1960 Canadian 5 Cent Coin Value
The value of a 1960 Canadian 5 cent coin depends on several factors. They include quality, rarity, finish, and supply. The average value of a 1960 Canadian 5 cent coin is $0.12 CAD. The year 1960 is considered the beginning of the Canadian coinage era. Here’s a breakdown of the year 1960 Canadian 5 cent coins. Depending on the quality, condition, and rarity of a 1960 Canadian 5 cent coin, its value can be as low as $0.02 CAD.
Unlike its predecessor, the Canadian five cent coin is no longer worth as much as it once did. Its value is just five cents, which is one-twentieth of a Canadian dollar. It is modeled after the five-cent coin in the United States. In 2013, when the penny was removed from circulation, the five cent coin became the smallest coin in Canada. Designed by G.E. Kruger-Gray, the five cent coin surpassed the penny in value by being one-twentieth of a Canadian dollar.
The 1950 Canadian 5 cent coin, also known as the “king” of Canadian coins, is a rare gem. In pristine condition, a 1960 Canadian 5 cent coin can fetch up to US$425 (including tax and buyers’ premium). The highest grade is PCGS MS-67 and is worth a million dollars. It is also one of the rarest half dollars ever made. If you want to collect a 1960 Canadian 5 cent coin, buy one.
