1937 Canadian 10-Cent (Dime) Value Guide

Find out what your 1937 Canadian dime is worth. Complete silver dime price guide by grade (G4–MS66) and finish (Business Strike, Matte Specimen, Mirror Specimen), with CAD market values as of February 2026.

Quick Answer

Every 1937 Canadian dime is 80% silver and worth a minimum of approximately $6.00 CAD in any condition. Circulated examples trade from $6.00 (heavily worn) to $25.00 (About Uncirculated). Gem-grade business strikes command $350–$450 at MS-65, while rare Mirror Specimen strikes from the Coronation sets can exceed $1,500 in the highest certified grades.

  • Circulated (G4–AU50):$6.00–$25.00 — silver melt floor underpins all grades
  • Business Strike MS-63 (Choice Unc):$75–$90
  • Business Strike MS-65 (Gem Unc):$350–$450
  • Business Strike MS-66 (Superb Gem):$750–$1,000+
  • Matte Specimen SP-65:$220–$280
  • Mirror Specimen SP-65:$350–$450
  • Mirror Specimen SP-67 (Trophy Level):$1,500+

Found in a drawer or change? Worth its silver content (~$6.00 CAD) regardless of wear — still well above its 10¢ face value. Mirror-like or from an old boxed set? It may be a rare Coronation Specimen, not merely a shiny circulation coin — see Finish Identification. Is it silver? Yes — all 1937 Canadian dimes are 80% silver; hold a magnet to it and genuine silver will show no attraction. All values in Canadian Dollars (CAD) as of February 2026. See full value chart →

The 1937 Canadian 10 cents is the inaugural issue of the King George VI decimal coinage series and the very first appearance of Emanuel Hahn's celebrated Bluenose schooner reverse — a design that has graced every Canadian dime from 1937 to the present, making this issue the permanent “Type 1” of one of numismatics’ most enduring designs. Struck at the Royal Canadian Mint in Ottawa during the Coronation year, the 1937 issue encompasses both standard circulation coins (mintage: 2,500,095) and rare Matte and Mirror Specimen strikes produced in limited Coronation collector sets — two distinct tiers with dramatically different values. For pricing across all years of the Canadian dime series, visit our Canadian Dime Value Guide.

Note: Errors such as off-center strikes exist for 1937 but are outside the scope of this standard value guide.

1937 Canadian Dime Composition & Melt Value

1937 Canadian 10-Cent Specifications
Weight: 2.33 g  |  Alloy: 80% Silver, 20% Copper (“Confederation Silver”)  |  Diameter: 18.034 mm  |  Thickness: ~1.1 mm  |  Reeded edge  |  Medal Alignment (↑↑)  |  Non-magnetic

Silver Content & Melt Value (February 2026)

The 1937 Canadian dime belongs to the “Confederation Silver” composition era, a standard of 80% silver and 20% copper used by the Royal Canadian Mint from 1920 through mid-1967. With a total weight of 2.33 grams, each 1937 dime contains 1.864 grams of pure silver (2.33 g × 0.800 purity), corresponding to an Actual Silver Weight (ASW) of 0.0600 troy ounces.

Using the CAD silver spot price of $3.21 per gram (SilverPrice.org / Kitco Live Charts, February 5–9, 2026), the melt value is calculated as follows:

CompositionPure Silver WeightSpot Price (CAD/g)Approximate Melt Value (CAD)
80% Silver, 20% Copper1.864 g  (0.0600 troy oz)$3.21~$6.00

This ~$6.00 CAD melt floor is a critical baseline: even the most worn, barely legible 1937 dime carries meaningful intrinsic bullion value — roughly 60× its face value. For grades of Fine (F-12) and above, numismatic collector premiums begin to exceed the silver content substantially. By Mint State grades, the silver content represents only a small fraction of total market value.

Magnetic Properties & Authentication

The magnet test is the fastest authentication check for the 1937 dime. Because the coin is 80% silver and 20% copper — both non-magnetic metals — a genuine example will show absolutely no attraction to a magnet.

  • No magnetic attraction (expected result): Consistent with genuine 80% silver composition. This is what you should see on every authentic 1937 dime.
  • Magnetic attraction (unexpected): Indicates a modern plated-steel counterfeit or, extremely rarely, a wrong-planchet error. A genuine 1937 dime is never magnetic.

Weight is a secondary verification: a genuine coin should register 2.33 grams on a jeweler’s scale. A reading more than ~0.1 g off warrants further scrutiny.

⚠️ Counterfeit Alert

High-quality counterfeit Canadian silver dimes exist. Always verify with a magnet (no attraction) and scale (2.33 g) before purchasing any 1937 dime at a premium. A polished business strike can also visually mimic a Mirror Specimen — the distinction between die polish lines (raised, acceptable) and hairlines (scratches into the metal surface, value-destroying) requires a 5× loupe.

Legal Note on Melting

Melting Canadian coins is prohibited under the Currency Act of Canada. The melt value quoted here is for informational purposes only — it establishes the bullion floor used in numismatic pricing.

1937 Canadian Dime Value Chart by Grade & Finish

The 1937 Canadian 10 cents was produced in two broad categories: standard Business Strikes for general circulation (mintage: 2,500,095) and a limited number of Specimen strikes (estimated 1,200–1,300 sets) for the Coronation year collector market. Importantly, true Proof-Like (PL) sets were not a standard product of the Royal Canadian Mint in 1937 — any mirror-like 1937 dime is either a Business Strike in exceptional condition or a genuine Specimen. The two Specimen finishes — Matte and Mirror (Brilliant) — are valued on separate scales.

1937 Canadian Dime — Business Strike (Circulation)

Grade comparison for 1937 Canadian dime showing heavily circulated G4, Choice Uncirculated MS-63, and Gem Uncirculated MS-65 side by side

Grade comparison for the 1937 Canadian dime business strike: heavily circulated (left), Choice Uncirculated MS-63 (center), and Gem Uncirculated MS-65 (right). The progressive improvement in surface preservation drives the dramatic price differences between grades. (Illustration — not a photo of your exact coin)

GradeDescription / Key RequirementValue (CAD)Market Context
G-4Good — silhouette visible; date readable; heavily worn$6.00–$6.70Bullion / melt proxy
VG-8Very Good — major details visible (ship hull, King’s ear)$6.70–$7.50Slightly above melt
F-12Fine — hair detail emerging; ship rigging visible$7.90–$8.50Entry-level collector grade
VF-20Very Fine — ~75% detail present; high points worn$10.00–$12.00Common commercial grade
EF-40Extremely Fine — slight wear on King’s cheek and hair only$15.00–$18.00Widely collected “album” grade
AU-50About Uncirculated — trace wear on highest points only$21.00–$25.00Affordable near-mint alternative
MS-60Uncirculated — no wear, but may have heavy bag marks or dull lustre$30.00–$40.00“Commercial Unc.”
MS-62Select Uncirculated — fewer marks, better eye appeal$45.00–$55.00Standard “BU” retail coin
MS-63Choice Uncirculated — strong lustre; only minor chatter marks$75.00–$90.00The “Collector’s Choice” grade
MS-64Choice / Near Gem — very clean surfaces; sharp strike$140.00–$160.00Start of the “Value Cliff”
MS-65Gem Uncirculated — superior lustre; minimal marks under magnification$350.00–$450.00Key Investment Grade. Sharp price jump.
MS-66Superb Gem — virtually flawless; exceptional eye appeal$750.00–$1,000+Trophy territory. Highly volatile.
Illustration of the condition cliff on the 1937 Canadian dime, showing the dramatic price jump between MS-64 and MS-65 caused by bag mark rarity

The 1937 dime “Condition Cliff”: the jump between MS-64 and MS-65 represents roughly a 2.5× price increase for a single grade point, driven by the rarity of bag-mark-free survivors. The open sky field on the Bluenose reverse and King George VI’s prominent cheek are the primary contact targets. (Illustration — not a photo of your exact coin)

ℹ️ Understanding the MS-64 to MS-65 Condition Cliff

The price jump from MS-64 (~$140–$160) to MS-65 (~$350–$450) — roughly a 2.5× increase for a single grade point — reflects genuine condition scarcity. The Bluenose’s open reverse sky field and King George VI’s prominent cheekbone are prime targets for bag marks during the minting, bagging, and transport process. While many 1937 dimes were saved from circulation, very few survived without these contact marks. A true MS-65 free of significant marks even under magnification is a condition rarity, justifying the premium. Budget collectors typically target MS-63 for value; investors and registry-set collectors target MS-65 and above.

Circulation mintage: 2,500,095. While substantial for the era, this is significantly lower than wartime issues of the 1940s, contributing to relative scarcity in high uncirculated grades.

1937 Canadian Dime — Specimen Finishes (Coronation Sets)

Approximately 1,200–1,300 Specimen sets were produced for the 1937 Coronation year, packaged in red cardboard boxes. These sets contain coins struck with one of two distinct finishes: Matte (uniform satin/sandblasted) or Mirror / Brilliant (mirror fields, frosted Cameo devices). The exact breakdown between the two finishes is not precisely documented, but the Mirror finish is markedly rarer in the market and commands a significant premium at equivalent grades. Impaired Specimens (graded SP-50 to SP-58, or “Unc Details” due to handling or cleaning) typically trade at a modest premium over an MS-60 business strike, roughly $40–$60.

Finish TypeSP-63SP-65SP-67Key Visual Diagnostic
Matte Specimen$80–$100$220–$280$450–$600Uniform satin / sandblasted surface throughout; no cartwheel lustre; sharp wire rims
Mirror (Brilliant) Specimen$150–$200$350–$450$1,500+Mirror-like reflective fields; frosted (Cameo) devices — King’s head and ship appear white against reflective background

⚠️ Polished Business Strikes vs. Mirror Specimens

A cleaned or polished Business Strike can superficially resemble a Mirror Specimen to an untrained eye. The definitive distinction: genuine Mirror Specimens exhibit die polish lines (microscopic raised lines in the fields, produced during die preparation — acceptable and expected) whereas a polished coin shows hairlines (microscopic scratches into the metal surface). Under a 5× loupe, hairlines destroy all numismatic premium — a coin that would be worth hundreds of dollars in original condition becomes a $6 melt coin once harshly cleaned.

⚠️ Never Clean Your Coins

Cleaning strips original surface lustre and creates hairlines visible under magnification. ICCS, PCGS, and NGC will designate cleaned coins as “Details” (damaged), permanently removing all numismatic premium regardless of underlying design sharpness. No amount of retoning restores numismatic value once a coin has been cleaned.

Values in CAD represent typical market prices as of February 2026. Sources: Coins and Canada — 10 Cents 1937–1952 Pricing; NGC Canada 10 Cents KM 34 Price Guide. For the complete denomination price history across all years, see our Canadian Dime Value Guide.

Most Valuable 1937 Canadian Dime Varieties

The 1937 Canadian dime does not have major circulation die varieties (no widely recognized Large Date / Small Date split, no high-premium doubled die). Value is driven primarily by grade and finish type (Business Strike vs. Matte Specimen vs. Mirror Specimen). However, three trophy-level items occupy the upper echelons of the market, and two findable finish distinctions are worth knowing for any collector examining an inherited piece or dealer inventory.

A. Trophy-Level Rarities (Certified Examples Only)

Prices below apply to coins certified by PCGS, NGC, or ICCS. Raw (uncertified) examples of these rarities should be professionally authenticated before any transaction.

ItemWhy It Commands a PremiumGrade RequirementRecent / Record Realization
1937 Brass Trial Strike (DC-21)Pattern rarity — struck in brass rather than silver. Fewer than 10 examples believed to exist. Catalogued as DC-21; attributed to production at the Paris Mint during a period when the Royal Mint (London) was overburdened and the RCM (Ottawa) was awaiting George VI tooling.SP-63 / SP-64~$4,260–$5,300 CAD (approx. $3,000 USD) — see Coins and Canada
1937 Mirror Specimen — Top Pop (SP-67 / SP-68)Condition rarity — Mirror finish is significantly rarer than Matte; an SP-67 or higher example borders on unique. Highly contested by Registry Set collectors competing for “Top Pop” status.PCGS SP-67+~$10,500 CAD (~$7,638 USD) — PCGS Auction Records (Heritage 2014 Sale)
1937 Business Strike MS-67Condition rarity — the bag-mark problem described in the “Condition Cliff” section makes a truly flawless MS-67 circulation coin a statistical anomaly in the population reports.PCGS / ICCS MS-67~$1,000 CAD (~$750 USD)

B. Findable Variants Worth Examining

These are distinctions a collector can identify in an inherited collection, dealer inventory, or estate lot without specialized equipment beyond a loupe and knowledge of what to look for.

VariantHow to Identify (One-Line Diagnostic)Why It Carries a PremiumTypical Premium Over Business Strike
Matte SpecimenUniformly dull satin surfaces with no cartwheel lustre; sharp squared wire rims visible at coin edgeLow total mintage (~1,200–1,300 sets); Coronation year collector issue struck individually at slower speed2×–3× equivalent Business Strike grade
Mirror (Brilliant) SpecimenMirror-reflective fields; frosted white devices (Cameo contrast); you can see your finger reflected in the backgroundRarer survival rate than Matte; strong Cameo contrast is a significant value driver4×–5× equivalent Business Strike grade
Impaired SpecimenSpecimen characteristics (wire rims, frosted or satin devices) visible, but with handling marks or evidence of cleaningRetains some SP premium from the limited original mintage; surface damage prevents full realizationModest premium over MS-60 (~$40–$60)

⚠️ The “Double HP” Myth — Consumer Warning

The Double HP — a doubled engraver’s initial variety for T.H. Paget’s mark — is a famous, high-value variety for the 1937 Silver Dollar. There is no widely recognized, high-premium “Double HP” variety for the 1937 10-cent coin listed in the Charlton Standard Catalogue or tracked by major grading services. Any doubling observed on a 1937 dime is most likely Machine Doubling (mechanical doubling) — a manufacturing artifact that adds no numismatic value. Do not pay a premium for a “Double HP” 1937 dime without documented attribution.

The Paris Mint Connection: DC-21 Brass Trial

The DC-21 Brass Trial holds a unique position in numismatic history. Numismatic records attribute its production to the Paris Mint, struck during the period when the Royal Mint in London was overwhelmed with other Commonwealth contracts and the RCM in Ottawa was still awaiting its full George VI tooling suite. This foreign production of a Canadian pattern coin makes the DC-21 a cross-over rarity sought by collectors of both Canadian series coins and World pattern issues. With fewer than 10 examples believed to exist and realized prices of ~$4,260–$5,300 CAD for certified SP-63/64 examples, the DC-21 is firmly in trophy territory for serious collectors of the George VI series.

1937 Canadian Dime Identification Guide

Use this step-by-step checklist to determine exactly what you have — and which value tier applies to your coin.

1937 Canadian 10-cent dime obverse showing King George VI uncrowned portrait with HP initials at neck truncation, and reverse showing the Bluenose schooner under sail with date 1937

1937 Canadian dime: obverse showing King George VI’s uncrowned portrait (facing left) with T.H. Paget’s HP initials at the neck truncation; reverse showing the Bluenose schooner under sail with the date 1937 to the right. Confirm both sides match before proceeding. (Illustration — not a photo of your exact coin)

Step 1: Baseline Identification (30 Seconds)

  • Obverse (Heads): Uncrowned portrait of King George VI facing left. Look for small initials HP (T.H. Paget’s monogram) at the truncation of the King’s neck. This is the first-year George VI effigy adopted across the Commonwealth.
  • Reverse (Tails): The Bluenose schooner under full sail, moving to the left. Legend reads CANADA above and 10 CENTS below; the date 1937 appears to the right of the ship. Emanuel Hahn’s initial H may be faintly visible near the waterline or keel.
  • Edge: Reeded (milled) — distinct ridges around the entire circumference.
  • Date Alert: A coin dated 1936 with a small raised dot near the date is the famous 1936 Dot 10 Cents — a different coin entirely, technically struck in early 1937 using emergency prior-monarch dies, but catalogued under 1936. That coin is outside the scope of this guide.

Step 2: Magnet Test & Weight Verification

Magnet test for 1937 Canadian dime showing no magnetic attraction, confirming genuine 80% silver composition

Magnet test for the 1937 Canadian dime: no magnetic attraction confirms genuine 80% silver composition. Any attraction to the magnet signals a plated-steel counterfeit or (extremely unlikely) wrong-planchet error.

Apply a fridge magnet or neodymium magnet to the coin:

  • No attraction (expected and correct): Confirms 80% silver composition — both silver and copper are non-magnetic. This is the normal result for every genuine 1937 dime.
  • Magnetic attraction (problem): Indicates a modern plated-steel counterfeit. A genuine 1937 dime should never stick to or be deflected by a magnet.

Confirm with a jeweler’s scale: genuine coins weigh 2.33 grams (tolerance ±0.1 g). A reading outside this range warrants further investigation before paying any premium.

Step 3: Finish Identification — The Primary Value Driver

Side-by-side comparison of three 1937 Canadian dime finishes: Business Strike with cartwheel lustre, Matte Specimen with satin sandblasted surfaces, and Mirror Specimen with reflective fields and frosted Cameo devices

The three 1937 Canadian dime finishes side by side: Business Strike (left, cartwheel lustre), Matte Specimen (center, uniform satin surface, wire rims), and Mirror Specimen (right, reflective mirror fields with frosted Cameo devices). Identifying your finish is the single most important step in valuing a 1937 dime. (Illustration — not a photo of your exact coin)

The finish type determines the value tier more than any other single factor:

  • Business Strike (Common): When tilted under a direct light source, the coin exhibits a spinning “cartwheel” effect — bands of flowing lustre that rotate around the coin as you tilt it. The background fields may show small chatter marks, contact dings, or minor scratches from the production and transport process. Rims are standard and rounded. Value range: $6–$1,000+ depending on grade.
  • Matte Specimen (Rare — from Coronation Sets): No cartwheel lustre of any kind. The entire surface — both the flat background fields and the raised devices (King’s portrait, ship) — has a uniform, muted, satin or “sandblasted” texture. Look at the edge: a genuine Matte Specimen will often display a sharp “Wire Rim” — a squared-off, angular border where the rim meets the field, evidence of the high-pressure individual striking process. Value starts at ~$80+ (SP-63).
  • Mirror (Brilliant) Specimen (Very Rare — from Coronation Sets): The background fields are black-and-white reflective like a mirror — you can literally see your face reflected in the coin’s flat background. The raised devices (King’s head and the Bluenose) appear white and frosted (Cameo) against this dark mirror background. This is similar to a modern proof coin in appearance. Value starts at ~$150+ (SP-63) and reaches $1,500+ at SP-67.

Step 4: Key Wear & Strike Points

Key diagnostic wear points on the 1937 Canadian dime: King George VI cheekbone on obverse and Bluenose mainsail on reverse, highlighted as first areas to show wear and primary bag mark locations

Key diagnostic points on the 1937 Canadian dime: King George VI’s cheekbone (top) and the Bluenose mainsail (bottom) are the first areas to show wear on circulated coins and the prime locations for bag marks on uncirculated examples. These areas are critical for distinguishing MS-63 from MS-65. (Illustration — not a photo of your exact coin)

Under a 5× loupe, examine these specific areas:

  • King’s Cheekbone (Obverse, center-right): The highest point on the obverse and the first area to show wear in circulation. For Mint State grades, bag marks (small contact scratches from coins hitting each other at the mint) here are what separate MS-63 (marks visible to the naked eye) from MS-65 (clean under magnification).
  • Mainsail — Bluenose Reverse: The large mainsail is the highest point on the reverse. Wear appears as a flattening and loss of sail texture. Important: if the lustre is intact over a slightly flat area, this may be a weak strike rather than wear — a distinction that matters for grading. Fully struck examples command a premium.
  • Hair above the King’s ear (Obverse): Secondary wear indicator — complete hair detail should be visible on EF-40 and above; partial to fully worn on grades below.

Step 5: Mint Marks

No documented mint marks exist for the 1937 Canadian 10 cents. All circulation coins were struck at the Royal Canadian Mint in Ottawa. The Winnipeg facility was not yet operational in 1937, and there is no “W” variety for this year. The absence of any mint mark below the bust truncation is correct and expected for every genuine 1937 dime.

1937 Canadian Dime Value FAQs

What is a 1937 Canadian dime worth?

Value depends on grade and finish. Circulated examples (G4–AU50) are worth $6.00–$25.00 CAD, anchored by the silver melt floor. Uncirculated business strikes range from $30–$90 at MS-60 to MS-63, rising sharply to $350–$450 at MS-65 (Gem) and $750–$1,000+ at MS-66. Rare Matte Specimens start at ~$80 (SP-63) and Mirror Specimens at ~$150 (SP-63), reaching $1,500+ in the highest Specimen grades. All values as of February 2026.

Is my 1937 Canadian dime silver?

Yes — all 1937 Canadian dimes are struck in 80% silver, 20% copper (the “Confederation Silver” standard used from 1920–1967). Each coin contains 1.864 grams of pure silver (0.0600 troy oz), giving a melt value of approximately $6.00 CAD at February 2026 spot prices. Confirm your coin is genuine with the magnet test: a real 1937 dime shows no magnetic attraction whatsoever.

How do I tell if my 1937 dime is a Specimen and not just a shiny coin?

Look at the surface character, not just brightness. A Business Strike shows a spinning “cartwheel” lustre effect when tilted under light — it’s bright but has a rotational quality. A Matte Specimen has a uniformly dull, satin appearance with no cartwheel effect and sharp wire rims at the coin’s edge. A Mirror Specimen shows fully reflective mirror-like fields (you can see your face in it) with frosted, white-appearing devices. If you believe you have a Specimen, professional grading by ICCS, PCGS, or NGC is strongly recommended before any sale.

What is the difference between a Matte Specimen and a Mirror Specimen?

Both were produced for the 1937 Coronation collector sets, but the surfaces differ dramatically. Matte Specimens have a uniform, dull, sandblasted texture across both fields and devices — no reflective quality. Mirror Specimens feature highly polished, reflective fields with frosted (Cameo) devices — a black-and-white contrast similar to a modern proof coin. The Mirror finish is significantly rarer in the market and commands approximately 2× the Matte price at equivalent grades, reaching ~$10,500 CAD for a top-pop SP-67 example based on documented auction records.

What is the “condition cliff” and why does it matter for 1937 dimes?

The condition cliff refers to the dramatic price increase between MS-64 (~$140–$160) and MS-65 (~$350–$450) — roughly 2.5× for one grade point. This exists because the open sky field on the Bluenose reverse and King George VI’s prominent cheek are easily contacted by adjacent coins during production and transport. A genuine MS-65 coin, free of significant bag marks even under magnification, is a genuine condition rarity. Budget collectors typically stop at MS-63 for value; investors and registry collectors target MS-65 and above where the scarcity justifies the premium.

Should I get my 1937 Canadian dime professionally graded?

It depends on grade and finish. For circulated examples in G4–EF40, the cost of grading (approximately $30–$50+ per submission at ICCS; more at PCGS or NGC) typically exceeds the coin’s market value — not economically worthwhile. For business strikes appearing MS-64 or higher, or for any coin that shows Specimen characteristics, professional grading makes financial sense and significantly increases liquidity. ICCS is the domestic Canadian standard and the preferred service for most Canadian collectors; PCGS is preferred for high-end registry-set examples (MS-67, SP-67+) where US registry demand can drive meaningful premiums above ICCS-graded equivalents.

Is the 1937 Canadian dime rare?

In circulated grades, the 1937 dime is relatively available with a circulation mintage of 2,500,095 — not a key date. However, in Gem Uncirculated (MS-65+) condition, it is a genuine condition rarity due to the bag-mark problem. Specimen coins from the Coronation sets (estimated 1,200–1,300 sets total) are genuinely rare, and the Mirror Specimen finish in high grades is very rare. The 1937 Brass Trial (DC-21) is an extreme rarity with fewer than 10 known examples.

Was the 1937 Canadian dime ever made in a Proof-Like (PL) finish?

No. True Proof-Like sets — where coins were struck with special dies and individually packaged in cellophane (pliofilm) to preserve mirror-like surfaces for sale to collectors — were not a standard Royal Canadian Mint product in 1937. A mirror-like 1937 dime is either a Mirror (Brilliant) Specimen from the Coronation sets (SP designation) or, occasionally, an unusually well-preserved Business Strike. The correct grading designation for 1937 collector-finish coins is SP (Specimen), not PL (Proof-Like).

What is the most valuable 1937 Canadian dime that’s not an error?

The most valuable documented 1937 Canadian dime variety is the Mirror (Brilliant) Specimen in top certified grade (SP-67 or higher), which has realized approximately ~$10,500 CAD (~$7,638 USD) at a Heritage auction per PCGS Auction Price records. The 1937 Brass Trial (DC-21) pattern coin, with fewer than 10 known examples, has realized ~$4,260–$5,300 CAD in SP-63/64. For business strikes, an MS-67 has reached approximately ~$1,000 CAD.

Methodology & Sources

Values in this guide are synthesized from the following primary sources, cross-referenced and current as of February 2026. All prices are in Canadian Dollars (CAD) unless otherwise noted.

Market values represent typical transaction prices and may fluctuate with silver spot price movements and individual auction competition. This guide covers standard (non-error) business strikes and documented Specimen finishes only. Opinions expressed are for informational purposes and do not constitute investment advice.

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.