The coin in our picture is a nice example of this old shilling from Great Britain. Since it is in good shape, it will command somewhat better prices than normal 'average circulated' specimens. Here are typical catalog values:
worn: $6 US dollars approximate catalog value
average circulated: $15
well preserved: $100
fully uncirculated: $300
shillings dated 1902 and 1910 are more common than other dates; divide these values in half
shillings dated 1905 are quite rare, cataloging at $1500 in well preserved condition
Each shilling contains 0.168 troy ounces of silver, so, even in 'totally smashed' condition they can never be worth less than 0.168 troy ounce of silver. If silver is trading at, say, $20 US dollars per troy ounce, then the base value of one shilling coin is 0.168 x 20 = $3 US dollars. Be sure to look up the price of silver, since it changes every day. Go to kitco.com for the current price.
These are catalog prices. Selling your shilling to a dealer will bring about one-half catalog. The difference is the dealer mark-up, used to stay in business. Collectors usually pay about three-quarters catalog value. For more information about catalog values, read our Terminology page.
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