Canada has a few that stand out from the rest regarding valuable coins. Here are 10 of the most valuable Canadian coins ever minted.
Top 10 of the Most Valuable Canadian Coins:
1948 Canada Silver Dollar
With only 18,870 pieces ever minted, only a few have survived. So this is one of the rarest coins in the world.
The low mintage of the 1948 silver dollar stems from India’s independence in 1947.
The obverse of Canadian coins before 1948 featured the portrait of the reigning monarch with their name and royal title in the Latin text.
The portion of their royal title that included the designation “emperor of India” was a part of their imperial title.
As a result, the 1948 coins needed to be struck without this design. Unfortunately, the Mint could only fabricate a small number of these before receiving the new dies.
In 2009, the 1948 Canada Silver Dollar was sold for $67,850.
Edward VII Gold Specimen Sovereign
It was minted to commemorate the launching of the Ottawa mint. The gold Sovereigns of King George’s reign were seen as the equivalent of American Express in the 1920s and 1930s.
They were also taken as legal tender worldwide, including in Brazil, which wasn’t formerly a part of the British Empire.
1947 Maple Leaf Silver Dollar
These rare silver coins were produced in minimal quantities and are regarded as extremely valuable.
Canada’s Mint added a tiny maple leaf next to the date to distinguish the coins from earlier batches.
Depending on the grade, it may sell for anything from $300 to $10,000 at auction.
1921 5 Cent
There are currently fewer than 400 of these in existence. In 1921, the Royal Canadian Mint sought to produce a nickel-based 5-cent coin for the following year’s issue.
In preparation for the release, the Mint melted down its entire silver 5-cent coin inventory, almost all 1921s.
These coins, in any grade, sell for anything from $4,000 to $100,000.
1969 Large Date 10 Cents
The Royal Canadian Mint made an error in minting this coin using a larger date size instead of a smaller one. This error went unnoticed and went into circulation.
With only around 20 known examples. Depending on their condition, these can sell for anything from $10,000 to $25,000 at auction.
2007 Million Dollar Coin
This is the first 1 million dollar coin. This 100kg coin was minted in 2007 and is the world’s largest, heaviest, and most valuable. It is made of .99999 fine gold and features a portrait of Queen Elizabeth II on the front and a maple leaf on the back.
After several interested purchasers stepped forward, the Mint offered a small quantity of these exquisite gold bullion coins for sale. Five magnificent gold bullion coins have been sold, weighing 3,215 troy ounces each. One of these coins was purchased by Queen Elizabeth II.
1967 Nickel Pattern 25 Cent
A lynx on the reverse side of a coin? That’s pretty rare, and it’s beautiful. In 1967, the Canadian government issued these commemorative quarter dollars to commemorate one hundred years since the founding of Canada in 1867.
The silver coins represent the worth of the silver they contain. In 2019, this PGCS-certified coin with a grade of SP-64 was sold for USD 3800.
1954 NSF 5 Cents
There are only 4 of these coins have been certified in history. An unknown number of coins were made from an obverse die from the 1953 “No Shoulder Fold” 5 cents when production began in 1954.
1916 C Gold Sovereign
This coin sells between $15,000 to $50,000 depending on the grade. Royal Canadian Mint minted only one pound gold coin between 1908 to 1919. Due to ties with Britain, the Mint needed to produce sovereigns by order.
However, this required special requests for different commercial purposes, so few pieces were made. Because of Canada’s connection with Britain, this coin had to be minted by produce sovereign by order.
2003 Gold Proof Coronation Dollar
It’s widely known only 1 of these coins was ever minted. The silver edition was minted to commemorate the 50th Anniversary of the coronation of Queen Elizabeth II. 29,586 of the silver edition was sold.
Royal Canadian Mint uses the same dies to mint a SINGLE COIN using a .9999 fine gold planchet with the same diameter and weight. In Augus5 2019, the coin was for USD 108,000 via Heritage Coin Auction.
Before you go…
These are the 10 most valuable Canadian coins in the market. Keep an eye out for rare coins, and you may find yourself with a valuable investment. Do research to ensure you’re getting a reasonable price and happy hunting! What are other valuable Canadian coins out there? Let us know in the comments below!
Check out my next article: “11 Japanese Coins You Should Add to Your Collection.”