ANTIQUE APPRAISAL: CANADIAN COIN VALUE

For purposes of clarification, the term “value” is a social agreement; it is the consensus among people interested in a property of what is a reasonable price for the property. It is not an amount that was realized from a specific sale on a specific date (price). It is an opinion based on relevant market activity (appraisal) as opposed to a fact based on a single transaction.

While the basic designs for most Canadian coins remained fairly stable from the beginning until 1936, many smaller changes occurred as needed. With the passing of each monarch, a new royal portrait was designed and incorporated into the next striking. Later, various modifications were make to reduce the expenses of producing coins, which no longer had any tie to their intrinsic value.  

There are several criteria that a coin appraiser at EmailAppraisals.com will consider when preparing a Canadian coin value appraisal. To begin with, coins that are rare carry a higher demand among collectors and are valued higher, and also important is the grading (level of preservation) of the coin, based on established, industry standards.

Most Canadian coin value appraisal experts will agree that the first factor that makes a coin rare is its mintage. The term mintage is the number of coins struck for any given date at a specific mint. However, official mintage figures are often incorrect. Ultimately, scarcity is determined by actual supply and demand in the collectible marketplace.   

The grading of a coin is always of importance in establishing the Canadian coin value. There are certain convenient key reference points which greatly facilitate the grading of Canadian coins. In the case of the portraits of Queen Victoria it is the hair over or braid below the ear. In the case of both Edward VII and George V it is the band of the crown. Canadian grading terms are different from the established U.S. terms and flow from highest to lowest condition as follows: MS-65 or Gem Uncirculated, MS-63 or Choice Uncirculated, MS-60 or Uncirculated, AU or Almost Uncirculated, XF or Extremely Fine, VF or Very Fine, F or Fine, VG or Very Good, and finally G or Good.   

The coin appraisal experts at EmailAppraisals.com have over four decades of experience in appraising Canadian coins including all denominations, commemorative, bullion, and tokens. If you would like an independent, certified appraisal report at a fraction of the cost and time of a traditional appraisal consider an online Canadian coin value appraisal at EmailAppraisals.com.