Silver

British silver coins: the 1920 and 1947 date rules explained

Two dates decide whether a British coin contains silver, and how much. This explains the pre-1920 sterling standard, the 1920 to 1946 half-silver issues, why 1947 ends the series, and how Maundy, proof and foreign coins are treated.

By Rocco Clayfield, trading as GoldPaid; the business incorporated as GOLDPAID LTD (company 17382540) on 5 August 2026 · Published · updated

Which British coins contain silver?Coins dated 1919 and earlier are sterling, 92.5% silver. Coins dated 1920 to 1946 are 50% silver. From 1947, British circulating coins are cupro-nickel with no silver at all, so sort a tin by those dates before weighing it. Maundy money, proofs and crowns can be worth more to a collector than their silver. What pre-1947 silver coins are worth and selling silver coins go further.
A 1oz silver Britannia coin dated 2023, standing on edge, showing the Britannia figure

British silver coins, the two date rules

British silver coins fall into two main eras for sellers. Pre-1920 coins, half crowns, florins, shillings, sixpences, threepences and crowns, were struck in sterling silver, which is .925 fine. From 1920 to 1946 the silver content was halved to .500 because the post-war Treasury needed to economise. From 1947 onwards British "silver" coins are cupro-nickel and contain no silver at all. If you already know what you hold, the service page to sell silver coins by post covers the label, the cover level and the paperwork.

For sellers this means a quick sort by date is the most useful thing you can do before posting. A Victorian crown is .925. A 1928 half crown is .500. A 1947 half crown is cupro-nickel with no silver in it. Group the coins by era and the valuation runs faster on arrival. The fine-silver weight of each denomination, with the arithmetic set out so you can check it yourself, is on sell pre-1947 British silver coins.

Not sure how any of this applies to your own items? Send a photo on WhatsApp and ask, call 07944 014111 (8am to 9pm, 7 days a week), or ask for a free prepaid Royal Mail Special Delivery label. Whichever you pick: nothing is posted until you decide, your parcel is tracked and signed for, the written offer follows the XRF assay, the return is free if you decline, and we aim to pay by Faster Payments within one working hour of your acceptance.

Maundy, proof and pattern coins

Some British silver coins carry a numismatic premium far above their bullion content. Maundy money, small silver coins given out by the monarch on Maundy Thursday, is collected for its tradition rather than its silver. Proof sets in original Royal Mint cases trade above bullion. Pattern coins and trial strikes are scarce and need specialist handling. If you think any of your coins fall into one of those categories, mention it on WhatsApp before posting. What pre-1947 silver coins are worth covers the bag-lot arithmetic and the coins to show a dealer first.

Quick sort tip. Pre-1920 silver in one bag, 1920-1946 silver in a second bag, anything post-1946 left out of the parcel. It saves time and the written valuation lands faster.

Foreign silver coins we accept

US Morgan dollars (1878-1904, 1921) and Peace dollars (1921-1935) are .900 fine silver and trade as both bullion and collectables. Canadian silver dollars before 1968 contain silver. Mexican Libertads and Australian Kookaburras are .999 fine 1oz bullion coins. French écu and 5 franc pieces from the 19th century are silver, with the exact fineness depending on the year. We accept all of these.

Britannia silver 1oz and bullion silver

The Royal Mint silver Britannia is a 1oz coin first struck in 1997. Issues from 1997 to 2012 were struck at .958 Britannia standard; from 2013 onwards the coin has been .999 fine. It is UK legal tender at £2 face value, which means it carries the same CGT-exempt status for UK individuals as the gold Britannia. Bullion silver Britannias trade close to spot silver. Proof issues carry a numismatic premium.

Other 1oz bullion silver coins commonly traded in the UK include the American Silver Eagle, the Canadian Silver Maple Leaf, the Austrian Silver Vienna Philharmonic and the Australian Silver Kangaroo. All are accepted.

How the silver total is worked out

Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market. For silver coins the written valuation lists the total weight and silver content of each group, with XRF confirmation of any high-value pieces, and it arrives on WhatsApp itemised so you can see exactly which coins make up which part of the offer.

Posting silver coins

  1. WhatsApp photos grouped by date range to 07944 014111.
  2. Receive our reply and a prepaid Royal Mail Special Delivery label.
  3. Wrap each group of coins in a small zip bag or tissue.
  4. Use a padded jiffy bag inside a rigid outer mailer.
  5. Silver is denser than people expect, confirm the parcel weight matches Special Delivery limits before handing it in.
  6. Drop off at a Post Office counter and forward the tracking on WhatsApp.

Why a silver parcel hits the cover cap sooner

Your parcel travels on Royal Mail Special Delivery, and Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. A large silver parcel can exceed that cap quickly because silver coins are bulky relative to value. Tell us before you ship and we will issue more than one label, so no single parcel goes over that cap. Accept and we aim to pay by Faster Payments within one working hour. Decline and the coins are returned by tracked post at our cost.

Next step: find out whether it is a metal sale or a collector sale

Some coins are worth more to a collector than their metal content, and it is worth knowing which before anything is treated as bullion. Send photos of both faces on WhatsApp first and we will tell you how we would value your coins before you post anything. Offers depend on inspection, item weight, purity, condition and the live precious-metal market.

Send a photo on WhatsApp

Common questions

Do you buy 1947 onwards British silver coins?

No. They are cupro-nickel and contain no silver, so there is no metal to pay for.

Are damaged silver coins worth anything?

Yes. Wear does not change the silver a coin contains, although it does reduce what a collector would pay for it.

How are mixed parcels valued?

We sort the coins by era and silver content, weigh and XRF-test each group, and list each group on its own line of the written offer. Send a photo of the coins on WhatsApp first and we will tell you how we would value them before you post anything.

What cover applies to my parcel?

Your parcel travels on Royal Mail Special Delivery, and Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. Larger parcels travel under multiple labels.

Do you accept foreign silver coins?

Yes, US, Canadian, European, Australian and others.

When am I paid?

By Faster Payments. We aim to pay within one working hour of your acceptance.

Do I need to clean my coins first?

No. Please do not clean them. Cleaning can reduce numismatic value.

Do you take walk-ins?

No. The service is by post, UK-wide.

Not the question you had? The full GoldPaid FAQ covers the rest, from postal cover and ID checks to what happens if you decline the offer.

Related guides

Reference pages

Prepaid label, free tracked return

Message us before you post anything

WhatsApp a clear photo and any question you have. Nothing is posted until you say so, and if you decline the written offer your items come back free and tracked.

Free prepaid label, usually sent within 30 minutes during working hours. Free tracked return if you decline. We aim to pay by Faster Payments within one working hour of acceptance.