1968 Canadian 5 Cent Coin Value Guide

The 1968 Canadian nickel is a significant piece for collectors as it represents a subtle metallurgical transition from 100% nickel to a 99.9% nickel composition. Featuring G.E. Kruger Gray's classic beaver design, this coin remains a staple of Canadian numismatic history and national identity.

What affects the value of 1968 Canadian 5 Cent Coin?

• The presence of original mint luster significantly increases the value toward the $2.00 mark.
• Surface condition and the absence of heavy circulation wear on the beaver's fur details.
• The specific nickel purity variety, as the transition from 100% to 99.9% nickel occurred during this production year.
• Overall strike quality and the presence of any rare minting errors or die cracks.

How to Identify 1968 Canadian 5 Cent Coin?

• Verify the reverse side features the iconic beaver perched on a log, designed by G.E. Kruger Gray.
• Check the obverse for the portrait of Queen Elizabeth II as she appeared in 1968.
• Confirm the material is magnetic, as these coins were struck in high-purity nickel rather than silver or copper-nickel alloys.
• Look for the '1968' date positioned at the bottom of the reverse side below the beaver.

History of 1968 Canadian 5 Cent Coin

The Canadian five-cent coin, commonly known as a nickel, has a rich history reflecting Canada's identity. The beaver design, created by G.E. Kruger Gray, was first introduced in 1937 and has remained a beloved symbol. The 1968 nickel is notable as it marks a transition period; earlier in 1968, some five-cent coins were struck in 100% nickel, while later in the year, they transitioned to a composition of 99.9% nickel. This makes specific varieties of the 1968 coin of interest to collectors.