Canadian Coins

Last Updated: Jul 31, 2023

The history of Canadian currencies goes way back and has been modified and changed various times through different eras and series of events. As a result of past experiences with other countries, especially the British pound, the Canadian colonies decided to link the currency to the United States dollar. The Canadian dollars were first produced in 1867 with Confederation. In the 20th century, various Canadian Commemorative Coins were issued and circulated to replace the current coinage design temporarily.

The coins were introduced into five different denominations by the country's federal government, including the cash for one cent, five cents, ten cents, twenty-five cents, and fifty cents. Although the Canadian coins were being Minted in the Royal Mint, they were not issued or put into circulation until they arrived from the Royal Mint of London in 1870. Still, the one-cent coin was published in 1876.

Various rare Canadian coins were produced from time to time, either due to some accident or a minor failure. Also, the rarity of these Canadian dollar coins can be identified by the metal used to mint them, whether silver, gold, or copper. Some of the rarest and the most valuable commemorative coins of Canadian dollars include 1936 Canadian "Dot" Dime, Victoria 50-cent piece in near mint condition, 1969 large date 10-cents, and many more. These are not only ancient and historical but also hold great value.

* We independently evaluate all recommended products and services. If you click on links we provide, we may receive compensation.