2024 Canadian 25-Cent (Quarter) Value Guide
Find out what your 2024 Canadian quarter is worth. Complete price guide covering Business Strike, Proof-Like, Specimen, Proof, and the rare 1 oz .9999 silver 'W' Mint Mark NCLT. All values in CAD as of February 2026.
Most 2024 Canadian quarters are worth exactly $0.25 (face value). In top certified grades, Business Strike examples reach $50.00–$150.00+. The 1 oz silver "W" Mint Mark NCLT coin commands $150.00–$200.00+.
- Circulated (pocket change):$0.25 (face value only)
- BU (MS60–62):$0.50–$1.20
- Choice BU (MS63–64):$1.50–$3.00
- Gem BU (MS65–66):$5.00–$15.00
- Top Pop (MS67–MS68):~$50.00–$150.00+
- Proof-Like (PL, from set):$1.60–$2.50
- Specimen (SP, from set):$3.50–$5.00
- Proof (PR, from set):$5.00–$8.00
- 1 oz Silver "W" Mint Mark (NCLT):$150.00–$200.00
Found in change? Worth exactly $0.25 — the standard 2024 quarter contains no silver and commands no premium in circulated condition. Shiny or mirror-like? Almost certainly a Proof-Like coin from an uncirculated mint set, worth $1.60–$2.50 — not the same as a Specimen or Proof finish. A brilliant appearance alone does not indicate MS67 rarity. Is it silver? No — every standard 2024 quarter (including all collector-set finishes) is Multi-Ply Plated Steel (MPPS) with zero precious metal content. The only silver 2024 quarter is the oversized NCLT "Tribute: W Mint Mark" issue (38mm diameter, 31.39g), which is worth $150–$200+. All values in CAD as of February 2026. See full value chart →
The 2024 Canadian twenty-five cent coin marks a historic milestone as the first full production year to carry the effigy of King Charles III, designed by Canadian artist Steven Rosati — making it the definitive type coin for collectors building a King Charles III set. The reverse continues Emanuel Hahn's iconic Caribou design, unchanged since 1937. No circulating commemorative quarter was issued in 2024; the Caribou is the sole circulating reverse design for this year, with the Royal Canadian Mint's 2024 commemorative circulation program focused exclusively on the $1 and $2 denominations. For values across all years and reigns, see our Canadian Quarter Value Guide.
Note: Errors such as off-centre strikes and wrong-planchet coins exist within modern Canadian coinage production but are outside the scope of this standard value guide.
2024 Canadian Quarter Composition & Melt Value
The 2024 Canadian quarter exists in two fundamentally different metallurgical compositions depending on whether you have a circulation strike or the specialized NCLT silver variant. One is worth $0.25; the other is worth $150+. Understanding the distinction is the single most important step in evaluating any 2024 quarter.
Circulation Strike: Multi-Ply Plated Steel (MPPS)
The Royal Canadian Mint's patented Multi-Ply Plated Steel (MPPS) technology underlies every circulation-strike and base-metal collector-finish 2024 quarter. The foundational core — approximately 94% of the coin's total mass — is a low-carbon steel alloy that provides structural rigidity and durability for commercial handling. An inner copper plating layer (~3.8%) bonds to the steel core and calibrates the coin's electromagnetic signature for compatibility with vending machines and automated coin sorters. The outer nickel plating (~2.2%) delivers the traditional silver-like aesthetic and resists tarnishing.
Melt value: Because the coin contains absolutely no precious metal, the combined commodity value of its steel, copper, and nickel amounts to a fraction of a single cent. The 2024 quarter's entire economic value rests on its government-backed face value and any collector premium derived from grade, finish, or packaging provenance. Collector-finish coins (PL, SP, PR) share this same MPPS base composition.
⚠️ MPPS Composition Vulnerability
If the ultra-thin nickel and copper plating layers are scratched, pierced, or exposed to humid or acidic environments, the underlying steel core will oxidize and rust rapidly, permanently destroying the coin's numismatic integrity. Never store these coins loose in damp conditions, and never attempt to clean them — see the FAQ for details.
NCLT Silver Variant: .9999 Fine Silver
The 2024 "Tribute: W Mint Mark" coin is struck from one full troy ounce (31.39 grams) of .9999 fine silver. Its intrinsic melt value is permanently anchored to the global silver spot price. At an estimated spot price of approximately $42.00 CAD per troy ounce (as cited in source data, February 2026), this coin carries an absolute intrinsic floor value that vastly exceeds its nominal $0.25 face value — completely separating it from the economics of any MPPS strike.
How to distinguish them physically: The silver NCLT measures 38mm in diameter versus 23.88mm for a standard quarter, and weighs 31.39g versus 4.4g. It is also completely non-magnetic. If a coin tests as standard-sized (23.88mm) yet non-magnetic, treat it as highly suspect — a potential anomaly or counterfeit requiring expert verification.
Note: The Currency Act of Canada governs the handling of coin of the realm; the Royal Canadian Mint advises against melting Canadian coins.
2024 Canadian Quarter Value Chart by Grade & Finish
Values below reflect typical verified retail and secondary market pricing as of February 2026, based on the Charlton Standard Catalogue, Coins and Canada pricing data, Numista market tracking, and major dealer aggregates. All values in CAD.
⚠️ The Modern Value Cliff
With 63,840,000 business strikes produced in 2024, the overwhelming majority of examples are worth exactly $0.25. Meaningful premiums begin only at MS65 and compound sharply at MS67+. Submitting a coin grading below MS65–MS66 to PCGS, NGC, or ICCS will result in a net financial loss after grading fees (typically $15.00–$30.00 CAD per coin, plus shipping and insurance). Only submit if your coin shows virtually zero bag marks under 5× magnification and projects booming original mint lustre.
2024 Canadian Quarter — Business Strike (Circulation, Winnipeg Mint)
Business strikes are manufactured on high-speed presses at the Winnipeg facility, ejected into steel collection bins, and machine-rolled for bank distribution. Bag marks, rim dings, and minor striking anomalies are entirely standard — they are the unavoidable physical consequence of bulk high-speed production. The "First Strikes" Special Wrap rolls command a distinct premium because the coins were struck on the first day of the 2024 production run and remain in original holographic packaging.
| Packaging Tier | Circulated | BU (MS60–62) | Choice BU (MS63–64) | Gem BU (MS65–66) | Mintage |
|---|---|---|---|---|---|
| Standard Circulation (Pocket Change / Bank Roll) | $0.25 (Face Value) | $0.50–$1.20 | $1.50–$3.00 | $5.00–$15.00 | 63,840,000 |
| Standard Mint Rolls (Unsearched) | N/A | $1.00–$1.50 | $2.00–$4.00 | $6.00–$20.00 | Subset of circulation total |
| "First Strikes" Special Wrap Roll (per coin) | N/A | $2.00–$3.50 | $4.00–$8.00 | $10.00–$25.00 | 5,000 roll sets |
MS67 and MS68 examples command a significant additional premium beyond the Gem BU range — see the Notable Variants section for trophy-level pricing. Sources: Coins and Canada / Numista / RCM / Parthava Coin (Feb 2026).
ℹ️ "First Strikes" Provenance Warning
The premium for "First Strikes" coins is entirely dependent on the holographic seal remaining intact and unbroken on the original Royal Canadian Mint roll packaging. Breaking the seal eliminates the provenance guarantee and the associated premium. An intact complete 5-roll denomination set trades for approximately $175.00–$240.00 CAD. Individual coins extracted from a broken roll revert to standard business strike pricing.
Grade progression for the 2024 Canadian quarter: a heavily contact-marked circulated example (left), a clean BU/MS63 coin with minor surface marks (centre), and a near-flawless Gem MS66 with blazing original lustre (right). The jump in quality from MS63 to MS66 is dramatic — and so is the jump in value. (Illustration — not a photo of your exact coin)
2024 Canadian Quarter — Collector Finishes (Proof-Like / Specimen / Proof)
Collector-finish coins are struck on specialized, slow-moving numismatic presses at the Ottawa facility and are never subjected to bulk handling. Values below assume the coin has been carefully removed from its original packaging but remains untouched and uncirculated. If circulated or damaged, premium evaporates to face value. All three finishes are base-metal MPPS composition — there is no precious metal in any of these set coins.
| Finish | Individual Coin Value (From Set) | Mintage |
|---|---|---|
| Proof-Like (PL) — from Uncirculated Set | $1.60–$2.50 | ~100,000 |
| Specimen (SP) — from Premium Specimen Set | $3.50–$5.00 | ~30,000 |
| Proof (PR) — from Elite Proof Set | $5.00–$8.00 | ~20,000 |
Sources: Numista / RCM / Century Stamps (Feb 2026). A Proof coin's mirror-field cameo contrast makes it visually striking but does not imply precious metal content. See the Identification Guide for how to distinguish these finishes by surface appearance.
The four manufacturing finishes of the 2024 Canadian quarter. Business Strike (far left): standard cartwheel lustre with expected surface marks. Proof-Like (centre-left): brilliant mirror fields with minimal device frosting. Specimen (centre-right): matte, light-absorbing fields unique to Canadian numismatic production. Proof (far right): deep mirror fields with heavily frosted cameo devices. (Illustration — not a photo of your exact coin)
2024 Canadian Quarter — NCLT 1 oz Silver "Tribute: W Mint Mark" Caribou
This Non-Circulating Legal Tender coin is entirely separate from the base-metal circulation and collector-set program. Its value is anchored to the silver spot price plus a numismatic premium for its low mintage and finish quality.
| Variant | Finish | Composition | Typical Market Value (CAD) | Mintage |
|---|---|---|---|---|
| "Tribute: W Mint Mark" Caribou | Specimen (SP) / Pristine Raw | 1 troy oz .9999 Fine Silver (31.39g) | $150.00–$200.00 | 7,500 |
This coin's floor value is anchored to the silver spot price (approximately $42.00 CAD/troy oz at time of reporting). Top examples graded SP70 can reach $199.95–$250.00 CAD. See the Royal Canadian Mint's official product page, APMEX product listing, and CDN Coin listing for current retail pricing.
All values in CAD as of February 2026. For the complete denomination price guide, see our Canadian Quarter Value Guide.
Most Valuable 2024 Canadian Quarter Varieties
Modern Canadian coinage's computer-machined, laser-etched dies and rigorous quality control have virtually eliminated the traditional die varieties — doubled dies, repunched mint marks, overdates — that defined earlier eras. In the 2024 context, "variety" means intentional packaging segmentation, documented mint mark placements, and extreme condition rarity on business strikes. The following tables cover both trophy-level examples worth significantly disproportionate sums and findable split points a collector can verify today.
Trophy-Level Varieties (Highest Documented Values)
| Variety | Why It Commands a Premium | Condition Requirement | Typical High-End Value (CAD) | Source |
|---|---|---|---|---|
| MS67 / MS68 Business Strike | With 63,840,000 coins produced via high-speed bulk presses and steel bins, surviving without a single microscopic bag mark is a statistical anomaly. The premium is entirely for the numeric grade — the coin itself is common; the preservation is extraordinary. | MS67 or MS68, strictly ICCS or PCGS graded | ~$50.00–$150.00+ | PCGS Auction Records / Market Trends (Feb 2026) |
| 1 oz Silver "W" Mint Mark Caribou (SP70) | Very low original mintage of 7,500 pieces; intrinsic 1 oz silver floor value; the unusual Winnipeg "W" mint mark on a pure silver numismatic specimen strike creates a cross-category collector appeal. | SP70 (Specimen 70) or pristine raw in original mint packaging | ~$199.95–$250.00 | CDN Coin / APMEX / Retail (Feb 2026) |
| "First Strikes" Special Wrap Roll (Fully Intact) | A mint-sealed roll featuring a holographic sticker confirming coins were struck on the exact first day of 2024 production. The premium is entirely dependent on unbroken, unsearched original packaging — breaking the seal destroys the provenance. | Unopened Royal Canadian Mint roll retaining original holographic seal (40 coins per roll) | ~$175.00–$240.00 (complete 5-roll denomination set) | Parthava Coin / CDN Coin / RCM Retail (Feb 2026) |
Close-up of the 2024 NCLT silver "Tribute: W Mint Mark" Caribou quarter reverse. The red circle highlights the "W" (Winnipeg) mint mark positioned below the Caribou. This coin is 38mm in diameter and weighs 31.39g (1 troy oz .9999 fine silver) — dramatically larger and heavier than the standard 23.88mm / 4.4g circulation quarter. Only 7,500 were produced. (Illustration — not a photo of your exact coin)
Findable Split Points (Identifiable Characteristics Worth Checking)
These are characteristics a collector can verify today to confirm whether a coin belongs to a lower-mintage, higher-premium tier rather than the standard circulation pool.
| Variant | Charlton # | How to Identify (1 Line) | Why It Is Rarer | Typical Premium | Source |
|---|---|---|---|---|---|
| "W" Mint Mark Silver (NCLT) | Pending (Vol. 2) | Locate the small "W" on the reverse below the Caribou; coin will be oversized (38mm), heavy (31.39g), and completely non-magnetic. | Only 7,500 minted as a pure silver NCLT tribute versus 63,840,000 base-metal circulation strikes. | +$150.00–$200.00 over face value | RCM / Numista / APMEX (Feb 2026) |
| "First Strikes" Hologram Wrap Provenance | N/A (Roll packaging variant) | Coin must be demonstrably sourced from a holographically sealed Royal Canadian Mint roll with the seal unbroken and the hologram intact. | Strictly limited to 5,000 multi-denomination roll sets minted on the first day of 2024 production. | +$2.00–$10.00 per coin (only if provenance is proven; broken seal = $0 premium) | RCM / Dealer Listings (Feb 2026) |
| Die Cracks / Cuds (Minor) | Unlisted (Generally ignored by Charlton) | Look for raised jagged lines of metal appearing around the Caribou's antlers or near the King's neck contour on the obverse. | Markers of late die state deterioration; hunted by niche variety collectors but not mainstream catalogue varieties. | +$1.00–$3.00 (novelty premium only) | General numismatic trends (Feb 2026) |
The 2024 Royal Canadian Mint "First Strikes" Special Wrap Roll. The holographic seal at the end of the roll confirms the coins were struck on the first day of 2024 production. The premium disappears the moment the seal is broken — individual coins revert to standard business strike pricing. (Illustration — not a photo of your exact product)
Major mint errors — including off-centre strikes and wrong-planchet coins — can be very valuable but are outside the scope of this standard value guide.
2024 Canadian Quarter Identification Guide
A shiny 2024 quarter from a bank roll can easily be mistaken for a premium collector coin by an untrained observer. The stakes are higher when you consider that the silver NCLT variant is worth $150+ and is physically distinct from the standard coin. Follow this 30-second checklist to determine exactly what you have before assigning value.
2024 Canadian quarter obverse (left) and reverse (right). Obverse: King Charles III facing left, uncrowned, legend "CHARLES III DEI GRATIA REX," designer's initials "SR" (Steven Rosati) near the bust truncation. Reverse: Caribou by Emanuel Hahn (1937), "CANADA 2024" and "25 CENTS."
30-Second Identification Checklist
Step 1 — Monarch Check: Examine the obverse (heads side). Confirm the portrait is King Charles III, facing left, without a crown. Look for the designer's initials "SR" (Steven Rosati) near the bust truncation, and the Latin legend "CHARLES III DEI GRATIA REX." If you see Queen Elizabeth II, the coin is 2023 or earlier and falls outside this evaluation.
Step 2 — Reverse Design Check: Flip the coin. Confirm the standard Caribou reverse designed by Emanuel Hahn, with the year 2024 and inscription CANADA 25 CENTS. No 2024 quarter carries a commemorative circulating design — the Royal Canadian Mint's 2024 commemorative circulation program was limited exclusively to the $1 and $2 denominations. If a 2024 coin shows an unusual design, double-check the denomination.
Step 3 — Magnet Quick-Test (Composition Verification — CRITICAL): Apply a strong rare-earth magnet to the coin's surface.
- 🧲 Magnetic (jumps firmly to magnet): Confirms Multi-Ply Plated Steel (MPPS) composition — the standard circulation coin or any base-metal collector finish (PL, SP, PR). Proceed to Step 4.
- 🔕 Non-magnetic (coin ignores the magnet entirely): Indicates no steel core. Immediately check the coin's size and weight. If it measures 38mm in diameter and weighs 31.39 grams, you are holding the 1 oz .9999 silver "Tribute: W Mint Mark" NCLT issue worth $150–$200+. Warning: If the coin is standard-sized (23.88mm) yet non-magnetic, treat it as highly suspicious — a potential planchet anomaly or counterfeit requiring expert verification by ICCS or a trusted numismatic dealer.
Step 4 — Finish Identification (for Magnetic / MPPS Coins): Examine the coin's surface under a strong, directional incandescent or halogen light source. Avoid diffused LED lighting, which masks surface contrast.
- Business Strike: Cartwheel lustre — the coin's luster sweeps in a rotating wheel pattern as you tilt it. Bag marks and contact abrasions are normal and expected, even on coins pulled directly from a bank roll.
- Proof-Like (PL): Brilliant, mirror-like background fields with little to no frosting on the raised Caribou and King's portrait. These coins are sourced exclusively from pliofilm uncirculated sets or specific mint presentation folders and carry far fewer bag marks than a business strike.
- Specimen (SP): A uniquely Canadian numismatic finish. The background fields are distinctly matte, lined, or softly frosted — they absorb light rather than reflecting it, creating strong contrast against the brilliant or frosted relief devices. Found exclusively in premium book-style Specimen sets.
- Proof (PR): The most refined finish available. Background fields are deeply mirrored, appearing nearly black when angled away from a light source. The raised Caribou and King's effigy are heavily frosted, creating the classic snow-white cameo contrast. Found in elite presentation cases.
Step 5 — Mint Mark Check: No mint mark appears on standard circulation coins or base-metal collector-set coins of this year — this is completely normal for Canadian coins of this era. The "W" (Winnipeg) mint mark is found exclusively on the 1 oz silver NCLT issue, positioned on the reverse below the Caribou design.
Step 6 — Size and Weight Confirmation (If Needed): Standard circulation and collector-set coins: 23.88mm diameter / 4.4g. NCLT silver: 38mm diameter / 31.39g. A precise digital scale and calipers will resolve any ambiguity following the magnet test.
ℹ️ Shiny ≠ High-Grade Business Strike
A highly reflective 2024 quarter found loose is almost certainly a Proof-Like coin that has been removed from an uncirculated mint set, not a rare high-grade Business Strike. The PL finish creates brilliant mirror fields that can appear spectacular under casual inspection, but the individual coin's set value is only $1.60–$2.50. Do not confuse PL mirror quality with the MS67/MS68 premium, which requires essentially zero bag marks under magnification and is an entirely different product.
⚠️ Never Clean Your Coins
Cleaning a 2024 quarter with abrasive cloths, polishing compounds, or chemical dips will permanently strip the lustre from the fragile MPPS nickel plating, leaving a dull, hairlined surface. Grading services (ICCS, PCGS, NGC) classify cleaned coins as "Details" (damaged), and all numismatic premium is lost regardless of the underlying detail or original quality.
The definitive composition test for the 2024 Canadian quarter. Left: the standard MPPS circulation strike jumps firmly to a rare-earth magnet — strongly magnetic, confirming a steel core. Right: the 1 oz .9999 silver NCLT "W" Mint Mark coin is completely unaffected by the magnet. Also note the dramatic size difference: 23.88mm (left) vs. 38mm (right). (Illustration — not a photo of your exact coin)
2024 Canadian Quarter Value FAQs
What is a 2024 Canadian quarter worth?
Most 2024 Canadian quarters found in circulation are worth exactly $0.25 — their face value. The coin contains no precious metal and was produced in large numbers (63,840,000 business strikes). Collector-finish examples from official mint sets carry modest premiums: Proof-Like sets value the coin at $1.60–$2.50, Specimen sets at $3.50–$5.00, and Proof sets at $5.00–$8.00. The significant outlier is the 1 oz silver NCLT "W" Mint Mark coin, which commands $150.00–$200.00+.
Is a 2024 Canadian quarter rare?
As a general circulating coin, no — with 63,840,000 struck, the 2024 quarter is one of the most abundant coins in Canadian circulation. However, rarity exists at the extremes: a business strike graded MS67 or MS68 is a genuine statistical anomaly given the brutal mechanics of bulk minting and bin handling, and the 1 oz silver NCLT "W" Mint Mark variant is capped at just 7,500 examples worldwide. The "First Strikes" rolls, limited to 5,000 multi-denomination sets, also occupy a scarce collector tier.
What makes a 2024 Canadian quarter valuable?
Four factors drive premium value above face: (1) Grade — a flawlessly preserved MS67 or MS68 business strike commands ~$50.00–$150.00+; (2) Finish — Specimen and Proof coins from official sets trade at a premium over raw business strikes; (3) Provenance — intact, holographically sealed "First Strikes" rolls carry a packaging premium that evaporates the moment the seal is broken; (4) Composition — the 1 oz silver NCLT issue commands $150–$200+ primarily because of its precious metal content and strictly capped mintage of 7,500.
Is my 2024 Canadian quarter silver?
Almost certainly not. Every standard 2024 quarter — whether a business strike from pocket change or a PL, SP, or PR coin from a collector set — is composed entirely of Multi-Ply Plated Steel (MPPS) with zero precious metal content. The only silver 2024 quarter is the specialized NCLT "Tribute: W Mint Mark" issue, which is significantly oversized (38mm vs. 23.88mm) and much heavier (31.39g vs. 4.4g). A strong rare-earth magnet will confirm this instantly: MPPS coins are strongly magnetic; the silver NCLT coin is completely non-magnetic.
Should I get my 2024 Canadian quarter graded?
Only if the coin is genuinely exceptional. Grading services (ICCS, PCGS, NGC) typically charge $15.00–$30.00 CAD per coin plus shipping and insurance. Since a MS63–64 example is worth only $1.50–$3.00, submission at that tier guarantees a financial loss. The coin must plausibly project MS66 or higher — meaning virtually zero bag marks visible under 5× magnification and brilliant original lustre — before encapsulation makes economic sense. The NCLT silver coin is a better grading candidate given its base value of $150–$200+.
What is the difference between Proof-Like, Specimen, and Proof finishes?
These are three distinct manufacturing finishes with different visual characteristics and values. Proof-Like (PL, $1.60–$2.50): Brilliant mirror-like fields with little device frosting; struck on Ottawa presses with polished dies; sourced from flat pliofilm uncirculated sets. Specimen (SP, $3.50–$5.00): A uniquely Canadian finish — matte or lined fields that absorb light rather than reflect it, creating sharp contrast with brilliant relief; from premium book-style sets. Proof (PR, $5.00–$8.00): Deeply mirrored fields appearing almost black at angle, with heavily frosted snow-white devices (classic cameo contrast); from elite presentation cases. All three are MPPS base-metal composition for the standard 2024 issue.
What is the "W" Mint Mark coin, and how do I identify it?
The 2024 "Tribute: W Mint Mark" is a Non-Circulating Legal Tender coin struck at the Winnipeg facility from one troy ounce of .9999 fine silver. It carries a small "W" mint mark on the reverse below the Caribou design, measuring 38mm in diameter and weighing 31.39g. With only 7,500 produced and an intrinsic silver floor of approximately $42.00 CAD per troy ounce at time of reporting, it trades for $150.00–$200.00+. It is completely non-magnetic — a standard rare-earth magnet test immediately distinguishes it from every MPPS coin. See the Royal Canadian Mint's official NCLT product page for specifications.
What are "First Strikes" coins, and are they worth more?
The Royal Canadian Mint's "First Strikes" program packages coins struck on the very first day of 2024 production into holographically sealed rolls, with 5,000 multi-denomination roll sets produced. Individual coins from these rolls carry a modest premium (+$2.00–$10.00 CAD per coin) only if the holographic seal remains completely intact and unbroken. Once opened, the provenance guarantee is gone and the coins revert to standard business strike pricing. An intact complete 5-roll set trades for approximately $175.00–$240.00 CAD. For current pricing, see Parthava Coin's listing.
What is the grading difference between ICCS, PCGS, and NGC for Canadian coins?
The domestic Canadian market relies heavily on the International Coin Certification Service (ICCS), based in Toronto, which holds a long-standing reputation for strict, conservative grading of Canadian coinage. Their soft-flip holders are ubiquitous at Canadian coin shows. US-based services PCGS and NGC are globally respected and command strong premiums internationally, but Canadian collectors and dealers often reference ICCS population reports to gauge true domestic scarcity. A coin graded MS67 by PCGS is not automatically guaranteed the same grade upon crossover to ICCS, due to differences in grading philosophy and market perception of modern Canadian coinage.
Is there a counterfeiting risk with the 2024 quarter?
Counterfeiting the base-metal MPPS circulation quarter is economically unviable — the coin's sophisticated electromagnetic signature and low face value make it a non-target. However, the 1 oz silver NCLT "W" Mint Mark coin, with its $150–$200+ market price, is a plausible target for high-fidelity counterfeiting. Always purchase the silver NCLT issue from trusted numismatic dealers, verify the Royal Canadian Mint's specific security packaging, and confirm the precise weight (31.39g) and diameter (38mm) with calibrated instruments before paying a premium price.
Methodology & Sources
Values in this guide represent typical verified retail and secondary market prices as of February 2026, synthesized from the following primary sources:
- Royal Canadian Mint (mint.ca) — Official 25-Cent Coin Page: Mintage figures, MPPS composition specifications, King Charles III effigy details, and "First Strikes" product information.
- Royal Canadian Mint — "Tribute: W Mint Mark" NCLT Official Page: Mintage (7,500), weight (31.39g), diameter (38mm), and original retail parameters for the silver NCLT variant.
- Numista — 2024 Canadian 25 Cents (Charles III): Baseline circulation transaction values, collector finish pricing, and technical specifications cross-reference.
- Coins and Canada — 25 Cents 2023–2026 Pricing: Historical and current market pricing for PL, SP, and PR collector finishes.
- Charlton Standard Catalogue of Canadian Coins, Volume 1 (78th Edition, 2026): Definitive structural framework for Canadian numismatic finish criteria and the CLT vs. NCLT pricing distinction.
- APMEX — 2024 Canada 1 oz Silver 25¢ Tribute: W Mint Mark Caribou and CDN Coin — 2024 W Mint Mark Caribou: Secondary market retail pricing for the NCLT silver variant.
- Parthava Coin — First Strikes 2024 Special Wrap Roll Collection: Secondary market pricing for the "First Strikes" roll sets.
- PCGS Auction Archives and dealer aggregate data (Colonial Acres, Century Stamps): Empirical baselines for elite Mint State graded examples (MS67/MS68) and broader market trends.
Disclaimer: Coin values fluctuate with market conditions, silver spot prices, and collector demand. All values are stated in Canadian Dollars (CAD) and are for informational purposes only. They do not constitute an offer to buy or sell. Always consult multiple authoritative sources before making significant numismatic transactions.
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.