Predecimal silver post 46 under spot

Discussion in 'Australia & New Zealand (Public)' started by serial, Nov 19, 2017.

  1. serial

    serial Well-Known Member Silver Stacker

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    I have a few kilos of florins, and shillings for sale for $350 a kilo +postage. No cut, holed or bent coins. Just honest bulk silver.
     
    serial, Nov 19, 2017
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  2. Jayden

    Jayden Active Member Silver Stacker

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    Damn that's a good price
     
    Jayden, Nov 19, 2017
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  3. nutshell

    nutshell Active Member

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    Buz 1kg, will PM
     
    nutshell, Nov 19, 2017
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  4. Thankq

    Thankq Active Member Silver Stacker

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    What's the silver % contend?
     
    Thankq, Nov 20, 2017
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  5. reaver

    reaver Active Member

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    Post-46 (usually said Post-45) refers to 50% silver - Australian Predecimal coins produced between 1945 and 1964-'ish'
    Pre-46 refers to 92.5% silver (sterling) - Australian Predecimal coints produced between 1910 and 1945

    1KG of post-45 coins would make for roughly half a kilo of pure silver.

    @ $22.82 an OZ that translates to about $366, so the sale price of $350 is about a dollar under spot. VERY good value
     
    reaver, Nov 20, 2017
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  6. serial

    serial Well-Known Member Silver Stacker

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    spot is down but this is still under spot, its just that cheap!!!
     
    serial, Nov 21, 2017
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