Coins available in this batch:
1x 1952 - 300 Anniversary - Founding of Cape Town/George VI
3x 1960 - 50th Anniversary - Coat of Arms/South African Union Building
Each coin is an 50% silver South African legal tender crown (5 shillings) of years from 1951 - 1960 or a decimal crown-sized 50c coin of years from 1961 - 1964. This is being sold as silver bullion by weight with no regard for the numismatic value, rarity or condition. Great for accumulating silver cheaply or starting a silver coin collection. Catalogue weight: 28.28g each. Worn coins may weigh slighly less.
Select the number of coins you would like. I will make up a parcel of random coins of random conditions. As this is bullion, conditions of the coins vary from excellent to having almost imperceptible images. The coins shown in the photos are my own stock photos and not necesarily the actual coins on offer. The photos however but give a good idea of the range of coins, quality, and distribution of different types.
I can accomodate your choice of coins within reason. If more than 1 buyer buys, I will allocate coins at my discretion to the highest bidder and/or my most regular buyers first.
In South Africa we used 50% silver coins as recently as 1969. Much of this silver coinage that wasn't melted in the 80's is still in existence and has the same appreciation potential as bullion based on the silver content.
Items will be delivered for collection at your nearest post office counter.
Items can be combined from different auctions at highest shipping cost to save on postage. Add 2% of value of additional items to cover insurance.
Courier service is available. You may also arrange your own courier and insurance.
Parcels will be dispatched within 3 working days AFTER payment has been received.
If full payment is not made within 3 working days, a negative rating may be given and 5 % penalty fee may be added to total amount due.
Collections can be arranged in Port Elizabeth, waiving the postage.
Please visit our other listings:
http://www.bidorbuy.co.za/seller/1994136/fine999
FAQ
What are the advantages of legal tender silver coins vs pure silver bars and coin
Silver coins have the same appreciation potential as other forms. Silver coins are easily verifiable as silver and are illegal and difficult to forge. The numismatic value may also provide a floor to their value, and they may even appreciate in value as coins are converted to bullion and become rarer. Finally, in the event of a complete currently collapse, they may reappear as a means of exchange based on their silver content. The smaller denominations would then be more useful than larger silver pieces.
How can I test silver myself?
There are a number of tests you can do depending on the form and what's at hand:
Pass a magnet over the silver. It should not be attracted to the magnet.
File a small V in your silver. It should be shiny inside too, else it could be plated.
Flatten a small piece with a hammer. Silver is quite soft and malleable.
Use an Ohm-meter. Silver is highly conductive.
Silver melts at a lower temperature than Cupronickel.
Pure silver is very shiny (unless tarnished).
A silver test solution can differentiate between silver, gold and copper alloys. Contact us to put this on auction.
Feel and intuition. If you handle silver a lot, you will intuitively learn it's density, the sound it makes when dropped, and it's heat conductivity. Walk around with a silver coin in your pocket for a month.
