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Canadian Silver Coins Melt Value

As of October 2, 2026, with silver at US$60.19 per troy ounce, an 80 percent silver Canadian dollar has a melt value of US$36.11 (C$51.43), a quarter US$9.03 (C$12.86) and a dime US$3.61 (C$5.14). Any C$1 of face value in 80 percent coins holds 0.6 troy ounces of silver.

Canadian dimes, quarters, 50-cent pieces and dollars were 80 percent silver through 1966, and some 1967 and 1968 coins were 50 percent. The headline melt value below is in US dollars and tracks the live silver price.

Melt value per coin, 80% silver quarter

$9.03/coin

-1.28%

50% silver quarter (1967 to 1968) (50% silver, 0.0937 troy oz): $5.64 per coin

ASW
0.1500 troy oz
Purity
80% silver
Silver spot
$60.19/oz
As of
Oct 2, 2026, 17:24 UTC

1 coin: $9.03

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Canadian Silver Coin Melt Values by Denomination

Every circulating Canadian silver coin from 1920 to 1968, with its silver content and live melt value. The 80 percent coins hold silver in exact proportion to face value, 0.6 troy ounces per Canadian dollar, whether that's ten dimes, four quarters, two 50-cent pieces or one silver dollar. Specifications are from NGC's world silver melt value guide.

CoinDatesSilverSilver content (troy oz)Melt value (US$)Melt value (C$)
10 cents1920 to 1966, some 196780%0.0600US$3.61C$5.14
25 cents1920 to 1966, some 196780%0.1500US$9.03C$12.86
50 cents1920 to 196780%0.3000US$18.06C$25.71
$11935 to 196780%0.6000US$36.11C$51.43
10 centssome 1967, some 196850%0.0375US$2.26C$3.21
25 centssome 1967, some 196850%0.0937US$5.64C$8.03

Canadian dollar figures convert at 1.4240 CAD per US dollar, the October 2, 2026 daily reference rate. Silver priced directly in Canadian dollars is on the silver price in CAD page.

Which Canadian Coins Are Silver?

Dimes, quarters and 50-cent pieces dated 1920 to 1966 are 80 percent silver, and so is every circulating silver dollar from 1935 to 1967. Coins dated 1919 or earlier are 92.5 percent sterling (see the table further down). Circulating coins dated 1969 or later contain no silver. Only 1967 and 1968 need a closer look.

Date10 cents25 cents50 cents$1
1920 to 196680% silver80% silver80% silver80% silver (from 1935)
196780% or 50% silver80% or 50% silver80% silver80% silver
196850% silver or nickel50% silver or nickelNickelNickel
1969 onwardNo silverNo silverNo silverNo silver

Partway through 1967 the dime and quarter dropped from 80 to 50 percent silver. The two versions look the same and weigh the same, so only a specific gravity test or a dealer's XRF reading separates them; untested, it's safest to count a 1967 dime or quarter at the 50 percent figure. In 1968 the dime and quarter were struck in both 50 percent silver and pure nickel, and a magnet sorts those: nickel coins stick to it, silver ones don't. The 1968 50-cent piece and dollar are nickel only.

Canadian Silver Melt Value per Dollar of Face Value

Canadian dealers often quote 80 percent silver as a multiple of face value. C$1 face holds 0.6 troy ounces in 80 percent coins and 0.375 ounces in 50 percent dimes or quarters.

Face valueSilver contentMelt value (US$)Melt value (C$)Times face value
C$1 face, 80% coins0.6000 troy ozUS$36.11C$51.4351.4x
C$10 face, 80% coins6.000 troy ozUS$361.14C$514.2751.4x
C$1 face, 50% dimes or quarters0.3750 troy ozUS$22.57C$32.1432.1x
C$10 face, 50% dimes or quarters3.750 troy ozUS$225.71C$321.4232.1x

These are full mint weights. Worn coins hold slightly less silver, so buyers of circulated lots often pay a little under the figures above. For US 90 percent coins, which hold 0.7234 ounces per US dollar of face, use the junk silver calculator.

Sterling Coins Before 1920 and Silver 5-Cent Pieces

Canadian dimes, quarters and 50-cent pieces were 92.5 percent sterling silver until 1919. The small silver 5-cent piece was sterling through 1919 and 80 percent in 1920 and 1921, before the nickel 5-cent coin replaced it in 1922.

CoinDatesSilverSilver content (troy oz)Melt value (US$)Melt value (C$)
5 cents1858 to 191992.5%0.0346US$2.08C$2.97
5 cents1920 to 192180%0.0300US$1.81C$2.57
10 cents1858 to 191992.5%0.0691US$4.16C$5.92
25 cents1870 to 191992.5%0.1734US$10.44C$14.86
50 cents1870 to 191992.5%0.3469US$20.88C$29.73

Most coins from this period are old enough that collector value, not silver, sets the price. Melt is the floor for heavily worn common dates.

Are Canadian Silver Coins Worth More Than Melt?

Most circulated dimes, quarters and 50-cent pieces from the 1950s and 1960s trade close to melt. Key dates are priced on rarity instead: the 1921 50-cent piece, the 1921 silver 5-cent piece, the 1948 silver dollar and the 1936 "dot" coins are well-known examples, along with better-grade coins of any date. Check dates before a mixed lot is sold by weight. Typical dealer markups on bullion products are on the coin premium page, and US silver coins are compared on the silver coin melt values table.

Published by MetalCharts, a free precious metals resource providing real-time prices, interactive charts, educational guides, and portfolio management tools. All market data sourced from COMEX, LBMA, and LME.

Data Methodology

How is the melt value per coin calculated?
An 80 percent Canadian quarter weighs 5.8319 grams and contains 0.1500 troy ounces of pure silver; the 50 percent quarters of 1967 and 1968 weigh the same and contain 0.0937. Melt value is that silver content multiplied by the silver spot price in US dollars per troy ounce. Canadian dollar figures on this page multiply the US dollar value by the latest daily USD/CAD reference rate. Specifications are NGC's.
Where does this price data come from?
Silver spot prices come from market data feeds that track the primary global exchanges, with an automatic fallback to a second feed. Prices update in real time during market hours, and each one is the latest available mid-market spot rate.
How is the silver spot price determined?
The silver spot price is derived from the most actively traded futures contracts on COMEX (CME Group) and the London Bullion Market Association (LBMA). The spot price represents the current market price for immediate delivery, calculated from near-month futures contracts adjusted for carry costs. During off-hours, prices reflect OTC (over-the-counter) trading across global markets, providing continuous 24-hour price discovery.
When are precious metals markets open?
COMEX futures trade Sunday through Friday, 6:00 PM to 5:00 PM ET (23 hours per day with a 1-hour break). The London Bullion Market (LBMA) operates Monday to Friday with two daily fixings: AM fix at 10:30 AM London time and PM fix at 3:00 PM London time. Outside of formal exchange hours, precious metals continue to trade on OTC markets globally, meaning prices can move 24 hours a day, 5 days a week.

Frequently Asked Questions

What years are Canadian coins silver?
Dimes, quarters and 50-cent pieces dated 1919 or earlier are 92.5 percent silver, and those dated 1920 to 1966 are 80 percent silver. Silver dollars from 1935 to 1967 are 80 percent. In 1967 dimes and quarters were struck in 80 or 50 percent silver, and in 1968 in 50 percent silver or nickel. Circulating coins dated 1969 or later have no silver.
How much silver is in a Canadian silver dollar?
A 1935 to 1967 Canadian silver dollar weighs 23.3276 grams at 80 percent silver, or 0.6000 troy ounces of pure silver. At the current spot price of US$60.19 per ounce that's a melt value of US$36.11 (C$51.43).
Is a 1967 Canadian quarter silver?
Yes. Every 1967 quarter is silver, either 80 percent (0.1500 troy ounces) or 50 percent (0.0937 troy ounces), since the alloy changed partway through the year. The two can't be told apart by eye or by weight, so untested coins are safest valued at the 50 percent figure. The same applies to 1967 dimes.
How can I tell if a 1968 Canadian dime or quarter is silver?
Use a magnet. 1968 dimes and quarters were struck in both 50 percent silver and pure nickel. The nickel coins are attracted to a magnet and contain no silver; the silver ones aren't. The 1968 50-cent piece and dollar are nickel only.
How much is $1 face value of Canadian silver worth?
C$1 face value of 80 percent coins holds 0.6 troy ounces of silver, worth US$36.11 (C$51.43) at today's spot price. In 50 percent dimes or quarters, C$1 face holds 0.375 ounces.
Are 1968 and later Canadian silver dollars silver?
Circulating dollars dated 1968 or later are nickel, and the loonie that replaced them in 1987 has no silver either. The Royal Canadian Mint has also sold silver dollars to collectors since 1971; those are separate collector issues with their own silver content, and they aren't covered by the tables on this page.