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A good example is a 1943 steel cent that has been copper coated to be passed off as a rare 1943 copper cent. but where there is money trading hands, there will always be fakes, frauds, and counterfeits. It is free. The Canadian silver coin calculator figures total silver value and total silver content based on the amount of silver contained in uncirculated Canadian silver coins that have no wear. This is why the value of Canadian coins before 1965 are so high. Silver Canadian coins have a most interesting history. 1971 onwards, specimen 1c coins were available in the Prestige "Double Dollar" sets. "Silver has the highest thermal conductivity of any common metal or alloy," explains Martin. You may want to indicate a percentage of that wear in the "Amount of Wear" text box. The silver price can be volatile, so if your goals are long-term value, don’t be alarmed by day-to-day fluctuations in the silver price. Collecting Canadian coins is an easy outgrowth to those who began their hobby collecting U.S. coins. Many people find it easier to use charts when viewing information so in the chart below you will find the silver content and value of Canadian silver dollars year by year, you will also find the modern day composition of Canadian dollar coins: (Note: The prices listed below are for Circulated $1.00 coins, not proof or commemorative $1.00 coins.) You can do a simple at home specific gravity test. Any experienced coin dealer often won’t be able to tell you exactly why a particular silver coin is fake. That said, all silver owners should understand that no investment-grade bullion is 100% pure silver. 5:53. If it is real, then when they tilt or tip the silver, the magnet will gently slide. This is our extensive deep dive into coins containing 40% silver, or simply, our Ultimate Guide to 40% Silver Coins. To start, any Canadian dime found between the years 1920 to 1966 are made of 80% silver. 1851-1873 There are other larger 3 cent coins that do not. I know the easiest way to tell if a coin is silver is to look at the side but my Grandma gave me a ring a few years back and I can't tell if it's silver or some other metal. Coins have borne “mint marks” since antiquity when the ancient Romans imprinted a mint’s location to control the quality of coin production. 3700/7300. report. You're very lucky if it's a 1943 steel penny! Values represent uncirculated coins, unless you enter an amount of coin wear. Proof coins represent the finest, the very best, that any U.S. Mint has to offer. There are two varieties of the 1968 Canadian quarter. Coin scales, also called jewelry scales or numismatic scales, measure in grams and are available online or in any hobby shop starting at around $10. If the coin edge should be reeded, and isn’t (or vice versa) then its likely a fake. The 1967 specimen set was issued in two sets: one with a sterling silver medal (red box) and one with the $20 gold coin (black box). This guide allows the reader to gather all the need-to-know details about the short era when the content of some coins produced by the U.S. Mint was 40% silver. Usually, you can find the coin’s ASW simply by looking up the type of coin you have. Typically, silver stackers will buy neodymium magnets no bigger than a pea and then place these on the silver bar or coin. Proof coins vary greatly from their business strike -- regular, circulation-quality -- counterparts and they take a different path in the Mint. Start by weighing your silver dollar to ascertain how much silver could be recovered if your coin were melted. The easiest way to tell them apart is with a magnet. Learn More → The U.S. Mint manufactures coins in four locations: Philadelphia, Denver, San Francisco and West Point. Instead, silver bars and coins (and jewelry, etc.) Silver Canadian Coins (1858-1967) >Find valuable buying/selling information on several (29) of the most popular Canadian silver coins in my book The Last Canadian 80 Percent Silver Coins. It's a simple, neat little trick that can tell you if you are dealing with sterling silver … Dimes and quarters minted after 1965 and half dollars minted after 1970 are clad, which are a combination of nickel and copper. You will sometimes hear of dimes, and other 90% Silver coins, referred to as “junk Silver.” This is merely a colloquial term and we assure you these coins are not junk. The fake ones will stand out during these checks, and if you read on you can learn more about how to perform them and avoid getting ripped off. *Until they started minting 50% silver, both mint sets and business strikes were all 80% silver. You see, proof doesn't refer to a particular grade. Very consistent coin to coin across many tested years. hide. If a silver coin bears a common date in the twentieth century (1900 to 1964) and has been cleaned, most dealers will weigh them on a scale and pay you a small premium over bullion value. Detecting Fake Silver Eagles - Duration: 3:29. The content of the quarter has altered considerably, from the weight of the coin, to the quality and quantity of metals, the ingredients have slowly evolved. Rather, proof refers to the result when a coin is manufactured in a special way. Canadian silver coins are known for their low premiums over spot. Many coins minted before the Great Depression were made using silver and gold. The Canadian silver coin values are based only on the actual silver content of the coins (intrinsic value), and not by any numismatic (collector) or base metal value. HalfDolla' MakeYouHolla' 42,907 views. Ferrous materials, such as iron and steel, will attach to a magnet and are not part of nearly any United States coins. 74% Upvoted. To measure the weight properly you need to have a calibrated scale that is accurate to at least .1 grams, although .01 grams is preferable. The Canadian Silver Coin Calculator finds the value of silver within your coins in seconds and with virtually no effort. Check silver prices regularly to find out what your silver holdings are worth and when it’s a good time to buy silver. Canadian dimes (10 cents) are a popular denomination to coin roll hunt for their silver content. Weight Test. For the Liberty Silver Eagle $1 it shows the ‘ring tone’ graphically at 3700 with an accompanying harmonic at 7300. If possible, check the coin’s edges. Available as an eBook. To determine a silver coin’s value, you need to know a few things about your coin: the actual silver weight (ASW), the fineness of the coin, and the weight in grams. Gold and Silver counterfeit products are damaging to the industry. 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