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Canadian 1923 Five Cent Value

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


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.


Canadian 1923 Five Cent Value
Canadian Canadian 1923 Five Cent Value

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.
Very Good Condition

$0.60

Fine Condition

$1.50

Very Fine Condition

$3.00

Extremely Fine Condition

$4.00

Extremely about Uncirculated

$5.50

Mint State 60

$7.00

Mint State 63

$15.00

Mint State 64

$19.00

1923 Silver Five Cent

The value of silver a Canadian 1923 Five Cent coin depends on both its silver content and the current market price of silver. Historically, silver Canadian 1923 Five Cent coins contained around 90% silver, though modern bullion coins often feature 99.9% pure silver. While silver coins may have a low face value, their actual worth is typically much higher, reflecting the market value of silver and factors like rarity or collector demand. The Canadian 1923 Five Cent value can fluctuate based on silver prices, making these coins a popular choice for investors and collectors.

1923 Five Cent Grading

Coin grading is used to evaluate the condition of a Canadian 1923 Five Cent coin, which significantly influencing its value. The Sheldon Scale, ranging from 1 (poor) to 70 (mint state), is commonly used to value a George V 1923 Five Cent. Key factors include wear, luster, strike, and overall eye appeal. Higher-grade Canadian 1923 Five Cent coins will show minimal wear and superior qualities and typically command higher prices. Accurate George V 1923 Five Cent grading is crucial for determining fair value, making it essential for both collectors and investors in the numismatic market.

Experienced collectors may have their own opinion of a coins grade.

1923 Five Cent Value

George V 1923 Five Cent coin valuation involves assessing a coins worth based on several factors: rarity, condition, demand, historical significance, and metal content . George V coins that are rarer and in better condition tend to have higher values. Market trends and collector interest also play significant roles in determining a Canadian 1923 Five Cent value.

We use various sources including auction sites to determine the value of Canadian 1923 Five Cent worth.

The values provided here are estimates and should be used as general indicators only.
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