Sell Canadian Silver Coins | Buy & Sell Silver Coins in Canada (2024)

FAQs

How much is 1 oz of silver worth in Canadian dollars? ›

1 XAG = 38.913994 CAD Sep 11, 2024 21:32 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

Several factors determine what your silver coins are worth. Even older coins, which might be assumed to be valuable, are fairly often quite common and worth only the value of their silver content. Still, even common coins from the 20th century may be much more valuable than their face value.

Selling your old Canadian or international silver coins for cash is a great way to earn some extra money. Here at Canada Gold, we've been buying and selling silver coins for years, and we've established a solid reputation for being one of the most reliable and trustworthy silver and gold shops in the country.

SELL YOUR SILVER BULLION FOR CASH TODAY

Canada Gold is the country's highest paying and most trusted precious metals dealer. We purchase all types of silver bullion, bars, rounds and coins. The prices we pay depend largely on whether or not the bullion is recognized.

Silver Market Price: $38.67 CAD.

Often regarded as the holy grail of Canadian coins, the 1911 Canadian silver dollar is one of the rarest and most valuable coins ever recorded. There are only two known 1911 silver dollars in existence, and one of which is housed at the Canadian currency museum in Ottawa.

Exchange at a bank or credit union before your trip: Heading to your bank before your trip is often the most cost-effective way to exchange currency. Since you have an existing relationship with them, your bank is likely to give you the best exchange rates and charge the lowest fees.

You can get cash in just a few minutes using a Coinstar® machine. It's so simple. You don't have to count, sort, or roll your coins. Our big green machines are at grocery stores, so you can get cash conveniently, right on the spot.

What is the best thing to do with silver coins? ›

Silver coins are generally easy to sell due to their intrinsic value and high demand among investors and collectors. You can sell them through local coin shops, online dealers, marketplaces, or directly to collectors. Ensure you research the market and choose a reputable buyer to streamline the selling process.

One convenient way to sell your old silver coins is to visit a local pawn shop or jewelry shop, as these types of businesses are usually interested in buying valuables of this nature.

We are required to report sales of 90% silver content US coins that exceed a face value of $1,000, as well as any sales of the previously mentioned gold coins, in which more than 25 pieces have been sold.

As of August 2024, one ounce of silver is worth around $29. To reach $100/oz, silver would have to gain over three times its current value. Although silver could realistically be worth $50 in 2025 or 2026, silver is unlikely to hit $100 per ounce unless an extreme set of economic circ*mstances become reality.

Content guaranteed - Each coin contains 80% pure silver as well as 20% of other metals used as hardeners, as guaranteed by the Canadian Mint. Each $1 face value silver dollar contains 0.6 ounces of pure silver. Year and condition may vary but weight and purity are guaranteed.

What is the price of Silver Eagle coins today? The current ask purchase prices for a one ounce Silver American Eagle is: $32.09. The best reference for today's up to date prices for American Silver Eagle Coins is above. For a comparison of Silver Eagles prices to other silver coins, refer to Monex' Live Prices page.