2023 Canadian Dime
The 2023 Canadian Dime is a Canadian dime struck for circulation with 43.2 million made. Value band: face value. Here is how to recognize it, what makes one worth more and what to check on yours.
- Year
- 2023
- Circulation mintage
- 43,205,000
- Value band
- Face value
- Composition
- Nickel-plated steel
Original illustration of the coin's shape and metal. Tap to flip. Not a picture of the actual design.
Face value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 2023 Canadian Dime worth?
With 43.2 million made, the 2023 Canadian Dime is common and worth face value in circulated condition. Only uncirculated coins with full luster, recognized varieties and genuine errors interest collectors.
What would make yours worth more:
- Full uncirculated luster
- A recognized variety or genuine error
- Coins from a specimen or proof set
For market prices, look at recent sold results for the same coin in the same condition, not asking prices.
Quick answers
- Is the 2023 Canadian Dime rare?
- No. 43.2 million were made, so circulated examples are worth face value.
- How many 2023 Canadian dimes were made?
- 43,205,000 were struck for circulation.
- What is the 2023 Canadian Dime made of?
- Nickel-plated steel. It weighs 1.75 g and measures 18.03 mm.
- Is the 2023 Canadian Dime still legal tender?
- Yes. Canadian dimes are legal tender.
The 2023 dime in context
The 2023 dime marks the change from Elizabeth II to Charles III. The queen died on 8 September 2022 after seventy years on the throne and her son became king. The Royal Canadian Mint unveiled his Canadian portrait in November 2023, designed by the Canadian artist Steven Rosati and showing the king without a crown. The first coins with it reached circulation around the end of 2023.
The published mintage for 2023 is 43,205,000, the lowest dime figure since 1997 and only about two fifths of the 103,400,000 struck in 2022. Elizabeth II's portrait had appeared on Canadian dimes since 1953, so 2023 is the first change of monarch on the coin in seventy years. The reverse is the same schooner that Emanuel Hahn designed for George VI in 1937, which means the 2023 dime pairs the newest Canadian portrait with one of the oldest designs still in use. Both portraits remain legal tender and will circulate side by side for decades to come, so keep an eye on your change.
How to recognize it
Steven Rosati's portrait shows Charles III uncrowned, with the legend CHARLES III D·G·REX around it. The reverse is Hahn's schooner with CANADA, 10 CENTS and 2023. The coin is multi-ply plated steel at 1.75 g and 18 mm with a reeded edge and it is attracted to a magnet. Check the portrait first: a dime showing a king is a Charles III coin, while a queen means an Elizabeth II coin. The legend confirms it, with REX for king in place of REGINA for queen. Like other circulation coins of recent decades, it was struck at the mint's Winnipeg facility. The king faces left, the opposite way from the queen.
2023 Canadian Dime by the numbers
By the numbers, the 2023 Canadian Dime ranks 95th lowest of 157 Canadian dime dates and varieties from 1858 to 2024. The next scarcer is the 1997 Canadian Dime (43.1 million); the next more common is the 1960 Canadian Dime (45.4 million).
For scale, the most common is the 2008 Canadian Dime with 467.5 million, about 11 times as many. The scarcest is the 1884 Canadian Dime with 150,000, 288 times fewer than this one.
Compared with the dates around it, the 2023 output was 2.4 times fewer than 2022 and 1.8 times fewer than 2024.
Over the 2020s the Mint produced 478.4 million dimes across 6 dates and varieties; the 2023 Canadian Dime accounts for 9.0% of that.
What to check on your 2023 Canadian Dime
- Try a magnet. Nickel-plated steel is magnetic, so a genuine 2023 coin sticks; a silver one would not.
- Never clean it. Rubbing or polishing leaves fine scratches and an unnatural shine that collectors avoid.
- Look for full luster and no scratches. Modern dimes only interest collectors in uncirculated condition or with a recognized variety.
The 2023 dime is a face value coin in circulated condition, but its low mintage by modern standards and its place as the first Charles III dime make it a good one to set aside. Uncirculated coins from rolls or mint sets carry a small premium. Look for bright, unmarked examples that show the new portrait clearly. A first year Charles III dime is a nice souvenir of the change of reign. Keep it with a 2022 Elizabeth II dime to show the change of reign in two coins. Avoid cleaning modern coins, which only scratches the plating.
Charles III dimes (2023 to 2024)
Elizabeth II died on 8 September 2022 after seventy years on the throne and her son became Charles III. The Royal Canadian Mint unveiled his Canadian portrait in November 2023. It is the work of the Canadian artist Steven Rosati and shows the king without a crown, with the legend CHARLES III D·G·REX. Coins with the new portrait began reaching circulation around the end of 2023. It is the first change of monarch on the dime since 1953.
Physically nothing changed. The dime is still multi-ply plated steel at 1.75 g and 18 mm, with a reeded edge and the mint's logo sits on the obverse. On the reverse, Emanuel Hahn's Bluenose has now served under three monarchs, from George VI to Charles III. Production was modest by recent standards: 43,205,000 dimes dated 2023 and 77,275,000 dated 2024, both well below the hundreds of millions struck in the 2000s.
These are face value coins, but the change of portrait makes them fun to look for. A dime showing a king rather than a queen is a Charles III coin and the REX in the legend confirms it. Elizabeth II dimes remain legal tender and will circulate alongside the new ones for many years. A bright first year coin from a bank roll is a nice thing to put aside as a souvenir of the new reign.
Mintage chart
Specifications
| Country | Canada |
|---|---|
| Denomination | 10 cents |
| Issuer | Royal Canadian Mint |
| Year | 2023 |
| Circulation mintage | 43,205,000 |
| Composition | Nickel-plated steel |
| Weight | 1.75 g |
| Diameter | 18.03 mm |
| Shape | Round |
| Edge | Reeded |
Frequently asked questions
Who designed the portrait of Charles III on the dime?
Steven Rosati, a Canadian artist. His portrait shows the king without a crown, with CHARLES III D·G·REX around it. The Royal Canadian Mint unveiled it in November 2023. It appeared on all circulation coins.
Why was the 2023 dime mintage so low?
The published figure of 43,205,000 is the lowest since 1997. The data gives no reason. The change of monarch came late in the year and recent mintages have generally been lower than in the 2000s.
Mintage figures: Dime (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.