Valuable coins that are easy to find9/13/2023 ![]() These error coins were confined to the special collector sets that were made in Ottawa. The coins are “mules” because the front of one coin is paired with the back of another. Not surprisingly, the busy production schedule resulted in some interesting error “Mule” coins. 1999 September and November Mule Quarters As can be seen in the picture below, these quarters feature the iconic caribou on the front of the coin, along with the denomination of “25 cents.” On the back of the coin is the Queen’s effigy.Īll of these different coins, of course, contributed to the making of the 1999 error coins. None were ever produced for general circulation. ![]() The traditional caribou quarter for 1999 was only issued in mint sets. As can be seen in the picture below, the designs took up all the space on the front of the coins so the denomination of “25 cents” was placed at the back below the Queen’s effigy. The front of the 1999 quarters all featured designs that represented Canada’s past, while the front of the year 2000 quarters featured designs that represented Canada’s dreams for a new millennium. To celebrate the new millennium, the RCM issued a new quarter each month in 19. So if you or someone you know has any mint sets from 1993, it’s definitely worth taking a look for this coin! Millennium Quarters In 2017 the highest graded example (a PCGS PL-68) sold at auction for $24k! An ICCS graded MS-66 example sold in a 2015 auction for over $17k. A 1993 Caribou reverse was paired with an 1867-1992 reverse that was used on the 1992 provincial coins issued by the RCM to commemorate Canada’s 125th birthday. So far only 2 of these rare coins are known, making this one of the rarest Canadian coins ever. 1993 Canadian Quarter with 1867-1992 Obverse Image courtesy of Richard Van Gastel Millions of these coins were minted but about 8-10 thousand were struck with a the back side of the 1972 quarters. The back side of the coin (obverse side) featured a smaller, more detailed effigy of the queen. In 1973, to commemorate the centenary of the Royal Canadian Mounted Police (RCMP), the RCM struck commemorative quarters that feature a “mountie” on his horse holding a flag. 1973 Large Bust Quarter Image courtesy of the Canadian Numismatic Companyġ973 Large Bust Quarters are sought after and sell anywhere from $150-$600, depending on condition. Below are some of the most famous error “mule” coins ever made by the RCM. The resulting error coin is referred to as a “Mule.” Many of these so-called mules account for the majority of modern rare Canadian coins. The one type of error coin that I find to be the most interesting is where the dies get mismatched and stamped on a planchet. There are dies for the front, or the reverse side, of a coin and separate ones for the back, or obverse side, of a coin. Once the die strikes a planchet, the image is stamped on it. A die is a piece of metal that has an image and/or text engraved on it. Coins are made by taking a flat, round piece of metal called a planchet and striking it with a die. To understand how mistakes can be made during the minting process it’s important to understand how coins are made. Search for them using the search box at the top right hand side of this website.*** How A Coin Is Made ![]() ***Do you have some coins that you think might be worth some money? I get lots of questions about various coins. In the past decade and a half, the Royal Canadian Mint (RCM) has made some pretty cool mistakes. These coins are the result of a mistake made by the mint during their production and collectors go crazy for them. One of the most fascinating areas of coin collecting is finding what are known as “error” coins. ![]() Here are some modern rare Canadian coins that are very valuable and worth a lot of money. ![]()
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