Morgan Silver Dollar
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If you are a serious rare coin collector and are interested in acquiring rare Canadian coins, there are three types that you should be aware of. They have become popular collectors items due to the artistic depth the Royal Canadian mint included in their designs. Making the investment and rare coin value worth acquiring.
Canada is actually known for having beautiful old Canadian coins that have a rich background in history. Because gold, sterling silver, nickel and bronze is used for making coins, they vary in overall worth and have different rare coin values.
Historical significance, popularity and demand are also factors that make these three rarities an excellent choice for rare coin collecting.
1. The 1911 Canadian silver dollar: Also called the "Emperor of Canadian coins,". This 1965 Guinness Book of World Records holder for most valuable coin is the rarest of all rare silver dollar coins in Canada. Set at a price of $55,000.
Only three specimens of these rare Canadian coins were created, but only two are known to be in existence today. One is housed in the National Currency Collection museum's rare coin gallery in Ottawa, and one was bought by a private collector for $1M back in 2003.
2. The 1948 Canadian maple leaf coin: Most 1948 Canadian coins are rare, but this silver dollar is the most exceptional. India gained their independence from the British empire in 1947, hence the term found on the coins "George VI by the Grace of God, King and Emperor of India," had to be changed.
The dies for the new 1948 coin series were only available near the end of the year. The Canadian mint continued using the 1947 dies, with the added detail of a tiny maple leaf beside the mint date, signifying that it was actually issued in 1948. Hence the name of the coin.
Aside from the maple leaf coins, the actual 1948 silver dollar is also a popular item amongst collectors of rare Canadian coins, with only 18,600 pieces having made it into production. The actually 1948 silver dollar is considered as the rarest of all the silver dollars that Canada has ever produced.
3. The 1936 Canadian dot coins: These coins are not only rare but also significant to Canada's history. King Edward VIII had had a short reign, only from January to December 1936, because he decided to abdicate his throne to marry an American divorcee.
This posed a problem for the Canadian mint because of the dies that had already been created that bore the face of the monarch. As well, creating the new dies took a long time. Hence the use of the 1936 coin dies even after King Edward stepped down; With an added dot under the "1936" so as to signify that these coins were actually issued in 1937.
They joined the ranks of Canadian rare coinage status because most of these coins were melted down by the mint save for seven known specimens; Three 1-cent coins and four 10-cent coins. There are also some 25-cent coins known to be in existence, but there are no exact figures available for them.
For the numismatic, ancient and rare coin collectors the above three coins are very special. They represent an historical time line and carry high numismatic values. That is what makes them 3 rare Canadian coins that are well worth acquiring for your rare coin collection.
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Morgan Silver Dollar