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Silver Canadian Coins (1858-1967)

You will find more investing information on 29 popular Canadian silver coins in my eBook The Last Canadian 80 Percent Silver Coins. Simply click on the book title for an Instant Free Preview.

The silver Canadian coins that were minted at London's Royal Mint beginning in 1858 were five-cent, ten-cent and twenty-cent coins containing 92.5 percent silver. In 1870, the twenty-five cent coin (silver Canadian quarter) replaced the twenty-cent coin and the fifty-cent coin (silver Canadian half-dollar) was introduced.

Some of these early 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 fineness...

Canadian Nickel(1858-1919): Silver Content=.0347-.0348 Troy ounces*
Canadian Dime(1858-1919): Silver Content=.0690-.0694 Troy ounces*
Canadian Twenty-Cent Coin(1858): Silver Content=.1382 Troy ounces*
Canadian Quarter(1870-1919): Silver Content=.1728-.1734 Troy ounces*
Canadian Half-Dollar(1870-1919): Silver Content=.3456 Troy ounces*
 

*The silver content for the above coins are for uncirculated coins. Circulated coins have a slightly lower silver content due to their wear in being circulated.

Note: There are approximately 31.103 grams in a Troy ounce.

Due to the rising price of silver after World War I, the Canadian government made the decision to reduce the amount of silver in their coins from the sterling silver content of 92.5 percent to 80 percent. This started in 1920 and continued until 1967. More information on these coins...

Silver coins with 80 percent silver fineness...

Canadian Dimes(1920-1967): Silver Content=.0585 Troy ounces (circulated), .0600 uncirculated
Canadian Quarters(1920-1967): Silver Content=.1463 Troy ounces (circulated), .1500 uncirculated
Canadian Half-Dollars(1920-1967): Silver Content=.2925 Troy ounces (circulated), .3000 uncirculated
Canadian Dollars(1936-1967): Silver content=.600 Troy ounces.
 

Sampling of Canadian Eighty-Percent Silver Coins

King George V 1935 Commemorative Silver Dollar King George VI 1939 Silver Dollar King George VI 1952 Silver Quarter King George VI 1952 Silver Quarter Reverse View Queen Elizabeth II 1964 Silver Half Dollar Queen Elizabeth II 1964 Silver Half Dollar Reverse View Queen Elizabeth II 1966 Silver Dollar Queen Elizabeth II 1966 Silver Dollar Reverse
(click on any image for a larger view) 


Canadian Nickels containing silver were discontinued after 1921. 1967 was the last year Silver Canadian Dollars and Half Dollars were struck for general circulation.

By mid-1967, Canada reduced the silver content of the Canadian Dime and Canadian Quarter from 80 to 50 percent. Unfortunately there is no practical way to determine which coins contain 80 percent silver versus those containing only 50 percent silver.

Silver coins with 50 percent silver fineness...

Canadian Dime(1967-1968): Silver Content=.0375 Troy ounces,Gross Wt.=2.33grams
Canadian Quarter(1967-1968): Silver Content=.0937 Troy ounces, Gross Wt.=5.81 grams
 

By mid-1968, silver was removed from all Canadian circulating coins of these denominations.


[Most Recent Quotes from www.kitco.com]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. The chart at right shows the current spot price of one troy ounce of silver in Canadian dollars. To see the current spot silver price in U.S. dollars, go to the Silver Investing Guide Home page.


Example: The approximate value of a Silver Canadian dollar with the spot price of silver at $20.00 Canadian is $12.00 CAD ($20.00 x .6).




For your possible investing interest, I have included a small sampling of silver Canadian dollars available on Amazon. With careful research, you might be able to pick up some nice coins at a decent price. Click on "Go" to see a larger selection.

 



Disclaimer: I have made every reasonable effort to produce an informative and helpful article on Canadian silver coins based on my research and experiences. However, I make no representation or warranties of any kind with regard to its completeness, accuracy or suitability for any specific situation or purpose. See Terms and Conditions for more info. Be aware I receive a small compensation if you buy silver coins through this site which does not result in you paying more.



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