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Canadian 1916 Five Cent Value

Coin Values, images, and specs for the 1916 Five Cent from Canada.

The Canadian 1916 Five Cent coin, made of 92.5% silver, circulated during the height of World War I, as Canada’s economy adapted to wartime demands. Featuring King George V on the obverse, it symbolized Canada’s loyalty to Britain. As silver became more valuable due to increased military needs, the coin’s metal composition reflected the nation’s resource wealth. Despite rising inflation, the small silver five-cent piece remained in use, though discussions about shifting to a nickel-based coin were beginning.

Under Prime Minister Robert Borden, Canada intensified its war efforts, leading to economic strain and greater government control over resources. The Canadian 1916 Five Cent was minted as industries focused on war production, affecting silver availability. Its reverse design, with a wreath and crown, reinforced Canada’s British ties. The coin’s silver content gained significance as metal shortages grew. The Canadian 1916 Five Cent remains a symbol of Canada’s wartime economy and imperial commitment.
Obverse of Canadian 1916 Five Cent Value Reverse: Canadian Canadian 1916 Five Cent Value

Canadian 1916 Five Cent Valuations

Very Good Condition
$4.50
Fine Condition
$6.00
Very Fine Condition
$12.00
Extremely Fine Condition
$24.00
About Uncirculated
$60.00
Mint State 60
$125.00
Mint State 63
$300.00
Mint State 64
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1916 Five Cent Mintage

George V 1916 Five Cent coin is a popular coin with 2,481,675 minted. Each year, the George V 1916 Five Cent mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of George V 1916 Five Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1916 Five Cent Worth

The value of 1916 Five Cent depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a Canadian 1916 Five Cent coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1916 Five Cent Coin Composition

The value of a Canadian 1916 Five Cent coin depends on its composition and the current market prices of the metals used. Coins like the Canadian 1916 Five Cent made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the Canadian 1916 Five Cent coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the Canadian 1916 Five Cent coin, regardless of its face value.