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Canada Commemorative Cobalt Silver Mine  1963
Canada Commemorative Cobalt Silver Mine 1963

Nice coin, Russ. Although it is not really a legal tender coin, but a silver medal struck in honor of Cobalt, Canada. These coins contain 1.4 troy ounces of silver, and most of their value comes from the precious metal content. Use a reliable web site, such as kitco.com to look up the value of silver (it changes every day), then multiply that value by 1.4 to obtain the base value of your coin.

Since Russ's coin is in mint condition, i.e., uncirculated or nearly uncirculated, a collector might be willing to pay a few extra dollars to buy it. Maybe $5 over the silver price. If the collector has an emotional attachment to Cobalt or silver mines, the $5 might go up to $10 to $20. But the basic value is the silver value.

Coin: 7457 , Genre: Colonizers and Colonies
Requested by: Russ, Sun, 24-Apr-2011 12:30:11 GMT
Answered by: Paul, Wed, 30-Oct-2013 16:23:40 GMT
Last review by CoinQuest: Mon, 26-Oct-2015 17:28:16 GMT
Requester description: 1963 Hi: I have in my possession a mint condition .999 (three nines) pure silver 1963 commerative editon coin (60th anninversary of the Cobalt mine -1903-1963). I believe that it weighs in at 1 or 2 oz. I am not sure of its exact weight though. It measures 4 cm diameter x 4 mm thick. It is almost 50 years old. Is it worth anything more than just its weight in silver?
Tags: canada commemorative cobalt silver mine canadaian canadienne candian canadian commemorate commemorating commemerate commemorates commemoration commerative comemorate commemerative commemoratives feinsilber sliver siver argent silber silverish silb mines mining possession mint three pure editon edition th 60 weighs weight 1 2 am measures measure 4 x 50 years year mintmark mintmaster mintmarks pura puro weights weighed weigh yrs key north shovel struck keys nord building house cabin fox tree palm pine oak circle ring rays ray beams battlements structure casa workhouse architectural buildin courthouse barn houses dwelling buildings hut architecture palmetto fronds palms frond circled encircle circlet circles loops circal encircled circuit ringed circumscibed incircled circel circumference encircles encircling rings circling loop circular circumscribed radiating radiates beam radiate radiant

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Sun, 25-Jun-2017 20:51:48 GMT, unknown: 19033170