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- Spot Silver Price: $32.32
Silver coins were in regular circulation in Hong Kong. The values below represent the intrinsic value of silver coins from Hong Kong.
Hong Kong silver coins that are in uncirculated condition, or that may be rare and collectible may also have numismatic value. You can use this table as a guide when buying and selling circulated silver coins from Hong Kong.
The melt values are calculated and displayed in USD based on the today's silver spot price of $32.32 per troy ounce.
| Denomination / Currency | Years Minted | Fineness | Gross Weight (g) | ASW (g) | ASW (oz t) | Melt Value |
|---|---|---|---|---|---|---|
| 5 Cents | 1866- 1933 | .800 | 1.36 | 1.09 | .035 | $1.13 |
| 10 Cents | 1863- 1905 | .800 | 2.71 | 2.17 | .0697 | $2.25 |
| 20 Cents | 1902- 1905 | .800 | 5.43 | 4.34 | .1397 | $4.52 |
| 50 Cents | 1902- 1905 | .800 | 13.58 | 10.86 | .3493 | $11.29 |
The history of silver coins in Hong Kong dates back to the mid-19th century during the British colonial period. Below is a timeline of key events:
1841: Hong Kong became a British colony following the First Opium War.
1845: The first silver coin, the Hong Kong Dollar, was introduced. It followed the Spanish dollar standard, also known as the "Mexican dollar" or "pieces of eight."
1863: The first official silver coinage, including the 5 cent, 10 cent, 20 cent, 50 cent, and 1 dollar denominations, was minted. These coins featured the portrait of Queen Victoria.
1902: King Edward VII's portrait replaced Queen Victoria's on the silver coins.
1910: King George V's portrait replaced King Edward VII's on the silver coins.
1935: The Silver Standard was abandoned, and the Hong Kong dollar was pegged to the pound sterling. Silver coins continued to be used but their silver content was gradually reduced.
1941-1945: During the Japanese occupation of Hong Kong in World War II, the minting of Hong Kong coins was halted.
1959: The last silver coins were minted, after which base metal coins replaced them due to the rising cost of silver.
In the modern era, silver coins are no longer in general circulation in Hong Kong but are occasionally minted as commemorative coins by the Hong Kong Monetary Authority.