Silver Maundy Money: Value & Selling Guide
These tiny ceremonial silver coins, handed out by the monarch on Maundy Thursday, are among the most collectable of all British coins — worth far more than their size or silver suggests. Here's what your Maundy money is really worth.
Have a Maundy Set or Coins to Value?
Send us a photo — including the year if you can see it — and we'll value your Maundy money against the collector market, free and with no obligation. Our specialists reply within one working day.
Maundy money is unlike any other British coinage. Tiny silver pennies, twopences, threepences and fourpences, struck specially each year and presented by the reigning monarch to chosen recipients in an ancient royal ceremony. Their melt value is trivial — but as collectables, with their royal history and limited issue, they can be worth a great deal more.
What Maundy money is
Each year on Maundy Thursday, the monarch distributes specially struck silver coins — a set of four denominations (1d, 2d, 3d, 4d) — to as many elderly recipients as the sovereign's age, in a tradition stretching back centuries. Because the number minted is tied to that ceremony, Maundy coins are produced in very small quantities, which is the root of their collectability.
Always sterling silver
Maundy coins were briefly debased to 50% in 1920, but the silver standard was restored to .925 sterling in 1947 — making them the only UK legal-tender coins issued in sterling through the modern era.
Issued as sets
A complete set of all four coins for a given year, ideally in its original dated case, is the most desirable and valuable format.
Royal & historic
The ceremony and the monarch's portrait give each coin genuine historical interest — collectors buy the story as much as the silver.
What makes a set valuable
Maundy sets often sell for £100–£200 or more, far above their tiny melt value — and rarer years, earlier monarchs and pristine condition push them higher still. The key factors are the year and monarch, whether the set is complete, the condition, and the presence of the original case.
How We Value Maundy Money
Maundy coins are valued as collectables, not bullion:
- Year & monarch — The single biggest factor; some years are far scarcer than others.
- Complete set — A full four-coin set is worth more than the same coins sold singly.
- Condition — Sharp, unworn coins command strong premiums.
- Original case — The dated presentation case adds value and provenance.
- Collector market — Valued against recent comparable sales, not melt.
Never clean Maundy coins — original surfaces matter enormously to collectors.
Selling your Maundy money
Because Maundy coins are valued by the collector market rather than by weight, they should never be sold as scrap silver — you'd lose most of their worth. A specialist who understands the series will identify the year, monarch and rarity and value the set on its true collector merit. We buy single coins, part sets and complete dated sets, and we'll always tell you honestly where yours sits.
For the wider context on British silver coins see our silver coins value guide, our pre-1947 and pre-1920 silver coin guides, and to sell, sell your silver.
Value Your Maundy Money
Send photographs — with the year if visible — and we'll value your Maundy coins or set against the collector market, free and with no obligation.
⚠️ Strictly by appointment only — no walk-ins at either showroom.
Frequently Asked Questions
Maundy money value and selling — common questions.
What is Maundy money worth?
Far more than its silver. Complete sets commonly sell for £100–£200 or more, with rarer years, earlier monarchs and top condition worth considerably more. They're valued on the collector market, not by weight.
Is Maundy money real silver?
Yes — it's sterling (.925) silver. It was briefly 50% silver after 1920, but the sterling standard was restored in 1947, making Maundy coins the only UK legal-tender coins issued in sterling silver through the modern era.
Should I sell Maundy money as scrap silver?
No. Its melt value is tiny compared with its collector value — selling it as scrap would throw away most of its worth. Always have it valued as a collectable.
Does the original case matter?
Yes. The original dated presentation case adds value and confirms provenance. Keep the set in its case if you have it, and include it when you sell.
Can I sell single Maundy coins or only complete sets?
Both. Complete dated sets are the most valuable, but single coins and part sets are still collectable and worth selling. Send us what you have for an honest valuation.
Send Us Your Maundy Money Photographs
Attach photos and the year if visible. We'll respond within one working day.