- Dimes, Quarters, Half Dollars, and Dollars: Prior to mid-1967, these denominations contain 80% silver.
- Mid-1967 to 1968 (Dimes and Quarters): There was a transition period where coins were minted with both 80% silver, 50% silver, and pure nickel content, [according to U.S. Gold Bureau].
- Post-1968: Generally, these denominations were minted with pure nickel or other non-silver alloys, [says Seattle Gold].
- Pre-1920 (Dimes, Quarters, Half Dollars): These coins were composed of 92.5% silver.
- Silver is not magnetic: A quick and easy way to determine if a Canadian coin has silver content is to see if it attracts a magnet.
- If it sticks to the magnet, it’s not silver: Nickel and steel coins will be attracted to a magnet, while silver coins will not.
- Silver coins have a distinct ring: You can also perform a ring test. Hold the coin by the edge with your thumb and forefinger and gently tap it with another metal object, such as another coin.
- A clear, bell-like ring suggests silver: A genuine silver coin will produce a clear and resonant ringing sound, while a clad coin (not made of silver) will produce a dull thud or a clicking sound.
- Edge inspection: Some US coins, like the 40% silver Kennedy half dollars, have a visible silver stripe on their edge. However, this method doesn’t always apply to foreign coins.
- Seek professional evaluation: If you are still unsure about the authenticity or value of your coin, it is always recommended to consult a professional coin dealer or numismatist for expert evaluation.
Important considerations:
- Specific gravity testing: Another method for testing silver content involves determining the specific gravity of the coin and comparing it to known values for silver alloys.
- Pre-1920 Canadian coins contain a higher silver percentage: 92.5% compared to 80% or 50% in later years.
- Silver content was reduced in 1967 and 1968 due to rising silver prices, [notes U.S. Gold Bureau].
- Be cautious of counterfeit coins: Learning about identifying features like micro-engraving on Silver Maple Leaf coins can help avoid counterfeits, says GovMint.com.
How can you tell if a Canadian coin is silver or nickel?
What are they worth this one here maybe uh three or four dollars for the silver. One this one here the nickel one you might get 50 cents on eBay. Maybe a dollar if you’re lucky.