The Canadian mint made spiffy large silver coins with Olympic themes between 1973 and 1976. These coins do not circulate, but are made especially for collectors. They contain silver, and that makes them valuable. Their value is equal to the amount of silver they contain multiplied by the current value of silver.
Don't be fooled. These coins are worth their weight in silver, nothing more.
Here is a list of silver content for these coins.
- 5 DOLLARS 1973 TO 1976: 0.7226 troy ounces silver
- 10 DOLLARS 1973 TO 1976: 1.445 troy ounces silver
Once you know the silver content, go to a web site such as kitco.com and look up the current price of silver. Multiply the content by the price to compute the value of the coin.
For instance, if you have a 1975 5 dollars, it contains 0.7226 troy ounces of silver. Today's silver price is $20 US dollars per troy ounce (look it up, it changes every day). So the 1975 coin is worth 0.7226 x 20 = $14.45 US dollars.
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