Canada · Canadian nickels

1950 Canadian Nickel

The 1950 Canadian Nickel is a Canadian nickel struck for circulation with 12 million made. Value band: face value. Here is how to recognize it, what makes one worth more and what to check on yours.

Year
1950
Circulation mintage
11,950,520
Value band
Face value
Composition
Nickel (99.9%)

Original illustration of the coin's shape and metal. Tap to flip. Not a picture of the actual design.

Value band: Face value

Face value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is a 1950 Canadian Nickel worth?

With 12 million made, the 1950 Canadian Nickel 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:

  • 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 1950 Canadian Nickel rare?
No. 12 million were made, so circulated examples are worth face value.
How many 1950 Canadian nickels were made?
11,950,520 were struck for circulation.
What is the 1950 Canadian Nickel made of?
Nickel (99.9%). It weighs 4.54 g and measures 21.2 mm, with a 12-sided shape.
Is the 1950 Canadian Nickel still legal tender?
Yes. Canadian 5-cent coins are legal tender.
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The 1950 nickel in context

The mint struck 11,950,520 nickels dated 1950, the last pure nickel beavers before the Korean War pushed the regular coin into plated steel. The coin is 12-sided and shows George VI with the shorter legend. It is a common date and well preserved examples with crisp corners are the ones to keep.

How to recognize it

The 1950 Canadian Nickel is 12-sided, 21.2 mm across and nickel (99.9%).

1950 Canadian Nickel by the numbers

Measured by how many were made, the 1950 Canadian Nickel ranks 88th lowest of 161 Canadian nickel dates and varieties from 1858 to 2024. The next scarcer is the 1959 Canadian Nickel (11.6 million); the next more common is the 1949 Canadian Nickel (13.7 million).

For scale, the most common is the 2008 Canadian Nickel with 278.5 million, about 23 times as many. The scarcest is the 1884 Canadian Nickel with 200,000, 60 times fewer than this one.

Compared with the dates around it, the 1950 output was 1.1 times fewer than 1949 and 2.8 times the 1951 figure.

Over the 1950s the Mint produced 101.1 million five cent coins across 11 dates and varieties; the 1950 Canadian Nickel accounts for 12% of that.

What to check on your 1950 Canadian Nickel

  • Try a magnet. Nickel (99.9%) is magnetic, so a genuine 1950 coin sticks; a silver one would not.
  • Never clean it. Rubbing or polishing leaves fine scratches and an unnatural shine that collectors avoid.
  • 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.
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Postwar George VI nickels (1946 to 1952)

With the war over the beaver returned and so did nickel. From 1946 the coin was struck in pure nickel again but kept the 12-sided shape introduced during the war. Indian independence in 1947 meant George VI was no longer Emperor of India, so the IND IMP in the legend had to go. New dies were not ready in time, so the mint struck 1947 dated coins with a tiny maple leaf after the date during 1948 as a stopgap. From 1948 onward the legend reads simply that George VI is king by the grace of God.

1951 brought Canada's first commemorative five cents. Stephen Trenka designed a nickel refinery to mark 200 years since the Swedish chemist Axel Fredrik Cronstedt first isolated the metal in 1751. That piece was struck in pure nickel, but the Korean War soon put nickel back on the strategic list. The regular beaver coins of 1951 and 1952 were struck on plated steel, a change that lasted until 1954.

The 1948 is the scarce date of this group at 1,810,789. The 1947 maple leaf coin is popular and easy to spot once you look for the leaf after the date. The 1951 refinery design stands out at a glance and is common. For the steel coins check for rust spots and peeling plating. On all of them the beaver's back and the water lines show wear first, while the edges of a 12-sided coin should be crisp.

Mintage chart

Circulating Canadian nickels by mintage, 1950 Canadian Nickel highlightedLog scale · hover or tap a bar · 1858–2024
100K1M10M100M

Specifications

CountryCanada
Denomination5 cents
IssuerRoyal Canadian Mint
Year1950
Circulation mintage11,950,520
CompositionNickel (99.9%)
Weight4.54 g
Diameter21.2 mm
Shape12-sided
EdgePlain
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Mintage figures: Nickel (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.