Last updated on May 2nd, 2024 at 03:35 pmAs a result of Canada’s decision to remove the penny from both circulation and production, many are wondering if the nickel is next in line to suffer a similar fate. According to an economic study published by Desjardins, the Canadian 5 Cent coin could very well become extinct. The study cites the main reasons for such a move being the fact that the coin will seem less and less useful because of its low purchasing power, as well as because of what it costs involved for both businesses and consumers. Would This…
5 Cent Canada
Learn More About Canada’s Rarest Coins
Last updated on May 2nd, 2024 at 03:35 pmThroughout its history, the Royal Canadian Mint has produced some of the rarest and most valuable coins in the world. As a result, Canadian coins are some of the best investment-grade collectibles around and are also very fun to collect. There are particularly interesting pieces which hold great value for a number of different reasons and circumstances. Keep reading to learn which three coins are the rarest and most valuable in Canada. What Are 3 of the Most Valuable Coins in Canada? There are different ways in which one can observe the…
