Canadian silver quarter (25 cents) (1920–1967) melt value

Canadian 25-cent coins dated 1920 to 1966 are 80% silver, and so are many dated 1967. Older ones, from 1919 and earlier, are 92.5% (sterling) silver. Here's what the silver inside is worth at today's live price.

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Canadian silver quarter (25 cents)s by year

YearsCompositionMelt value
1870–191992.5% silver (sterling)—
1920–196680% silver—
196780% or 50% silver—
1967–1968 (50% silver coins)50% silver—
1968–presentBase metal (no silver)Face value only

Related coins

All coins →
Washington quarter (1932–1964)90% silver—Roosevelt dime (1946–1964)90% silver—Kennedy half dollar (1964)90% silver—Kennedy half dollar (1965–1970)40% silver—

Common questions

How do I know if my canadian silver quarter (25 cents) is silver?

Check the date. Canadian quarters from 1920–1966 are 80% silver. A 1967 quarter is either 80% or 50% silver. A 1968 quarter is either 50% silver or nickel. Nickel quarters stick to a strong magnet and weigh about 5.05 grams; silver quarters do not stick and weigh about 5.83 grams. From 1937 the back shows a caribou; the 1967 centennial quarter shows a bobcat. Coins from 1920–1952 are slightly smaller (23.62 mm). Face value is 25 Canadian cents.

Why does a dealer pay less than melt value?

Dealers need room to cover refining, shipping and resale costs, so most pay a percentage of melt value for common-date coins.

What is "junk silver"?

Common-date 90% silver coins that are bought and sold for their silver content rather than their collector value.

Is it legal to melt coins?

US rules prohibit melting one-cent and five-cent coins. That rule does not cover dimes, quarters, half dollars, dollars or bullion coins. Most people sell coins whole to a dealer rather than melting them.