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Canadian 1923 Five Cent Value

Coin Values, images, and specs for the 1923 Five Cent from Canada.

The Canadian 1923 Five Cent coin, made of nickel, continued Canada’s shift away from silver. This change, prompted by post-World War I economic struggles and metal shortages, made nickel the primary material for lower-denomination coins. The Canadian 1923 Five Cent marked a new phase in Canadian coinage, offering a more cost-effective solution for circulation during a time of inflation and recovery efforts.

In 1923, Prime Minister William Lyon Mackenzie King focused on stabilizing Canada’s post-war economy. The Canadian 1923 Five Cent reflected this era of adjustment and growth. Its reverse design remained consistent, symbolizing Canada’s loyalty to Britain, while the nickel content signified a shift toward more practical metal use for coin production. The Canadian 1923 Five Cent represents the country’s adaptation to a changing economic landscape.
Obverse of Canadian 1923 Five Cent Value Reverse: Canadian Canadian 1923 Five Cent Value

Canadian 1923 Five Cent Valuations

Very Good Condition
$0.60
Fine Condition
$1.50
Very Fine Condition
$3.00
Extremely Fine Condition
$4.00
About Uncirculated
$5.50
Mint State 60
$7.00
Mint State 63
$15.00
Mint State 64
$19.00
1923 Five Cent Mintage

George V 1923 Five Cent coin is a popular coin with 2,502,279 minted. Each year, the George V 1923 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 1923 Five Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1923 Five Cent Worth

The value of 1923 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 1923 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.

1923 Five Cent Coin Composition

The value of a Canadian 1923 Five Cent coin depends on its composition and the current market prices of the metals used. Coins like the Canadian 1923 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 1923 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 1923 Five Cent coin, regardless of its face value.