Wednesday, October 10, 2012

CANADIAN SILVER

Lately I have bought a few Canadian coins that have been in the possession of locals who acquired them during vacations or business trips. Though the USA ceased minting silver coins for circulation with the 1964 issue (though 40% silver halves were minted through 1970), Canada continued to produce and circulate its 80% silver coins through 1967, and even produced 50% silver coins in 1967-68. When considering buying or selling Canadian coins, it's advisable to check dates and issue to be sure you are aware of silver content. The 1965 Canadian dollar shown here (and the 1966) is composed of 80% silver and 20% copper, but those of 1967 may be only 50% silver.

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