Canada · Canadian dimes

1958 Canadian Dime

The 1958 Canadian Dime is a Canadian dime struck for circulation with 10.6 million made. Value band: metal value. Here is how to recognize it, what makes one worth more and what to check on yours.

Year
1958
Circulation mintage
10,621,236
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 1958 Canadian Dime worth?

The 1958 Canadian Dime is a silver coin with 0.0599 troy ounces of pure silver, so its floor is its metal value: 0.0599 times the day's silver spot price. With 10.6 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 1958 Canadian Dime rare?
Not by mintage. 10.6 million were made, but it is silver, so even worn examples are worth their metal value rather than face value.
How many 1958 Canadian dimes were made?
10,621,236 were struck for circulation.
What is the 1958 Canadian Dime made of?
80% silver, 20% copper. It weighs 2.33 g and measures 18.03 mm.
Is the 1958 Canadian Dime still legal tender?
Yes. Canadian dimes are legal tender, but a silver one is worth more for its metal than its face value.
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The 1958 dime in context

Production dipped to 10,621,236 in 1958, the lowest since 1954. The coin is 80 percent silver with Mary Gillick's laureate portrait and the schooner. It is still a common date and is usually valued for its silver, but it is one of the less plentiful Gillick dimes in uncirculated condition.

How to recognize it

The 1958 Canadian Dime is round, 18.03 mm across and 80% silver, 20% copper.

1958 Canadian Dime by the numbers

In mintage terms the 1958 Canadian Dime ranks 74th lowest of 157 Canadian dime dates and varieties from 1858 to 2024. The next scarcer is the 1952 Canadian Dime (10.5 million); the next more common is the 1945 Canadian Dime (11 million).

For scale, the most common is the 2008 Canadian Dime with 467.5 million, about 44 times as many. The scarcest is the 1884 Canadian Dime with 150,000, 71 times fewer than this one.

Compared with the dates around it, the 1958 output was 1.5 times fewer than 1957 and 1.9 times fewer than 1959.

Over the 1950s the Mint produced 141 million dimes across 10 dates and varieties; the 1958 Canadian Dime accounts for 7.5% of that.

What to check on your 1958 Canadian Dime

  • Check the date first: silver Canadian dimes carry dates from 1858 to 1968; this one has 0.0599 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 dimes.
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Elizabeth II laureate silver dimes (1953 to 1964)

Elizabeth II became queen in February 1952 and her first Canadian dimes are dated 1953. Mary Gillick's portrait shows the young queen with a laurel wreath in her hair and no crown, facing right, with ELIZABETH II DEI GRATIA REGINA around it. The relief of the first dies was too high and the shoulder struck up poorly, so during 1953 the relief was lowered and the detail strengthened. The revised version shows a fold or strap line across the queen's shoulder, which gives the 1953 dime its two varieties: no shoulder fold and shoulder fold.

Hahn's Bluenose stayed on the reverse. The dime was still 80 percent silver at about 2.33 g and 18 mm, about 0.06 troy oz of silver. Apart from a dip to 4,493,150 in 1954, mintages grew steadily through the 1950s and then exploded in the early 1960s, reaching 49,518,549 in 1964. Canada's population and economy were booming and toward the end of the period rising silver prices encouraged people to put silver coins aside.

These are the most common Canadian silver dimes and turn up regularly in old coin jars. The 1954 is the lowest mintage of the run and is the date most collectors try to find in uncirculated condition. On 1953 dimes check the shoulder for the fold line. Gillick's portrait wears quickly at the hair and the laurel leaves, so look there first. Almost every date trades at its silver value when worn.

Mintage chart

Circulating Canadian dimes by mintage, 1958 Canadian Dime highlightedLog scale · hover or tap a bar · 1858–2024
100K1M10M100M

Specifications

CountryCanada
Denomination10 cents
IssuerRoyal Canadian Mint
Year1958
Circulation mintage10,621,236
Composition80% silver, 20% copper
Weight2.33 g
Diameter18.03 mm
ShapeRound
EdgeReeded
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Mintage figures: Dime (Canadian coin) (Wikipedia, CC BY-SA 4.0), compiled from Royal Canadian Mint figures. How we build these pages.