Canada $1 FV 80% Silver

The Canadian 80% Silver Dollar is a staple in Canadian coinage, originally minted for circulation from 1935 to 1967. These coins, also known as "Junk Silver" due to their intrinsic silver value, offer a fascinating glimpse into Canada's monetary history. Featuring iconic Canadian symbols, they have become a favorite among collectors and investors for their silver content and historical significance.

Design and Specifications

• Obverse (front): The obverse typically features a portrait of the reigning monarch, with designs changing to reflect the current king or queen. The inscription includes the monarch's name and title.
• Reverse (back): Various designs have been used, including the famous "Voyageur" design, which depicts a canoe with a voyageur and an Indigenous person, set against a backdrop of trees and the Northern Lights.
• Weight: 23.33 grams
• Silver Content: 0.600 troy ounces of pure silver
• Fineness: 80% silver (0.800 fineness)

Mint Marks and Varieties

The 80% Silver Dollar was primarily struck at the Royal Canadian Mint in Ottawa, with no mint mark indicating this origin. While the majority of these coins were produced in Ottawa, certain years are particularly noteworthy for their lower production numbers or unique historical context:

• 1935: The inaugural year, marking the 25th anniversary of King George V's reign, with limited mintages making it particularly desirable.
• 1947 Maple Leaf: Following World War II, some coins minted in 1948 were struck with a small maple leaf beside the date, indicating they were struck in 1947.
• 1948: Known for its low mintage, as the new dies with "1948" were delayed due to the independence of India, leading to a reduced number of coins being struck.
• 1958 Totem: Features the unique "Totem Pole" design, a departure from the traditional Voyageur design, making it a standout year for collectors.

Collectible Varieties

• 'Voyageur' (1935-1967): The classic reverse design, most commonly associated with Canadian silver dollars.
• 'Totem Pole' (1958): A unique design commemorating British Columbia's centennial, adding historical and cultural value.
• 1947 Maple Leaf Variety: A transitional variety that is highly sought after due to its historical context and rarity.

Common Dates vs. Rare Dates

The 1965 and 1966 issues had large mintages, making them some of the most common in the market. These coins are frequently traded based on their silver content rather than numismatic value, making them a popular choice for silver investors.

Rare Dates and Varieties

The 1948 issue is particularly rare and valuable due to its low mintage, and it is highly coveted by collectors. Other notable rare varieties include the 1947 Maple Leaf edition, which holds significant interest due to its historical production circumstances.

Various Grades and Values

The value of Canadian 80% Silver Dollars depends on their condition (grade), rarity, and specific year or variety. Here is a general estimate of the value based on grades for common-date coins:

• Good (G): $20-30
• Fine (F): $25-35
• Extremely Fine (XF): $30-40
• About Uncirculated (AU): $40-60
• Brilliant Uncirculated (BU/MS): $60-100

Rare dates and key varieties like the 1948 and 1947 Maple Leaf can command higher prices, often exceeding several hundred dollars, especially in higher grades.

The Canadian 80% Silver Dollar remains an important piece of Canadian numismatic history. While common-date coins provide an affordable entry point for silver investors, rare dates and unique varieties are highly sought after by collectors. With their historical significance and intrinsic silver value, these coins continue to attract interest from a wide range of enthusiasts.

$1 FV Canada 80% Silver Auctions