Last updated: 18/08/2015 13:38:25
Value your coins with our pre-decimal silver coin valuation calculator
It’s very common to see dealers offering to purchase pre-decimal silver coins based on their face value. Typical deals offered are 8 to 10 times face value for pre-1947 coins and around 20 times face value for pre-1920 coins.
We receive many enquiries from customers who’ve worked out the face value of their coins & had a quote from a local coin buyer & then contact us to get a comparative quote. This can often be quite tricky for us, as we pay by weight and the customer won’t know the weight of their coins & don’t have sufficiently accurate scales on which to weigh them.
To solve this problem, we’ve produced a handy pre-decimal silver coin valuation calculator. All you have to do is enter the face value of your coins & we’ll calculate the estimated value based on our current silver payout rates. If you want to compare the amount we’re offering against a local coin dealer, you can enter their quote into our form and we’ll compare their offer with ours. We’ll even take into account your postage fees so that our comparison is a fair one.
From our own comparisons, we’re paying anything from 25% to 75% more than high street coin buyers. Our rates are clear and we pay out on the day we receive your coins.
All silver coins minted from 1920 to 1947 contain 50% silver. The remainder of the alloy mix is mostly copper with a small amount of zinc and nickel.
Due to the increasing cost of silver, the Royal Mint debased all silver coins in 1920 from 92.5% silver to 50% silver. From 1947, silver was removed entirely from all coins and replaced with a copper / nickel alloy mix.
All silver coins dated 1919 and earlier are 92.5% (Sterling) silver. The remaining 7.5% of the alloy is copper.
Demand for scrap silver is very high at present and our silver prices per gram reflect the strong market conditions.
We are currently paying the following rates for unwanted silver items:
We pay the same rates for hallmarked and non-hallmarked silver and we don’t charge testing or refining fees.
If you wish to sell your unwanted silver, our process is very simple.
We deal with all packages on the day of receipt. The quickest method of payment is for us to pay you direct into your bank account. All high-street banks are now part of the Faster Payments System, which simply means we can get the funds into your account within 1 hour.
See our main scrap silver prices page for a full breakdown of the prices we pay.
Unsure of the weight or type of gold you have? No problem! Simply complete our simple online claim form and send us your scrap gold for a free, no-obligation quote.
© Copyright Gold-Traders (UK) Ltd 2015. All rights reserved.
Company Registration Number: 6521732Registered Office: PO Box 3389, Swindon, Wiltshire, SN4 7WQ