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 Replies: 8 / Views: 2,127 |
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Pillar of the Community
Australia
1610 Posts |
Hi all, This lot of UK silver is on auction. Given that I will look at sourcing coins from UK collectors down the track and that Aus coin collectors seem willing to pay more than what a coin is worth overseas, I would love your opinion on what this lot would be worth as a collector purchasing them in the UK. All the coins seem lower grade so thought I would throw a bid in knowing that if I don't win I could get the coins for the same price down the track from the UK. Thanks   |
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Bedrock of the Community
Australia
21786 Posts |
With the coins in this lot, it appears that some of them are copper nickel, some .500 silver, and some .925 silver. Without closer examination , they all appear to be common. Thus in this case, the nominal value of this lot would be the nett Actual Silver Value (ASW).
Insofar as sourcing coins from the UK into Australia, the costs involved with posting them to Australia have to be taken into account, relative to the value of the lot, and compare to buying the same thing in Australia.
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Pillar of the Community
 Australia
1610 Posts |
Thanks Sel. Yes, they are common coins and I did suspect it would be ASW. Postage should be within UK only as I have a good friend who has a bungalow in Wales. He and his wife usually holiday there each year and have bought back DVDs for me although that's been on hold since Covid.  |
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Pillar of the Community
Australia
1333 Posts |
ahh your like me :D, hoping for bargain or aleast something that other don't see much value in.
they all very easily source especially in the UK its only pre 1920's silver, my guess is ASW as well with the sixpence in high grades maybe get some sort of good premium. If you want to know what sort of UK coin go for good value above melt check the Downies and Nobles auction youll get alot of information.
Large crown in fairly good condition come up from time to time, also Maundy Set have large collector appeal also come up in Australian auctions. As for the modern UK mint set, well people ask for too much compared what they are actually worth way too many of them.
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Pillar of the Community
United Kingdom
945 Posts |
There is no cupro-nickel there that I can see, and just 2 threepences at 0.925. None are rare dates as already noted. By my calculation the scrap value is about £26 at the moment, but you can rarely get that unless you have an account at the assay office, so I would expect to sell them in the UK for about £20 all told. You may get more on ebay - there always seems to be someone who hasn't checked their facts and goes higher. Sold individually again you may make more but it may take a lot of time and effort. |
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Bedrock of the Community
Australia
21786 Posts |
Bid for this lot at the Actual Silver Value. The problem with this tactic is you most probably won't be lucky, but that is OK; a failed bid won't cost you any money.
When I buy silver of this sort it is almost my accident with an auction lot that has some individual coins of significant value, the other silver coins just come along for the ride. Auction lots of this sort are part of a collection that has to be disposed of, usually as part of an estate. In these sorts of situations, the extra silver coins that may be included in the lot, I usually regard as a free bonus.
The extra silver that comes my way that has coins of numismatic significance gets accumulated anyway, and get added to my silver stash, which, due it it's variety, can end up being an interesting collection of low valued silver coins in it's own right.
In this way, I just kid myself that I am accumulating lower valued silver coins for free.
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Pillar of the Community
United States
3343 Posts |
The bulk silver bargains I have gotten haven't been on the bay but in old brick-and-mortar coin shops. I emphasize old. Some shops keep binders full of foreign coins which haven't been updated for years. Many French common and not-so-common silver coins have come out of these priced below melt, along with real oddities, like a Guatemalan cob. Others throw their scrap purchases in a tub, a can or a sack and sell them for scrap+, without sorting out pieces like this  National coin dealers don't pay as much attention to the value of foreign coins as their own. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
03/24/2021 2:12 pm
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Pillar of the Community
4628 Posts |
I don't see any Cupronickel and 2 .925 sixpences, one of the worn 6d's is hard to date as the design is 1911 - 1927. I will err on the side of caution and say its 20s as it has a yellowish green tinge of copper wear.
Not hard to get a lot like this, the Florins are VF and the rest G - Fine+ all ordinary. I would pay no more than A$50 for it, I worked out in my head it has around 45 - 50 grams of silver in it.
None of those dates are scarce and thus no real numismatic value.
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Pillar of the Community
Australia
1610 Posts |
Update - Auction Ended at $61 plus $3.30 postage so $64.30 all up. I'm going to retire from ebay auctions for a while as coin prices are running too hot in Australia. Was looking at some 5 shilling coins from Jersey and Isle of Mann on ebay Australia. Bidding has already exceeded what can be purchased from ebay UK as BIN (including shipping) AND in better grades. Just crazy. |
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Replies: 8 / Views: 2,127 |
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Posted 03/23/2021 5:23 pm
