1964 Canadian Nickel Value Guide

The 1964 Canadian Nickel is a classic example of the long-running beaver reverse design created by G.E. Kruger Gray. This specific year is highly collectible as it represents one of the final eras where the Royal Canadian Mint utilized a high-purity 99.9% nickel composition.

What Is 1964 Canadian Nickel Worth?

The typical price range for 1964 Canadian Nickel is $2 - $2 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

• The presence of original mint luster significantly impacts the $1.50 to $1.65 price range.
• Surface marks, scratches, or heavy wear from circulation will reduce the coin to its base metal value.
• High-grade specimens in 'Uncirculated' or 'Proof-like' condition command the highest premiums.
• The 1964 issue is common, so value is primarily driven by exceptional preservation rather than rarity.

How to Identify 1964 Canadian Nickel?

• Verify the obverse features the young portrait of Queen Elizabeth II facing right.
• Check the reverse for the detailed beaver on a log design with the '1964' date positioned below.
• Confirm the material is magnetic, consistent with its 99.9% nickel content.
• Look for the designer's initials 'KG' located near the beaver's tail.

History of 1964 Canadian Nickel

The beaver has been a staple of the Canadian five-cent piece since 1937, designed by G.E. Kruger Gray. The 1964 issue is notable for being part of the last years that Canadian nickels were minted with 99.9% nickel before the composition began to vary more significantly in later decades.