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Replies: 10 / Views: 2,318 |
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New Member
United Kingdom
3 Posts |
Hi - appreciate some assistance I have recently acquired a number of pre decimal coins , and pretty clueless to their worth - suspect from research the only value will be in the silver content, grateful if someone could confirm this and suggest the best place to sell to maximise profit. Thanks Kev - PS I am located close to Glasgow. Summary of coins that I have - cheers Pre 1920 1920 - 1946 Half Crown 2 111 2 shilling 0 231 Florin 0 153 Shilling 1 619 6 pence 0 626
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Bedrock of the Community
United Kingdom
17905 Posts |
 You've got a lot of silver there! I haven't sold any pre-1947 silver coins recently, but I'm sure other forum members will have recommendations. If any of the coins are 'key dates' or in especially nice condition, it might be worth posting photos on the Forum before you dispose of them: it would be a shame to sell a coin with numismatic value for melt.
Edited by NumisRob 03/10/2021 05:15 am
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New Member
 United Kingdom
3 Posts |
Thanks - I have separated the coins by date - so I have this data so can upload file  
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Moderator
 United States
187940 Posts |
 to the Community! Your post was moved to the appropriate forum for the proper attention. 
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Pillar of the Community
United Kingdom
945 Posts |
From what I can see, the bulk of what you have is worth just the silver value unless any of the earlier ones are in exceptional condition. The 1838 half crown is an exception - they always attract interest - a picture of this would help us assess its worth. If you can spare the time, putting it up on ebay in small to medium size groups, properly photographed and described, will get you the highest return. Alternatively sell to a local coin dealer - he/she will obviously want to give you less than scrap value as they would need to make a margin. All else fails, put it into a local auction - you will have to pay commission, but it is amazing how often these lots go for more than silver value when buyers get bidding fever. The non-silver has very low value and most dealers have bucket loads of it that they can't rid of. Some banks still take some of it at face value.
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Pillar of the Community
Sweden
1078 Posts |
I've noticed that the Swedish demand for .925 silver half crowns is quite high and I think your 1898 piece would go for £15 in average worn condition (VG?). Your 1917 piece might go for £10. Otherwise I'd consider the cupronickel coins to be face value/bank deposit for best value, because shipping would chew up most of your return if you're selling them online (especially in bulk!). I'm not sure where would be a good place to sell off silver (especially bulk) but online might be your best option right now.
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Pillar of the Community
United Kingdom
735 Posts |
For a moment there I thought that too Paddy. It's actually 1898.
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Pillar of the Community
4628 Posts |
First of all  Take them to a dealer. Condition is everything, but I already scan that list and see most of the scarce dates like 1930 Halfcrown and 1925 and 1932 Florins are missing. . The Cupronickel unless perfect will be near worthless and the silver will be several hundred pounds in melt value. You are lucky to get such a hoard.  What I would do, is go through each date for each coin and choose the best example to start a collection and then sell the rest. Voila instant collection and a pile of money to build on it.  
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Pillar of the Community
United Kingdom
694 Posts |
Well and this is roughly scrap value alone is £3510 give or take a pound. I am sure there must be some nicer than just scrappers amongst them. I wouldn't take them to a dealer you'll not get much more above scrap . Onus now is on you if you have time to roughly price them. Obviously if you know nothing about coins it will be a hard task. As the guys have said the hey word is condition . Coins that look like they have just come from the mint will be the money makers . That doesn't include those that have been silver cleaned or cleaned in any way. That is a no no it will reduce the coins value by 50/70% the later if its been polished. Go to ebay put in the dates and check only the sold listings for that particular date and if it matches the condition of your coin. Look at a coin that is better condition and one that is in worse condition . It will give you some idea of the value. Not exact but in the ball park. you can just list the lot as the guys have said with some nice close pictures or in the denomination sets. Although there are many collectors who collect across the range of British coins many prefer a niche are like sixpences or shillings or florins etc So sell them like that as the price will be astronomical for 1 person if you have a to die for collection so smaller lots give a wider audience. Or If the coins are in extremely good order and we are talking What we call Extremely fine to almost as struck which it the top 1-2% of coins then you may need to find a local auction and see what they suggest. I would just love to be a fly on the wall right now  lol. Good luck and keep us posted 
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New Member
 United Kingdom
3 Posts |
Brilliant Thanks for all the assistance I will try selling some of the better condition coins through ebay , and see how I get on - with the knowledge that I have a decent value based on scrap content - silly question but to sell the coins for scrap metal worth, would I be taking to a local scrap merchant ? or are there specific businesses dealing with this ? Tahnks Kevin
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Pillar of the Community
United Kingdom
945 Posts |
Getting the best value for silver scrap is always a tricky game. The best way, if you have the contacts, is to sell to a bullion hoarder - they will generally give you close to full scrap value. Most jewellers will give a lot less. There are online companies that buy any precious metal for scrap - Pressman's is one name in the UK. They wont give quite as much as a hoarder, but close. Most silver scrap ends up at the assay office in London, but to sell to them you need to be a regular dealer and have an account. The online companies buy to sell on there. You will probably have to set up an account and provide security details as they have to avoid fencing stolen property.
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Replies: 10 / Views: 2,318 |
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