This is Why you Should be Collecting Canadian Coins
This is Why you Should be Collecting Canadian Coins
These coins are denominated in lower denomination like cents and dollar, highest denomination being .
Canadian dollars are available in cent and dollar. Canadian currency is classified as Nickel, Penny, Dime, Quarter, 50 cent and dollar.
Canadian Government withdrew and bills in 1987 and 1996 ,increasing the circulation of these coins. The Canadian Government was also keen to withdraw 1 cent coins from circulation, in 2007 but no steps were taken in that direction. There were rumors of 5$ bills too to be removed from circulation and increasing the circulation of coins ,but no serious action was taken in that too.
Canadian coins are produced at the Royal Canadian Mint The wordings on the coins are printed in English as well as French ,both being the official languages of Canada.Elizabeth II ,by the grace of God ,Queen is printed on the coin in French the words are printed as Dei Gratia. The obverse side of all Canadian coins bear the picture of the Canadian Monarch.
The metal used to produce Canadian coins was bronze for 1 cent ,Silver for coins denomination above 5 cents .Gold coins were used only a Souvenirs. Around 1968 Silver as well as Bronze was replaced by Nickel.
In 1997 1 cent coins were reduced in size and copper plated. In 2000 all coins were changed to steel with copper as well as nickel plating .50 cent coins re rare I Canada circulation, though a unsuccessful attempt of increasing the circulation was made in 2002 as a special tribute to Queen Elizabeth II.
Royal Canadian Mint is known to produce many special edition coins ,these coins have known to be very popular with the coin collectors .In 2004 the Royal Canadian Mint produced a 350$ Canadian coin ,the highest denomination coin ever produced ,this coin was specially produced for the collectors market.
21ST Feb 2007 a 100 kg large coin was announced to be produced by the mint with a face value of million ,made out of pure gold this coin is expected to sell at the highest price in the collectors market approximately 2.25$Million.
Bank of Canada ,Canadian Bank Note company ,Canadian Numismatic Association Canadian Paper Money Society Bank of Canada Currency Museum Royal Canadian Mint are the ones responsible in producing maintaining circulation and withdrawing of coins and currencies from the market.
Canadian coins are more Medallic like the British or Euro coins ,and very different from US coins .
Canadian Coins - collect some!
2010 North American Coins & Prices: A Guide to U.S., Canadian and Mexican Coins (North American Coins and Prices)
‘This unique book provides you with collector values are given for coins from the U.S., Canada and Mexico listed in up to 11 grades of condition, reflecting both collector market demand and sky-high precious metals prices. New chapters have been added to examine the four exciting new 2009 cents and six exciting new 2009 quarters of the United States. You’ll get advice about buying, grading, organizing and storing coins as well. More than 3,000 photos including obverse and reverse aid in coin
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Review by Midwest Book Review for 2010 North American Coins & Prices: A Guide to U.S., Canadian and Mexican Coins (North American Coins and Prices)
Rating:
2010 NORTH AMERICAN COINS & PRICES: A GUIDE TO U.S., CANADIAN AND MEXICAN COINS, 19TH EDITION provides newly updated prices and new coin issues for over 45,000 individual coins from early Colonial issues to modern times. Coins are listed in 11 grades and new chapters have been added for the new 2009 cents and six new 2009 quarters of the U.S. Over 3,000 black and white photos pack this primer.
Review by Frank Hattersley for 2010 North American Coins & Prices: A Guide to U.S., Canadian and Mexican Coins (North American Coins and Prices)
Rating:
Fairly decent listing of Canadian, US & Mexican coins. Mexican coin section is deficient in covering revolutionary, token, and early Spanish colonial coins. Prices are not necessarily reflective of actual market, so be warned.