The 7 rarest and most valuable Canadian coins on the auction market

For large collections of coins, auction houses can pay a fortune, collectors usually easily identify them by its age, year of minting, design, imperfection, stamps, among other characteristics.

However, for a common person who does not know about the subject, it can be difficult to decipher if a coin is really worth much more than its original denomination, which is why here I share a list with the 7 rarest and most valuable Canadian coins on the market along with to the description of its details.

1911 Canadian silver dollar

In 2019, this coin was sold for $552,000 dollars, so far it is claimed to be one of the most sought-after coins in the world, there are only two and one is already in the Canadian Museum of Currency in Ottawa.

1921 Silver 5 Cents

Currently, the value of one of these coins can reach the price of 67,082 Canadian dollars, which is equivalent to $49,081 US dollars. There are only 400 silver 5-cent coins believed to exist, after in 1922 the Mint melted down its entire inventory of silver 5-cent coins to introduce a new 5-cent coin made of nickel.

1923 Small 1 cent

It is estimated that a small cent from 1923 can currently cost about 3,374 Canadian dollars, which is equivalent to $2,468 US dollars. The detail of this coin is that the large cent coins were minted between 1858 and 1920, so a small penny was a rarity.

Canadian Silver Nickel: Any Year

What makes this coin so rare and peculiar is that before 1922, Silver coins were used to make five-cent coins.so since almost all of them melt, it is not common to come across one.

1936 Canadian “Point” Dime

Another of the most valuable coins on the list is the 1936 “point” dime. It is valued at 245,000 Canadian dollars, which is equivalent to about $179,316 US dollars. It is believed that few examples exist.

1916 C Gold Sovereign

According to some auction houses, the value of this coin reaches 218,000 Canadian dollars, the equivalent of $159,561 US dollars. The importance of this coin is that it was minted at the Royal Canadian Mint between 1908 and 1919 and it is said that only There are 50 copies.

1953 Penny with Shoulder Fold (SF)

In some auctions these pennies have been sold for almost 2,000 Canadian dollars, which is equivalent to about $1,463 US dollars. The detail of this coin that makes it relevant is that its redesign in 1953 was with the coronation of Queen Elizabeth, but the previous design It had a fold in the dress in the image on the back that later had to be redone.

Keep reading:

• How much is a rare $5 bill worth on the auction market?
• 10 commemorative coins that could be worth more than $100 on the market
• Meet the 2004 quarter that could be worth up to $2,000 dollars