3 Things You Should Know About Canadian Coin Collecting

Coin collecting is something which happens all over the world and has happened all throughout time. It is no surprise there are people who enjoy Canadian coin collecting. These do not have to be strictly for people from Canada. This can include anyone who enjoys collecting coins as there are many great Canadian coins which will make a great addition to any coin collection. Of course, if you are thinking about getting started with collecting these kinds of coins, there are a few things you should know about them first.

There are a few Canadian Coins which will look great in any collection. This is because of what they represent as well as the rarity of the coins themselves. It is suggested that those looking to get started with Canadian coin collecting should get to know the history of the country. It is also recommended that you get to know the different kinds of coins past and present as there are many different kinds of coins which span the vast terrain which is Canada. This way you will not only know some great pieces to collect, you will know why they are valuable.

Valuable Canadian Coins

For those not interested in learning anything about Canada, you can get started with Canada coin collecting based solely on the coins which are the most valuable to purchase and will be the most valuable to sell as well. These include the 1911 Canadian silver dollar with only two known to exist and the last known copy selling for $1 million at auction in 2003. Other coins which are highly valued include the 1921 Canadian five-cent coin and the 1921 Canadian fifty cent piece. Any of these coins are valuable not only for their beauty but for their extremely rare nature.

History of Canadian Coins

If you look at the coins which are produced by Canada you will see that they still include the royal crown. This is to pay homage to the queen in England. The country as a whole has been sovereign soil for both the English and the French at different points in the history of the nation. This is why in Canadian coin collecting you will find symbols which will represent this heritage. It is important to bear in mind that at one time Ottawa was the home of the English Mint which created the English Gold Sovereign.

Getting to Know the Different Kinds of Coins

There are many different kinds of coins which have been produced by Canada over the years. These include coins of all shapes, sizes and materials. Some coins have even included two different kinds of metals as well as other coins which have multiple shapes. Whether you are interested in collecting silver or gold, oblong or triangle, you will find what you are looking for in these coins. This is why Canadian coin collecting stands to become very popular among numismatics the world over.

Photo Credit: kevindooley

Originally posted 2010-08-11 06:41:12. Republished by Blog Post Promoter

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1971 Canadian Fifty-Cent Piece

Money -> Coins-Canada -> Fifty-Cents

If you’re a coin collector, specifically a Canadian coin collector, you might enjoy looking for a 1971 Canadian fifty cent piece to add to your collection. The trick to this is finding the right fifty cent piece to know whether the coin is worth merely 50 cents, or if it’s a more valuable one that could be worth a little bit more, maybe two dollars or more, depending on the current price of silver. The real value in these coins isn’t the monetary value, though, rather it’s the value for collectors when they find this fairly uncommon coin.

Rarity isn’t the only factor in rating the value of a coin, or almost all Canadian fifty-cent pieces would be worth more. A Canadian fifty-cent pieces, whether it’s a silver minting for collectors only or one designed for general circulation, has much the reputation in Canada as the $2 bill does in the United States. They’re both real money, but some people doubt their legitimacy because they’re rarely seen and not commonly used. The 1971 Canadian fifty cent piece is distinguished from other fifty cent pieces only because it’s a silver half-dollar produced when other half-dollars were alloys.

Ironically, even though some people look at a Canadian fifty cent piece and wonder if it’s a real, legitimate coin, the fifty cent piece was the first coin the Dominion of Canada ever produced. The first domestically minted Canadian coins were fifty cent pieces featuring an effigy of King Edward VII, struck in 1908. The reverse of the coin features Canada’s Coat of Arms. Canada still produced fifty cent pieces today, but they’re still rarely found in regular circulation because most Canadians, when presented with one, keep it because of its rarity. The 1971 Canadian fifty cent piece is, of course, more worth keeping than any of the others because of its silver content.

By 1971, Canadian half-dollars were made from a nickel alloy, with no silver content. But in April 1971 they minted some silver fifty-cent pieces designed for collectors specifically, and not intended for general circulation, even though they bear the same value as other fifty-cent pieces as far as currency is concerned. Even despite its silver content, though, this fifty cent piece isn’t necessarily a great investment coin—gold bullion coins are for more valuable as investments—but it can be an interesting addition to a collection of coins from Canada or all over the world.

If you’re looking for a 1971 Canadian fifty cent piece, the chief thing you’ll need to ask is whether the coin is a standard half dollar or a silver half dollar. If the seller is unsure and the picture is unclear, you may want to purchase the coin elsewhere, because the fifty cent pieces from various years look virtually identical, giving them each very little value as collectibles. The coins are probably best found in uncirculated condition, usually sold individually rather than in lots, because they were designed as collector items.

Originally posted 2008-11-19 14:00:30. Republished by Blog Post Promoter

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