1968 Canadian Dime Value Guide

1961 Elizabeth II Silver Dime 10 Cent Coin Canada #188 | eBay
1968 Canadian Dime
Estimated Value
$2 – $15
Period
1968
Origin
Canada
Materials
Silver alloy

The 1968 Canadian Dime is a pivotal numismatic piece marking the transition from silver to nickel coinage in Canada. Collectors prize this year specifically because the Royal Canadian Mint produced identical-looking designs in both 50% silver and pure nickel compositions.

What Is 1968 Canadian Dime Worth?

The typical price range for 1968 Canadian Dime is $2 - $15 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The metal composition is the primary factor, with 50% silver versions carrying higher intrinsic bullion value.
  • The presence of original mint luster and lack of circulation wear significantly increases the price toward the $15 range.
  • Overall strike clarity on the Bluenose schooner's sails and the fine details of Queen Elizabeth II's portrait.
  • Market fluctuations in the spot price of silver directly impact the baseline value of the 50% silver issues.

How to Identify 1968 Canadian Dime?

  • Use a magnet to test the coin; silver versions are non-magnetic while nickel versions will stick firmly.
  • Examine the edge of the coin for a solid silver color versus the distinct layered or duller appearance of nickel.
  • Check the weight using a precision scale, as silver dimes weigh approximately 2.33 grams compared to the 2.07 grams of the nickel variety.
  • Inspect the strike quality, as silver planchets often exhibit different luster characteristics than the later nickel strikes.

History of 1968 Canadian Dime

Canadian dimes from 1968 are notable in numismatics because they were minted with two different compositions: some with 50% silver and others with pure nickel, due to rising silver prices. This makes identifying the specific composition of a 1968 dime an interesting part of its appraisal.

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