Canadian silver coinage covers three composition eras: Sterling silver (92.5%) from 1858 to 1919, 80% silver from 1920 to 1967, and 50% silver in 1967-1968 transition issues plus 1971-1986 commemorative dollars.
Silver spot today: $73.28/oz.
| Coin | Years | Silver % | ASW (troy oz) | Melt at $73.28/oz |
|---|---|---|---|---|
| Canadian 5-cent | 1858-1921 | 92.5% | 0.0345 | $2.53 |
| Canadian dime | 1858-1919 | 92.5% | 0.0694 | $5.09 |
| Canadian dime | 1920-1967 | 80% | 0.0600 | $4.40 |
| Canadian dime | 1967-1968 | 50% | 0.0375 | $2.75 |
| Canadian quarter | 1870-1919 | 92.5% | 0.1734 | $12.71 |
| Canadian quarter | 1920-1967 | 80% | 0.1500 | $10.99 |
| Canadian quarter | 1967-1968 | 50% | 0.0938 | $6.87 |
| Canadian 50-cent | 1870-1919 | 92.5% | 0.3469 | $25.42 |
| Canadian 50-cent | 1920-1967 | 80% | 0.3000 | $21.98 |
| Canadian silver dollar | 1935-1967 | 80% | 0.6000 | $43.97 |
| Canadian silver dollar | 1971-1986 | 50% | 0.3750 | $27.48 |
Canadian junk silver bag reference: $1 face in 80% dimes is 0.6 troy oz silver. A $100 face-value bag is about 60 troy oz silver (melt: $4396.80).
The earliest Canadian silver coinage followed the 92.5% Sterling standard: 5-cent, dime, quarter, and 50-cent denominations. Sterling ended after World War I as silver prices rose.
This is the longest era and the main composition in Canadian junk silver bags. Dimes, quarters, 50-cent coins, and dollars from this period are the common bullion-reference pieces.
Dimes and quarters transitioned from 80% to 50% in 1967-1968, and later commemorative silver dollars (1971-1986) used a 50% silver composition.
| Canadian (1920-1967) | U.S. (pre-1965) | |
|---|---|---|
| Silver content | 80% | 90% |
| Silver per $1 face (dimes) | 0.60 oz | 0.715 oz |
| Silver per $100 face bag | ~60 oz | 71.5 oz |
Magnet test is a fast sort method because silver is non-magnetic while nickel coins are magnetic.
What years of Canadian coins are silver?
1858 through 1968 for circulating coinage, with 1971-1986 commemorative silver dollars in 50% silver.
Are Canadian silver coins worth more than U.S. silver coins?
Per face dollar, usually no; per ounce acquired, sometimes yes due to lower premiums in some markets.
How much silver is in a Canadian quarter?
0.1734 oz (Sterling), 0.1500 oz (80%), or 0.0938 oz (50%), depending on year.
How do I tell 80% from 50% Canadian 1967 pieces?
Visual sorting is hard; density testing is most reliable.
Are Canadian commemorative silver dollars junk silver?
They have melt value, but many trade with collector premiums.
Can I put Canadian silver coins in a precious metals IRA?
Most pre-1968 junk silver does not meet IRA purity requirements.