Hi Frank
Some info and observations:
The key to whether you bought cheaply, about right, or a little over the odds will be the grades of these coins. The seller’s pics, taken through the plastic wallets, are not good enough to determine whether they are around EF (probably) or (significantly) GEF or better.
The ‘floor’ value for these pre 1947 silver coins (in any condition) is their bullion value (BV). This is based on the silver content of the coins (they are 50% silver). The spot price of silver is very low at the moment (compared to say 5 years ago), and at today’s prices the total silver value of your batch of coins is about £6.
Here’s a ‘ready-reckoner’ (at today’s silver price):
Denomination
Weight (g)
Weight (Toz)
Bullion Value (<1920)
Bullion Value (1920-1946)
Sixpence
2.8
0.090
£0.78
£0.42
Shilling
5.7
0.183
£1.59
£0.86
Florin
11.3
0.363
£3.16
£1.71
Half Crown
14.1
0.453
£3.94
£2.13
Crown
28.3
0.910
£7.90
£4.27
You have paid £12 delivered (always factor in the postage). I notice that you were the only bidder, and increased your maximum bid 3 times – may I ask what your maximum bid was?
These coins were minted in their millions (literally), and when news came that in 1947 they would no longer contain any silver at all, people started squirrelling them away, so they are very easy to find in high grades. In 1946 alone there were over 43 million sixpences minted, the other denominations were 1946E > 18m, 1946S > 16m, florin and half-crown both > 22m.
This might be an opportunity to try grading these coins yourself when you have them in hand. Did you say you had ordered the grading book I mentioned in an earlier post?