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Canada Commemorative Dollar 1958
At the time of this writing, silver is selling at about $17 US dollars per troy ounce. These modern commemorative coins, which contain 0.6 ounces of silver ($10 worth) run around $5 to $15 US dollars, depending on condition and whether you are the buyer or the seller. A dealer would try to buy this coin from you near the $5 level and then try to sell it to another collector for $15. In practice, neither of these two limits would generally be hit, but they give you a general idea of value. If the coin is in absolutely superb condition, the collector appeal could send this coin into the $25 range. Look up the current value of silver at kitco.com. It changes every day.
Our picture shows a rainbow toned coin. Some collectors pay a big premium for rainbow toning. Others (the purists) shun any kind of toning and think it detracts from a coin's value.
For more Canadian silver dollars, click here.
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