Hi Just Wondering If Anyone Can Give Me A Rough Value For Silver Queen

[Nathan]

Hi just wondering if anyone can give me a rough value for silver queen Elizabeth the queen mother commemorative coins 1994. 12 coins in total. In box with original receipts and certificates. And where would be best to sell them please.

[declanwmagee]

Got to be eBay, Nathan. If you want them sold quick, start them at 99p and let them find their own value. If you're happy to wait a bit longer, Buy-it-Now or Best Offer.

Value? No idea. Whatever you can get for them I suppose!

[Nathan]

Thanks for your reply do you know if these coins can be scraped for the silver?

[Rob]

That will be possible. Chris, the owner of the site, or any of us on the forum who are dealers would buy scrap silver, but ideally you want to scrap them locally as postage will rapidly eat into any margins and hence the price you receive (which will vary depending on the spot price). Where are you?

[Paulus]

Thanks for your reply do you know if these coins can be scraped for the silver?

If they have silver content certainly they can, are the 12 coins identical? Can you tell us what it says as to silver content and weight on the documentation?

Welcome to the Forum by the way

[HistoricCoinage]

I believe that Nathan has these coins.

[declanwmagee]

Well, there you go - shows how much I know about modern commemoratives. Well found, Clive. Don't listen to me, Nathan, listen to Rob, Paulus and Clive!

[HistoricCoinage]

Well, there you go - shows how much I know about modern commemoratives. Well found, Clive. Don't listen to me, Nathan, listen to Rob, Paulus and Clive!

I should mention there are no bids on that auction, though. So it's not necessarily an accurate reflection of their price.

[Nathan]

Historic coinage has got it bang on thanks for that.

[Nathan]

I'm in Manchester Rob.

[HistoricCoinage]

I'm in Manchester Rob.

Your neck of the woods, Rob.

[Paulus]

I believe that Nathan has these coins.

If that is what you have Nathan then the scrap value would be calculated as follows:

Assumptions:

• All 12 coins are Sterling Silver (92.5%)
• Silver price as at 19/09/2013 is $23.11 per troy ounce
• £/$ rate as at 19/09/2013 is 1.603

* Grams per Troy ounce = 31.1

Then the scrap value would be:

362.98g/31.1*23.11/1.603 = £168.26

But you should be able to get more on eBay if they are immaculate with the documentation

I hope that helps!

Edit: And as Rob says, if selling as scrap eliminating postage will help

Edited September 19, 2013 by Paulus

[DaveG38]

Well, there you go - shows how much I know about modern commemoratives. Well found, Clive. Don't listen to me, Nathan, listen to Rob, Paulus and Clive!

I should mention there are no bids on that auction, though. So it's not necessarily an accurate reflection of their price.

Mmm. Assuming these are sterling silver, then there's just under 12 ounces of silver. Current silver price is £15 approx, so scrap value would be around £180. Makes £175 look about right. Beyond this they have little value to a collector, since they aren't the kind of thing that most collectors want.

Edit: Paulus got there first and with a much more specific price at £168.

Edited September 19, 2013 by DaveG38

[HistoricCoinage]

I believe that Nathan has these coins.

If that is what you have Nathan then the scrap value would be calculated as follows:

Assumptions:

• All 12 coins are Sterling Silver (92.5%)
• Silver price as at 19/09/2013 is $23.11 per troy ounce
• £/$ rate as at 19/09/2013 is 1.603

* Grams per Troy ounce = 31.1

Then the scrap value would be:

362.98g/31.1*23.11/1.603 = £168.26

But you should be able to get more on eBay if as you say they are immaculate with the documentation

I hope that helps!

That much? If 10 are 31.47g of .925 then that's about £107 scrap plus another £17 for the lighter two.

[Nathan]

Thanks paulus and dave. they are all 92.5% Sterling Silver and mostly 31.47 grams

[Paulus]

I believe that Nathan has these coins.

If that is what you have Nathan then the scrap value would be calculated as follows:

Assumptions:

• All 12 coins are Sterling Silver (92.5%)
• Silver price as at 19/09/2013 is $23.11 per troy ounce
• £/$ rate as at 19/09/2013 is 1.603

* Grams per Troy ounce = 31.1

Then the scrap value would be:

362.98g/31.1*23.11/1.603 = £168.26

But you should be able to get more on eBay if as you say they are immaculate with the documentation

I hope that helps!

That much? If 10 are 31.47g of .925 then that's about £107 scrap plus another £17 for the lighter two.

I was assuming 363g @ .925

[HistoricCoinage]

I believe that Nathan has these coins.

If that is what you have Nathan then the scrap value would be calculated as follows:

Assumptions:

• All 12 coins are Sterling Silver (92.5%)
• Silver price as at 19/09/2013 is $23.11 per troy ounce
• £/$ rate as at 19/09/2013 is 1.603

* Grams per Troy ounce = 31.1

Then the scrap value would be:

362.98g/31.1*23.11/1.603 = £168.26

But you should be able to get more on eBay if as you say they are immaculate with the documentation

I hope that helps!

That much? If 10 are 31.47g of .925 then that's about £107 scrap plus another £17 for the lighter two.

I was assuming 363g @ .925

Same. Different spot prices and scrap merchants online. Various estimates range from £120 to £165. So somewhere around the £140 mark should be fair.

[Nathan]

Thanks for all replies I think I'll go down the scraping route as that seems an ok price.

[Nathan]

Can anybody recommend anywhere in Manchester?

[Rob]

I sent you a message