The price of silver has skyrocketed over the years and silver coins are now worth a lot of money. When we look at British coinage history, we realise that coins minted after 1947 contain no silver and therefore aren’t that valuable. These pre-1947 coins are now worth more than 40 times in value, depending on their silver content and their rarity. In general, any coin that was coined before 1947 is worth a lot more than their face value. For example, coin dealers do offer a pound for a sixpence coin minted before 1947. However, in this article, we will look at the silver coins made before 1947 that’s actually worth looking for and collecting.
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Pre-1920 silver coins are made using 92.5 % real silver and the ones made from 1920 to 1947 had 50% silver. These coins can, therefore, be sold as bullion. A good starting point in identifying dealers is to check out the British Numismatic Trade Association (BNTA).
Here’s a list of 6 great British silver coins from yesteryear that are valuable and boasts of fine grade silver.
At Physical Gold, we have a team of expert numismatists who can help you make the right investments in British silver coins. Although many of these coins aren’t necessarily priced in thousands, they are sure to get steadily dearer with the passage of time (e.g. like modern-day Sovereigns and Britannias). With silver prices steadily climbing, and the rarity and collectable value of these coins increasing, now is a good time to invest in British silver coins and hold them for the long run. Call our team on 020 7060 9992 or email us to find out more.
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Daniel Fisher formed physical Gold in 2008, after working in the financial industry for 20 years. He spent much of that time working within the new issue fixed income business at a top tier US bank. In this role, he traded a large book of fixed income securities, raised capital for some of the largest government, financial, and corporate institutions in the world and advised the leading global institutional investors. Daniel is CeFA registered and is a member of the Institute of Financial Planning.