1920 Canadian 25-Cent (Quarter) Value Guide
What is your 1920 Canadian quarter worth? King George V silver 25-cent guide: G-4 to MS-67 prices, ~$16.46 melt value, dual .925/.800 silver composition explained. All values in CAD, February 2026.
The 1920 Canadian quarter is a silver coin — every example is worth at least its silver melt value of approximately $16.46 CAD. Circulated examples trade from $16.50–$28.00; a Gem Uncirculated (MS-65) commands $800+.
- Found in circulation (G-4 to VF-20):$16.50–$28.00 — silver content dominates; coin is essentially a bullion item
- Excellent circulated (EF-40 to AU-55):$45–$110
- Uncirculated (MS-60):$235 — the major value cliff begins here
- Choice Uncirculated (MS-63):$475
- Gem Uncirculated (MS-65):$800+
- Top Population (MS-66):$2,750–$3,500 (certified only)
All values in CAD as of February 2026. The 1920 quarter is a transition year — struck in both .925 Sterling Silver and .800 Fine Silver. Both compositions are visually identical; the market values all examples at the .800 standard (~$16.46 melt). No Proof-Like (PL) sets were issued for this era — a “shiny” 1920 quarter is an AU or better Business Strike, not a collector-set coin. Is it silver? Yes, absolutely: apply a magnet; a genuine 1920 quarter will not attract. See full value chart →
The 1920 Canadian quarter is one of the most historically significant issues in the Canadian Quarter series. It marks the precise calendar year Canada abandoned the imperial .925 Sterling Silver standard for a .800 Fine Silver alloy — a direct legislative response to post-World War I silver price inflation that threatened to drive coins from circulation. Struck at the Royal Mint in Ottawa with a mintage of 1,975,278, the issue features the Crossed Maple Boughs reverse alongside the Crowned Effigy of King George V (designed by E. Bertram MacKennal). Because both the .925 and .800 compositions were released indiscriminately into circulation using identical dies and weights, the 1920 quarter is catalogued as a single type — a classic condition rarity whose surviving Gem examples represent a tiny fraction of original production.
Note: Mint errors such as major clips, off-centre strikes, and brockages exist for this year but are outside the scope of this standard value guide.
1920 Canadian Quarter Composition & Melt Value
The 1920 Canadian quarter was struck in two silver alloys — .925 Sterling and .800 Fine — that are visually and physically indistinguishable under normal conditions. The market values all examples at the .800 standard for melt calculation purposes.
The 1920 Silver Crisis and the Great Transition
Prior to 1920, Canadian silver coinage adhered to the British Sterling standard of 92.5% silver and 7.5% copper — a point of imperial consistency maintained for generations. The aftermath of World War I unleashed inflationary pressure on the global silver market. By 1919 and into 1920, the price of raw silver bullion rose to a level where the intrinsic metal value of a Sterling coin threatened to exceed its face value. This classic Gresham’s Law scenario risked driving coins out of commerce as holders melted them for profit. To counter this, the Canadian government amended the Currency Act in May 1920, reducing required silver fineness from .925 to .800. This 12.5% reduction in silver content lowered the intrinsic value below face value and secured the seigniorage necessary to continue normal coinage operations. The .800 standard governed all Canadian silver coinage from this point forward through 1967.
The Dual Composition Dilemma: .925 vs. .800
Because the legislative change occurred mid-production, 1920 quarters exist in two metallurgically distinct compositions:
- Type 1 (Pre-May 1920): .925 Sterling Silver — the longstanding imperial standard, struck in the first months of 1920
- Type 2 (Post-May 1920): .800 Fine Silver / .200 Copper — the new Canadian standard, used for all silver coinage through 1967
⚠️ Both Compositions Are Visually Identical — and the Market Knows It
Both the .925 and .800 types share the same 5.83g weight, 23.62mm diameter, reeded edge, and identical appearance. Both are non-magnetic silver-copper alloys. The difference in specific gravity between the two is negligible and requires precision laboratory equipment to detect — it cannot be assessed by a collector in any practical way without destructive testing. Because the .925 type cannot be verified non-destructively, the numismatic market universally values all 1920 quarters at the .800 standard for bullion and grading purposes. A seller claiming a .925 premium without laboratory documentation should be regarded with caution.
Melt Value Calculation (February 2026)
Silver spot price reference: approximately $109.81 CAD per troy ounce, per SilverPrice.org (February 2026). Note that this represents a historically elevated silver price; melt values will fluctuate with the silver market.
Scenario A: .800 Fine Silver (Standard Market Assumption)
Formula: 5.83g × 0.800 × ($109.81 ÷ 31.1035) = ~$16.46 CAD
Silver content: 4.664 grams (0.150 troy oz)
Scenario B: .925 Sterling Silver (Theoretical — Unverifiable Without Assay)
Formula: 5.83g × 0.925 × ($109.81 ÷ 31.1035) = ~$19.03 CAD
Silver content: 5.393 grams (0.173 troy oz)
The difference of approximately $2.57 CAD between scenarios cannot be captured in the market without laboratory verification. The safe valuation floor for any 1920 quarter is ~$16.46 CAD. At this elevated silver price, even a damaged or slick coin retains substantial intrinsic value — a key characteristic of this issue compared to modern base-metal coins.
ℹ️ Canadian Currency Act & Melting
Canadian law (Currency Act) prohibits the melting or deliberate destruction of Canadian coins. The melt values presented here are provided to help collectors understand the intrinsic metal value underpinning numismatic prices and the bullion floor for circulated grades. They are not instructions to melt coins.
1920 Canadian Quarter Value Chart by Grade
The 1920 Canadian quarter displays a classic condition-rarity pricing curve: grades G through AU are priced primarily by silver content with thin numismatic premiums, while Mint State grades detach entirely from bullion and rise exponentially with scarcity. Values below are drawn from the NGC World Coin Price Guide for Canada 25 Cents KM24a, Canadian Coin News trend data, and realized auction prices from Heritage Auctions Showcase (December 2025) and Heritage World Coin Auctions (June 2023). All values in CAD as of February 2026.
The grade spectrum for the 1920 Canadian quarter: heavily worn G-4 (near-melt value ~$16.50 CAD), collectable VF-20 ($28 CAD), and the coveted MS-65 Gem ($800+ CAD). (Illustration — not a photo of your exact coin)
1920 Canadian 25-Cent — Business Strike (Circulation)
All standard 1920 quarters are Business Strikes. No Proof-Like (PL) or standard Proof (PR/PF) issues were produced for public sale in this era. Composition: .800 Fine Silver (market standard assumption). Non-magnetic.
| Grade | Grade Term | Typical Value (CAD) | Market Notes |
|---|---|---|---|
| G-4 | Good | $16.50–$18.00 | Heavily worn; rims may merge with legend. Value is primarily silver melt (~$16.46 CAD). Dealer buy price will be a percentage of spot. |
| VG-8 | Very Good | $20.00 | Design outlines visible; major details (crown band) worn flat. Slim numismatic premium above melt. |
| F-12 | Fine | $22.00 | Some leaf detail visible in the maple boughs wreath; King’s ear and hair merged. Small collector premium. |
| VF-20 | Very Fine | $28.00 | Leaves show separation; King’s crown band visible but worn. Recognisably collectable. |
| EF-40 | Extremely Fine | $45.00 | Light wear on high points (cheek, crown jewels). Traces of original lustre visible. Collector premium accelerates. |
| AU-50 | About Uncirculated | $65.00 | Trace wear on highest design points only. Significant lustre remaining. |
| AU-55 | Choice AU | $110.00 | Near full lustre. Friction limited to cheekbone and eyebrow only. Last grade before the value cliff. |
| MS-60 | Uncirculated | $235.00 | VALUE CLIFF: No wear present. Bag marks and hairlines expected. Price more than doubles from AU-55 — reflecting the scarcity of a coin that never entered commerce. |
| MS-62 | Select Uncirculated | $325.00 | Better eye appeal than MS-60; fewer and lighter contact marks. |
| MS-63 | Choice Uncirculated | $475.00 | Strong strike and lustre. Minimal distracting contact marks. Grading recommended at this level. |
| MS-64 | Choice / Near Gem | $575.00 | Excellent lustre and strike. Very few contact marks. High collector demand from type-set collectors. |
| MS-65 | Gem Uncirculated | $800.00+ | Trophy-level entry point. Full strike, blazing lustre, exceptional eye appeal. Condition rarity — survival rate in Gem is infinitesimally small relative to mintage. |
| MS-66 | Superb Gem | $2,750–$3,500 | Top population territory. Very few certified examples known. Requires superior eye appeal, full strike, and zero toning spots. Realized at specialist auction only. |
| MS-67 | Superb Gem+ | $5,000–$7,500+ | Estimated from MS-66 trends. Virtually non-existent. Soft silver alloy and heavy commercial usage left near-zero survivors at this grade. Auction-only market; contact Heritage Auctions or Geoffrey Bell Auctions for evaluation. |
The AU-55 to MS-60 value cliff for the 1920 Canadian quarter: a coin with even the slightest trace wear is worth roughly half that of one that never circulated. (Illustration — not a photo of your exact coin)
ℹ️ The Bullion Floor and the "Value Cliff"
The elevated silver price (~$109 CAD/oz) in the February 2026 research period has compressed the price gap between G-4 and VF-20 grades — bullion dominates at these levels. However, once a coin enters Mint State (MS-60+), scarcity drives value independently of silver markets. MS-65 and above values are largely insulated from silver price corrections because the collector premium for condition rarity far exceeds metal content. Should silver correct toward historical averages, expect G through AU values to adjust downward proportionally while MS-65+ values remain relatively stable.
⚠️ Never Clean Your 1920 Quarter
A 1920 quarter that has been dipped (acid washed) or polished will appear artificially bright but will lack the spinning cartwheel lustre of an original Mint State coin. Cleaned coins receive a “Details — Cleaned” designation from PCGS, NGC, and ICCS, and are valued at or near melt regardless of underlying sharpness. For George V silver, “Blast White” untarnished coins command premiums; coins with vibrant natural rainbow toning are also desirable. Dark, patchy, or artificial toning is a negative attribute.
1920 Canadian 25-Cent — Specimen (SP) Finish
Specimen strikings of the 1920 quarter are historically acknowledged but are not a standard collectable for this year. These were prepared for dignitaries or museum collections, not for public distribution, and are distinguished by a matte or satin finish with sharply squared rims.
- Availability: Extremely Rare / Non-Standard. Sales are too infrequent to establish a typical price list.
- Estimated Range (extrapolated from comparable George V Specimen quarters): Opening bids would likely begin near $2,500 CAD, with exceptional examples potentially exceeding $5,000+ depending on eye appeal and provenance.
- Important caveat: These figures are extrapolated from comparable George V Specimen quarter sales (e.g., 1921 and 1929 issues) — not from confirmed 1920 Specimen auction results. If you believe you have a Specimen example, seek specialist evaluation before making any decisions.
All values in CAD represent typical market prices as of February 2026. For the complete denomination price guide covering all years, see our Canadian Quarter Value Guide.
Most Valuable 1920 Canadian Quarter Varieties
The 1920 Canadian quarter does not carry the dramatic die varieties found on some other George V issues. Value is driven overwhelmingly by condition rarity — the grade achieved by a coin that has survived 100+ years without circulation wear. The table below covers the full scope of documented non-error collectibles for this issue.
Trophy-Level Coins
The following represent the absolute pinnacle of the 1920 quarter market, realized only at major specialist auction houses such as Heritage Auctions, Stack’s Bowers, and Geoffrey Bell Auctions. These are not reflective of raw coins found in typical collections.
| What | Why It’s Valuable | Requirement | Estimated Value (CAD) | Source |
|---|---|---|---|---|
| 1920 MS-67 Business Strike | Condition rarity: virtually non-existent. Soft silver alloy and decades of commercial circulation left near-zero survivors in pristine condition at this level. | PCGS or NGC MS-67 | $5,000–$7,500+ (estimated from MS-66 trends) | NGC Price Guide KM24a (Feb 2026) |
| 1920 MS-66 Business Strike | Top population. Very few certified examples known. Requires superior eye appeal, full strike, and zero toning spots. | PCGS or NGC MS-66 | $2,750–$3,500 | NGC Price Guide KM24a (Feb 2026) |
| 1920 Specimen Strike (SP-64+) | Mintage rarity: not issued for public distribution. Likely unique or very low single-digit population. Distinguished by matte/satin finish and sharply squared rims. | PCGS or NGC SP-64 or higher | $4,000+ (extrapolated from comparable George V SP quarters) | Context from comparable George V Specimen auction results |
Findable Varieties & Common Misattributions
| Variant | How to Identify | Collector Premium | Notes |
|---|---|---|---|
| Small 2 / Large 2 (Date) | Microscopic difference in the size of the ‘2’ numeral in the 1920 date. Requires magnification to assess. | Negligible / specialist interest only | Minor die variation; not widely collected and carries no significant catalogue premium. Documented by Calgary Coin Gallery. |
| .925 Sterling Type (Pre-May 1920) | Visually indistinguishable from the .800 type. Requires specific gravity measurement or destructive assay to confirm. | No verifiable premium in the open market | Cannot be sold at a premium without laboratory certification. Market treats all 1920 quarters as .800 Fine Silver for valuation purposes. |
⚠️ Critical Warning: The “Large 0” Variety Does NOT Exist on the 1920 Quarter
Many online sources and casual checklists list “Large 0” and “Small 0” as varieties of the 1920 Canadian 25-cent piece. This is a misattribution. The Large 0 / Small 0 split is a significant price driver on the 1920 Canadian 50-cent piece (Half Dollar), where it pushes values into the thousands of dollars — not the quarter. If a 1920 quarter is listed by a seller as “Large 0,” it is almost certainly a mislabelled coin applying half-dollar terminology to a minor and uncatalogued die variation that commands no premium. For authoritative attribution of the 50-cent Large 0 variety, see Calgary Coin’s Canadian 50-Cent reference.
1920 Canadian Quarter Identification Guide
1920 Canadian 25-cent piece: obverse (King George V crowned effigy by E. Bertram MacKennal, legend GEORGIVS V DEI GRA: REX ET IND: IMP:, bust facing left) and reverse (Crossed Maple Boughs wreath with crown at top and denomination 25 CENTS).
Use this 30-second checklist to confirm you have a genuine 1920 Canadian quarter and to determine its finish — the single most important factor after grade for establishing value.
30-Second Identification Checklist
- Monarch Check (Obverse): Verify the effigy is King George V.
- Look for a bust of the King facing left, wearing the Imperial Crown.
- Legend reads: GEORGIVS V DEI GRA: REX ET IND: IMP:
- Portrait designer: E. Bertram MacKennal (the Crowned Bust effigy used throughout the George V series on Canadian coins).
- If the bust faces right, the coin is an Edward VII issue (1902–1910). If it shows a bare, uncrowned head facing left, it is George VI (1937 or later). If it shows a female monarch, it is Elizabeth II (1953 or later).
- Reverse Design Check: Verify the Crossed Maple Boughs reverse.
- Look for a wreath of maple boughs surrounding 25 CENTS and the date 1920, with a crown at the very top of the wreath.
- If the reverse shows a Caribou head, the coin is from the Elizabeth II or George VI series (1937 or later) — a completely different design.
- Date Check: Confirm the date reads 1920 clearly. On heavily worn G-4 examples, the date may be faint but must be legible. An illegible date renders the coin a “No Date” piece worth only its metal weight.
- Edge Check: Run a fingernail along the coin’s edge. It must feel reeded (serrated). A smooth or irregular edge on a coin of this appearance indicates a counterfeit, a damaged coin, or a wrong denomination.
- Magnet Test (Composition Verification):
Applying a standard magnet to a 1920 Canadian quarter — the coin must NOT attract. Silver-copper alloys are non-magnetic. Magnetic attraction immediately indicates a counterfeit or modern slug, not a genuine 1920 Canadian silver quarter.
- Apply a standard magnet (even a refrigerator magnet) to the coin.
- The coin must not attract to the magnet. Both the .925 Sterling and .800 Fine Silver compositions are non-magnetic silver-copper alloys.
- If the coin is attracted to the magnet, it is not a genuine 1920 Canadian quarter. It is either a counterfeit or a modern plated-steel coin.
- Weight Check: A genuine 1920 quarter weighs 5.83 grams. Worn examples (G to VG) may read 5.6–5.7g due to metal loss from circulation. A coin weighing significantly less than 5.5g or more than 6.0g should be treated with suspicion and examined for authenticity.
- Mint Mark Check: No mint marks appear on any genuine 1920 Canadian quarter. All were struck at the Royal Mint in Ottawa. There is no “W,” “P,” or other mark on authentic examples of this date. The absence of a mint mark is correct and expected.
- Finish Identification (Critical for Valuation):
Business Strike (left) vs. Specimen (right) finish comparison for a George V Canadian silver quarter. The Business Strike shows spinning cartwheel lustre when tilted; the Specimen has a quiet, matte-satin quality with sharply squared rim edges and exceptional die sharpness. (Illustration — not a photo of your exact coin)
- Business Strike (Standard — 99%+ of all coins encountered): When tilted under a single directional light source, the lustre spins across the fields like the spokes of a wagon wheel (the “cartwheel effect”). Fields may show microscopic flow lines and bag marks (nicks from coin-to-coin contact during handling and storage). This is the standard finish for virtually every 1920 quarter a collector will encounter.
- Specimen (SP) (Extremely Rare): A matte, satin, or semi-matte finish that lacks the bright flash of a business strike. Instead, it has a quiet, almost velvet perfection. Key diagnostics: (1) The rim meets the edge at a sharp, squared-off right angle (called a “wire edge”), unlike the slightly rounded chamfer of a business strike. (2) Strike details — particularly the King’s beard texture and the individual veins of the maple leaves — are exceptionally crisp and three-dimensional. If you think you may have a Specimen, do not submit it through a general online grading service — seek specialist evaluation first.
⚠️ PVC Damage Risk on Stored Silver Coins
Silver coins stored in older soft plastic flips (containing PVC plasticiser) for decades may develop a green, sticky residue on the surface. This is “environmental damage” in grading parlance and permanently reduces the grade. If you observe green slime on a stored silver coin, consult a professional conservator — pure acetone (not nail polish remover, which contains harmful additives) can neutralise PVC residue. A PVC-damaged coin reverts to melt value regardless of its underlying sharpness or detail.
1920 Canadian Quarter Value FAQs
What is a 1920 Canadian quarter worth?
Value depends almost entirely on grade. Heavily worn examples (G-4) are worth approximately $16.50–$18.00 CAD — essentially their silver melt value. A Very Fine (VF-20) coin is worth around $28. Extremely Fine (EF-40) reaches $45. The decisive jump occurs at Mint State: an MS-60 coin commands $235, MS-63 fetches $475, and a Gem MS-65 commands $800+. Top-certified MS-66 examples can reach $2,750–$3,500. All values in CAD as of February 2026.
Is the 1920 Canadian quarter silver?
Yes — every genuine 1920 Canadian quarter is a silver coin. The 1920 issue is a transition year: coins struck before May 1920 are .925 Sterling Silver, while those struck from May onward are .800 Fine Silver. Both types are visually identical and non-magnetic. The numismatic market values all 1920 quarters at the .800 standard, giving an approximate melt value of $16.46 CAD at February 2026 silver prices.
How can I tell if my 1920 quarter is .925 or .800 silver?
You cannot distinguish the two compositions through any normal inspection method available to collectors. Both types share the same weight (5.83g), diameter (23.62mm), visual appearance, and magnetic properties (non-magnetic). The difference in specific gravity is negligible and requires precision laboratory equipment to detect — equipment that cannot be used without risk of damage to the coin. Because confirmation requires destructive assay, the market universally treats all 1920 quarters as .800 Fine Silver. A seller claiming a .925 premium without documented laboratory analysis should be regarded with skepticism.
Is the 1920 Canadian quarter rare?
The 1920 quarter is a condition rarity rather than an absolute mintage rarity. With 1,975,278 struck, low-grade examples (G through VF) are readily available and largely serve as bulk silver for collectors. However, post-war economic conditions meant these coins circulated heavily, and few were set aside by contemporary collectors. Surviving examples in Gem Uncirculated (MS-65) condition represent a tiny fraction of original production and are genuine numismatic trophies. MS-66 and MS-67 examples are extremely rare by any measure.
What makes a 1920 Canadian quarter valuable?
Three factors drive premium value: (1) Grade — the most important factor; an MS-65 coin is worth roughly 45 times more than a G-4 coin despite both containing the same silver. (2) Eye appeal — “Blast White” untarnished surfaces and vibrant natural rainbow toning command premiums over dark, patchy, or cleaned specimens. (3) Third-party certification — for MS-65 and above, a PCGS or NGC holder unlocks demand from US-based Registry Set collectors, often realising significantly higher prices than equivalent raw coins. There are no major die varieties on the 1920 quarter that independently drive a premium.
What is the “value cliff” for the 1920 Canadian quarter, and why does it exist?
The most critical grading boundary is between AU-55 (~$110) and MS-60 (~$235) — a price more than doubling for the absence of any wear. Dealers scrutinise the high points of the design — specifically the band of the King’s Imperial Crown and the eyebrow ridge. Any disruption in the original luster on these points, no matter how slight, drops the coin to AU status. The cliff exists because a 106-year-old coin that has genuinely never entered circulation is extraordinarily rare; the post-war recession of the 1920s meant that quarters were workhorses of everyday commerce, not saved by collectors.
Is there a “Large 0” variety on the 1920 Canadian quarter?
No. The Large 0 / Small 0 split is a well-documented and significant variety on the 1920 Canadian 50-cent piece (Half Dollar), where it is a major price driver pushing values into the thousands. It does not apply to the 25-cent piece. If you see a 1920 quarter listed as “Large 0” or “Small 0,” it is almost certainly a misattribution by a seller applying half-dollar terminology to the wrong denomination. The only documented minor variation on the 1920 quarter is a microscopic Small 2 / Large 2 difference in the date numeral, which carries no meaningful catalogue premium. See Calgary Coin Gallery’s quarter reference for authoritative variety diagnostics.
Should I get my 1920 Canadian quarter professionally graded?
Grading is economically justified for coins that appear to grade MS-63 or higher. At MS-65 and above, the value premium conferred by a PCGS or NGC holder — particularly the access to US-based Registry Set collector demand — can easily exceed the submission cost several times over. In Canada, ICCS (International Coin Certification Service) is the domestic standard for graded Canadian coins and is preferred for coins in the MS-60 to MS-64 range. For AU-55 and below, grading costs are unlikely to be recovered: these coins are best sold as certified-weight bullion silver. Do not clean, dip, or “improve” a coin before submission — cleaning results in a permanent “Details” designation that eliminates all numismatic premium.
What is the melt value of a 1920 Canadian quarter?
Using a silver spot price of approximately $109.81 CAD per troy ounce (February 2026) and the standard .800 Fine Silver market assumption: ~$16.46 CAD (formula: 5.83g × 0.800 × [$109.81 ÷ 31.1035]; silver content = 4.664g / 0.150 ozt). If the coin were confirmed to be the rarer .925 Sterling type, the theoretical melt would be ~$19.03 CAD — but this premium is generally unrecoverable without laboratory verification. Note that the February 2026 silver price is historically elevated; melt values will fluctuate with the spot market and should be recalculated at current rates.
What is a Specimen 1920 quarter and how would I recognise one?
A Specimen strike is a coin produced outside the standard production process, typically for presentation to dignitaries or museum collections. A genuine Specimen 1920 quarter would exhibit: (1) a matte or satin finish with no cartwheel lustre — it has a quiet, almost velvety appearance rather than a bright flash; (2) exceptionally sharp die details, particularly the texture of the King’s beard and individual veins in the maple leaves; (3) a sharp, squared-off rim (wire edge) where the edge meets the field at a right angle, unlike the softly chamfered rim of a business strike. These are extremely rare — sales are too infrequent to establish a reliable market price. Estimated range for certified examples: approximately $2,500–$5,000+ CAD. If you believe you have one, have it examined by a specialist auction house such as Heritage Auctions or Geoffrey Bell Auctions before making any decisions.
Methodology & Sources
Values in this guide are synthesised from the following primary numismatic authorities, with prices reflecting market conditions as of February 2026:
- NGC World Coin Price Guide — Canada 25 Cents KM24a (primary grade-curve data)
- NGC World Coin Price Guide — Canada 25 Cents KM24a (supplementary data)
- Heritage World Coin Auctions Showcase, December 2025 (NumisBids)
- Heritage World Coin Auctions, June 2023, Canada (NumisBids)
- Numista — 25 Cents George V Canada (technical specifications)
- Calgary Coin Gallery — Canadian Quarters Reference (variety diagnostics)
- SilverPrice.org — Silver Price Canada (spot price reference, February 2026)
- Canadian Coin News — ICCS and specialist grading context
- Charlton Standard Catalogue of Canadian Coins (series context and historical attribution)
- Geoffrey Bell Auctions (Specimen and high-grade George V context)
Market prices represent typical realised values at the stated date and are subject to fluctuation with the silver spot price and collector demand. The melt value calculations above use ~$109.81 CAD/oz (February 2026) and must be recalculated at current rates. This guide covers standard (non-error) values only; mint errors are outside scope.
A note on images: To help illustrate coin diagnostics and rare varieties — especially complex errors that are difficult to describe in text alone — this guide uses AI-generated images. All written values, diagnostics, and variety attributions have been manually reviewed against the cited sources above. While our editorial team works to ensure every image is accurate and helpful, AI-generated illustrations may occasionally misrepresent fine details. If you spot any discrepancy between an image and its written description, please contact us or leave a comment below — we review all feedback and correct errors promptly. Numismatic knowledge is a community effort, and your input helps us build a more accurate resource for everyone.