any pre 1947 experts

[craig12]

could anyone help please, what would be a decent price to win a bid on e bay on pre 1947 half crowns?

ive tried a metal conversion chart but some dont go to .500  roughly i get the melt/spot value to about £2.62 

am i way out   

obviously e bay will offer coins in all numbers  sets of 8,11,23,etc etc   , i understand theyres different grades , but if we say the coins that are quite readable and not the ones that have been badly smoothed 

 

does anyone knoe what a fair bid would be on 10  pre 1947 half crowns   exc delivery

 

regards 

[HighlandTiger]

For 0.500 silver you can get it at about 5-10% over spot if you are prepared to wait for the right price,

 

At current spot 0.500 half crowns are worth about £2.30, but they can be a lot less if they are worn.

 

Most auctions give total weight of coins by grams. and currently spot is about 16p per gram of 0.500 stuff

 

 

The pre 1920 .925 stuff is going for stupid money well over spot, and you can often buy bullion 0.999 coins cheaper per oz.

[craig12]

many thanks for that   16p per gram info 

regards              so in short best value will be 1921-1946

is a florin also .500   theyre often listed together

[HighlandTiger]

many thanks for that   16p per gram info 

regards              so in short best value will be 1921-1946

is a florin also .500   theyre often listed together

 

0.500 silver

 

weight in grams   current value 

 

      1.41                    £0.23         Threepence 

      2.83.                   £0.46         Sixpence

      5.66                    £0.92         Shilling 

    11.31                    £1.84         Florin

    14.14                    £2.30         Half Crown

    28.28                    £4.59         Crown 

[HelpingHands]

Here is the non worn weight (change to pounds).

http://www.bullionspotprice.com/silver

The thing is circulated coins could be 20% underweight so its best to go off the actual weight.

You can use the calc at the bottom

http://www.bullionspotprice.com/jewelry-valuation

[Shamatti]

This is also a useful calculator for coins of odd sizes (I recently picked up some coins which were 68% silver!!)

 

Enter the weight in g or kg

Enter the purity

Enter the current spot price

 

It works everything else out for you!

 

http://coinapps.com/silver/gram/calculator/

[SilverPirate]

Well it looks like have been paying well over the top this week for my two 3D's i have picked up .That's the end of that foray into sterling.

[Stu]

Silver private, you need to dig deeper, o er

[SilverPirate]

I have looked round car boots but people get up at the crack of a sparrows fart and beat me to it.I have never found silver coins at a car boot that are sold by the general public.I can not find any local dealers selling reasonable price coins. People know what they have got and want silly money.If i come across it at a good price i will have it but i am not actively seeking it now.Going to save my money for a bigger .999 order.

[craig12]

i know this is the dumbest question 

are all the florins and half crowns genuine ?  or will our copier friends have been making any in china to look like old pre 1947 stuff

[HighlandTiger]

i know this is the dumbest question 

are all the florins and half crowns genuine ?  or will our copier friends have been making any in china to look like old pre 1947 stuff

I would say that 99.999999999999999999999999999999999999% are genuine,

 

It wouldn't be worth their while to fake 0.500 silver coins. 

[Danny-boy]

i know this is the dumbest question

are all the florins and half crowns genuine ? or will our copier friends have been making any in china to look like old pre 1947 stuff

I think your best bet is to assume that any coin is faked somewhere, so do your due diligence just as you would with any other coin.

Unlikely with some coins / silver contents, but still possible.

[SilvergunSuperman]

I've been looking on ebay recently at the old .500 silver coins and I can't believe the prices they go for. It can't just be collecting value because it's the same for very worn and beaten up coins sold as scrap. Even buying in bulk, 100 coins or so, you're lucky if it works out at double the spot price. Not too tempting when even in the UK with VAT you can buy nice new .999 for 50% over spot.

[craig12]

i am no expert but i would have thought unless theyre coins in very fine condition , then if you cant get them for near spot then leave well alone

i viewed a you tube vid of uk dog soldier 1973 on his recent purchases of pre 1920 half crowns,  i love his vids but he never tells you how much he managed to get any of his items for arghhhhhh

[Danny-boy]

I've been looking on ebay recently at the old .500 silver coins and I can't believe the prices they go for. It can't just be collecting value because it's the same for very worn and beaten up coins sold as scrap. Even buying in bulk, 100 coins or so, you're lucky if it works out at double the spot price. Not too tempting when even in the UK with VAT you can buy nice new .999 for 50% over spot.

You need to be very patient with eBay, and make plenty of Ebay contacts. I have bought coins at spot and below, but it takes plenty of leg-work.

I bought almost a kilo of 0.800 coins for under spot recently, but it was through a trusted contact that I have spent many hours nurturing a relationship with.

The deals are there to be had, but don't expect to find too many BIN's at spot.

[craig12]

some are almost so smooth you cant see the date  and they go for above spot/melt  some job lots are almost a perfect smooth grey look  and its very hard to tell any detail 

[craig12]

after £2.20 per half crown let the collectors buy em  as the dragons say ............im out

[HawkHybrid]

there's this time when I asked a seller if they had any

silver coins for spot. the reply was why would people

sell it on for spot?

 

there are overheads and costs to pay as well as

turning a profit. volume buys could be 3% above spot

which should be used to determine a reasonable

price to pay.

 

HH

[Danny-boy]

there's this time when I asked a seller if they had any

silver coins for spot. the reply was why would people

sell it on for spot?

there are overheads and costs to pay as well as

turning a profit. volume buys could be 3% above spot

which should be used to determine a reasonable

price to pay.

HH

I can understand that.

I don't know how much under spot places like "we buy your gold" pay, but people that sell under spot must do it as a favour or because they paid a lot less for the coins in the first place.

[craig12]

i have a basic comparison and thats hgm  they seem to price bullion at +14% for large deals and +23% for small trades  everyone raves about how fare they are so if you take into account their fair pricing and then whack 20% vat on  i figure if i can get some silver at melt +20 % vat  missing out the premium  or melt plus 23% but no vat  then im buying less than hgm    that makes sense dont it 

and not forgetting £6.50 del charge

[Danny-boy]

i have a basic comparison and thats hgm they seem to price bullion at +14% for large deals and +23% for small trades everyone raves about how fare they are so if you take into account their fair pricing and then whack 20% vat on i figure if i can get some silver at melt +20 % vat missing out the premium or melt plus 23% but no vat then im buying less than hgm that makes sense dont it

and not forgetting £6.50 del charge

Craig, just buy what you want for as cheap as you can. This may mean some hard work and networking to get the best prices. I have a number of contacts from eBay that email me before they list, and give me well below the eBay price they were planning to list at (less than listing minus eBay fees and PayPal fees). They get instant cash without quibble, I get cheaper coins.

Don't tie everything up in your mind around spot price (melt price). Sometimes you can buy at spot, sometimes you can't.

Generally, unless you hugely over pay for something, you should get the "over-spot" value back, same goes for VAT.

[Ares]

i have a basic comparison and thats hgm they seem to price bullion at +14% for large deals and +23% for small trades everyone raves about how fare they are so if you take into account their fair pricing and then whack 20% vat on i figure if i can get some silver at melt +20 % vat missing out the premium or melt plus 23% but no vat then im buying less than hgm that makes sense dont it

and not forgetting £6.50 del charge

Most people seem to get gold rather than silver from HGM though, would recommend other outlets for silver.

[craig12]

many thanks danny  i have a guy that says he will sell me a sterling silver stamp 74g at £30 all in he had it up at £89 bin its one of those pobjoy thingies a queens memorial stamp or summat  measures about 2 inch x 1 and a half inch  with a  coa  he says if it dosent sell at £89 then i can have it for £30  i offered him melt at £23 but he wouldnt take it      i know where youre coming from

[Danny-boy]

many thanks danny i have a guy that says he will sell me a sterling silver stamp 74g at £30 all in he had it up at £89 bin its one of those pobjoy thingies a queens memorial stamp or summat measures about 2 inch x 1 and a half inch with a coa he says if it dosent sell at £89 then i can have it for £30 i offered him melt at £23 but he wouldnt take it i know where youre coming from

Yes, and that's probably one of the sort of things that will be around melt. I know lots of work went into it, but it's generally fairly undesirable to the masses I would have thought.

If you can get it for £30 then I'd say go for it, you'd probably be able to get more than that back after fees on an eBay auction (practically guaranteed).

One word of advice is to keep contacts sweet. Only offer spot to contacts you are not that bothered about. I have often paid more than I wanted to trusted contacts to build a relationship and the cheaper coins came after. It's all a game.

It may make a difference that I have become more of a collector, whereas you are still a stacker in my opinion (not a slight on you at all, it's just that when you start collecting then spot goes without regard).

I made a contact on eBay that has an address in Australia but lives in the UK, he buys all new releases from the Perth Mint and ships them to himself in the UK. He must have a business account with them or something as he often sells to me at way less than the PM price, shipped to my door. It took a long time to get him on-side, but I'm glad I put the effort in.

On the odd occasion he lists on eBay without contacting me, he always gives me 20% plus off when I message him - his prices are pretty keen anyway.

[craig12]

i e mailed a guy the other day about the international bank ingots on e bay  he had it on at £799 bin a rare set as i understand i think i offered him less than melt price but the item looked to be sticking in a big way  no bids 

its a funny old game   yhey want your cash but they dont if you know what i mean

 

i think the melt was £626  very confusing as i couldnt work out the weight of the set  they described it in grains