South African 3p coins

[Citizen H]

Following on from my grandfathers Hoard......

A boot fair find would have been 1990's, 1933's up to 1953's.. theres some tarnish and what looks like undoing a screw with a few..

I know there's some 1960's Rands somewhere that came with the 3p's... I seem to think this was a haggle as they were believed to be silver... really hope to find these next....

I need to ask if the South African 3p worth keeping or move them on... I don't feel attached to them so its not a issue. thoughts views values? greatly appreciated.

many thanks "H" 

  

[Citizen H]

Ah, so it could be that they are half silver ?

as a comment was also mention..... 

SILVER COIN AN ASSET CLASS IN TIMES OF UNCERTAINTY......  crikey!

on a look of ebay... £2.50 ish each. 

Edited January 21, 2025 by Citizen H

[Mr T]

I thought the early ones were 80% silver but possibly the later ones were devalued to 50%. They should all be silver I believe.

[Citizen H]

On 1/31/2025 at 11:53 PM, Mr T said:

I thought the early ones were 80% silver but possibly the later ones were devalued to 50%. They should all be silver I believe.

I had a interested party and was advised the following......

Hi. I collect silver threepence's - the silver price is high. If you want to sell all you have I will pay spot 83p per gram ASW.

They are 1.41grams each.

1919 and earlier = 1.30 grams asw  1919 and earlier = £1.08 each

1920 to 1946 = 0.70 grams asw 1920 to 1946 = £0.58 each

my response is... 

so i'm still open to offers and even trades... cheers "H" 

 

 

Edited February 7, 2025 by Citizen H

[Zo Arms]

If he's happy to pay full spot price for the scrap ones, I'd snap his hand off. Still 83p. Just looked.

I don't think even the silver traders can sell at spot price. No margin for mark up or allowances for the price to fall.