Canada’s 50 Cent: A Forgotten Coin

Among coinage that has a long and storied history in Canada, a particularly interesting one is the 50 cent coin. While seemingly strange, this important denomination was actually the highest value coin when it was first introduced by the Dominion of Canada in 1870. The piece represented a significant sum at the time, especially considering that most workers at that time likely earned between $5 and $15 a week. Today’s Canadian 50 cent coin value is highest among collectors, especially since it is no longer minted for circulation. It existed in 5 separate series: 1870-1901 1902-1910 1911-1936 1937-1952 1953-present 1870-1901…
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Government Phases Out Paper Money Program

The Bank of Canada plans to push older currency out of circulation for good. This means that $1, $2, $25, $500 and $1,000 notes will no longer be used for paying debts, or in other words, for commercial transactions. These notes of Canadian paper money will no longer be legal tender for a number of  reasons. It will help the Bank of Canada ensure that the bank notes that remain in circulation and are subsequently used by Canadians are: Difficult to counterfeit Easy to use In good condition Current What is the Main Reason Behind the Paper Money Phase Out?…
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Colonial Acres: Answering Your Counterfeit Money Queries

Expert coin and currency collectors usually have no problem spotting fake pieces, but it seems that modern Chinese counterfeiters have set their sights on producing fake Canadian pre-Confederation tokens. A so-called 1852 Quebec Bank one-penny token and an 1843 Nova Scotia half penny were recently listed on eBay. The online marketplace has since pulled the listings down, but that still poses the question of how to recognize fake bills or coin pieces if you’re inexperienced and how to protect yourself from buying or accepting fake ones. (Visit Colonial Acres Coins for additional advice). A Worldwide Problem Counterfeit currency is an…
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What To Do With Inherited Coins? Part 2

You inherited some coins and would now like to sell them. When you have coins for sale, you can be taken advantage of if you have no prior experience with the procedures. Unfortunately, there are people in the coin collecting business that will may try to take advantage of you. We’ve already covered some selling tips in Part 1 of this two-part series, so here are some more to keep in mind when selling the coins you’ve inherited safely and for top dollar: Identification Catalogue & inventory Properly understanding your collection’s value Easy & cheap don’t go hand-in-hand when it…
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Coin Roll Hunting For Canadian Nickels 101

If you’re the proud owner of a box of nickels, coin roll hunting can turn out to be both a fun and lucrative activity. There are certain coins you’d be wise to keep based on their numismatic and metal value, because coin rolls containing Canadian nickels before a certain date are more valuable than their American counterparts due to a higher amount of nickel. Here are coins to be on the lookout for: Coins minted before 1982 Nickels that are 12-sided Nickels minted between 1951 and 1954 Nickels minted between 1922 and 1942 Coins Minted Before 1982 These are the…
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