Selling silver coins

Schulman b.v. is a coin auction house in Amsterdam, founded in 1880. We appraise and sell silver coins, from provincial riders and ducatons to the guilders and rijksdaalders of the last century, both through direct purchase and through our international auctions, where buyers from 80 countries bid.

Piedfort ducaton with the Silver Rider, grade MS65

Melt value or numismatic value?

Every silver coin has a floor: the silver itself, weighed against the day's price. On that basis we buy outright, without your having to wait for an auction. Above that floor the numismatic value begins, and it depends on rarity, date, mint mark and quality. Coins that clearly rise above the silver price we enter into the auction, where collectors from the Netherlands and abroad bid against each other.

After 1967 the picture changes. Circulating Dutch coinage is nickel from then on, so there is no silver value, and the mintages are so large that there is usually no collector value either. Silver returns only in commemorative issues, such as the silver ten guilder of 1970. Those do carry silver value, but rarely much more than that.

Not sure which category your coins fall into? We assess that free of charge and tell you which route yields the most, including when that is a direct sale.

Which Dutch coins are silver?

Not every old guilder is silver. The guilder was the Dutch currency from 1816 until the euro, but silver circulation coins were only struck until the 1960s. After that the same denomination is nickel, and there is no silver value left.

The 1 guilder is silver from 1818 to 1967 and was struck under five monarchs. The 2½ guilder, the rijksdaalder, runs from 1840 to 1943, at a fineness of 945/1000 until 1928 and 720/1000 after that.

Silver guilder by monarch →

Rijksdaalder by period →

The 3 guilder was struck under William I only, in a run of less than fifteen years. The large silver coinage of the Republic, the silver rider and the ducaton, runs up to 1795 and almost always carries collector value above the silver price.

Three guilder by date →

Not sure whether what you have is silver? Send a photo of the obverse and reverse and we will look up the date for you.

Which Dutch silver is worth more than its silver?

Dutch silver falls broadly into three periods, and those largely decide the outcome of an appraisal. For the guilder, the rarity tables per monarch are in our article on the silver guilder.

Provincial and VOC silver up to 1795: silver riders, ducatons and shipwreck money almost always carry collector value above the silver price.
Kingdom 1818 to 1945: date, mint mark and condition decide. Common, circulated years follow the silver price with at most a small premium. A scarce date, an unusual mint mark or exceptional quality lifts a coin well above it.
Juliana 1954 to 1967: does not rise above its silver value, not even in uncirculated condition. There is no exception here for top quality.
Not sure? Schulman assesses your coins free of charge and tells you which period and which route applies.
Contact us for a valuation
Man wearing glasses examining coins with a loupe at a table covered with coins and displays
Muntenverzameling met zilveren munten in een verzamelalbum

Which silver coins can you sell?

Schulman has been an auction house for coins of numismatic and historical importance since 1880, Dutch as well as foreign. That determines what we appraise and sell:

Dutch silver guilders, rijksdaalders and three guilder coins from the Kingdom

Provincial and VOC silver of the Republic: silver riders, ducatons and shipwreck coinage

Old foreign silver coins, from European talers and crown-sized pieces to Spanish colonial reales

Silver medals, guild medals and historical medallions

Juliana silver from 1954 to 1967, which is bought at silver weight

Complete collections and estates

This concerns historical coinage. Modern circulation coins and present-day silver bullion coins we do not accept.

Sell your silver coins immediately

Coins whose value lies in the silver we buy outright. You do not have to wait for an auction: your coins are weighed and assessed in your presence and you hear the offer on the spot. If a coin has collector value, through rarity, date, quality or provenance, we do not buy it but enter it into the auction. There collectors from the Netherlands and abroad bid against each other, and they pay for what makes the coin special rather than for its weight.
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How the sale works

Your coins are examined, weighed and assessed in your presence. For every coin you hear whether the offer is based on the silver value, or whether the coin does better at auction.

When you sell, you identify yourself, as is legally required for dealers in precious metals. Payment is made by bank transfer. If you live far away or abroad, you can send your coins to us insured.

Unsure whether a coin is genuine? We check weight, diameter and die details under magnification, and have valuable pieces certified by PCGS or NGC.

Zilveren rijksdaalder van Willem III, voor- en keerzijde

Auctioning silver coins

Do you have special or rare silver coins? Then participating in our international auctions may be the best option. Our specialists carefully value your coins and ensure a professional presentation in our luxury auction catalog and on our online platform. This way, you can reach a global audience of serious collectors, which often results in higher revenues.
Auction coins
Hand holding a wooden gavel above a wooden base on a table before an auction

Make an appointment for a valuation

Thinking about selling your silver coins? Please contact Schulman b.v. for a free valuation. Together, we will determine the best sales method — direct sale or auction — so that you are assured of a careful transfer and the right revenue.

Call us at 020 320 9101 or make an appointment online.
Make an appointment

How do I determine the value of my silver coins?

  1. The weight and content of the coin
  2. The current silver price, which determines the base value.
  3. Collective value: rarity, year, origin and condition can increase the value.
  4. The condition of the coin: wear, scratches or damage affect the price.

Is auctioning or selling directly better for silver coins?

The coin decides that, not your preference:
  1. Rare or high quality pieces, such as provincial thalers or special variants from Willem III, usually reach higher prices in our international auction.
  2. Current and standard silver coins, such as silver tens or precious metal sets, are often more suitable for direct sales.
Schulman does not buy coins for their collector value; those go to the auction. At the appraisal you will hear which route applies to your pieces.

How does it work to register my silver coins?

There are three ways to register:
  1. personally in our gallery in Amsterdam.
  2. During trade fairs where Schulman is present.
  3. Insured shipping by courier (in consultation).
Upon receipt, your coins will be photographed, described and valued. You'll receive an overview of catalogue numbers so you can track your items as they enter the auction.

Can I sell a large collection of silver coins?

With a complete collection we assess the whole before anything is sold separately, because the value often sits in a handful of pieces and which ones only becomes clear once everything has been gone through. We can do that, including for larger holdings: those we collect by arrangement, and insured shipping is possible too.

What happens to my silver coins if I choose to auction?

Your coins will be:
  1. professionally photographed
  2. carefully described in our luxury printed catalogue
  3. published on the international online auction platform
  4. included in a catalog distributed to collectors worldwide
On the auction day, you can bid in the hall, online or via the app. The proceeds will be paid out no later than eight weeks after the auction.

Can damaged or worn silver coins still be sold?

That depends on what it is. Historical silver coinage keeps its silver value even when heavily circulated or lightly damaged, and sometimes a coin turns out to be numismatically interesting despite the wear. For a worn rijksdaalder or a dented Spanish 8 reales the silver weight is usually decisive, but we assess that piece by piece.

Can I also sell silver tokens or medals?

Historical silver medals, guild medals and commemorative medallions we handle alongside coins. For unique or early modern pieces, from the seventeenth century for example, an auction generally offers the best visibility among international collectors.

Do I have to polish my silver coins before I have them valued?

No. Never polish your silver coins prior to a valuation.

Cleaning or polishing coins can cause irreparable damage to the surface, natural patina, and original impact quality. In fact, these factors determine the numismatic value.

Silver coins that have been polished often lose their authentic character and are considered tarnished by collectors. Even slight traces of cleaning can significantly reduce the value.

Therefore, leave your coins always in their original condition for review. Our experts recognize natural patina, signs of wear and historical consistency and can thus carry out a correct and honest valuation.

How do I know if my silver coin has numismatic value or only silver value?

As a rule of thumb: the older the coin and the smaller the mintage, the greater the chance of collector value. Provincial and VOC silver from before 1795 almost always has it. With kingdom coins from 1818 to 1945, date, mint mark and condition decide: common and heavily circulated pieces follow the silver price, while scarce years and exceptional quality go well beyond it. Juliana silver from 1954 to 1967 does not rise above its silver value.
  1. rare years
  2. exceptional quality, e.g. scratch-free and sharply beaten (UNC or FDC)
  3. historical origin
  4. variants or tests
Unsure? Send in photographs of the obverse and reverse. Our numismatists assess them free of charge and tell you whether it is silver value or collector value.

Gold or Juliana coins as well?

Sell gold coins

Sell Juliana coins

Sell old coins

Sell coins: all the options

Seventeenth-century silver medal with a rider on horseback
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