Canadian Silver 50 Cents Melt Value

A Canadian Silver 50 Cents contains 0.3000 troy oz of pure silver, worth $16.21 at today's spot price.

Canadian 50-cent pieces were silver through 1967. From 1968 they were made of nickel.

80% silver (1920–1967)

$16.21 silver melt value per coin

0.3000 troy oz silver · 80% silver, 20% copper

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 24, 12:19 AM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 1920–1967
Face value 50¢ CAD
Composition 80% silver, 20% copper
Gross weight 11.66 g
Fineness .800 (80%)
Pure metal 0.3000 troy oz (9.331 g)
Diameter 29.72 mm

How the melt value is worked out

Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 11.66 g × .800 fine ÷ 31.1035 g per troy oz = 0.2999 troy oz (the issuer states 0.3000 troy oz, which we use)
    0.3000 troy oz × $54.05 spot = $16.21

How to identify it

  • Coins dated 1967 or earlier are silver; 1968 and later circulating coins are nickel.

Melt value vs. collector value

Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.

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Sources

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