Home / Canadian Coins / Irish Penny

Canadian 1962 Five Cent Value

Coin Values, images, and specs for the 1962 Five Cent from Canada.

The Canadian 1962 Five Cent coin, made of pure nickel, represents Canadas economic and political climate during a period of uncertainty. Prime Minister John Diefenbaker faced challenges, including a weakening economy and tensions over U.S.-Canada relations. Nickel, a key export, remained vital to industry and trade. The beaver design on the coin, unchanged since 1937, symbolized national strength amid financial instability.

In 1962, Canada’s economy struggled with inflation and unemployment, affecting industries like nickel mining. The Canadian 1962 Five Cent coin, still composed of nickel, reflected the countrys reliance on natural resources. As economic pressures mounted, the coin’s metal emphasized Canada’s ongoing commitment to resource-driven growth.
Obverse of Canadian 1962 Five Cent Value Reverse: Canadian Canadian 1962 Five Cent Value

Canadian 1962 Five Cent Valuations

Very Good Condition
$0.05
Fine Condition
$0.10
Very Fine Condition
$0.15
Extremely Fine Condition
$0.25
About Uncirculated
$0.30
Mint State 60
$0.50
Mint State 63
$2.00
Mint State 64
$10.00
1962 Five Cent Mintage

Elizabeth II 1962 Five Cent coin is a popular coin with 46,307,305 minted. Each year, the Elizabeth II 1962 Five Cent mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Elizabeth II 1962 Five Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1962 Five Cent Worth

The value of 1962 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 1962 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.

1962 Five Cent Coin Composition

The value of a Canadian 1962 Five Cent coin depends on its composition and the current market prices of the metals used. Coins like the Canadian 1962 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 1962 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 1962 Five Cent coin, regardless of its face value.