Sorry! This 1kg Kilo Bag of Mixed Pre 1947 (50% Pure) New Zealand Silver Coins ASW=0.50kg has sold.
1kg Kilo Bag of Mixed Pre 1947 (50% Pure) New Zealand Silver Coins ASW=0.50kg
This kilo bag of pre 1947 silver coins contains half a kilo of pure silver.
| We Last Sold This Item For: | $595.00 |
|---|---|
| Last Sold On: | 17/3/2024 |
| # Sold In Past 12 Months: | 1 |
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1kg Kilo Bag of Mixed Pre 1947 (50% Pure) New Zealand Silver Coins ASW=0.50kg
Actual Silver Weight = 0.50kg
This kilo bag of pre 1947 silver coins contains half a kilo of pure silver.
Several popular investment newsletter writers recommend that investors buy silver bars and “junk silver coins” as a hedge against economic & monetary uncertainty. Buying kilo bars of silver in Australia is easy enough – you just need to get in touch with the Perth Mint or the bullion dealer in your local Yellow Pages to get as many as you want.
But many Australians have no idea what “junk silver coins” are, whether we have them in Australia and where you can buy them.
“Junk silver coins” is a term used in North America to refer to bulk quantities of silver coins that were actually used as legal tender in the US prior to 1965, and are now traded in bulk for their silver value. The “junk” part of the name refers to the fact that these coins don’t have any numismatic or collector value.
US dimes; quarters; dollars and half dollars struck before 1965 have a 90% pure silver content – many investors prefer buying silver this way because it’s in a form that they know and trust. We’ve obviously never used dimes or quarters here in Australia – so what did we have? There are 3 basic types of “junk” silver coins here in Australia.
"New Zealand Junk Silver" - This term describes the batch that we have available here. "New Zealand Junk Silver coins are the Imperial silver coins (threepences, sixpences shillings and florins) that were issued in New Zealand between 1933 and 1946. That latter date is important, because that is the last year before the New Zealand government changed the composition of their circulating silver coinage from containing 50% in actual silver to copper nickel.
These coins are all made with 50.00% silver, and were struck between 1933 and 1946.
This bag weighs exactly 1 kilogram, which means 500g of pure silver is included - 16.075 troy ounces.
Please be advised that the coins in each batch will depend entirely on what we buy, and we can make no commitment on the composition of any bag other than it will weigh 1 kilogram and it will contain New Zealand silver coins struck between 1933 and 1946.
If you're looking to put together date sets of these coins, or are looking for a particular mix of denominations, be advised that we can't and don't guarantee you'll get a precise mix of dates and denominations.
You will not (or at least should not!) find a key-date coin such as a 1935 threepence or a 1936 florin, neither will you find any coins in premium condition. We do aim to only include honest, circulated coins - if you can use them to build a date set, all the better.
SKU: 210887
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