Canadian Coins

 

 

Canadian Coin Collecting The Canadian Coin Collecting Club

The art of Canadian coin collecting brings joy to many, from the novice collector to the professional numismatist.

 

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Sharing a common interest in Canadian coins is what the "C.C.C. Club" is all about. Whether you accumulate ancient, mint, silver, gold or numismatic coins; The time and responsibility in proper coin collecting practices and care is the same.

For those just starting their Canadian coin collection, here are some basic collecting skills that you should familiarize yourself with:

 

 

3 Types of Canadian Coin Collectors

  1. The Unknowing Collector - This is the person who would never label themselves as a "coin collector". Yet, they have a drawer full of unique coins they have accumulated over the years and can probably give you some facts on them.
  2. The Hobbyist - Has a solid knowledge of the coins they keep. Looks for specific types of coins. However, they may not spend much on their purchases.
  3. The Numismatist - This person has experience and knows their coin history. They are also willing to spend the most and are always in search of rare Canadian coins.

 

5 Common Coin Collector Mistakes to Avoid

  1. Think About Re-Sale Value - The purchase of a coin is an investment. Those who don't consider the re-sale value are risking a loss.
  2. Damaged Beyond Sale - Sometimes a coin appears to be in mint condition. Yet on closer inspection unseen damages such as light scratches can lower a coins worth.
  3. Don't Believe The Coin Hype - You are surrounded by people telling you all about the value of Canadian coins and the pressure to buy is on. The only thing is, these people weren't experienced coin appraisers. Only take advice from professional collectors.
  4. Poor Coin Storage - Keeping your coins properly stored is vital to their value. See your local coin dealer for the proper materials to use as each coin may require different means of storage.
  5. Climate - It is best to keep your coin collection in a dry area at room temperature. Even moderate heat, humidity, air, cold, dampness can cause damages.

 

Types of Coins to Collect

  • Error or Exonumia Productions
  • Rare
  • Ancient or Numismatic
  • Civilization, Era Based
  • Gold, Silver etc.
  • Country Based
  • Special Edition
  • Specific Denomination
  • Year Specific

 

5 Tips for Cleaning Your Coins

  1. Handling Coins When Cleaning - As human hands contain damaging oils, it is best practice to wear latex gloves and only hold the edges of the coin when holding and touching them.
  2. Do it Fast - Air can oxidize your coins if left out for too long. Try to do your cleaning quickly and place each coin into its container.
  3. Don't Use Metal Cleaning Products - These can damage your coin by changing their color or scratching the coin. Only use specific coin cleaning solutions for the specific metal of the coin as each coin may require a different cleanser.
  4. Don't Scrub Too Hard - Each time you clean your coin you alter it. Use only enough pressure as necessary when cleaning.
  5. To Polish or Not - Not every coin will need a finishing polish. Make sure to do your homework as some coin polish products may cause damages to certain metals.

 

As you can see, there are many factors that go into Canadian coin collecting. Whether you are in it for the beauty or the value of coins, finding a new coin for your collection can be an incredible rush. It doesn't matter if you purchase your coins from auctions, dealers, fellow enthusiasts or use a metal detector to dig for them. We do it because we love it.

If you want to be part of the Canadian Coin Collecting Club of Canada Coin Collectors, simply sign up for the Newsletter at the top of this page.