A South Africa 2½ Shillings (80% Silver, 1923–1951) contains 0.3636 troy oz of pure silver, worth $19.65 at today's spot price.
South Africa struck the 2½ Shillings silver coin from 1923 to 1951 in 80% silver. Each coin weighs 14.138 g and holds 0.3636 troy oz (11.310 g) of pure silver. The shilling was also used in Australia, British West Africa, Cyprus, East Africa, Fiji, Ghana and other countries.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 23, 7:19 PM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1923–1951 |
|---|---|
| Face value | 2½ Shillings |
| Composition | 80% silver |
| Gross weight | 14.138 g |
| Fineness | .800 (80%) |
| Pure metal | 0.3636 troy oz (11.31 g) |
How the melt value is worked out
Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
14.138 g × .800 fine ÷ 31.1035 g per troy oz = 0.3636 troy oz
0.3636 troy oz × $54.05 spot = $19.65
Melt value vs. collector value
Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.