Why Flawed Rare Coins Can Be Valuable

When going through the production process, coins can obtain various kinds of damage due to accidents or bad minting equipment. Having a visibly flawed coin doesn’t always mean it’s worth less than the spotless ones. Quite the contrary, rare Canadian coins with some types of errors can be significantly more valuable. It is important to know how to recognize the errors that can be seen most often. Some of the recurring ones include the die crack, which can be noticed in denominations or years, then there are cuds, dots and many more. Read on to get informed about the major…
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Mint Releases Coin Celebrating Basketball a Canadian Invention

There aren’t many people who haven’t heard about the game of basketball, but few are aware of the fact that a man from Canada actually invented it. His name is James Naismith and he was a physical education professor from Almonte, Ontario. The Canadian Royal Mint has created a beautiful pure silver coin to celebrate this sport and its inventor. They came up with the first-ever coloured coin with the shape of a convex to accent the actual rounded shape of a basketball and the dimples on it. The precision and attention to detail is something you’ll notice right away…
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Passing Down Your Coin Collection

When it comes to your valuable coins of Canada, you always want to make sure that it gets passed down to those who can appreciate the collection. Finding these pieces of art takes a lot of time and dedication which is exactly why the person who inherits it should be aware of that. If you wish to gift your collection to your children, it’s always a great idea to have a conversation about it first. Let them know how important all of the coins are to you, how valuable they are, and how much time it took to find them…
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How to Spot Fake Silver Coins? Avoid Being Ripped Off

There’s always a chance to run into fake silver coins while searching for the next addition to your collection. It is important to try not to get involved in that situation in the first place with certain sellers or untrusted dealers. The counterfeits can be recognized by applying several methods that can help detect and uncover their validity. True Canadian silver dollars should pass the test with magnets, the ice test, and visual test. The fake ones will stand out during these checks, and if you read on you can learn more about how to perform them and avoid getting…
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Canadian Money: What Happened To The $1,000 Banknote?

When it comes to Canadian paper money, it is no secret that the Royal Canadian Mint is one of the most technologically advanced and creative minting institutions on the planet. Over the course of its long existence, it has expertly crafted millions of interesting coins and paper banknotes. Many of them are still in circulation today, while an almost equal number survive as belongings of many coin collectors around the world. Certainly one of the more intriguing specimens of paper banknotes is the $1,000 note. Here is everything you need to know about it. The $1,000 Up Close and Personal…
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