One of the biggest benefits to stacking Canadian junk silver coins is that their silver content is in easy to calculate round numbers. The Advantages of Buying Canadian Junk 80% Silver Coins So we'll only concern ourselves with the 20th-century, 80% purity Canadian junk silver in this analysis. Pre-1920 sterling Canadian coins generally aren't found in junk lots because of their higher purity and substantial numismatic value. The 80% fine coins minted between 19 represent the bulk of Canadian junk silver that the average silver stacker will encounter in the marketplace. Canadian silver dollars only came a little bit later, being first struck in 1935 The tiny silver half dime was discontinued in 1921, leaving a coin lineup familiar to most people today: the dime, quarter and half dollar. I'll discuss the messy 1967-1968 end period for Canadian silver coinage later on in this article.Ĭanada further tweaked its silver coin denominations right after World War I. Purity further dropped to 50% briefly in 1967-1968 before switching over to 100% nickel in late 1968. So from 1920 until 1966, 80% purity was the standard alloy for Canadian silver coins. 500 fine silver, Canada only debased its silver coinage to. However, while Great Britain started issuing coinage in. In the aftermath of World War I, both Great Britain and Canada debased their silver coinage due to the expense of the conflict. All of these early Canadian silver coins were struck in 92.5% fine sterling silver, just like the silver coinage of Canada's parent country, Great Britain. This lineup was amended in 1870, when the 20-cent piece was replaced with the quarter (25 cents) and the half dollar (50 cents) was added. The initial denominations were the silver half dime (5 cents), dime (10 cents) and 20-cent piece. The Canadian Royal Mint started striking silver coins in 1858, when Canada was still a British colony. I hope to do my part to correct this by shining a spotlight on this underappreciated silver bullion option.Ī Short History of Canadian Silver Coinage junk silver has, but often gets ignored by the silver stacking community. Today I'd like to talk about the other junk silver - Canadian junk silver! This form of silver bullion has most of same advantages that U.S.
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