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Need Help In Collecting Canadian Coins And Notes

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Pillar of the Community
SA4H's Avatar
United States
2764 Posts
 Posted 11/19/2007  5:53 pm Show Profile   Bookmark this topic Add SA4H to your friends list Get a Link to this Message Number of Subscribers
I don't really know anything about Canadian coins, but I would like to build/create some collections in Canadian coins. Nothing fancy, may be Mint Set/Proof Set would be good; or a modern type set.

Is there a starting date for certain series that I should look into? For example, in the US, we have the State Quarter program started in 1999, so I am working on complete that set; now we have the Presidential dollar started this year and I am collecting those coins.

Last question, do you have such thing as Type Set Album/collection similar to the US Type Set (Dansco 7070 Album) which include all type of coins and denomination of the US coins? Have any of you completed the Canadian Type Set Album or working on such project?

Thank you all.
Bruce
Edited by SA4H
11/19/2007 8:35 pm
Valued Member
Canada
86 Posts
 Posted 11/25/2007  6:01 pm  Show Profile   Bookmark this reply Add fastback13 to your friends list Get a Link to this Reply
I cannot answer your question about coins,but I am a Canadian Banknote collector. I can describe a few simple things but if you have any specific questions you can email me.
Canadian banknotes are basically divided into series in the years they were printed and in some cases given names to easily identify them. There are older notes but for now the easy list:
1935 issues
1937 issues
1954 issues (modified, devil face and replacement notes)
1967 issues Canada's Centennial notes collector issue and serial #'s
Modern notes
Bird Series ( the $1 note was taken out of production)
Journey Series ( the $2 note was taken out of production)
Note that from 1954 until the current time replacement notes were printed but are identified differently. In 1954 by an asterisk, in the other series by an "X" in the prefix and in the Journeys by certain ranges of serial numbers)
Notes range in price depending on how they grade, so this is always very important.
I am what some people call a brick searcher which means that I get large quantities of notes directly form the BANK OF CANADA and search each and every note, whether for errors, replacements, various prefixes, or special numbers. Many people collect different things so you should try to see what you like and can afford but I always recommend to buy the best you can afford (obviously at the best price).
When people start many look for the easier to get notes just to start a collection while others tend to specialize on either a series, or maybe prefixes, or special numbers. If you have any questions I would be more than happy to answer them

FASTBACK13
Pillar of the Community
Topher's Avatar
Canada
965 Posts
 Posted 11/25/2007  8:04 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply
SilentAsian4Hire - there are an number of sets you can put together, many depend on price, and availability. You could define your set by type/monarch for example.

Large cents - Canadian cents were large size until 1920. It's fairly easy to get the 1900 issues, but some of the earlier ones (Queen Victoria) can be difficult and/or pricey.

Small cents - begin in 1920, a few key dates that will set you back. Semi-key dates don't have to be too expensive depending on condition.

Silver nickels - ("fishscales" - hared to find, can get pricey considering how little they are. Probably not the first set you'd want to put together.

Nickels - begin in 1922. Two keys will set you back 3 figures each (minimum), but otherwise a good set to put together, although it can get pricey depending on condition. Some semi-keys that aren't too pricey, but can make the set fun to complete.

Dimes - changed from silver to clad in 1968 (both examples exit for that year). Not overly expensive, but earlier examples in good condition can get expensive quickly.

Quarters - same story as the dimes, only 2.5x as expensive.

Halves - can get very pricey, clad halves don't circulate, some expensive keys and varieties.

Dollar coins - Silver/clad. These didn't circulate much, and can get even more expensive than the halves, although a set of clad dollar coins can be put together pretty easily (1968-1986)

Dollar coins (Loonies) - Don't circulate well, lots of different offerings in mint sets and special sets.

Two dollar coins (Toonies) - Only 11 years old, with a couple of harder to find examples (1998), but not very expensive at all.

Depending on what you would like to put together, there are lots of different ways to go about it. Feel free to post here, or contact me by email if you need any more info.
Valued Member
Canada
86 Posts
 Posted 11/25/2007  8:39 pm  Show Profile   Bookmark this reply Add fastback13 to your friends list Get a Link to this Reply
I just though of a few simple sets that are still somewhat easy to obtain since they can be found in circulation.
The 1999 and 2000 millenium 25 cent coins which consisted of 12 coins per year (total 24 coins). One coin was issued each month. I find on average about a dozen a month in circulation.
The other set which I believe came out in 1992 was the provinces of Canada. These are a little more difficlut to find but still do pop up in ciculation.
If you are in the US may be more difficult, but if your ever across the border go to a bank and get some rolls. I'm sure you will find something you can use

FASTBACK13
Pillar of the Community
SA4H's Avatar
United States
2764 Posts
 Posted 11/26/2007  03:15 am  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Thank you Topher and fastback13,

I will do my research and put up more questions.
Valued Member
peachymargarita's Avatar
United States
116 Posts
 Posted 12/02/2007  03:02 am  Show Profile   Bookmark this reply Add peachymargarita to your friends list Get a Link to this Reply
So what kind of serial ranges do you look for in $1 1973 or $5 1972/1986?


Also what is with the 3 letter prefix on the $1 as compared to the 2 letter?

Lastly if I simply list the 4 $5 and 7 $1 notes I have can you clue me in to value. I don't collect Canadian but somehow have wound up with these.

Thanks,

Michael
Valued Member
Canada
86 Posts
 Posted 12/04/2007  4:21 pm  Show Profile   Bookmark this reply Add fastback13 to your friends list Get a Link to this Reply
quote:
So what kind of serial ranges do you look for in $1 1973 or $5 1972/1986?
Also what is with the 3 letter prefix on the $1 as compared to the 2 letter?
Lastly if I simply list the 4 $5 and 7 $1 notes I have can you clue me in to value. I don't collect Canadian but somehow have wound up with these.


Hi Michael,
Not a simple question since the prefixes, serial numbers, print dates, signatures, series type and grading all make the difference between a note being worth face value or in the thousands.
Best thing to do is send me as much information you can give me on each note and I can give you a range of prices since without seeing the actual note I could not grade it.

I would need print date (found on the note)
prefix and serial number, denomination, the signatures, and any description you can give as to the condition ie folds, creases, uncirculated, counting crease, pinholes, markings(pen, teller stamps, ink smears etc) you can email me
mikez@scsinternet.com if you have pics or scans that is even better
Hope I can help
Valued Member
skelly423's Avatar
Canada
187 Posts
 Posted 12/04/2007  5:37 pm  Show Profile   Bookmark this reply Add skelly423 to your friends list Get a Link to this Reply
Hi SilentAsian,

I just wanted to say that you've gotten some good advice here, but I've got one correction to make, the $1 loonies do circulate with great regularity here in Canada (Topher must be thinking of the American dollars). My personal recommendation is a small cent set. With a lot of persistence you can complete the dates to 1937 from circulation (but from 1960 and earlier are few and far between). It's the cheapest set to complete, but there's always room to upgrade, so your search is never finished.
Pillar of the Community
Topher's Avatar
Canada
965 Posts
 Posted 12/04/2007  9:11 pm  Show Profile   Bookmark this reply Add Topher to your friends list Get a Link to this Reply
skelly, I don't mean that they don't circulate, what I meant was they don't hold up well in circulation. Poor choice of wording earlier. If you want decent examples, don't pull them from circulation, go for BU.
Pillar of the Community
TheForce's Avatar
United States
4867 Posts
 Posted 12/04/2007  9:15 pm  Show Profile   Bookmark this reply Add TheForce to your friends list Get a Link to this Reply
I just purchased several prooflike sets on ebay from 1968-1982.
Valued Member
skelly423's Avatar
Canada
187 Posts
 Posted 12/04/2007  10:26 pm  Show Profile   Bookmark this reply Add skelly423 to your friends list Get a Link to this Reply
You're 100% right on that one Topher, they're brown the minute they leave the mint.
Pillar of the Community
SA4H's Avatar
United States
2764 Posts
 Posted 12/04/2007  10:52 pm  Show Profile   Bookmark this reply Add SA4H to your friends list Get a Link to this Reply
Thanks guys. I think I have to put off my urge to collect Canadian coins until next year. I gotta sell some of my coins to pay some of my thousand dollar bills and work on my Lincoln Cents. I will surely ask more question at the light of next year, or when I was able to sell some of my coins.

Thank you all.
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