Kateykrunch Posted January 16, 2014 Share Posted January 16, 2014 Any advise on how best to sell a collection of pre 1947 silver coins (half crowns, florins, sixpences and threepenny bits). I know there are other posts regarding this, but they are rather dated, hence the new thread! Link to comment Share on other sites More sharing options...
oooo Posted January 16, 2014 Share Posted January 16, 2014 Any advise on how best to sell a collection of pre 1947 silver coins (half crowns, florins, sixpences and threepenny bits). I know there are other posts regarding this, but they are rather dated, hence the new thread! The rule of thumb was 10 times the face value. Some money shops and jewellers buy them. I sold some Florins for a pound each last year to a jeweller in batley. Just ring a few local shops and ask. Link to comment Share on other sites More sharing options...
Mecky Posted January 17, 2014 Share Posted January 17, 2014 The rule of thumb was 10 times the face value. Some money shops and jewellers buy them. I sold some Florins for a pound each last year to a jeweller in batley. Just ring a few local shops and ask. But the person buying from you must have ripped you off otherwise they wouldn't have bought them. It's not as though a shop will sit on them for 60 years letting them appreciate, they'll want a return straight away. Link to comment Share on other sites More sharing options...
geared Posted January 17, 2014 Share Posted January 17, 2014 Unless they are rare/collectable they might just buy them for scrap weight. So it's worth going round a few places first to get an idea of what the collection is worth. Link to comment Share on other sites More sharing options...
Pritt Stick Posted January 17, 2014 Share Posted January 17, 2014 Cross my palm with them and I will tell you your future. Better than a few quid, eh? Link to comment Share on other sites More sharing options...
oooo Posted January 17, 2014 Share Posted January 17, 2014 But the person buying from you must have ripped you off otherwise they wouldn't have bought them. It's not as though a shop will sit on them for 60 years letting them appreciate, they'll want a return straight away. Im sure they melt them down in such a way that separates the sterling from the other metals. To be fair, sterling silver jewellery isnt that expensive to buy, in relation to other precious metals. Ive never seen run of the mill coins for sale in a jewellers. Link to comment Share on other sites More sharing options...
anywebsite Posted January 18, 2014 Share Posted January 18, 2014 The rule of thumb was 10 times the face value. Some money shops and jewellers buy them. I sold some Florins for a pound each last year to a jeweller in batley. Just ring a few local shops and ask. You got done if they were pre-1947, that's less than half their scrap value. Link to comment Share on other sites More sharing options...
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