New Guinea Shillings

Discussion in 'Silver Coins' started by kilo, Mar 13, 2011.

  1. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    I've just come back from the local markets where i picked up 10 old NG shillings with a hole in the middle. Does anyone know much about these coins?
     
    kilo, Mar 13, 2011
    #1
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,679
    Likes Received:
    4,440
    Trophy Points:
    113
    mmm....shiney!, Mar 13, 2011
    #2
  3. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    That's a good link.

    Sterling silver (.925), relatively common. At 0.157 troy oz ASW there's about 7 to an ounce. Spot value today is $5.54 each.
     
    goldpelican, Mar 13, 2011
    #3
  4. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    thanks mate, cool little site now in my favs! I reccon I'll keep my eye out for a few more, have seen some on feebay but they asking more than double what i paid for these . . . . usuall story on the bay.
     
    kilo, Mar 13, 2011
    #4
  5. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia

    thanks GP

    I paid $3.50 for some and $4 for others in old ratty 2x2 ... old stock i spose

    ...... I love a bargain :D
     
    kilo, Mar 13, 2011
    #5
  6. Dabloodymess

    Dabloodymess Active Member

    Joined:
    Jul 7, 2010
    Messages:
    1,347
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Russia
    I picked up a few more of these after talking to you about them the other week kilo. Its been hard to find them under spot, as most people I have found with them know what they are worth.

    I did grab a couple the other day at $5 a pop, but thats not exactly a big win.
     
    Dabloodymess, Mar 13, 2011
    #6
  7. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    hi Jas
    $5 sounds ok as GP pointed out $5.54 is spot so your still under by 10%. I have had a look around for mintage numbers 1935 2.1 million still looking for the rest.
    I really like them, will keep buying them while i can get them at a good price
     
    kilo, Mar 13, 2011
    #7
  8. Dabloodymess

    Dabloodymess Active Member

    Joined:
    Jul 7, 2010
    Messages:
    1,347
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Russia
    Yeah definitely still under spot, just not as much under as I would like :)

    I will keep buying them when I see them as well, especially since one of the girls that lives with me took a liking to them... might have to give one or two as a gift ;)

    Considering the high mintage im thinking there has to be someone out there with bags and bags of these suckers, now just to find them.
     
    Dabloodymess, Mar 13, 2011
    #8
  9. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    smmooooooth bro :cool:

    thats what i reccon too, love to get a nice bag full :p
     
    kilo, Mar 13, 2011
    #9
  10. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,679
    Likes Received:
    4,440
    Trophy Points:
    113
    PM sent
     
    mmm....shiney!, Mar 13, 2011
    #10
  11. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    There's a term for that :p
     
    goldpelican, Mar 13, 2011
    #11
  12. kilo

    kilo Well-Known Member Silver Stacker

    Joined:
    Feb 5, 2011
    Messages:
    603
    Likes Received:
    423
    Trophy Points:
    63
    Location:
    Australia
    Generosity? :D
     
    kilo, Mar 13, 2011
    #12
  13. Dabloodymess

    Dabloodymess Active Member

    Joined:
    Jul 7, 2010
    Messages:
    1,347
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Russia
    /David Attenborough

    The male of the species presents the female with round and shiny silver objects as part of an elaborate courtship ritual

    /end David Attenborough
     
    Dabloodymess, Mar 13, 2011
    #13

Share This Page