A Brief Guide to British Silver Coins - Physical Silver Investment
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- เผยแพร่เมื่อ 5 ก.ย. 2024
- This is a quick guide to british silver coins. Milled coinage from around the early 1800's up until 1919 are fairly standard weights and sizes and consist of Sterling silver which is 92.5% pure the other 7.5% being made up of copper.
Although many coins have a numismatic value and worth more than their silver content alone, there are also those that are worn or defaced that still hold a good silver content.
Here is a brief summary of the 6 main silver coins, there are loads of others but they tend to sell more for numismatic reasons due to age, scarcity etc etc and I will do a video on some of these if there is enough demand.
Coin Weights and Silver Content.
Threepence
Gross 1.4 grams Silver 1.29 grams
Sixpence
Gross 2.8 grams Silver 2.59 grams
Shilling
Gross 5.7 grams Silver 5.27 grams
Florin
Gross 11.3 grams Silver 10.45 grams
Half Crown
Gross 14.1 grams Silver 13.04 grams
Crown
Gross 28.3 grams Silver 26.17 grams
@AnnoyedDragon A job lot of worn silver coins can be got fairly cheap, sure they are not so aesthetically pleasing but the silver content is still there!
@brightsun23 Thanks, I guess the best 20-46 silver t go for would be florins, half crowns and crowns as they have more silver content overall. Also try and buy them for as little over spot as possible. Numismatically the coins in better condition will be worth more. So if you are just going for the silver then worn out ones are fine. the rule I go by is anything dated 1920 to 1946 is .500 and anything dated 1947 onwards is 0.000 silver. Could test them I guess to be sure though!
@silvercelli I'm not too sure on the Indian Rupees but would say that Crowns are a good investment both numismatically and for silver content. You can pick up some bargains as well especially if the crown is rather worn, you can pick them up well under spot.
My God I love hearing a British youtuber's voice, its so refreshing to hear something like that, even though I hear one every day, being from England myself...
@raspberrybaggio Only if the sixpences are dated 1919 or earlier, anything after that up to 1946 is 50% silver.
I buy for silver content. Which is a bugger; because a lot of these coins sell well above their value in silver content, even if they are junk silver. So I average between spot price and what you pay for the bullion equivalent in weight. I do like their appearance so I don't buy coins too warn down though.
I'm quite jealous of America where they can buy so close to spot price, I wish they sold those great big silver coin bags our end that you see over there.
@raspberrybaggio 31.1 grams in a troy ounce and 28 grams in an avoirdupois ounce, but for silver and gold use troy ounce.
@AlamoCityCello well there is a vast diversity from the UK stretching back thousands of years. Are you thinking to invest for silver or numismatic reasons?
Which 4d coin? The first one is a 1838 groat with some wear but the 1881 4d coin is a Maundy issue. The George II coin is a sixpence.
@AlamoCityCello thanks
@danthegunman1 Nothing elaborate just a bog standard storage box.
@raspberrybaggio None, it's just cupro-nickel!
Nice one for that, I'm only startin out collecting junk silver coinage and your vid helped a lot.
Dear Sir, is a silver halfpenny ,King facing the left with ship on the back worth anything,.
Thankyou I would appreciate your reply.
Hi, if you could supply me with a picture of it or direct me to a pic on the web of a similar one, then I would gladly answer your question because the written description is not ringing any bells!
how do u store your coins
I have a 1919 half a crown is this of any value, just of interest as it's a metal detector find. I wouldn't sell it as its personal as it's my first little spill find. 6 silvers all together.
Around £10 upwards depending on condition
@@InsaneSeer it's fairly good. But I dlnt want to sell it. As it's a nice find.