Silver Coin
Canadian Silver Coins, another way to invest in Junk Silver Coins
Canadian silver coins are another way to acquire and own silver. Remember, junk silver coins are purchased for the value of the silver they contain, not for the face value of the coin nor for any numismatic, or collector value the coin might have. (Of course, if the coin has numismatic value it is not, by definition, a junk silver coin.) As a general rule one should own silver coins minted by the country they live in for the simple reason that domestic coins are more likely to be recognized and accepted than foreign coins when the time comes to sell or barter them.
This doesn’t mean that there isn’t a place for foreign coins in your collection. Silver coins minted by various foreign countries still contain a given amount of silver and still have a value based on that silver content. Remember, the reason we want to own junk silver coins is for the value of the silver they contain. Just like the junk silver coins minted in the United States, these coins are readily available, easy to find and contain a known amount of silver, which makes them easy to find.
A popular form of junk silver coins, especially in North America, are the Canadian silver coins, which were minted in Canada up until 1968. There are fundamental differences between the American and Canadian coins that one needs to be aware of before buying the coins. The biggest difference is that Canadian silver coins are composed of 80% silver and 20% copper, which is significantly less than the 90% silver US silver coins contain.
While silver coins were minted in Canada since 1858 the most popular and plentiful Canadian Silver coins (the ones you’ll probably find) were those minted between 1920 and 1967. As mentioned previously, Canadian silver coins minted during this time were 80% silver, not 90% silver like US Junk Silver coins. This difference in composition means that the simple calculation that $1.40 in face value equals one Troy ounce of silver one can make with US coins doesn’t apply here. With Canadian coins you need $1.67 in face value to equal one troy ounce of silver.
Further confusion is provided with the 1967 Canadian silver coins. The silver composition of Canadian coins was changed in 1967 from 80% silver to 50% silver, with identical coins containing both amounts of silver minted during that time. This means that the coins minted in 1967 were either 50% or 80% silver with no discernable means of telling the difference. For the junk silver buyer this problem is easily solved by simply avoiding the coins minted in 1967 and 1968. I mean, who wants to pay for an 80% silver coin and end up one that only contains 50% silver?
As with American silver coinage the high price of silver spelled doom for commodity money based on the metal. After diluting the silver content of their coinage in 1967-1968 from 80% to 50% silver was dropped completely in 1969 when Canadian coins started to be composed largely of nickel, thus ending the general circulation of silver coinage in Canada.
So there you have it, another source for quality silver coins you can add to your collection to protect your wealth by owning precious metals.
About the Author
Steve Chambers has invested in precious metals for many years and is a firm believer that everyone should hold a portion of their wealth in the form of silver and gold coins. His website, http://www.junksilveronline.com contains information and resources designed to educate people on how to invest in physical silver, specifically junk silver coins. Junk silver coins provide an easy, affordable and simple way to own silver coins to protect your wealth in these turbulent economic times.
silver coins
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Belgium Large 999 Silver Proof coin 1996 $19.99 |
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Sweden Silver 999 Proof coin 1996 $19.99 |
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1995 OLYMPIC HERITAGE Silver $10 2 Coin Set in Box $23.77 |
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5-SQUARE COIN TUBES FOR (SILVER EAGLES) COIN SAFE $6.99 |
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PORTUGAL 3X20€ SILVER COINS VASCO GAMA LISBON SAIL 1998 $49.99 |
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2010 Bush Babies Sugar Glider 1/2oz Silver Proof Coin $55.76 |
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2009 ANDA Coin Fair Silver Proof 20 Cents PERTH MINT $21.51 |
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XII Commonwealth Games Brisbane 1982 Silver $10 Coin $18.24 |
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Russia silver coin 15kop 1914 (222) $5.99 |
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1964 Gem Proof Silver Roosevelt Dime US Coin $3.95 |
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2009 ANDA Coin Fair Silver Proof 20 Cents PERTH MINT $18.29 |
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Russia silver coin 15kop 1913 (223) $5.99 |
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1941 (P) VF Walking Liberty Silver Half Dollar US Coin $12.18 |
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CANADA 5 CENTS 1888 COIN VF SILVER $7.77 |
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DIGITAL SILVER COIN SCALE for Rolls Morgan Peace Dollar $9.99 |
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Russia silver coin 15kop 1913 (224) $5.99 |
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1955 (P) Bugs Bunny AU Franklin Silver Half Dollar Coin $28.62 |
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1 oz SILVER 2010 AUSTRALIAN KOOKABURRA PERTH MINT COIN $24.99 |
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Russia silver coin 15kop 1913 (225) $5.99 |
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1962 Gem Proof Cameo Silver Roosevelt Dime US Coin $14.95 |
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20 kreuzer Austrian Empire Silver Coin $0.99 |
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CANADA 5 CENTS 1899 COIN VF SILVER $7.00 |
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Russia silver coin 15kop 1912 (226) $4.99 |
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AUSTRIAN HUNGARIAN IMP 1832 PAIR SILVER COIN * $80.00 |
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Russia silver coin 15kop 1912 (227) $5.99 |
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1959 D Choice BU Silver Roosevelt Dime US Coin $4.45 |
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1923 S VF Silver Peace Silver Dollar US Coin $28.22 |
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Russia silver coin 15kop 1912 (228) $7.99 |
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1897 (P) Good Barber Liberty Head Silver Quarter Coin $6.95 |
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1/2 Mark 1915 silver coin Germany $0.99 |
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Sony ICF-CD7000BLK AM/FM Stereo CD Clock Radio $59.99 SONICFCD7000B Features automatic time set and daylight savings time changes so you’ll never have to worry about setting the clock yourself. Triple time display shows the current time, and both alarm times, keeping you on top of your time-management. Global Product Type: Radios; System Type: N/A; Time Format: Standard; Color(s): Black/Silver.PRODUCT DETAILS: -Time Format: Standard. -Post-Consumer … |
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2010 Silver American Eagle – West Point Mint – Investment Grade Silver Bullion $22.25 These gorgeous coins are minted at West Point, New York and contain one ounce of 0.999 pure silver. These are legal tender silver dollar coins authorized by the United States government. Makes an excellent (and affordable) gift! This is a preorder sale. Items should be ready for shipment around the time this auction ends. Picture is of a 2010 coin. The obverse design features Adolph A. Weinman’s… |
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US Balance ACE 100 x 0.01g Grams Digital Grain Scale Grain Coin Scales in Silver $27.00 Digital scale that weighs in grams, ounces, dry weight and grains. It operates on two AAA batteries. It features an automatic shut off when not in use and has a calibration mass of 100 g. It measures 5 1/8 x 3 x 7/8. Uses include: Jewelry, Precious metals, Gun powder, Laboratory and Medical…. |
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U S Silver Commemorative Coins $29.95 … |
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Duck Brand Colored Duck Tape, 1.88 Inches x 15 Yards, Silver Coin (1303158) $6.29 Almost everyone has a Duck Tape story to tell, usually praising its remarkable strength and versatility. Duck Brand Duck Tape has a wide range of applications, both traditional and nontraditional, and is now available in over 18 colors and patterns, making it even more useful than ever! Because of its strength and adhesive properties, you can use Colored Duck Tape for almost any job, including eve… |
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Trimmer Clear with Silver Coins Polyresin Seat Embedded 3D Coins $40.01 The coins are not real, but they look real…. |
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Zerust 12 x 18 Silver Jewelry and Coin Anti Tarnish Bag $11.94 Tarnish and Corrosion Protection for: Jewelry & Watches, Silver & Gold Tableware Silverware, Brassware, Copperware and Coins. Protect silver jewelry and antique or collectable coins from tarnish and corrosion. Our protective bags are soft and woven with Zerust® anti-tarnish formula that surrounds your valuables and protects them against tarnish damage. The Zerust formula is FDA approved food-safe… |
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Nickelback – The Long Road Track Listings 1. Flat on the Floor |
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Wadada Leo Smith: Kabell Years, 1971-1979 $34.80 … |
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Dark Cloud Silver Lining $14.49 … |
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Belt – Straight Coin – Silver $14.51 STRAIGHT COIN BELT |
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Belt – Looped Coin – Silver $24.52 LOOPED COIN BELT |
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Silver Coin Holder $11.79 Silver Coin Holder This attractive and affordable coin holder will enliven any office. Tennis racquet is gold plated and the coin holder area is brass plated. |
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Oakland A’s Silver Coin Ornament $14.95 Oakland A’s Silver Coin Ornament Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Large Silver Coin Necklace $75 This large silver coin necklace is bold and versatile. The necklace features a long, thin chain, adding drama to the piece. Finishing off this look is a large silver pendant, shaped like a coin. On the coin, an ornate swirl pattern accents the pendant. This dramatic piece can be a bold touch for a night out. |
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Silver Madonna and Child Coin $39.95 This fabulous silver coin was minted in Hungary between 1540 and 1600 and features the Madonna and Child on the obverse. $39.95 |
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Earrings: Silver Coin $4.99 Authentic round silver metal coin earrings made in India. Great costume jewelry accessory for a belly dancer or gypsy costume. |
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Azes II Silver Coin of Christ $49.95 A Silver Drachma coin from Persian King Azes II. Authentic ancient silver coin dates from the time of Christ. $49.95 |
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Coin Pearl Silver Earrings $60 Coin pearl silver earrings are modest in size, but have an heirloom quality that gives the delicate pieces a grand feel. Gorgeous freshwater coin pearls are bezel set in sterling silver, to frame their light in more luxury. The earrings are a lovely bit of extravagance. |
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Ben Amun Oxidized Silver Coin Earrings $125 Ben Amun Oxidized Silver Coin Earrings |
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Washington Nationals Ornament – Silver Coin $14.95 Washington Nationals Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Milwaukee Brewers Ornament – Silver Coin $14.95 Milwaukee Brewers Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Cincinnati Reds Ornament – Silver Coin $14.95 Cincinnati Reds Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Colorado Rockies Ornament – Silver Coin $14.95 Colorado Rockies Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Detroit Tigers Ornament – Silver Coin $14.95 Detroit Tigers Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Cleveland Indians Ornament – Silver Coin $14.95 Cleveland Indians Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Florida Marlins Ornament – Silver Coin $14.95 Florida Marlins Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Houston Astros Ornament – Silver Coin $14.95 Houston Astros Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Minnesota Twins Ornament – Silver Coin $14.95 Minnesota Twins Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Pittsburgh Pirates Ornament – Silver Coin $14.95 Pittsburgh Pirates Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Philadelphia Phillies Ornament – Silver Coin $14.95 Philadelphia Phillies Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Seattle Mariners Ornament – Silver Coin $14.95 Seattle Mariners Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Texas Rangers Ornament – Silver Coin $14.95 Texas Rangers Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Atlanta Braves Ornament – Silver Coin $14.95 Atlanta Braves Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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Arizona Diamondbacks Ornament – Silver Coin $14.95 Arizona Diamondbacks Ornament – Silver Coin Hang a Minted Coin on your Tree! A Fine silver plated 39mm (1.5") team Coin is protected in an acrylic capsule with string to hang on your tree! Delivered in a custom box, each minted team coin is Officially Licensed by Major League Baseball Properties |
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