Scrap Value Of Pre 1950, Pre 1920 English Silver Coinage

[porkchop]

As it seems the price of silver is going through the roof do any AnswerBank members have any advice on where to sell a few ounces of English pre 1920 and pre 1950 silver coins. Or maybe would it be better to hold on further. Anyway any views on the subject would be appreciated.

[sandyRoe]

The half crown was a fairly heavy coin but as scrap it wouldn't be worth a lot. I'd keep them.

[honeydip]

You would be mad to go out and se;ll them unless you cant afford to eat or something. Its like all these we buy gold rubbish. They would buy it from you at a loss to you, wait for it to go up in value and then sell it themselves. Do your self a favour and put it in a draw and forget about it.

[Buenchico]

Silver is currently trading on international markets at around £18.90 per Troy ounce. Live prices here:
http://www.taxfreegold.co.uk/silverpricesall.html

The silver content of old English coins can be found here:
http://reviews.ebay.com/British-coins-silver-content-for-bullion-buyers?ugid=10000000001664130

Now all you need is a calculator (and to knock off a hefty percentage for the profit of whoever you sell to).

Chris

[MadMen]

Amazingly, I agree with honeydip.
Don't sell it unless you really have to.

[porkchop]

Buenchico, I agree with you about the "middle" men who give you a palltry amount and then make the big profit by selling on. Surely there is a way to go directly to the silver dealers. I have more than a "few" ounces, possibly over 20 ounces of NET silver after i took out the nickle percentage. Some advisors reckon that silver could top 150 dollars, but when!!!