The Canadian Coin Association is hosting an event this March 2017, at Muzeum - 14 Prince Arthur, Toronto ON from March 9 - where the general public can bring in all types of coins (Canadian, American, World/Foreign), Paper money and all gold and silver items.
Have you ever wondered what your old coins or paper money are worth?
Free Evaluations on all coins, paper money, gold and silver!
Are you finding it overwhelming to determine the fair market value of the collection you inherited? All evaluations are completely free, admission is free and there is no limit to the items that you can buy!
The Canadian Coin Association connects people who are looking to sell their items with coin collectors and hobbyists.
After travelling all across Canada, the United Kingdom, Philippines and Asia, the Canadian Coin Association has developed a database of thousands of collectors. Their interests range from gold and silver coins, type coins and key dated coins, foreign coins, current dated coins and all types of paper money as well - from all over the world.
What is the process at the event?
- Gather up all the items that you would have interest in getting evaluated, whether coins, paper money, old broken jewellery and all gold/silver items.
- Register at the front desk and await your turn for an expert to evaluate your items.
- The CCA expert will separate the items by what would be of interest to collectors. The next step is to send out information to their database and within 15 - 30 minutes, the offers start coming in.
- There is no pressure or obligation to sell at all. If you are happy with the price offered by the collector, you are issued a check right on the spot. If you are not happy with the price, you can wait a day, week, month or the amount of time until you are happy with the price being offered. The CCA will continue circulating it to their databases and do their best to have an internal bidding war on your items.
Some of the items that the Canadian Coin Association say they always have a collector for are:
- Canadian Coins dated 1967 and earlier
- American Coins dated 1964 and earlier
- British/UK coins dated 1946 and earlier
- Silver and gold coins from around the world (all of them)!
- All Canadian Paper Money dated 1954 or earlier
- Any Canadian and American Paper Money with an Asterisk before the serial number
Have you wondered what makes the value of a coin or piece of paper money go up?
There are 3 main factors to the value of a coin or paper money. They are:
- The condition of the coin (if rare and collectible, see point 2).
- The amount of coins or paper minted or printed in that specific year.
- The variation of the coin or paper money that you have.
- For example, for paper money - one of the factors who the signatures on the piece itself belong to. See below for 2 versions, one signed by Coyne and Towers, the other signed by Beattie and Rasminsky. As mentioned above, the asterisk before the serial number on the note on the right, would also increase the value.
- For coins, it comes down to how the coin was struck by the mint - which can cause some variations. See below for the 1947 Maple Leaf and 1947 Dot Variations.
Do you have any questions? Feel free to reach out to firstname.lastname@example.org or email@example.com and someone will get back to you as soon as possible.
Visit the blog section over at muzeum.ca for more information!