Cheapest Silver in Canada — 1 oz Coins, Rounds and Bars

Paying by

Only what ships free on its own

Spot basis CAD $72.41/oz

Price (CAD) ▲	Product	Over spot	Seller	Details

Rows are sorted by cost per troy ounce by default. conv. = a price set in USD, converted here · as-low-as = the dealer's best bulk tier, so one piece costs more · unverified = a field I could not confirm (purity, shipping, brand) · collectible = priced above metal value. One troy ounce = 31.1035 g. Stock is not tracked: dealers sell out.

The three cheapest, and what they actually cost

Per ounce overall: Canada Gold Recognized 100 oz bar — $74.07/oz (+2.3%), which is $7,407 for one bar. It needs that full outlay; four or more drop to $7,400. In-store availability varies by city.
Single 1 oz piece: Canada Gold Recognized 1 oz round — $74.44 (+2.8%). This is the cheapest verified single ounce on the list. It is a generic round, so it resells a little less easily than a Maple Leaf.
1 oz government coin: Canada Gold Standard Silver Maple Leaf — $76.76 (+6.0%). The most liquid and easiest to sell, at .9999 fine.

I found no verified true at-spot offers in this pass. Canada Gold's "margins up to 50% lower" is a marketing claim; Sprott's "Special Price" items still land roughly 9–11% over spot; and Delta Harbour's 2% code is a newsletter sign-up, not an at-spot deal. Anything meaningfully below the ~$74/oz floor here — especially on Kijiji or Facebook Marketplace — should be treated as too good to be true: counterfeits, stolen goods, or a bait and switch.

Tax in Canada — this is the part people get wrong

Silver that is .999 fine or better, in bar, coin or wafer form, is generally zero-rated (no GST/HST) across Canada. That covers Maple Leafs (.9999), recognized bars and most .999 rounds, so no tax is added to any row on this page.
Lower-purity silver is usually taxable. Pre-1968 Canadian coins (80% silver from 1920 to 1966, 50% in 1967–68), US 90% "junk" and sterling (.925) generally attract GST/HST at your province's rate, so a cheap junk lot can lose its whole advantage once tax is added.
Capital gains tax applies to the profit when you sell. Held outside a registered account, half of the gain is taxed at your marginal rate.
Confirm the purity and your province's treatment with the dealer. This is not tax advice.

Melt reference at the Kitco CAD bid used here: .999 ≈ $72.34/oz · .900 = $65.17 · .925 = $66.98 · .800 = $57.93.

Junk silver and pre-1968 Canadian coins

No verified single-unit prices in this pass. CanAm lists a "90% / 80% / 50% silver coins" category but publishes no per-piece price, and Canadian dealers generally price junk by melt value plus a negotiated discount, sold by the roll or the bag. Treat this as call-a-dealer territory: local coin shops and estate buyers are usually the best source, cash often beats card, and remember the tax rules above.

FAQ

What is this site?

A list of the cheapest physical silver I could verify in Canada — coins, rounds, bars, kilos, tubes and monster boxes — sorted by cost per troy ounce. It is independent, and inspired by dirtcheapsilver.com but not affiliated with it.

Why does the price say "for one"?

Because most sites show an "as low as" number, which is what you would pay if you bought five hundred of something. Here, the number is what one piece costs wherever the dealer publishes it. Where a dealer publishes only a bulk tier, the row is tagged as-low-as and the real single-unit price is higher.

Is this live?

No. It is a snapshot from Oct 29, 2026 (evening ET). Nothing here polls dealers every 30 minutes, because that needs a server and ongoing maintenance. The page says what it is instead of pretending to be live.

How does the dark mode work?

Use the Theme switch at the top right. On your first visit it follows your system setting, and once you choose it remembers your choice by saving it in your browser's localStorage. Nothing is sent anywhere.

Coin vs round — what is the difference?

A coin is struck by a government mint and is legal tender; the Silver Maple Leaf carries $5 CAD of face value. A round looks like a coin but comes from a private mint, has no face value, and usually costs less over spot. The silver is the same.

Why do Maple Leafs cost more than rounds?

You are paying for a government guarantee, .9999 purity and much easier resale. If you are only stacking ounces, a recognized round or a large bar beats a coin on price per ounce. If you think you may sell one at a time, the coin's liquidity is worth the few extra dollars.

Do the prices include shipping?

No. Most dealers charge shipping or set a free-shipping minimum. Where a minimum is published, tick "Only what ships free on its own" to keep just the rows that clear it (Delta Harbour $999, Bullion Mart $1,000). A single 1 oz coin never clears those; a 100 oz bar does. Where no threshold is published, the row is tagged unverified. On a small order, a local shop with no shipping often wins.

What does the Card toggle do?

It switches to the card price the dealer actually publishes. Only Kitco and CanAm publish both figures, so under Card most dealers keep showing their check/wire price and are tagged card price not published. Never assume paying by card costs the same.

What is missing from the list?

Any price I could not confirm. Silver Gold Bull and Border Gold blocked my requests, TD and Canadian PMX only give prices at a branch or in checkout, and Global Bullion Suppliers and Gold Stock Canada publish no single-unit prices. Those dealers are still in the seller list; they are just not padded into the table. Stock is not tracked either, and dealers sell out.

Should I buy from peer-to-peer listings?

It is the highest-risk category: counterfeits, stolen goods, cash only and no recourse. If you do, meet at a dealer or a bank, check the weight and dimensions with your own scale, and use a magnet. If the price is below the ~$74/oz floor shown here, walk away.

How do I report an error?

Prices go stale quickly, so if a row is wrong or a dealer has changed, tell me and I will fix it on the next data pass. Nothing on this list is paid placement; rank comes from price alone.

Sellers on this list

Online — prices verified this pass

Established, but no public single-unit price this pass

Local shops — call for a quote

I do not invent walk-in prices. Listed below are the name, city and published contact details only — call and ask for their spot plus premium, and whether cash is cheaper than card.

Method, privacy and limitations

Method

Only publicly visible prices from official dealer pages. Every row cites its source URL and the time I checked it; click the product name to open it.
Premiums are calculated against a single spot reference: the Kitco CAD bid of $72.41/oz (Oct 29, 2026 at 8:06 pm EDT). Implied USD/CAD is about 1.418, from Kitco's paired USD bid of $51.08. Cross-checks: GoldBroker $73.28 CAD against $52.45 USD, and SpotPrice.ca $52.82 USD. Silver fell roughly 2–3% during the day, so quotes taken at different times disagree slightly.
Entries I could not verify are left out or tagged, never estimated or guessed.
Rank comes from price alone. No dealer pays for placement, and there are no ads or affiliate links.

Privacy

This is a static page. It sets no cookies, collects no personal data and sends nothing to a server. Your Theme choice is saved in your own browser's localStorage so the site remembers it, and that value never leaves your device. If analytics or a donation widget is added later it will be privacy-friendly and disclosed here.

Limitations

This is a snapshot. Prices move with spot and the exchange rate within minutes.
Shipping, stock and card surcharges are shown only where a dealer publishes them.
Local shop pricing can beat online once shipping is counted, especially on small orders.
This site is not affiliated with, endorsed by, or connected to dirtcheapsilver.com. "Canadian Silver Prices" is this site's own name.
This is not financial, investment or tax advice. Verify everything yourself before buying.

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With no ads and no affiliate links, the hosting and the data passes come out of my own pocket. If this saved you money on a purchase, a coffee helps keep it running.

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