There is so much to learn about precious metals. The purity of coins alone is something confusing to some.
Let us take silver coins of Canada for instance. It is 92.5%, 80%, and 50%.
Old Canadian coins dated 1870-1919 have 92.5% silver content.
The 1920-1955 dated coins have 80% silver content. Each dollar face value from 1920 - 1955 contains 0.6 oz of pure silver and most coins in this range sell for silver value only.
Then 1967 dollars and half-dollars coins are 80% silver, while the quarters and dimes... it's tricky because half are 80% silver and half are 50% silver.
In1968, Canadian dollars and half dollars are no silver. However the quarters and dimes are half 50% silver and the other half has no silver content.
Circulated coins from 1968 & later years does not contain any silver content except for common commemorative coins which may contain 50% silver, and some from recent years contain 92.5% silver.
Since 1988, Silver Maple Leaf $5 bullion coins contain 1oz of pure silver. And you know the rest: Canada now produces all sort of denominations with varying purity of silver.
Coins from Mexico it is a totally different ballgame! They have 10, 30, 42, 50, 72, 80, and 90% silver!
That's is one reason why I stick with US Constitutional silver coins, aside from the fact that I am an American stacker.
It's simple!
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@silversaver888
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