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There would be many companies and individuals melting down old coins to recover the precious metals.
It should be noted that they do it to make money for themselves, not for the benefit of a quick buck to the owner of the coin.
If you have such a coin, you may find you will get more for it if you take it to a coin dealer, or a coin collector if you know of one.
It should also be noted that melting down or otherwise destroying "circulating coins" would be considered a crime in many countries.
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∙ 12y ago
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Do Commonwealth coins have the same silver content as British coins?
Yes they do. No British decimal general circulation coin has any silver content at all. The "silver" coins of all Commonwealth countries similarly have no silver content.
What is the silver content in present day US coins?
Coins struck for circulation in the US today have no silver in them.
What is the silver content of New Zealand pre decimal coins?
All New Zealand silver coins from 1933 to 1946 had a silver content of 50%. From 1947 onwards, all New Zealand "silver" coins were made from a copper-nickel alloy.
What is the silver content of Georgian coins?
There have been six King Georges from 1714 to 1952. 1919 and 1920 were the two years when the British silver coinage was debased from 0.9250 to 0.5000 silver. Which year the change was made depends on the denomination of the coin. Prior to 1919/1920, all British "silver" coins had a 92.5% silver content. From 1919/1920 to 1946, all British "silver" coins had a 50% silver content. From 1947 to present, all circulating British "silver" coins had a 0% silver content.
What is silver content of 1975 Canadian coins?
None.
When did the silver content in us coins get smaller?
1837 was the year US silver coins changed to .900 silver & .100 copper, that caused a slight reduction of silver.
Where on the Mexican coins is the silver content?
silver on the outside/ small gold coin inside
What is the silver content of Portuguese coins?
1930 50 centavos
Where can you sell old silver coins for silver content?
Jewelers and coin dealers buy gold and silver.
Are silver coins before 1965 worth more at face value or for silver content?
Pre-1965 silver coins are worth more for the silver than face value.
What is the silver content of a 1946 New Zealand Sixpence?
All New Zealand "silver" coins from 1933 to 1946 inclusive had a 50% silver content. All New Zealand "silver" coins from 1947 onwards, were made from a copper/nickel alloy.
What is the silver content of coin silver?
Until the end of WW1, many countries minted silver coins with a high silver content, usually 90% or more. In 1919/20, there was a sharp increase in the price of silver and many countries reduced the silver content of some or all of their coins to around 50%. At the end of WW2 when many countries were repaying war loans or, had had their economies destroyed by the war, the silver content was reduced further, or eliminated altogether. By the second half of the 20th century, most "silver" coins were made from a copper/nickel alloy. These days, only non-circulating investment coins or high value coins are made from silver.
