![]() The percentage of silver in Mexican pesos minted from 1910 – 1914 was 90.3%. To arrive at the ASW of the coins, multiply the weight by the purity and then divide by 31.1 to arrive at the percentage of pure silver in the coins. With respect to silver coins from Mexico, the purity and weight of the coins are typically noted on the coin, which makes it fairly easy to calculate the actual silver weight (ASW) of the coins. 999 fine sovereign or government-issued coins minted for investment purposes. This is the highest purity of silver that you will find in foreign silver coins, with the exception of. Prior to 1920, Great Britain coins were sterling silver, which has a silver content of 92.5%. These coins minted from 1920 – 1946 contain 50% silver and are commonly seen in the U.S. junk silver coins, but is still a very acceptable purity of silver. Quarters minted in 1966 and earlier as well as half dollars and silver dollars issued in 1967 and earlier contain 80% silver content, which is slightly less than the standard for U.S. Since most silver bullion investors are familiar with the silver content of these coins, they have very little hesitation in buying these coins in bulk from foreign coin dealers. In fact, we regularly buy coins from all of these countries as well as others. These coins are highly recognizable, and while not quite as liquid as 90% US silver coins, there’s still a market for these coins. This is a somewhat broad and open-ended question, as different individuals have various investment philosophies and needs, but a form of silver bullion that all silver coin investors should consider are foreign silver coins.įoreign silver coins come from various countries, but most foreign silver coins that we come across in Atlanta, at least those that were previously used in general circulation, are from Canada, Mexico and Great Britain. You must put these items in a different place in your shop than items that are made of precious metal.Share Copy Email Print Twitter Facebook LinkedIn Foreign Silver Coins: One of the Best Ways to Invest in Silver BullionĪs more and more individuals enter the silver market for the first time, one of the most common questions we receive is “what is the best way to invest in silver bullion?” You may say that the object is gold, silver, or platinum coloured, gold-plated or silver-plated. This also applies to objects that only have a layer of precious metal. You cannot sell objects that are not made of precious metal as gold, silver, or platinum. After approval, they put a hallmark on the object.Ĭalling objects gold, silver, or platinum The assay office determines how much precious metal is in your object. You can have silver, gold and platinum assayed at 2 assay offices in the Netherlands. If a gold, silver, or platinum object is already allowed in another EU Member State, the Dutch government may ban its sale in the Netherlands only in exceptional cases. Please note: The technical requirements imposed by the Netherlands in respect of precious metals differ from those of other EU Member States. Conversely, convention hallmarks applied by other contracting states are recognised in the Netherlands. This means that Dutch assay offices can apply the convention's Common Control Mark, which will then be recognised by all contracting states. The Netherlands has signed the International Convention on Hallmarks. Objects from foreign countriesĭo you sell precious metal objects from a foreign country? These objects must have a foreign hallmark that is recognised in the Netherlands. ![]() Or objects that have medical or technical purposes. ![]() For instance (in Dutch), gold or silver coins that are not sold as jewellery. In some cases a precious metal object does not need to have a hallmark. This chart must be visible in your store. You can find a chart of the marks (in Dutch) on the Dutch Authority for Digital Infrastructure ( Rijksinspectie Digitale Infrastructuur) website. The hallmark looks different depending on which precious metal the object is made of. You cannot show them to your customers and you cannot offer to sell these objects. If the objects do not (yet) have a hallmark, you may have them in your possession for a maximum of 4 weeks. In the Netherlands, a hallmark is required for:Īssay offices inspect the gold, silver, or platinum content of these objects. When is a hallmark required?Ī hallmark states which precious metal the object is made of and how much of this precious metal it contains. A recognised assay office can assay and hallmark your objects. Do you sell gold, silver, or platinum objects? These objects need to have a hallmark, if they are above a certain weight.
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