Rob Posted June 18, 2015 Posted June 18, 2015 (edited) I picked up a load of 500 silver sixpences for the pot today. As they were pulled from circulation by a market stall holder at around the time of decimalisation I thought there may be some value in counting the populations before going for melt. The total no of coins is 400. Results as follows1920 41921 111922 51923 -1924 31925 51926 61927 61928 191929 211930 181931 111932 51933 151934 51935 101936 271937 151938 91939 201940 191941 101942 361943 341944 341945 271946 25The 925 was nowhere to be found, so figures are unavailable before 1920. The highest grade was a bit better than VF. Edited June 18, 2015 by Rob Quote
jaggy Posted June 18, 2015 Posted June 18, 2015 No surprise about the 1923.Thanks, Rob!Just as well that I have 4 of them Quote
VickySilver Posted June 18, 2015 Posted June 18, 2015 Ah yes. Nice Unc. with full struck lion's snout and decent obv. are available but IMO should get a bit more of a premium..Oops, sorry to derail thread. Quote
ozjohn Posted June 19, 2015 Posted June 19, 2015 Just as a matter of interest how much do you get / oz. for .500 scrap silver. Quote
Paulus Posted June 19, 2015 Posted June 19, 2015 Current commodity price is 16.10 USD per troy oz so 8.05 USD per Troy oz for 0.500, or roughly £5.07 or AUS $ 10.38 Quote
Rob Posted June 19, 2015 Author Posted June 19, 2015 Generally speaking it isn't worth keeping 500 in less than EF for the smaller pieces or VF for the larger ones. Even the so called rare dates in low grade need to be melted to get a sensible return, witness the 4000+ 1925 halfcrowns in Noble's sale a few years ago that were bulked up into 10 lots, with only one single coin lot.500 doesn't easily sell on ebay unless it is labelled unc, so the best way to realise any value is to scrap it, given the hefty chunk that disappears in eBay fees. Quote
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