Each item is 1 gram by weight of 80% silver South African legal tender coin including mostly 80% silver Union of South Africa coins, but also including 80% silver Republic of South Africa coins. Great for accumulating silver cheaply or starting a silver coin collection.
Select the number of grams you would like. I will make up a parcel of random coins starting with the larger coins and finishing off with the smaller tickeys. If you have preferences as to denominations, please let me know and I will try accommodate you within reason. As this is bullion, conditions of the coins vary from excellent to having almost imperceptible images. The photos provided give a good idea of the range of coins, quality, and distribution of different types.
We apologise to our regular customers for withdrawing our stock from Bid-or-buy. This is due to limited stock as ALL MAJOR NATIONAL SUPPLIERS ARE NOW CLOSED until approx 9th Jan.
Also, please note that the commonly quoted Comex spot price of gold and silver is being called into doubt due to failed redemption of Comex delivery receipts on MF Global accounts. VENDORS NO LONGER HAVE A RELIABLE PRICING MECHANISM and are pricing physical metals to reflect this.
In South Africa we used 80% silver coins as recently as 1969. Much of this silver coinage is still in existence and has the same appreciation potential as bullion based on the silver content.
Parcels may contain (uncirculated gross weight):
5 Shilling (Crown) pre 1951 28.28g
R1 coins 1965 - 1969 15g
2½ Shillings pre-1951 14.14g
Florin and 2 shillings pre-1951 11.31g
Shillings pre-1951 5.66g
6 pence pre-1950 2.83g
3 pence (Tickey) pre-1951 1.41g
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.
