These error coins came about because there was a malfunction in the matrices when the 1969 10-cent pieces were being made. Some numismatists believe there are still 20 to 30 in circulation today. The “Large Date” 1969 10-cent piece is a seldom-seen, rare coin, with less than 20 known examples in existence. One example of the 10-cent “Dot” coin sold at an auction in 2010 for over $184,000. However, on the 10-cent and 25-cent coins, the tiny dot appears on the reverse under the bow on the wreath design rather than below the date.ĭespite the critical coin shortages, it appears only the 25-cent “Dot” coins were put into circulation therefore, the 1-cent and 10-cent pieces are very rare. The 1936 10-cent “Dot” Coin resulted from the same mintage problems and coin shortages caused by the King renouncing his throne. One of these rare coins sold at an auction in 2010 for over $400,000. There are only three known examples in mint state. The 1936 One Cent Dot Coin is the rarest of them all. Only three denominations were ever struck with the “dot” symbol: 25 cents, 10 cents, and 1-cent pieces. Instead, the Mint produced a small number of 1936 coins with a very small raised “dot” just below the date to indicate they were struck in 1937. That event created an issue for the Royal Canadian Mint (RCM) because they didn’t have enough time to make dies with the new King’s effigy for the production of the 1937 coinage. The historical significance of these rare coins stems from when George VI ascended the throne after King Edward VIII’s sudden abdication in late 1936. The 1936 “dot” coins are some of the most sought-after and collectible Canadian coins. Previously, the coin had sold for $1,066,000. The other Canadian 1911 dollar coin was sold to a private collector for $552,000 USD in 2019. It’s been on a long-term loan from the Royal Canadian Mint as a gesture of goodwill. One of them is housed at the Bank of Canada’s National Currency Collection in Ottawa. ![]() There are only two known examples of the Canadian Silver Dollar. It held the record for the most valuable Canadian coin for several years. The 1911 Canadian Silver Dollar is considered one of the great rarities of Canadian coinage. In this article, we’ll go over the characteristics of the ten most valuable Canadian coins in the history of legal tender. Just like most other valuable and rare coins, the value of Canadian coins can vary depending on factors such as supply and demand, quality, rarity, and finish. The first known examples of Canadian coinage were issued in denominations of 1, 5, 10, and 20 cents. New coins were issued in Ottawa after the Dominion of Canada was created in 1867. Nova Scotia, New Brunswick, and Newfoundland issued official provincial coinage in 1861, 1864, and 1865. The other British North American colonies decided to follow suit. It was in 1858 that the Province of Canada received London’s approval to mint Canadian coins in England. However, British coins were in short supply: Many merchants and banks were forced to accept gold and silver coins from Spain, Portugal, France, Germany, the Netherlands, and the United States. Most provincial governments were mainly using the British pound as their currency after the fall of New France in 1759. Even before Canada became an independent country during the negotiations of the Canadian Confederation of 1867, this coinage was being used in the British North American colonies. Many professional coin collectors have a great fondness for rare Canadian coins. 10 Coins From Canada To Add to Your Coin Collection There could be valuable Canadian coins that were produced in short runs, waiting to be found in everyday pocket change. ![]() Some of the most valuable Canadian coins feature a minor mint error or were struck by accident. If you're building a collection of coins from around the world, keep a keen eye out for unique Canadian coins. The good news is that there are plenty of numismaticcoins worth more than face value due to their historical significance. Extremely rare coins make headlines for their high-dollar prices at Heritage Auctions, but they can be hard for most coin collectors to obtain.
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