1927 Half Crown - Question From A Guy Living In The States

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Author	Replies: 5 / Views: 1,347
Cody New Member United States 14 Posts	Posted 04/01/2013 8:21 pm So a guy I work with recently found out I was into coins. He brought in a 1927 half crown today. I noticed it was silver and I decided to look it up. It isn't going for much on ebay. Not even spot price for its silver content. It weighs half an ounce. I offered to buy it from him for $14, currently half the price for an ounce of silver. Does this seem like a good idea? I'm much more knowledgeable with USA currency, so I'm sorry if I sound like I don't know what I'm talking about. Long time lurker, first time poster! Report this Post to the Staff

Fuzzy317 Moderator United States 14463 Posts	Posted 04/01/2013 8:29 pm a 1927 Half Crown should weigh 14.138 grams, but is only 50% silver. That means it is just under 1/4 ounce ASW. Report this Post to the Staff
Pertinax Pillar of the Community United Kingdom 2135 Posts	Posted 04/01/2013 8:32 pm UK 1927 halfcrowns weigh slightly less than 1/2 a troy ounce and are only 50% silver. More info on http://www.coins-of-the-uk.co.uk/values/halfc.html Report this Post to the Staff
Kefiroth Pillar of the Community United States 1431 Posts	Posted 04/01/2013 8:37 pm First off, Secondly, the coin is only 50% silver. The silver content of British coins was lowered from 92.5% to 50% in 1920 due to financial troubles following the Great War. (silver was completely eliminated from coinage in 1947). So your half crown actually contains 0.2273 oz of silver. So assuming your coin isn't a higher grade (XF or better), the value is probably around $6.50. Report this Post to the Staff
Cody New Member United States 14 Posts	Posted 04/01/2013 10:09 pm Awesome, thank you guys. You saved me from over paying. Still going to take it off his hands though. Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 04/02/2013 02:18 am .500 fine British silver coins are made from 'quaternary metal' of four alloying metals which make up the composition: silver .500 copper .400 nickel .050 zinc .050 Report this Post to the Staff
	Replies: 5 / Views: 1,347

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