Coin Collection Advice – Why You Should Collect Canadian Coins
Why You Should Consider Collecting Canadian Coins
The Royal Canadian Mint has over the course of its history produced some of the most unique and rare coins to be found anywhere in most prestigious coin collection the world. What makes collecting Canadian coins even more interesting is the fact that they have often proved a valuable investment as far as collectibles are concerned.
The value of a coin is usually influenced by different factors including supply and demand, the current state of the coins, mintage, dates and rarity. Most seasoned collectors seek to find coins that can increase in value over time and which are most sought after by other collectors.
Types of Canadian Coins
Whether you’re simply a coin enthusiast or even a serious collector, you can find varying kinds of coins which will also fetch different prices on the market. For people in the United States of America, getting access to Canadian coins can be a lot easier because of the millions of Americans who travel back and forth across the Canadian border and still continue to do so every single year.
The coins minted in Canada come in several denominations including 1 cent, 5 cent, 10 cent, 25 cent and 50 cent. You also get the 1 dollar and 2 dollar coins. Canadian coins come with some amazing depictions of the culture, nature and historical figures that have shaped the course of the nation’s development. Many coins honor royals and one of the more prominent figures depicted is Queen Elizabeth II whose Elizabeth Silver dollar remains very popular, fetching anywhere in the region of $2500 upwards.
Some of the most popular Canadian coins
You have quite the selection when choosing what kind of coins to collect. Some of the most valued coins include the Rare Canadian Victorian Quarters particularly the rare 25 cent coin ones which tend to be more valuable than the Edwardian coins. The 2007-2010 Olympic Quarters which were minted to commemorate the 2010 Olympic Games are also popular. Bi-Centennial coins and war-time coins are also some of the most sought after Canadian coins.
Places where you can purchase Canadian coins
You can find Canadian coins from coin dealers on internet sites and at coin dealerships. Some dealers specialize exclusively in Canadian coins and have large collections with many varieties to choose from. You can even buy some coins directly from the Royal Canadian Mint which offers collectors different types of sets and packages. Whatever your preference, Canadian coins still remain some of the best you can acquire for your collection.