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Pre 47 Silver. Anything here of value


Paul616

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Hi all,

I just got hold of these coins at a good price. (Less than spot for the pure silver content). I bought as scrap but anyone more knowledgeable than me see anything of value here? I can turn them all over to photograph the other side but won’t bother if you tell me it’s all scrap! 
 

Thanks,

Paul

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0A1810D9-7AE6-49D6-8D93-0BB08DD4408B.jpeg

FEBDB660-530D-4241-B166-BF9E47FAC05D.jpeg

3A60C677-675B-476C-A3C3-CF164BBFE74A.jpeg

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2 hours ago, Paul616 said:

Hi all,

I just got hold of these coins at a good price. (Less than spot for the pure silver content). I bought as scrap but anyone more knowledgeable than me see anything of value here? I can turn them all over to photograph the other side but won’t bother if you tell me it’s all scrap! 
 

Thanks,

Paul

1BCCEDD1-B8A5-4542-B0B9-60A1A679369B.jpeg

CE268B37-984E-45F4-B44A-497BCEB1A9A5.jpeg

0A1810D9-7AE6-49D6-8D93-0BB08DD4408B.jpeg

FEBDB660-530D-4241-B166-BF9E47FAC05D.jpeg

3A60C677-675B-476C-A3C3-CF164BBFE74A.jpeg

Likely scrap ( pretty sure seller will have scoured for rare/key dates etc) but in saying that if you had the patience to break down into smaller groups then you will achieve a small premium. 

I like to buy the pre-dip dip

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44 minutes ago, James32 said:

Likely scrap ( pretty sure seller will have scoured for rare/key dates etc) but in saying that if you had the patience to break down into smaller groups then you will achieve a small premium. 

Thanks. I bought just to add to my silver stack. I’m mainly after below spot, spot and close to spot silver (and gold). I’m convinced that FIAT currency is going to plummet in value at some point soon. I feel happier having some “real” money. As I’m still new to all this my thinking is as long as I stay close to spot I won’t make any expensive mistakes.

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2 minutes ago, Paul616 said:

Thanks. I bought just to add to my silver stack. I’m mainly after below spot, spot and close to spot silver (and gold). I’m convinced that FIAT currency is going to plummet in value at some point soon. I feel happier having some “real” money. As I’m still new to all this my thinking is as long as I stay close to spot I won’t make any expensive mistakes.

Very good strategy 😁

Although also try and grab some low premium but fast sellers for your exit strategy ( sovereigns and other CTG free coins)

Example....say you have an emergency ( touch wood) and you need a quick few hundred £ fiat

Seller a) has a sovereign or other applicable gold or low premium silver coin /bar for sale

Seller b) has £330 scrap silver

Both items will sell but which sells quickest to the largest audience??

 

Scrap silver has its place and many people collect it but ,just try and cover as many eventualities as possible 😁

I like to buy the pre-dip dip

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14 minutes ago, James32 said:

Very good strategy 😁

Although also try and grab some low premium but fast sellers for your exit strategy ( sovereigns and other CTG free coins)

Example....say you have an emergency ( touch wood) and you need a quick few hundred £ fiat

Seller a) has a sovereign or other applicable gold or low premium silver coin /bar for sale

Seller b) has £330 scrap silver

Both items will sell but which sells quickest to the largest audience??

 

Scrap silver has its place and many people collect it but ,just try and cover as many eventualities as possible 😁

Thanks for the advice. I started with some Britannia’s from the mint. I then discovered I could buy them from Europe VAT free. Since then I discovered The Silver Forum. I’ve mainly bought from here since then.

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Just now, Paul616 said:

Thanks for the advice. I started with some Britannia’s from the mint. I then discovered I could buy them from Europe VAT free. Since then I discovered The Silver Forum. I’ve mainly bought from here since then.

Yeah you will find some great deals on here with both silver and gold😁

I like to buy the pre-dip dip

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There's a few decent looking coins in there, it may be worth dividing your coins of this type into two piles; 'definitely scrap' and 'showing decent detail'. It can give you two different price points to sell at come the time. It may only equate to a few percent difference against the spot price but if you've accumulated tons of it by then you could do well on the private market 

Don't forget you often won't get spot price or even close to it selling low purity silver to a dealer as they factor in their overheads and a bunch of other stuff when paying out.

Check out Numista or any similar site (Numista' s database is great), the guide prices tend to be quite out of date but the info on mintages, rarities etc is a boon. 

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Check your Florins to see if you have any 1925 or 1932 coins.  They are scarce in any grade and should be worth more than spot.  1924 and 1926 are also probably worth more than spot to a coin collector.

In the same vein, check your Halfcrowns to see if you have any 1925 or 1930 coins.  These are also scarce.  1924 and 1926 are also probably worth more than spot to a coin collector.

 

In summary: 

1924, 1925, 1926 and 1932 for Florins

1924, 1925, 1926 and 1930 for Halfcrowns

Shillings - not so much.  1924 and 1925 again are scarcer than other years but not so much of a premium on these compared to the Florins and Halfcrowns.

Nice haul, regardless! 

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1 hour ago, Liam84 said:

There's a few decent looking coins in there, it may be worth dividing your coins of this type into two piles; 'definitely scrap' and 'showing decent detail'. It can give you two different price points to sell at come the time. It may only equate to a few percent difference against the spot price but if you've accumulated tons of it by then you could do well on the private market 

Don't forget you often won't get spot price or even close to it selling low purity silver to a dealer as they factor in their overheads and a bunch of other stuff when paying out.

Check out Numista or any similar site (Numista' s database is great), the guide prices tend to be quite out of date but the info on mintages, rarities etc is a boon. 

Thanks. I'll sort them out tommorrow. Some are very worn but some are pretty good.

55 minutes ago, Stuntman said:

Check your Florins to see if you have any 1925 or 1932 coins.  They are scarce in any grade and should be worth more than spot.  1924 and 1926 are also probably worth more than spot to a coin collector.

In the same vein, check your Halfcrowns to see if you have any 1925 or 1930 coins.  These are also scarce.  1924 and 1926 are also probably worth more than spot to a coin collector.

 

In summary: 

1924, 1925, 1926 and 1932 for Florins

1924, 1925, 1926 and 1930 for Halfcrowns

Shillings - not so much.  1924 and 1925 again are scarcer than other years but not so much of a premium on these compared to the Florins and Halfcrowns.

Nice haul, regardless! 

Great. I'll have a look!

I assume I should leave them as they are rather than try and clean them?

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