb-side pick-up of all orders. As we were before, we will continue to accept VISA/MasterCard credit cards and Interac, as well as cash. If you would like to take advantage of our curb-side pick-up service, we will have your items ready in about 24 hours and when you come to pick up your order, please call us from the parking lot with your car make and license plate number. Our customer capacity limit will also apply to appraisals. If you wish to have a collection appraised, we encourage you to call or email us to set an appointment. We also ask that you come see one person at a time, so as to accomodate our other customers. We are working to make our establishment safe for everyone in this post-pandemic world and we appreciate everyone's patience and accommodation. We will be open on Tuesday, May 19th at 10:30am and our hours of operation will resume as normal. We will see you then!
Just a small status update: We are all still doing well and hope you and yours are in kind. The Ontario government's Declaration of Emergency has been extended until May 12th, which means the earliest we can now expect to open our doors is May 13th. Hopefully this will be the extent of it, or that the rules for non-essential business are relaxed a bit.... In other news, the gold and silver markets are in completely uncharted territory right now. With most of the world's refiners (including the Royal Canadian Mint, Valcambi, Argor-Heraeus, and PAMP closed, but now having restarted production at 50%), the global supply chain has nearly ground to a halt. Our suppliers of gold and silver bullion are extremely limited in what they are willing to book, most of it coming down to "generic" bars that are .999 pure, but not produced from any globally recognized assayer. Further to that point, the closest estimate of delivery for any of these orders is a minimum of 8 weeks. What this means is that when businesses begin operations in earnest after the Declaration of Emergency, there is going to be a major crunch on supply for items like Gold and Silver Maple Leafs and there is no telling where the premiums for those items will be. Currently dealers that are selling (if they have any available) are asking for premiums of $8-10 above spot, where previously those premiums were closer to $3-4. We will be doing whatever we can in the meantime to try to meet all of the demand that is out there for a hungry market! In the interim, everyone be safe and keep an eye on this space for any new developments!
UPDATE: In light of the Ontario government's announcement to close all non-essential businesses, we will be closed entirely until April 7th. We will NOT be able to see customers on an appointment basis. Thank you so much for your understanding and please be well. We will see you when we reopen April 7th. UPDATE TO THE UPDATE: The Ontario Government has extended the state of emergency to April 13th and this includes the closure of all non-essential businesses. We will reo...pen to customers as permitted. UPDATE TO THE UPDATED UPDATE: In light of the Ontario government's announcement on April 4th to extend the closure 14 days, we expect to be open Monday, April 20th. We hope to see you then!
Amidst the COVID-19 pandemic, we've all been facing uncertain times. We have decided to interact with customers by appointment only until March 30th. Please be safe and be cautious and look out for one another.
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