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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Published in
The Majlis Vol 28 No 01
PDF page
2

Appears under HARAAM IN THE MUSJID (approximate).

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