1914 Canadian Nickel
The 1914 Canadian Nickel is a Canadian nickel struck for circulation with 4.2 million made. Value band: metal value. Here is how to recognize it, what makes one worth more and what to check on yours.
- Year
- 1914
- Circulation mintage
- 4,202,179
- Value band
- Metal value
- Composition
- Sterling silver (92.5% silver)
Original illustration of the coin's shape and metal. Tap to flip. Not a picture of the actual design.
Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.
What is a 1914 Canadian Nickel worth?
The 1914 Canadian Nickel is a silver coin with 0.0345 troy ounces of pure silver, so its floor is its metal value: 0.0345 times the day's silver spot price. With 4.2 million made, worn examples trade for about their silver; collectors pay more for sharp, original coins and much more for uncirculated ones with full luster.
What would make yours worth more:
- Sharp detail with original luster
- A recognized variety for the date
- Professional grading for a key date
For market prices, look at recent sold results for the same coin in the same condition, not asking prices.
Quick answers
- Is the 1914 Canadian Nickel rare?
- Not by mintage. 4.2 million were made, but it is silver, so even worn examples are worth their metal value rather than face value.
- How many 1914 Canadian nickels were made?
- 4,202,179 were struck for circulation.
- What is the 1914 Canadian Nickel made of?
- Sterling silver (92.5% silver). It weighs 1.17 g and measures 15.5 mm.
- Is the 1914 Canadian Nickel still legal tender?
- Yes. Canadian 5-cent coins are legal tender, but a silver one is worth more for its metal than its face value.
The 1914 nickel in context
Output fell to 4,202,179 in 1914, the year the First World War began. The coin is the standard George V issue with the full legend, the maple wreath reverse and sterling silver composition. The mintage is still comfortably high, so the 1914 is not hard to find in worn grades. It sits just before the scarce 1915, which had just over a quarter of its total.
How to recognize it
The 1914 Canadian Nickel is round, 15.5 mm across and sterling silver (92.5% silver).
1914 Canadian Nickel by the numbers
Measured by how many were made, the 1914 Canadian Nickel ranks 54th lowest of 161 Canadian nickel dates and varieties from 1858 to 2024. The next scarcer is the 1935 Canadian Nickel (3.9 million); the next more common is the 1951 Beaver Canadian Nickel (4.31 million).
For scale, the most common is the 2008 Canadian Nickel with 278.5 million, about 66 times as many. The scarcest is the 1884 Canadian Nickel with 200,000, 21 times fewer than this one.
Compared with the dates around it, the 1914 output was 1.3 times fewer than 1913 and 3.6 times the 1915 figure.
Over the 1910s the Mint produced 48.3 million five cent coins across 10 dates and varieties; the 1914 Canadian Nickel accounts for 8.7% of that.
What to check on your 1914 Canadian Nickel
- Check the date first: silver Canadian nickels carry dates from 1858 to 1921; this one has 0.0345 troy oz. Silver coins are not magnetic and ring clearly when dropped on a hard surface.
- Never clean it. Rubbing or polishing leaves fine scratches that collectors spot at once and that cut the value of silver dates sharply.
- Look at the high points of the portrait and the design. Wear there sets the grade. The grade in turn drives the value of older five cent coins.
George V silver five cents (1911 to 1921)
George V's portrait by Sir Bertram Mackennal arrived in 1911 and started with a famous blunder. The legend left out DEI GRA, the phrase meaning by the grace of God, so the 1911 coins were quickly nicknamed Godless. After public complaints the phrase was restored in 1912 and stayed. The reverse kept the maple wreath and crown around 5 CENTS and the date. The coin was still tiny at about 1.17 g and still struck in Ottawa.
War pushed output up. Mintages climbed from just over a million in 1915 to nearly eleven million in 1920. Silver prices also rose sharply after the war, so from 1920 the fineness was cut from .925 to .800. By then the little coin had plenty of critics, since it was easy to drop and lose. In 1922 Canada replaced it with a much larger coin made of nickel. Most of the 1921 silver five cents were still at the mint when the switch came and were melted down, turning an ordinary mintage into one of the great Canadian rarities.
Check the legend first: no DEI GRA means a 1911. The 1915 is the scarce circulation date of the group with a mintage of 1,172,258, while 1917 to 1920 are the easiest to find. Any 1921 deserves careful study, because genuine pieces are very rare and altered dates exist. As with earlier silver, look at the crown and leaf veins for wear and be wary of coins that shine too brightly, which usually means they were cleaned.
Mintage chart
Specifications
| Country | Canada |
|---|---|
| Denomination | 5 cents |
| Issuer | Royal Canadian Mint |
| Year | 1914 |
| Circulation mintage | 4,202,179 |
| Composition | Sterling silver (92.5% silver) |
| Weight | 1.17 g |
| Diameter | 15.5 mm |
| Shape | Round |
| Edge | Reeded |
Mintage figures: Nickel (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.