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To celebrate the 25th year of the reign of King George V, the Royal Canadian Mint produced the 1935 Silver Jubilee Commemorative dollar. This coin is historic in two ways: 1) it is Canada's first silver dollar minted for circulation; and 2) it is the first commemorative coin minted by the Dominion of Canada. A total of 428,707 Silver Jubilee dollars were minted which includes an unrecorded number of higher quality Specimen Strikes.
The image of King George V appeared
on this and just one more of Canada's silver dollars - the 1936
regular issue (total mintage 306,100). With the death of King
George V in January of 1936, Edward VIII ascended to the throne.
With his abdication in December of 1936, George VI became king.
His image appeared on Canada's dollar and other silver coins
beginning in 1937.
The 1935 Canada silver dollar features the image of George V wearing the Imperial State Crown and coronation robe on the obverse. Around the rim appear the Latin words GEORGIVS V REX IMPERATOR ANNO REGNI XXV which translates to "George V King Emperor 25th Year of Reign". Click on either image for a larger view.
The reverse of this coin is known as the Voyageur Reverse. It features the figures of a voyageur (French word for traveler) and Native American paddling their canoe past a treed island with the northern lights in the background. The Voyageur Reverse was used on Canadian silver dollars minted from 1935 through 1966 except for the commemorative dollars minted in 1939, 1949, 1958 and 1964.
Canadian dollars minted from 1935
through 1967 are 80% silver and 20% copper. Silver content is
.600 troy ounces although a well worn coin will contain less. To determine the intrinsic (silver
melt) value of a 1935-1967 Canadian dollar multiply .6
times the current spot price of silver.
Example: .6 x $22.00 = $13.20
1935 Silver Jubilee dollars are not that rare and in the lower grades of Fine (F) and Very Fine (VF) are not worth much more than their intrinsic value plus a small premium. Those most valuable will be in the upper uncirculated grades of Mint State 65 (MS-65) and higher. Specimen Strikes of this dollar, if kept in their original condition, are quite valuable with an SP-65 graded coin worth approximately 100 times its intrinsic value.