Coin collecting has many benefits. Some coins are collected simply for investment purposes. Historic coins can become worth a lot of money over time. Many coin collectors hunt for the thrill of it. It can be fun to look through pockets of change to find the coins from your birth year or another commemorative era. No matter why you collect coins, it’s always interesting to learn more about the monetary system. Canadian coin rolls are more about the hunt for coins than investing, but you may find that rare treasure when you collect Canadian coin rolls. What Is Canadian Coin…
Canadian Coins
A Walk Through the Sheldon Coin Grading Scale
If you are interested in collecting coins, you likely know that examples can vary substantially in quality. Some look like they have come directly from the mint while others may be severely worn and even damaged. To help standardize the assessment of coin quality, numismatists use the Sheldon Coin Grading Scale. At first glance, this can seem very confusing. However, it is easier to learn than you may think. Standardizing Coin Grading When buying and selling coins, the parties need some way of evaluating the relative value of one coin versus another. While concepts like “good,” “bad,” “pristine” and “worn”…
What To Do When You Inherit A Coin Collection?
If you’ve recently inherited a coin collection, you may be at a loss as to what to do next — particularly if you’re unfamiliar with the world of coin collecting. Should you sell the collection? Should you keep it and wait for it to increase in value? Should you sell part and keep part? Regardless of your ultimate decision, there are a few initial steps you should take. First, make sure to handle and store the collection in a way that maximizes its value. Second, sort and separate the collection as you create an inventory of its contents. Third, consult…
How to Properly Store Your Silver Coins to Avoid Aging
Coin collecting is an exciting hobby and also can be an investment that people enjoy throughout Canada and around the world. It’s easy to see why: collecting coins is exciting, challenging, and maybe even a little addictive. Plus, your coin collection can be a valuable asset that has the potential to deliver big returns on your investment. Of course, to maintain the beauty and value of your collection, it’s important to handle and store your coins properly. The term “mint condition” originated with coin collectors, and a coin’s condition is especially important to valuing the pieces in your collection. Silver…
Looking at the Appeal of Coin Mintage
While most people interested in coin collecting understand the definition and value of mintage, those just getting their feet wet may be unfamiliar with the industry’s terms and jargon. A coin’s mintage can make or break its value, and this value may determine whether the collector will want it — and possibly how many collectors may be competing to acquire it. Let’s take a closer look at mintage to understand why coin collectors are so interested in this numerical aspect of the collection process. What Is Mintage? Mintage, simply put, refers to the number of coins produced. We all understand…
Coin History: First Five-Cent Nickel Coin Struck in Canada
The Canadian nickel has a long and exciting history. Though the country has had a five-cent denomination since 1858, it hasn’t always been made out of pure nickel. While our circulation coins are now made in Canada, they were produced in England for much of this country’s history. Early History of the Five-Cent Coin Canada is currently divided up into ten provinces and three territories, but in the mid 19th century, the entire country was a colonial province of Britain. In 1858, England’s Royal Mint rolled out new coins explicitly designed for the Province of Canada. The five-cent piece was…
4 Basic Items That Every Coin Collector Needs
Whether you’re just getting started in the world of coin collecting or you’ve amassed several binders’ worth of pieces, it is important to preserve your collection and keep the pieces safe and together. Colonial Acres offers a venue for purchasing your desired coins and the associated basic coin supplies that every collector needs. 1. Coin Tubes and Albums Coin tubes provide you with a way to store your Canadian coins in a secure space while also providing them with protection. If you’re not a collector who wants to display his or her collection, storing your coins in tubes may be…
Why Collecting Small Cents Is A Good Idea?
Coin collectors have many options for putting together a collection of coins. Some collectors search for coins from a specific era, such as the reign of King George VI from 1937 to 1952. Other collectors want specific denominations, such as Canadian quarters. Many collectors choose larger denominations, not only as a hobby but hoping that they find that rare coin that may bring them a large cash return. Pennies are no longer minted in Canada, but they are still legal tender. In general, pennies aren’t worth much. However, they do offer some great opportunities for collecting. Pennies Have History Although…
Has Coin Collecting Changed in 2020
COVID-19 has changed the world and the way people go through their daily lives. The impact of the pandemic has also made its presence in the hobby world and coin collecting. Coin collectors have had to adapt to the new normal and change the way they enjoy their hobby. Despite the challenges of the global health crisis, coin collectors still can find new, rare and valuable Canadian coins and other treasures online. Unprecedented Coin Shortages One of the first signs that things were very different during the pandemic in the coin world was the unprecedented shortages of coins across the…
Beat The Winter Blues by Starting A Coin Collection
As temperatures and available sunlight drop, it’s easy to find yourself dealing with the winter doldrums. Even if you’re not dealing with an officially diagnosed case of Seasonal Affective Disorder, the winter blues can make it difficult to get out of bed and carry on your daily routine. Luckily, for those dealing with these feelings, there are some tried and true methods to help regain your energy and keep you rocking and rolling until warm weather and sunshine arrive once again. Common Ways To Beat The Winter Blues If you’re struggling with feeling down during the winter months, make sure to try…
