Last updated on May 2nd, 2024 at 03:35 pmIf you were to ask any collector of money, they would likely tell you that they have a preference for collecting either coins or paper money. While both are widespread hobbies, governments around the world, including the Canadian one, prefer to have more coins in circulation than paper money. The reason for that is the fact that the use of coins is more practical and cost-effective compared to the use of paper money. That is precisely the reason behind the Canadian $1 paper note being discontinued in 1989. Here is everything you…
Why Flawed Rare Coins Can Be Valuable
Last updated on May 2nd, 2024 at 03:35 pmWhen 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….
Mint Releases Coin Celebrating Basketball a Canadian Invention
Last updated on May 2nd, 2024 at 03:35 pmThere 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…
Passing Down Your Coin Collection
Last updated on May 2nd, 2024 at 03:35 pmWhen 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 to Spot Fake Silver Coins? Avoid Being Ripped Off
Last updated on May 2nd, 2024 at 03:35 pmThere’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…
Canadian Money: What Happened To The $1,000 Banknote?
Last updated on May 2nd, 2024 at 03:35 pmWhen 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…
Coin Storage Ideas and Helpful Hints
Last updated on May 2nd, 2024 at 03:35 pmCoin collecting is a wonderful pastime for anyone who is fond of these valuable pieces of art and history. Having all of your Canadian coins properly stored and organized is a guaranteed way to keep them in great condition for decades to come. Here are some organization tips and coin storage ideas. Coin Storage Ideas for Cataloguing Your Collection There are two aspects of coin collection organization: storage and cataloguing. Coin collection storage refers to where and how you keep the actual, physical coins. Cataloguing your coins means recording and organizing information about each…
Canadian History Puzzle Coin from the Mint
Last updated on May 2nd, 2024 at 03:35 pmWhen talking about must-haves, this puzzle set from the Royal Canadian Mint is something you shouldn’t miss out on. It looks back on Canada from 1866 to 1916 and paints a picture of the historical events that happened during that period. It is a masterful piece of art that represents all of the memorable elements of young Canada’s Dominion. Any numismatist who is a true patriot and a passionate collector will fall in love with the remarkable design followed by the story it proudly tells. You can pre-order your own by going…
Canada’s 50-cent Pure Gold Coin
Last updated on May 2nd, 2024 at 03:35 pmWant to celebrate your pride and appreciation for Canada? The 50 cent coin is a remarkable masterpiece, representing the famous maple leaf and the National Flag of Canada, with the effigy of Queen Elizabeth II on the obverse. It is a beautiful gold coin that any numismatist should strive to own. It rightly deserves to be displayed in a prominent spot among other coins in the collection. It illustrates the most important symbols of Canada, the ones that have the power to unite Canadians, wherever they might be in the world. The…
14 Silver Coin Set of Canada’s Heraldic Emblems
Last updated on May 2nd, 2024 at 03:35 pmIt is no secret that the Royal Canadian Mint is one of the most advanced and groundbreaking minting institutions on the planet. As such, it has crafted and minted some of the most incredible, rare and interesting coin pieces in existence today. Another thing it is famous for is the fact that it rarely misses the opportunity to celebrate Canadian identity and national spirit. Such is also the case with the 2018 Heraldic Emblems of Canada Fine Silver 14-Coin Set. Keep reading to learn more about this remarkable collection of coins. What…
