The Majlis Archive
Finance - Banking - Business The Majlis Vol 28 No 01, p.2

Is it permissible to sell old coins for more than their original value?

Question

Is it permissible to sell old coins for more than their original value? For example, can an old 50 cent silver coin be sold for R1,000?

Answer

Coins may be bought and sold for any price. However, if a silver coin is sold, payment should be in another form, e.g. in notes or another currency.

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The Majlis Vol 28 No 01
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Appears under HARAAM IN THE MUSJID. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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