The Majlis Archive
Finance - Banking - Business The Majlis Vol 24 No 12, p.4

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

Question

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

Answer

A coin may be sold for more than its face value provided that the amount given in exchange is not of the same metal. Thus, silver coins may be sold for dollar notes or bronze coins for any amount. But if silver coins are sold for silver coins, then the weight of the silver on both sides must be the same. Also, the deal must be cash.

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The Majlis Vol 24 No 12
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Appears under EVICTING A MOTHER!. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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