How much is 1956 50 cent silver Canadian coin worth?

Answer 1

This coin has a silver value of about $10 being 80% pure. 1956 was a low mintage year with less than 140,000 of these coins minted. There are many of these coins on the market and the price appears to be depressed due to lack of attention to the rarity. It is the lowest mintage since the rare 1948 coin and lower than any other such coin since the 1930s and earlier when there were lower mintages. An average price for this coin in above average condition is about $20. It should appreciate in value as silver prices continue to rise and the rarity of the coin is also noticed by more people.