Property News · September 10, 2011

Old coins: strike gold with pre-decimal silver


If you have any currency minted before 1947, it could be worth 40 times its face valueDo you have some old shillings and half crowns stashed away in boxes or bottles? They might be worth rather more than you thought.The rocketing price of silver (it has doubled over the past year) means that coins minted before 1947 – which had real silver in them – are now worth 40 times their face value. Dealers will give you £1 for a sixpenny bit, popularly known as a “tanner” which, on decimalisation in 1971, turned from a 6d into 2½p coin. The old shilling coin, which became the 5p piece, is now worth £2 – actually beating the rate of inflation since 1971. Continue reading…

Source : theguardian.com
Read more…Old coins: strike gold with pre-decimal silver

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