CA 80% Silver Coinage - Junk Silver

There is no denying that Canadian silver dollar coins are highly appealing. Global collectors like the exquisite designs with a focus on nature. The most sought-after silver dollars produced by the Royal Canadian Mint are those produced between 1935 and 1967. This is your chance to purchase a CA 80% Silver Coinage - Junk Silver.

Coin Features

• 80% silver content (.600 Troy ounces of.999)
•   Coin date: 1935–1967; coin received will vary according on available stock.
•   The coin's reverse features a picture of Queen Elizabeth II.
•   On the back is a picture of a fur trader and an Indigenous Canadian in a canoe.

CA 80% Silver Coinage - Junk Silver Design

The 80% Silver Canadian Dollars are viewed by some as a desirable substitute for US dollars. Dollar Silver. These coins commemorate a period in Canadian history when the silver dollar's design deviated from its utilitarian appearance until 1935. King George V. donning his unique coronation robe and sporting an Imperial State Crown was shown on these coins. Although the portrait of a sovereign leader on the coin seemed a bit showy, the image on the reverse was a work of art that conveyed a narrative. The artwork depicts a fur merchant who is referred to by the locals as a voyageur and a Native Canadian who is paddling a canoe. And the Northern Lights are above them. There are evergreen trees in the background.

The coin's obverse had multiple changes between 1935 and 1967. When George VI became king in 1937, everything changed. When Queen Elizabeth II took the throne in 1953, it underwent another shift. Since she became queen, the queen's design has evolved to reflect her growing maturity. Now is the ideal moment to get one of these 1935–1967, 80% Canadian Silver Dollars. These coins feature a decent silver content along with a lovely design. Obtain yours right now.

A Brief Overview of Canadian Silver Coinage History

When Canada was still a British territory, the Canadian Royal Mint began producing silver coins in 1858.  The silver half dime (5 cents), dime (10 cents), and 20-cent piece were the original denominations.  In 1870, the quarter (25 cents) took the place of the 20-cent piece in this sequence, and the half dollar (50 cents) was added.  Like Great Britain, Canada's parent nation, all of these early Canadian silver pieces were minted in 92.5% pure sterling silver.

Due to the high cost of the war, both Canada and Great Britain depreciated their silver coins following World War I.  But Canada only debased its silver currency to.800 fine, while Great Britain began issuing coinage in.500 fine silver.  Consequently, the standard alloy for Canadian silver coins from 1920 to 1966 was 80% purity.  Before returning to 100% nickel in late 1968, purity briefly decreased to 50% again in 1967–1968.  Later in this post, I'll go over the complicated 1967–1968 end era for Canadian silver currency. 

Soon after World War I, Canada made more adjustments to the denominations of its silver coins.  The dime, quarter, and half dollar are the coins that most people are familiar with today after the tiny silver half dime was phased out in 1921.  It was not until 1935 that Canadian silver dollars were first produced. The majority of junk silver in the Canadian market that the average silver stacker will come upon is comprised of the 80% of good pieces that were struck between 1920 and 1966.  Since pre-1920 Canadian sterling coins have a greater purity and significant numismatic value, they are typically not found in rubbish lots.  Therefore, in our research, we will only be concerned with the Canadian junk silver of the 20th century that is 80% pure.

The Advantages of Buying Canadian Junk 80% Silver Coins

The fact that Canadian junk silver coins have easy-to-calculate spherical silver content is one of their main advantages.  The fine silver content of a Canadian quarter struck before 1967 is 0.15 troy ounces, and a Canadian dime is 0.06 troy ounces. A Canadian silver dollar made before 1968 has 0.6 troy ounces of fine silver and a Canadian half dollar, 0.3 troy ounces.  These figures only apply to 80% fine Canadian silver currency.  Subsequent 50% fine coins have less silver than earlier sterling silver Canadian coins.

Although this may seem like a very minor point, for certain stackers it is an almost essential benefit.  You merely need to multiply the face value by 0.6 to determine the precise amount of silver you have in your Canadian junk silver stack.  Twelve troy ounces of fine silver, for instance, would be equivalent to $20 in Canadian 80% silver pieces.  It would be 4.95 troy ounces for $8.25.  33 troy ounces would equal the face value of $55.  Depending on your arithmetic prowess, you may be able to calculate the 0.6 multiplier without even using a calculator because it is simple to memorize.

Compared to U.S. 90% junk silver, where the ratios are always excruciatingly difficult, this is far better.  It is assumed that circulated U.S. junk silver contains 0.715 troy ounces of silver for every $1 face value, a figure that is difficult to compute or recall.  Even more confusing is the ratio for very barely circulated or uncirculated U.S. junk silver, where each $1 face value is equivalent to 0.7234 troy ounces.  Unless the number is quite round, such as $10 or $100 face value, you cannot figure these figures out in your brain.

Naturally, the handy 0.6 ratio for Canadian junk silver only holds true for coins that are infrequently in circulation, but I'll talk about that in a later section of this piece. One other significant benefit of Canadian junk silver is the near impossibility of ever coming across fakes.  Like the nation from whence it originates, Canadian currency is not widely known.  This is the reason why, at least thus far, Chinese counterfeiting rings that produce phony American coins don't bother with Canadian ones. However, fake US rubbish silver coins are likewise not very frequent.  Simply put, fakers' profit margins are too narrow.  However, there is one significant exception to this generalization.  The only American junk silver coins that seem to have enough collector appeal and numismatic worth to encourage the manufacture of fake common-date specimens are the Morgan and Peace dollars.

Utah Gold Buyers Contact Information

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