1949 Canadian $1 Newfoundland Commemorative Silver Dollar Coin (VF - EF) One Dollar Silver - George VI (1937 - 1952) On December 31, 1949 Newfoundland became a province of the Dominion of Canada. To determine the intrinsic (silver melt) value of a 1939 Canadian dollar multiply .6 times the current spot price of silver. Example: .6 x $22.00 = $13.20. 1949 Newfoundland Commemorative Canadian Dollar. This 1949 commemorative silver dollar features the image of George VI (without crown) on the obverse.