1 dollar 1948
Because the King was no longer Emperor of India, the inscription on the coins had to be changed. Master dies and working punches for the 1948 pieces were not at hand until late in the year. ET. IND: IMP. was dropped from the inscription due to India being granted independence. No dollars of this year were requested by Calgary, Halifax, St. John and Regina.
1 dollar 1948 prices and values
The value of a Canadian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. The melt and minimum value of a 1 dollar 1948 is $48.38 CAD.
- Circulated
- Mint state
- Not for circulation
| Variety | AG-3 | G-4 | VG-8 | F-12 | VF-20 | EF-40 | AU-50 |
|---|---|---|---|---|---|---|---|
| 1948 | - | - | $588 | $1,030 | $1,520 | $1,770 | $1,970 |
Circulated: 1 dollar 1948 coins are business strike coins showing signs of circulation and/or wear.
Values and details of proof-like, specimen and proof coins are grouped under not intended for circulation tab. Select a date or variety to find the values and prices of all grades available.
| Variety | MS-60 | MS-62 | MS-63 | MS-64 | MS-65 | MS-66 | MS-67 |
|---|---|---|---|---|---|---|---|
| 1948 | $2,410 | $2,930 | $4,020 | $6,700 | $16,200 | $61,700 | - |
Mint state defines business strike coins that barely or never has been in circulation.
Values and details of proof-like, specimen and proof coins are grouped under not intended for circulation tab. Select a date or variety to find the values and prices of all grades available.
Varieties and features
1 dollar 1948
- Mintage:
- Circulation: 18,780
- Alloy and composition: 80% silver, 20% copper
- Magnetism: Non-magnetic
- Weight: 23.33 g
- Melt value: $48.3849794 (Last update : December 7, 2025 )
- Fineness: 0.8
- Actual precious weight: 18.664 g
- Diameter: 36 mm
- Edge: Reeded
- Axis (orientation): ↑↑ (medal alignment)
- Minted by: Royal Canadian Mint
- Finish(es) (types):
- Circulation
- Specimen
- Legend (lettering):
- Obverse: GEORGIVS VI D : G : REX ET IND : IMP :
- Reverse: CANADA 1948 DOLLAR
- Design(s):
- Obverse: Bust of king George VI.
- Reverse: A voyageur and a First Nations man paddling a canoe.
- Designer(s):
- Obverse: Thomas Humphrey Paget
- Reverse: Emanuel Hahn
Auctions prices and values
1 dollar 1948
On June 27, 2009, at Torex Auction, a 1-dollar 1948 certified ICCS MS-66 sold for $67,850 CAD. On January 21, 2012, another 1-dollar 1948 certified ICCS MS-66 sold for $61,000 CAD during a Royal Canadian Numismatic Association auction by The Canadian Numismatic Company.
On April 30, 2002, another 1-dollar 1948 certified PCGS MS-66 sold for $58,800 CAD during a Geoffrey Bell auction. It was described as:
...PCGS rankings tied with two others (03/20). Very rare in this superior quality!
Renowned collections
Recent sales of coins from famous collections and identified on third party holders are listed below.
- August 15, 2019 - Cook - $2,875 - PCGS (MS-63)
- August 15, 2019 - Cook - $7,986 - PCGS (SP-65)
View the average prices of certified 1 dollar 1948 sold at auctions »
Last update : Thursday, August 21, 2025
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