Before you spend change on your bus ticket, it might be time to get to know it more!
This is because there are some rare Canadian coins that can be worth much more than what is printed on them.
In fact, there are a lot of rare and incredibly valuable Canadian coins out there, and you might actually be sitting on a historic coin worth thousands upon thousands of dollars.
From coins that were made before parts of Canada joined Canada to coins that were not mass produced, you can own a number of rare Canadian pieces worth over $100,000.
Here’s a look at just a few of them:
1948 King George VI $1 coin
1948 King George VI $1 coin
Heritage Auctions
Before the loonie, Canada had a much different $1 coin!
With an image of a young King George on one side and two men paddling a canoe on the other, this coin could fetch more than $1,600 on the market, according to Coins and Canada.
One is expected to go up for auction at Heritage Auctions starting Dec. 15, and while it doesn’t have an opening bid, it could fetch between $550 and $1,600.
Check it out
1918 King George V 5 cent coin
1918 King George V 5 cent coin
Collectors Universe | Heritage Auctions
This older coin is unlikely to go for thousands of dollars, but has been known to go as high as $264 at Heritage Auctions if it has a blank quality. And it’s a lot better value than 5 cents, that’s for sure!
It has the face of King George V on one side and laurels, a crown and an engraving of the rank and year of manufacture on the other.
Check it out
1872 Newfoundland Two Dollar Coin
1872 Newfoundland Two Dollar Coin
NGCoin | Heritage Auction
If you’ve found an antique coin from when Newfoundland & Labrador joined Canada, you might be sitting on a nice little cash injection.
According to Coins and Canada, a $2 Newfoundland coin from 1872 could sell for up to $1,140 in 2022, depending on its quality.
In fact, Heritage Auctions is currently selling one, with the latest bid at $410 with just days left.
Check it out
1957 Queen Elizabeth II dollar
1957 Queen Elizabeth II dollar
Heritage Auctions
This is one of many 1950s Queen Elizabeth dunces that can be sold for a great price in Canada.
In the past, one sold for $593, but particularly high-quality or notoriously dressy belts were missing as much as $12,000 or more.
So, take a close look at any of your coins that might fit this description, because you could be sitting on a lot of money here.
Check it out
1921 King George V half dollar
1921 King George V half dollar
Heritage Auctions
This coin has been called the “King of Canadian Coins” mainly because of its unique history.
Originally minted in the early 1920s, they were never issued due to a lack of interest in the half dollar. More than 200,000 of these were believed to exist.
However, many were melted down and only a few made it out of the Royal Mint, making them a sought-after item among collectors.
In fact, one sold in 2014 for a whopping $141,000.
So check your coin collection for one of these!
Check it out
1937 King George VI Brass Quarter
1937 King George VI Brass Quarter
Heritage Auctions
This unique and rare coin stands out because it was not minted in Canada or Great Britain, but actually in France.
According to the catalog of one piece sold, this is because the British Mint was “engaged in other projects” at the time.
One sold in 2021, although damaged, still fetched $5,750.
Check it out
1926 King George V five cents
1926 King George V five cents
Heritage Auctions
Another coin from the 1920s!
This is interesting because almost a million of them were minted, but what makes them valuable is their quality.
That means there’s a pretty good chance you have one of these lying around at home compared to the others on this list.
And if you do, get it appraised because it might be worth $5,750 like the one that sold in 2010.
Check it out
And for those looking for coins that weren’t minted a hundred years ago, Canada has released some interesting new coins in 2022.
The most recent is a new colorful blue Loonie featuring Alexander Graham Bell and two of his inventions, the HD-4 hydrofoil and the Silver Dart – the first heavier-than-air craft to fly in Canada.
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