big 5pence

[saracarsonsaracarson sarac 0]

I found a 5 pence the size of a 10 pence dates back in 1987.

I was wondering if it is worth anything and if it's rare?

if so how much Is it worth?

Thanks

[Peter 615]

I found a 5 pence the size of a 10 pence dates back in 1987.

I was wondering if it is worth anything and if it's rare?

if so how much Is it worth?

Thanks

Hi

the answers are no,no & nothing.

There were over 48,000,000 minted in 1987 and they are not sought by collectors.The book price for an uncirculated one is 10p....but try and sell it for 10p and you will find it difficult.

Sorry.

[Debbie 58]

dates back in 1987.

Gosh, that really makes me feel old, I mean that is 15 years ago – where did that time go? Anyway back to coins…

I do think there is an air of hopeful / expectant money making potential in finding a perceived old coin, especially for those unfamiliar with coin collecting. I read somewhere that coins were probably one of the most numerous objects to be made and one which nobody throws away. I wonder world wide how main coins have been made to date?!!!

[Debbie 58]

OPPS again I meant 25years!!

[Rob 3,152]

OPPS again I meant 25years!!

OPPS????? Make it 52 years and call it quits.

[TomGoodheart 403]

I found a 5 pence the size of a 10 pence dates back in 1987.

I was wondering if it is worth anything and if it's rare?

if so how much Is it worth?

Thanks

Back in the day the £ was divided into shillings and pence. When we adopted decimal coinage in 1972 the shilling, which was worth 1/20th of £1 was replaced by the equivalent 5p.

At the time, the 5p piece was minted the same size and weight as an old shilling so it would still work in any machinery that was yet to be converted.

So basically you have a regular issue 5p for 1987. The smaller size we use today was not introduced until 1990.

Sorry to disappoint you. But welcome to the forum!

[Cerbera100 0]

Best advice?! Take it to the bank - they are obliged to give you 5p for it!

[Peckris 579]

Best advice?! Take it to the bank - they are obliged to give you 5p for it!

I'd say that its metal content is now worth more than 5p!

[Cerbera100 0]

Best advice?! Take it to the bank - they are obliged to give you 5p for it!

I'd say that its metal content is now worth more than 5p!

Yeah, but then you need a couple of kg of them to make it worth while!

[Chris Perkins 228]

It's not. Last time I scrapped a load of cu-ni I got about half face value (half crowns and sixpences, which are very hard to get face value for nowadays).

[Peckris 579]

It's not. Last time I scrapped a load of cu-ni I got about half face value (half crowns and sixpences, which are very hard to get face value for nowadays).

Yes, but how does that stack up against the actual value of the metal content? Remembering that copper is now so high that people steal phone cables to get it.

[Peter 615]

Best advice?! Take it to the bank - they are obliged to give you 5p for it!

I'd say that its metal content is now worth more than 5p!

Yeah, but then you need a couple of kg of them to make it worth while!

Peck I was stashing pre 92 copper away.I got to £20 and realised I could make a tenner...sorry it aint going to be my forte.

[Chris Perkins 228]

Pre 92 coppers are of course 95% copper, much higher than the 75% in cu-ni. It actually hangs often on the value if the nickel content. When I sold some cu-ni for half value value (from a very good scrap metal man in Germany) the price of nickel was very high. A couple of months later it was much lower and the price of cu-ni (that he pays) was lower than half face value.

Whether the actual metal value of cu-ni has ever been face value or above I'm not sure, but it would certainly take a large increase in both copper and nickel for the man on the street to be able to get more than face value for cu-ni coins.