Melt or Sell silver coins
- Thread starter Tillek
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Ones in good condition can be sold for a better price , check on E-bay , it is a good guide . If they are badly worn , they can also be sold on E-bay for scrap . Depends how much time you want to spend messing with them .
I would try to sell a number at a time , say 6 or so .
I would try to sell a number at a time , say 6 or so .
Australian pre-decimal silver coins minted between 1910 and 1945 comprise 92.5% pure silver (aka sterling silver).
Later dates contain 50% silver.
When decimal coinage was introduced in 1966, the circular 50 cent coin contained 80% silver.
Later dates contain 50% silver.
When decimal coinage was introduced in 1966, the circular 50 cent coin contained 80% silver.
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More than likely they are just scrap so sell them as scrap at spot with free postage that should shift them quickly and maybe google so to speak looking for any rarer ones and condition is everything.
Coins worth weight in gold | Daily Telegraphwww.dailytelegraph.com.au news national news-story
Mar 9, 2008 And the metal content of our 10c, 20c and 50c pieces is now worth more than the metal in the $1 and $2 coins. But anyone who thinks melting down coins could be a clever money-making venture has been warned it is illegal to melt currency and heavy penalties apply.
They are the rules......
Mar 9, 2008 And the metal content of our 10c, 20c and 50c pieces is now worth more than the metal in the $1 and $2 coins. But anyone who thinks melting down coins could be a clever money-making venture has been warned it is illegal to melt currency and heavy penalties apply.
They are the rules......
Jaros said:Coins worth weight in gold | Daily Telegraphwww.dailytelegraph.com.au news national news-story
Mar 9, 2008 And the metal content of our 10c, 20c and 50c pieces is now worth more than the metal in the $1 and $2 coins. But anyone who thinks melting down coins could be a clever money-making venture has been warned it is illegal to melt currency and heavy penalties apply.
They are the rules......
yes but he's not melting modern coins.
