Pre 47 UK silver coins are made from 50% silver and have, therefore, quite a high value. Here at MJ Hughes Coins we have been dealing in Pre 47 silver coins for some years and are pleased to offer this service to both trade and private clients.
If you are not a numismatist (Coin collector to the rest of the world), you maybe forgiven for not recognising the term ‘Pre-47 silver coins’. It basically refers to pre-decimal coins, including Crowns, Half-crowns, Double-florins, Florins, Shillings, Sixpences and silver threepences all dated 1946 and before.
Examples dated 1919 and before are even better, as they were made of sterling silver (92.5%, 0.925 fine), making them more valuable! Most of the coins issued are extremely common, so the price of these coins is very dependent on the daily price of silver.
Many dealers will pay a face value multiple, rather than giving a ‘price per gram’. This makes it easier for the seller to calculate the value of their coins.
For example, if we were paying 20 times face for pre-47 silver coins, this would give a shilling (Face value of 5p) a value of £1.
Please contact us on 01420 768161 where we would be delighted to offer you the best prices possible in relation to the silver spot price.
It is amazing how many people from 1947 up to decimalisation in 1971 sifted through their change, keeping back pre-47 coin examples.
Over the years, we have dealt with numerous sellers, many of which were old traders, who handled a lot of coinage on a daily basis.
If you have any Pre-1947 silver coins to sell, or would like to speak with us in more details, please get in contact:
Telephone – 01420 768 161
Email – firstname.lastname@example.org