Silver Canadian Coins were first minted
in 1858 by the Royal Mint in London, England. The first silver coins minted were five-cent,
ten-cent and twenty-cent coins containing 92.5 percent
The twenty-five cent coin (Silver Canadian Quarter) replaced the twenty-cent coin in 1870
and the fifty-cent coin (Silver Canadian Half-Dollar) was introduced. Some of these silver coins
were minted by the Heaton Mint (a privately owned mint located in Birmingham, England) and bear the
"H" mint mark. In 1908, the Royal Canadian Mint was established to begin
production of Canada's coins.
Silver coins with 92.5 percent silver
Nickel(1858-1919): Gross Wt.=1.167 grams. Silver Canadian Dime(1858-1919): Gross Wt.=2.33 grams. Silver Canadian Twenty-Cent Coin(1858): Gross Wt.=4.67 grams. Silver Canadian Quarter(1870-1919): Gross Wt.=5.81 grams. Silver Canadian Half-Dollar(1870-1919): Gross Wt.=11.62 grams.
Note: There are approximately 31.103 grams in a Troy
Due to the rising price of silver, the
Canadian government made the decision to reduce the amount of silver in their coins to 80 percent.
This started in 1920 and continued until 1967.
Canadian Nickels containing silver were discontinued after 1921. 1966 was the last year for Silver Canadian Dollars
Silver coins with 80 percent silver
Dimes(1920-1967): Silver Content=.0585 Troy ounces* Canadian Silver Quarters(1920-1967): Silver Content=.1463 Troy ounces* Canadian Silver Half-Dollars(1920-1967): Silver Content=.2925 Troy ounces* Canadian Silver Dollars(1936-1966): Silver content=.600 Troy ounces.*
*The silver content for the above coins are for circulated
coins. Uncirculated coins have a slightly higher silver content due to lack of circulation "wear".
By mid-1967, Canada reduced
the silver content of the Canadian Dime and Canadian Quarter from 80 to 50 percent. No Silver Canadian Dollars were
minted after 1966 and silver half-dollars were discontinued after 1967. By mid-1968, silver was removed from all
Canadian coins of these denominations.
Silver coins with 50 percent silver
Dime(1967-1968): Silver Content=.0375 Troy ounces,Gross Wt.=2.33grams Canadian Silver Quarter(1967-1968): Silver Content=.0937 Troy ounces, Gross Wt.=5.81
To determine the approximate value of a Silver Canadian Coin, multiply
the amount of silver (in Troy ounces) by the current spot price of silver (can be found on the Home Page).
Example: The approximate value of a Silver Canadian dollar with the spot price of silver at U.S. $30.00 is U.S.
$18.00 ($30.00 x .6).