Canadian Silver

Canadian Silver Calculator — Coin Values & Melt Worth

✍️ By Daniel Mercer 📅 Updated June 2026 ⏱ 8 min read

A Canadian silver calculator turns a jar of old Canadian dimes, quarters, and dollars into a real dollar figure — but Canada's coins are trickier than their US cousins. Purity changed three times in the 20th century, and 1967–1968 coins can be silver or nickel depending on the exact strike. This guide gives you the silver content of every Canadian coin by year, the melt math in both CAD and USD, and how to tell a silver 1968 quarter from a worthless nickel one.

Introduction: Canadian Silver Coins Overview

Canada minted circulating silver coins from 1858 until 1968, and the metal content dropped in stages over that period. Unlike US coins — which held a steady 90% until they stopped in 1965 — Canada used three different purities, so the year stamped on a coin tells you almost everything about its melt value.

The quick version: anything dated 1966 or earlier is silver, 1967 and 1968 are tricky transition years, and 1969 onward contains none at all. A reliable silver calculator Canada users can trust has to account for those purity changes, because an 80% coin and a 50% coin of the same denomination are worth very different amounts. We'll use a working spot price of $75 per troy ounce throughout so every example stays consistent.

Canadian Silver Coin Reference Table

This is the core of any Canadian silver coin calculator: the actual metal weight inside each coin. The table below shows the pure silver content (actual silver weight, or ASW) and melt value at $75/oz for the main circulating coins across each purity era.

Coin Years Purity Silver Content (troy oz) Melt @ $75
Dime1858–1919.9250.0691$5.18
Dime1920–1967.8000.0600$4.50
Quarter1870–1919.9250.1734$13.01
Quarter1920–1967.8000.1500$11.25
Half Dollar1870–1919.9250.3469$26.02
Half Dollar1920–1967.8000.3000$22.50
Silver Dollar1935–1967.8000.6000$45.00

Silver content is for uncirculated coins; worn coins hold slightly less. Melt values at $75 spot — scale by (your spot ÷ 75).

The 80% coins from 1920–1967 are what most people find, and they're the backbone of Canadian junk silver. Notice the silver dollar: at 0.6 troy oz of pure silver, a single 1960s Canadian dollar holds about $45 in melt at $75 spot.

Pre-1968 Canadian Silver Coins (.800 Silver)

From 1920 to 1967, Canada struck its dimes, quarters, half dollars, and (from 1935) dollars in 80% silver, 20% copper. This happened because both Britain and Canada debased their coinage after World War I — but where Britain dropped to .500 fine, Canada settled on .800 fine, which is why Canadian junk silver is richer than old British coins of the same era.

These 80% coins are the bulk of what a Canadian junk silver calculator handles. Pre-1920 coins (1858–1919) are even purer at .925 sterling, but they rarely show up in junk lots because their age and scarcity give them collector value above melt. For a jar of mixed 1940s–1960s Canadian change, the 80% figure is the one you'll use most.

Worked Example — Roll of 80% Quarters A roll of 40 Canadian quarters dated 1958, each 0.15 troy oz silver.

Total silver: 40 × 0.15 = 6.0 troy oz
Melt at $75: 6.0 × $75 = $450.00

The same coins' face value is just $10 CAD — the silver is worth ~45× more.

1967 Canadian Centennial Coins

1967 marked Canada's centennial, and the Royal Canadian Mint issued a special series with wildlife designs by artist Alex Colville — a mackerel on the dime, a bobcat on the quarter, a howling wolf on the 50-cent, and a goose on the silver dollar. They're popular with collectors for the designs alone.

But 1967 is also where purity gets messy. Most 1967 coins are the usual .800 silver, but partway through the year the Mint began striking some dimes, quarters, and half dollars in .500 silver instead, as silver prices rose. The two versions look identical — the only reliable way to tell them apart is a precision scale, since the .500 coins weigh slightly less. Because of this mix, many buyers value 1967 dimes and quarters at an averaged purity rather than assuming .800.

1968 Canadian Coins (.500 Silver & Nickel)

1968 is the true transition year and the one that trips people up most. Partway through 1968, Canada stopped using silver entirely and switched dimes and quarters to pure nickel. So a 1968 dime or quarter is either .500 silver or no silver at all — and they look the same.

🧲 The magnet test: silver is not magnetic, but nickel is. Hold a strong magnet to a 1968 dime or quarter — if it jumps to the magnet, it's nickel and has no melt value. If the magnet ignores it, it's .500 silver. This one test settles most 1968 coins instantly.

Canadian silver dollars and half dollars dated 1968 contain no silver, while 1967 dollars and halves are still .800. After 1968, no circulating Canadian coin contains any — they moved to nickel, then to plated steel in 2000, which is why a magnet sticks firmly to modern Canadian change.

How to Calculate Canadian Silver Value

The formula behind any silver price calculator Canada residents use is the same weight-times-purity-times-spot math, with one extra step for currency since silver spot is quoted in US dollars.

Melt Value = Silver Content (troy oz) × Spot Price (USD) × USD-to-CAD rate
Worked Example — CAD Conversion A 1965 Canadian silver dollar holds 0.60 troy oz of silver. Spot is $75 USD/oz.

USD melt: 0.60 × $75 = $45.00 USD
At an example rate of 1 USD = 1.37 CAD: 45 × 1.37 = $61.65 CAD

Live exchange rates shift, so a good calculator converts automatically.

Because spot price is set globally in US dollars, the only Canada-specific part is the currency conversion at the end. Our homepage tool pulls the live spot price and lets you switch to CAD, so you see your Canadian silver melt calculator result in the currency you actually care about. For the underlying spot mechanics, see our silver spot price guide.

Canadian Maple Leaf Silver Bullion

Modern Canadian silver isn't just old coins. The Royal Canadian Mint's Silver Maple Leaf is one of the world's most recognized bullion coins, containing 1 troy ounce of .9999 fine silver — purer than the American Eagle's .999. It's been struck since 1988 and carries advanced anti-counterfeit features like radial lines and a micro-engraved privy mark.

Because it's investment-grade bullion rather than circulated coinage, a Maple Leaf trades at spot plus a premium — typically a few dollars over melt at $75 spot — not at the discounted purity of old junk silver. It's a different category entirely: where a 1960 quarter is valued purely on its 80% scrap content, a Maple Leaf is valued as near-pure bullion with collector and mint backing on top.

Canadian vs US Junk Silver Comparison

If you hold both Canadian and US coins, the key difference is purity. US 90% coins carry more silver per coin than Canadian 80% coins of the same denomination, so they're worth more individually at the same spot price.

US Junk Silver

90% pure (1964 and earlier). A quarter holds ~0.1808 troy oz. Higher purity, slightly higher melt per coin.

Canadian Junk Silver

80% pure (1920–1966). A quarter holds 0.15 troy oz. Lower purity, often cheaper to buy per ounce.

At $75 spot, a US quarter's melt is about $13.56 versus $11.25 for a Canadian 80% quarter. Neither is "better" — Canadian junk silver often sells slightly cheaper per ounce of actual metal, which some stackers prefer. For the full US breakdown, see our junk silver calculator guide and the silver coin value calculator.

Frequently Asked Questions

What years are Canadian silver coins?

Canadian dimes, quarters, half dollars, and dollars dated 1966 or earlier contain silver. Coins from 1858–1919 are .925 sterling; 1920–1967 are .800 silver. 1967 and 1968 are transition years where coins may be .500 silver or nickel. From 1969 onward, no circulating Canadian coin contains silver. Silver dollars run 1935–1967.

What purity is pre-1968 Canadian silver?

From 1920 to 1967, Canadian dimes, quarters, half dollars, and dollars are 80% silver (.800 fine), 20% copper. Earlier coins from 1858–1919 are .925 sterling. This 80% standard is the bulk of Canadian junk silver and is what you'll use most when valuing a jar of mid-century Canadian change.

How much is a Canadian silver dollar worth?

A Canadian silver dollar from 1935–1967 contains 0.60 troy oz of silver (.800 fine). At $75 spot, that's about $45 USD in melt value, or roughly $61 CAD at typical exchange rates. Some dates and varieties — like the 1965 and 1966 Small Beads vs Large Beads dollars — carry collector premiums well above melt.

Are 1967 Canadian coins silver?

Most 1967 Centennial coins are .800 silver, but partway through the year the Mint struck some dimes, quarters, and half dollars in .500 silver as silver prices rose. The two versions look identical and differ only slightly in weight. Silver dollars and half dollars dated 1967 are all .800 fine.

What is the silver content of a Canadian Maple Leaf?

The Silver Maple Leaf contains 1 troy ounce of .9999 fine silver (99.99% pure), making it slightly purer than the American Silver Eagle. It's been minted by the Royal Canadian Mint since 1988 and trades at spot plus a small premium, unlike old circulated Canadian coins which are valued on their lower junk-silver purity.

How does Canadian silver compare to US junk silver?

US junk silver is 90% pure; Canadian is 80% pure. So a US quarter holds more silver (~0.1808 troy oz) than a Canadian quarter (0.15 troy oz). At $75 spot, that's about $13.56 melt for the US coin versus $11.25 for the Canadian. Canadian coins often sell slightly cheaper per ounce of actual metal.

How do I tell if a 1968 Canadian coin is silver?

Use a magnet. 1968 dimes and quarters were struck in both .500 silver and pure nickel, and they look identical. Silver is not magnetic, so if the coin jumps to a strong magnet it's nickel with no melt value; if the magnet ignores it, it's .500 silver. A precision scale confirms it, as the silver versions weigh slightly differently.

Where can I sell Canadian silver coins?

Coin shops, precious-metal refiners, and online bullion dealers all buy Canadian junk silver, typically paying a percentage of melt value. Refiners pay best for larger lots, while collectors may pay above melt for key dates and Centennial coins. Know your coins' total silver melt value first so you can judge whether an offer is fair.

Conclusion: Know the Year, Know the Value

With Canadian coins, the date does almost all the work. Anything 1966 or earlier is reliably silver, 1967–1968 needs a magnet and sometimes a scale, and 1969 onward is base metal. Once you know the purity, it's the same weight-times-spot math as any other metal — just with a currency conversion if you want the answer in CAD.

To value your specific Canadian coins at the live price, use the calculator below — pick the coin, confirm the purity from its year, and see exactly what your Canadian silver is worth right now in CAD or USD.

Calculate Your Canadian Silver at Live Prices

Get instant melt value for Canadian coins and Maple Leafs at the live spot price, in CAD or any currency.

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