How Much is a Canadian Silver Coin Worth?
Calculating the value of Canadian silver coins is slightly more complex than US coins because the Royal Canadian Mint changed silver purities several times. While most "junk" Canadian silver found today is **80% pure**, coins from different eras can range from 92.5% (sterling) down to 50% or even zero silver content for modern issues.
In 1968, Canada switched from silver to pure nickel. Some 1968 quarters and dimes are 50% silver, while others are 100% nickel. If a 1968 coin sticks to a magnet, it contains NO silver. If it does not stick, it is 50% silver.
Canadian Silver Purity by Year
To accurately value your collection, you must first identify the era of your coins:
- 1919 and earlier: 92.5% Silver (Sterling)
- 1920 to 1966: 80% Silver
- 1967: Some are 80%, some are 50% (avg. usually calculated at 65% for bulk)
- 1968: 50% Silver (if non-magnetic)
Common Canadian Silver Coin Weights
The standard 80% silver coins have the following weights and pure silver content:
- Silver Dollar: 23.33g (0.600 troy oz pure silver)
- 50 Cent Piece: 11.66g (0.300 troy oz pure silver)
- Quarter (25 cents): 5.83g (0.150 troy oz pure silver)
- Dime (10 cents): 2.33g (0.060 troy oz pure silver)
Melt Value vs. Collectible Value
Many Canadian silver coins, especially the "Silver Dollar" series with various commemorative designs (like the 1939 Royal Visit or 1949 Newfoundland entry), carry premiums above their melt value. Our calculator provides the current silver floor price based on the international spot market, ensuring you know the minimum value of your Canadian silver assets.