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Canadian Coin Melt Value Calculator
Calculate what any Canadian coin is worth for its precious metal content using live spot prices, updated every 15 minutes.
Coin Details
Melt Value
Melt value only. Numismatic (collector) value may be higher. Prices update every 15 minutes.
Canadian Silver Coin Melt Values
These are the current melt values for common Canadian silver coins, calculated from live spot prices. Click any row to load it into the calculator.
| Coin | Years | Weight (oz) | Purity | Silver (oz) | Melt Value |
|---|
Canadian Gold Coin Melt Values
Current melt values for popular Canadian gold coins and bullion.
| Coin | Weight (oz) | Purity | Gold (oz) | Melt Value |
|---|
About purity periods: Canadian silver coins struck before 1920 are sterling silver (92.5% pure). Coins from 1920 to 1967 are 80% silver. Some 1967 and 1968 coins exist in both 80% and 50% silver versions. After 1968, circulation coins contain no silver. Modern bullion coins (Silver Maple Leaf) are 99.99% pure silver.
Frequently Asked Questions
How do you calculate the melt value of a Canadian coin?
Melt value = Weight (troy oz) × Purity × Spot Price. For example, a 1 oz .9999 fine Silver Maple Leaf with silver at $30 USD/oz has a melt value of 1 × 0.9999 × $30 = $29.997 USD. Convert to CAD using the current exchange rate.
What is the silver content of pre-1967 Canadian coins?
Coins minted before 1920 contain 92.5% silver (sterling). Coins from 1920 to 1967 contain 80% silver. Some 1967 and 1968 coins may contain 80% or 50% silver depending on the denomination and production run.
Is it legal to melt Canadian coins?
Under the Currency Act, it is legal to melt Canadian coins that are no longer in circulation or that have been defaced. However, melting current legal tender for profit (e.g., melting nickels for their nickel content) occupies a grey area. In practice, selling silver coins to a refiner or bullion dealer who melts them is common and accepted. When in doubt, sell your coins as-is rather than melting them yourself.
Are Canadian coins worth more melted or as collectibles?
It depends on the coin. Common-date pre-1967 silver coins in circulated condition are typically worth close to their melt value. However, key dates, high-grade coins, and coins with errors or varieties can be worth significantly more to collectors. Modern commemorative coins from the Royal Canadian Mint often carry numismatic premiums well above melt value. Always check collector value before melting.
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