Cash for coins

leah14

Anyone used cash for coins to sell old British currency .... How much do they pay ?
TIA

Lisbon

Depends what you're selling - get a quote for the actual items from them.

soolin

Looking at the website it appears you have to give them a weight of coins in kilos to get a quote.

leah14

Thank you I have over 7kg of old pre decimal currency ... they will not provide a quote without receiving them first read reviews seem ok just wondered if anyone knew what they paid ?

forgotmyname

Wont provide a quote, so they offer £1 for the lot and you say no and they say OK its £20 to post them back?

They say you can donate anything less than 5kg they wont pay for it, im guessing that at 7kg your going to get pennies.

Take them down to the scrap metal recyclers and weigh them in. Probably the most your going to get.

robin58

If you have 7kg (15lb) of predecimal coins so makes them at least 45 years old, i would look through them yourself before you give them to the mentioned people.

If you early 1900,s 1s,2s and 2s 6d, they are valuable as they are very high content silver coins.

plus if you have old one pennies look through them. A 1933 penny is worth a five figure sum.

Take it from me, they will look for the salelable coins and make a good profit!

robin58

forgotmyname wrote: »

Wont provide a quote, so they offer £1 for the lot and you say no and they say OK its £20 to post them back?

They say you can donate anything less than 5kg they wont pay for it, im guessing that at 7kg your going to get pennies.

Take them down to the scrap metal recyclers and weigh them in. Probably the most your going to get.

Don't take them to the scrap merchants.

It is illegal to sell the crowns money (old or new) for scrap in the UK.

Lisbon

robin58 wrote: »

Don't take them to the scrap merchants.

It is illegal to sell the crowns money (old or new) for scrap in the UK.

...and who exactly will be checking....?

leah14

Checked through them sold the silver no 1933 penny or other key date coins, just what to do with what's left ?

McKneff

Give it to a charity they will have contacts

shaun_from_Africa

robin58 wrote: »

Don't take them to the scrap merchants.

It is illegal to sell the crowns money (old or new) for scrap in the UK.

It is not illegal to sell any UK currency for scrap.
What is illegal is for unlicensed people to melt or to physically break down any UK currency coins that are current legal tender or have been legal tender at any time since 1969.

There are plenty of bullion dealers who will buy worn or damaged gold and silver coins then sell these on to a smelter who is licenced by the treasury.