Canada · Canadian 50 cent coins

1940 Canadian 50 Cent Coin

The 1940 Canadian 50 Cent is a Canadian 50 cent coin struck for circulation with 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
1940
Circulation mintage
1,996,566
Value band
Metal value
Composition
80% silver, 20% copper

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

Value band: Metal value

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

What is a 1940 Canadian 50 Cent worth?

The 1940 Canadian 50 Cent is a silver coin with 0.3 troy ounces of pure silver, so its floor is its metal value: 0.3 times the day's silver spot price. With 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 1940 Canadian 50 Cent rare?
Not by mintage. 2 million were made, but it is silver, so even worn examples are worth their metal value rather than face value.
How many 1940 Canadian 50 cent coins were made?
1,996,566 were struck for circulation.
What is the 1940 Canadian 50 Cent made of?
80% silver, 20% copper. It weighs 11.66 g and measures 29.72 mm.
Is the 1940 Canadian 50 Cent still legal tender?
Yes. Canadian 50 cent coins are legal tender, but a silver one is worth more for its metal than its face value.
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The 1940 50 cent coin in context

War demand transformed production in 1940, with 1,996,566 50 cent pieces struck, about seven times the 1939 figure. The coin shows George VI with GEORGIVS VI D:G: REX ET IND: IMP: and the coat of arms reverse in 80 percent silver, about 0.30 troy ounces of pure silver. It is a common date that trades for its silver value, with a small premium for sharp uncirculated pieces.

How to recognize it

The 1940 Canadian 50 Cent is round, 29.72 mm across and 80% silver, 20% copper.

1940 Canadian 50 Cent by the numbers

In mintage terms the 1940 Canadian 50 Cent ranks 94th lowest of 125 Canadian 50 cent dates and varieties from 1870 to 2022. The next scarcer is the 1942 Canadian 50 Cent (1.97 million); the next more common is the 1971 Canadian 50 Cent (2.17 million).

For scale, the most common is the 2002 P Golden Jubilee Canadian 50 Cent with 14.4 million, about 7.2 times as many. The scarcest is the 1932 Canadian 50 Cent with 19,213, 104 times fewer than this one.

Compared with the dates around it, the 1940 output was 6.9 times the 1939 figure and 1.2 times the 1941 figure.

Over the 1940s the Mint produced 15.5 million 50 cent coins across 11 dates and varieties; the 1940 Canadian 50 Cent accounts for 13% of that.

What to check on your 1940 Canadian 50 Cent

  • Check the date first: silver Canadian 50 cent coins carry dates from 1870 to 1967; this one has 0.3 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 50 cent coins.
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George VI coat of arms 50 cents (1937 to 1952)

The coins of 1937 gave Canada a new look. The 50 cent piece dropped the maple wreath for the coat of arms of Canada, designed by George Kruger Gray, with the date and 50 CENTS around it. The obverse carries Thomas Humphrey Paget's bare headed portrait of George VI facing left with GEORGIVS VI D:G: REX ET IND: IMP:. The metal stayed at 80 percent silver, 11.66 g, with about 0.30 troy ounces of pure silver.

Mintages were modest before the war, at 192,016 in 1937 and 192,018 in 1938. The Second World War changed that, with nearly two million in 1940 and 3,109,583 in 1943. India's independence in 1947 then forced a new legend, because the king was no longer Emperor of India. The new dies were not ready at the start of 1948, so the mint struck more coins from its 1947 dies and added a small maple leaf after the date. Only 38,433 of those maple leaf 50 cent pieces were made, followed by just 37,784 coins dated 1948 with the new legend GEORGIVS VI DEI GRATIA REX.

The keys of the reign are the 1947 maple leaf and the 1948, both with a collector premium in every grade. The 1937 to 1939 coins are scarcer than the wartime dates and collectors also chase die varieties such as the hoof in the 6 on some 1946 coins. Read the legend against the date: ET IND: IMP: belongs on coins dated 1947 or earlier. George VI died in February 1952, but 1952 coins still show him. Wear shows on the king's hair above the ear and on the crown and lion in the arms.

Mintage chart

Circulating Canadian 50 cent coins by mintage, 1940 Canadian 50 Cent highlightedLog scale · hover or tap a bar · 1870–2022
10K100K1M10M

Specifications

CountryCanada
Denomination50 cents
IssuerRoyal Canadian Mint
Year1940
Circulation mintage1,996,566
Composition80% silver, 20% copper
Weight11.66 g
Diameter29.72 mm
ShapeRound
EdgeReeded
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Mintage figures: 50-cent piece (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.