1907 Canadian 25-Cent (Quarter) Value Guide

The 1907 Canadian 25-cent piece occupies a historically singular position: it is the final full year of exclusive production by the Royal Mint in London (Tower Hill) before the Ottawa branch of the Royal Mint opened on January 2, 1908, closing the book on Canada’s colonial coinage supply chain. Struck in sterling silver at the height of the Edwardian economic boom, it was produced in substantial numbers yet consumed voraciously by a rapidly industrializing economy — making it a true condition rarity in Mint State despite a reported mintage of 2,088,000 pieces. For the complete history and values across all Canadian 25-cent coins, visit our Canadian Quarter Value Guide.

Note: Error coins exist for the Edwardian quarter series but are outside the scope of this standard value guide, which covers non-error business strikes and recognized die varieties only.

1907 Canadian Quarter Composition & Melt Value

Sterling silver composition of the 1907 Canadian quarter: 92.5% silver and 7.5% copper, yielding 0.1728 troy oz of pure silver per coin and an approximate melt value of $14–$15 CAD at February 2026 silver prices.

Sterling Silver Composition

The 1907 Canadian quarter is struck to the Sterling Silver standard — 92.5% silver and 7.5% copper — the same alloy used in British Crown coinage and required by the Canadian Coinage Act of the era. The 7.5% copper is a functional hardening agent for circulation durability; it carries no meaningful bullion significance. This sterling standard persisted in Canadian 25-cent coinage until 1920, when wartime economics prompted a debasement to 80% silver. The coin’s total weight of 5.81 grams and diameter of 23.62 mm are slightly different from the modern Canadian quarter (23.88 mm), reflecting the specifications of the British Coinage Act applicable to colonial issues of the period.

A note on weight standards: some general sources cite 5.83 grams as the weight for Edwardian quarters. Royal Mint records and specific numismatic analyses for London-struck coins of the 1870–1910 period indicate the authorized standard was 5.81 grams. A 1907 quarter weighing exactly 5.81 g is within proper tolerance; a coin significantly below 5.60 g without proportional wear warrants authentication scrutiny.

Melt Value (February 2026)

Each 1907 quarter contains 5.37 grams of pure silver, equivalent to 0.1728 troy ounces (ASW — Actual Silver Weight). With silver trading at approximately $80–$85 CAD per troy ounce in February 2026, the intrinsic melt value of a 1907 Canadian quarter is approximately $14.00–$15.00 CAD. This establishes the effective price floor for even the most heavily worn or damaged examples. Any coin grading VG-8 or better commands a numismatic premium above this bullion floor.

Authentication: Magnet Test

Sterling silver contains no ferrous (iron) metals and is therefore non-magnetic. A genuine 1907 Canadian quarter will not be attracted to a magnet. If a coin purporting to be a 1907 quarter sticks to a magnet, it is not a genuine sterling silver coin — it may be a later steel planchet issue, a counterfeit, or a wrong-planchet anomaly. This five-second test is the simplest and most immediate authentication check available and costs nothing.

Weight as a Diagnostic Tool

An accurate digital scale (resolution of 0.01 g) can provide useful authentication data alongside the magnet test. The authorized weight for a 1907 London-struck quarter is 5.81 grams. A coin significantly below approximately 5.60 g without proportional evidence of heavy circulation wear should raise concern about authenticity, planchet clipping, or physical damage.

1907 Canadian Quarter Value Chart by Grade

The 1907 Canadian quarter is a textbook condition rarity: widely available in circulated grades at accessible prices, but extraordinarily scarce in Mint State. Although 2,088,000 were struck — a relatively high mintage for the era — the coins were immediately pressed into heavy circulation in a booming Canadian economy, and subsequent silver melt events in the late 20th century destroyed millions of worn examples. Population reports indicate fewer than 200–300 coins combined have been certified MS-60 or higher across all grading services. All values below are in CAD and reflect typical retail prices as of February 2026, based on Coins and Canada price data, NGC Price Guide for Canada 25 Cents KM 11, and specialist dealer and auction records.

Grade comparison of the 1907 Canadian quarter at VF-20 (left), EF-40 (centre), and AU-50 (right). Note the progressive sharpening of the crown band, pearl definition, and surface luster across the three grades. (Illustration — not a photo of your exact coin)

1907 Canadian Quarter — Business Strike Value Table

A 1907 quarter in an ICCS MS-65 holder has been offered by specialist dealers in the $4,250–$5,000+ CAD range. At registry-set auction, competing collectors have been known to push PCGS-certified Gem examples toward $8,000–$10,000 CAD. PCGS-certified coins typically command a 10–20% premium over ICCS-certified examples in the US market. For recent Canadian auction realizations in this series, consult the Prominence XI Sale catalogue (November 2024) from Canadian Coins and Paper Money.

Specimen (SP) Strikes

A small number of 1907 quarters have received Specimen (SP) designations from PCGS and ICCS. These are believed to be early strikes or presentation pieces from the London Mint — distinct from any official Specimen set (the 1908 Ottawa coins were issued in Specimen sets for the new mint’s opening; no equivalent official 1907 SP program is documented). They exhibit exceptionally sharp strikes and semi-proof-like fields. These coins are virtually unique and no standard retail price exists. If you believe you have one, consult an ICCS-certified specialist before any transaction.

Values in CAD represent typical retail market prices as of February 2026. For the complete denomination price guide, see our Canadian Quarter Value Guide.

Most Valuable 1907 Canadian Quarter Varieties

The 1907 Canadian quarter is comparatively straightforward in its variety landscape — especially when contrasted with the complex 1906 issue (which produced the rare Small Crown variety) or the 1907 5-cent denomination (which has important Wide Date and Narrow Date varieties). Several persistent misconceptions are common enough to require explicit clarification, and a handful of minor die curiosities exist for specialists.

The Standard Design: Large Crown

The Large Crown reverse is the sole recognized design for the 1907 25-cent piece. Standardized in 1906 after the transitional Small Crown / Large Crown year, the Large Crown features a crown that is noticeably wider and flatter than Victorian-era crowns, with a distinct cross pattée at the apex and deeply veined maple leaves throughout the wreath. Recognizing it correctly matters because collectors sometimes confuse it with the earlier Small Crown or search for non-existent 1907 variants. The Canadian 25-Cent Coin Major Varieties reference from the Saskatoon Coin Club confirms that no additional recognized varieties exist for 1907 in the Charlton Standard Catalogue.

Does a 1907 Small Crown Variety Exist?

No. Despite collector speculation, no authentic 1907 Small Crown 25-cent piece has been catalogued or authenticated by Charlton, ICCS, or PCGS. The transition from Small Crown to Large Crown was completed in 1906. Any coin presented as a “1907 Small Crown” quarter warrants significant skepticism and independent expert verification.

The “1907-H” Myth

Clarification graphic: the “H” (Heaton) mint mark appears only on 1907 Canadian one-cent coins — never on 1907 quarters. All 1907 Canadian 25-cent pieces were struck in London with no mint mark whatsoever. A “1907-H quarter” does not exist.

One of the most persistent misconceptions in Canadian numismatics is the existence of a “1907-H” quarter. The definitive facts:

• The Heaton Mint in Birmingham struck one-cent coins for Canada in 1907. Those bear the “H” mint mark.
• The Heaton Mint did not strike 25-cent coins for Canada in 1907.
• All 1907 Canadian quarters were struck at the Royal Mint in London (Tower Hill) and carry no mint mark.

Any 1907 quarter presented as having an “H” mint mark is either counterfeit, an altered coin, or a misidentified listing. Canadian Circulation Coin Mintage records from the Saskatoon Coin Club corroborate that no 1907-H quarter was ever struck.

Wide Date / Narrow Date: Not Applicable to the Quarter

The Wide Date and Narrow Date distinction is a recognized, premium-valued variety for the 1907 5-cent nickel. It does not apply to the 1907 25-cent piece. The Charlton Standard Catalogue does not recognize a Wide Date or Narrow Date variety for the 1907 quarter. Collectors who encounter this designation applied to a quarter should treat it with caution.

Re-Punched Date Curiosities

During the London era, date digits were hand-punched individually into working dies. Microscopic examination of some 1907 quarters may reveal slight doubling on the “7” or “9” in the date, indicating the punch was applied twice to deepen the impression. These are minor die curiosities — not catalogue-recognized varieties in Charlton or ICCS price guides — and may command a small specialist premium of approximately $10–$20 above the standard market price. They carry no separate line item in any major price guide.

1907 Canadian Quarter Identification Guide

Use this checklist to confirm what you have and to assess its grade range before approaching a dealer or grading service.

Obverse of the 1907 Canadian 25-cent piece: King Edward VII facing right, wearing the Imperial State Crown, Robe of State, and Collar of the Garter. Engraved by George William de Saulles, Chief Engraver of the Royal Mint. Legend: EDWARDVS VII DEI GRATIA REX IMPERATOR.

Reverse of the 1907 Canadian 25-cent piece: Maple Wreath surrounding “25 CENTS / CANADA,” surmounted by the Large Crown with distinct cross pattée. Date 1907 below. The Large Crown is wider and flatter than Victorian-era crowns, with deeply veined maple leaves throughout.

The 30-Second Identification Checklist

1. Monarch Check: The obverse shows a right-facing profile of King Edward VII, wearing the Imperial State Crown, the ermine Robe of State, and the Collar of the Garter. The legend reads EDWARDVS VII DEI GRATIA REX IMPERATOR (“Edward VII, by the Grace of God, King and Emperor”). The portrait was engraved by George William de Saulles, Chief Engraver of the Royal Mint.
2. Reverse Check: The reverse features a Maple Wreath surrounding “25 CENTS / CANADA,” surmounted by the Large Crown — wider and flatter than Small Crown designs seen on some 1906 coins, with a distinct cross pattée at the apex. The date 1907 appears below the wreath. Deeply veined maple leaves are a hallmark of the design and a useful grading reference.
3. Date Check: Confirm the date reads 1907 below the wreath. There is no dual date — this is a standard-issue coin, not a commemorative.
4. Edge Check: Run a fingernail along the edge. It should be fully reeded (milled) — uniform, well-defined vertical grooves all around. The denticles (tooth-like border) on London-struck 1907 quarters are characteristically long and sharply defined, a hallmark of Royal Mint die-sinking craftsmanship of the period.
5. Magnet Test (Composition Verification): Apply a magnet to the coin. A genuine 1907 sterling silver quarter is non-magnetic. Sterling silver (92.5% Ag, 7.5% Cu) contains no ferrous metals. If the coin is attracted to a magnet, it is not a genuine 1907 sterling silver quarter — proceed with expert authentication immediately.
6. Mint Marks: There are no mint marks on the 1907 Canadian quarter. This is correct and expected — all 1907 quarters were struck at the Royal Mint in London with no identifying mark. Do not search for an “H” (Heaton) mark; it does not exist on this denomination for this year.
7. Finish Identification: The 1907 quarter is a Business Strike only (the virtually unique SP-designated pieces are rare anomalies). Authentic original luster presents as a satiny “London Finish” — a creamy, rolling cartwheel light effect with depth. Microscopic parallel die polish lines in the fields are a normal manufacturing characteristic of 1907 London strikes, resulting from routine die polishing, and are a positive sign of originality. A coin that appears brilliant white with flat, scratched fields has almost certainly been cleaned.
8. Key Grading Focal Points: The obverse has several deceptive high points that wear rapidly upon circulation:
   • Crown Band: The primary wear diagnostic. In AU-50, only the highest pearls show slight grayness. In EF-40, the band remains sharp with distinct pearls. In VF-20, approximately 50% of the crown band detail is visible. In F-12, the band is outlined but internal detail is gone. In VG-8, 75% or more is worn flat.
   • Crown Jewels / Pearls: Secondary diagnostic. Merged, indistinct pearls = F-12 or lower.
   • Ear: Distinct and complete = VF-20 or better. Flat and merged = F-12 or lower.
   • Maple Leaf Tips (Reverse): Highest points wear first. Full vein detail = VF-20 or better. Flat, indistinct leaves = VG-8 or lower.

Magnified grading focal points on the 1907 Canadian quarter obverse crown area at three grade levels: VF-20 (worn, flattened crown band, merged pearls), EF-40 (sharp crown band, distinct pearls), and AU-50 (full sharp detail, light rub only on highest pearl tips). (Illustration — not a photo of your exact coin)

The “London Finish” — What Authentic Original Luster Looks Like

Coins struck at Tower Hill in 1907 exhibit a characteristic “London Finish”: a satiny, creamy rolling luster quite distinct from the harsh mirror-like flash of cleaned silver or the sometimes flatter finishes of the early Ottawa Mint. Microscopic parallel die polish lines in the fields are normal and expected on 1907 quarters, arising from routine die polishing at the London facility. Their presence on an otherwise undisturbed coin is a positive indicator of originality, not a defect.

1907 Canadian Quarter Value FAQs

Methodology & Sources

Values in this guide reflect a synthesis of certified dealer listings, auction results, and price guide data current to February 2026. Primary sources include:

• Coins and Canada — 25 Cents 1902–1910 Price Data
• NGC Price Guide: Canada 25 Cents KM 11 (1902–1909)
• NGC Price Guide: Canada 25 Cents KM 11 — supplementary population data
• Canadian Coin & Currency — 1907 25¢ ICCS MS-65 Certified Listing
• The Prominence XI Sale Catalogue — Canadian Coins and Paper Money (November 2024)
• Saskatoon Coin Club: Edward VII 25¢ Photo Grading Guide
• Saskatoon Coin Club: Edward VII General Grading Reference
• Saskatoon Coin Club: Canadian 25-Cent Coin Major Varieties
• Saskatoon Coin Club: Canadian Circulation Coin Mintage Quantities
• Numista: Canada 25 Cents Edward VII (KM 11)
• J&M Coin and Jewellery — 1907 25 Cents Dealer Listing
• Charlton Standard Catalogue of Canadian Coins (Charlton Press) — primary variety attribution reference
• ICCS (International Coin Certification Service) — grading standards and population benchmarks

All prices represent estimated retail values in Canadian dollars (CAD) and are provided for informational purposes only. Market conditions fluctuate; silver melt values are particularly sensitive to commodity price changes. Consult a professional numismatist for transaction-specific valuations.