November 23, 2019

At Muzeum, we love it when people bring in the coins to get them evaluated. Our on-site experts are experienced in determining the value of your coins, whether you have individual specimens or sets, we are always ready to help you figure out their worth.

You can easily turn your unused coins into cash today by visiting our store located in the beautiful and historic Yorkville in Toronto at 14 Prince Arthur Ave. We’re a 3 minute walk from St. George Station and are open from Monday to Friday from 10:00am to 6:00pm.

We provide FREE evaluations and are always happy to talk coins, jewellery, memorabilia, and any other collectibles you decide to bring in. Our passion is discovering the history and secrets that they hold – we’re not just in this for the money!

When founder of Muzeum Maxim Smirnov worked with others to produce the Great Canadian Roadshow (GCR), he did so because of how much he loved to find and collect rare and unique pieces. The aim of the GCR is to share that love of antique pieces, coinage, jewellery, gold and silver, and all kinds of memorabilia with all of Canada.

We continue this tradition today at Muzeum, where we pride ourselves in being transparent in everything we do. That’s why you can feel confident when you bring your coins to our store where we perform expert evaluations right before your eyes.

Your Friendly Neighbourhood Coin Experts

Are your old coins worth anything or are they just junk taking up space in your home? Instead of second-guessing yourself, take them to our store where we will be happy to let you know their value for free.

Have you ever wondered how to sell your coins and how to make sure you are getting the most money for their worth? You don’t have to – we are happy to provide you with all the information you are looking for, even if you don’t decide to sell to us.

We also have a vast network of collectors that we can connect you with, that way we can help you make the most of your visit and get you the money you deserve.

When it comes to selling coins there are a number of different kinds. If you come in for a visit, we can go over them with you and more detail and assist you in identifying your old coinage. There are generally four different kinds of coins that are considered rare and valuable – let’s take a look.

Numismatic Coins

Most coinage can be valued based solely on their precious metal content (whether they are made of gold or silver). Numismatic coins, on the other hand, are valued above their precious metal content or face value.

This could be due to them being a limited mintage (meaning few of them were created), because of an error during the minting process, or because they are of a specific variation or otherwise. There is always a demand for these specimens because of their uniqueness and rarity.

Commemorative Coins

Commemorate means that they were created for a particular event or issue. These ones are generally minted in very large quantities, so one would think that they might not be worth very much. Even though they are not considered to be numismatic, there are still many versions with precious metal content within them, such as silver, making them valuable.

Proof Coins

Originally, proof coinage was created as samples to check dies and archival purposes. Nowadays, proof refers to any coin that was minted with the specific intention of being sold to coin collectors and numismatists. Nearly every country has issued proof coinage.

Uncirculated Coins

There are three classifications that fall under this category:

  • A coin that was released to the public but not intended for general circulation, but is still available from mints or local dealers. This means they have not been touched or handled by human hands without the use of a protective barrier, such as a frame, case, or gloves.
  • One that has been officially graded by a reputable company with a grade of Mint State, (MS) 60+.
  • Coinage with specific adjustments to their minting process when creating uncirculated coins, like when the U.S. Mint created ones that resulted in a more satin-like finish.

At Muzeum, our numismatists and experts who are directly on location have over 40 years of industry experience. They will easily be able to help you determine what kind of coinage you have.

Examples of Coins We Buy

We buy all coins including numismatic, commemorative, proof, and uncirculated. When you visit our store you can also bring in circulated, mint sets and proof coins like the Franklin sets and the Royal Canadian Mint set, and collections of any kind.

You can also sell your gold and silver coins, including:

GOLD COINS

  • Olympic
  • Centennial
  • Royal Canadian Mint – Credit Suisse
  • American
  • Gold Eagle
  • Liberty Head
  • Indian Head
  • All Gold Coins from around the Globe like Austrian, Mexican, British, and Chinese
  • Other Gold Coins

We also buy all Gold Bullion Gold Coins, Gold Rounds, Gold Bars, and ingots from Government and Private Mints.

SILVER COINS

  • Canadian Coinage dated 1968 and Earlier
  • American Coinage dated 1964 and Earlier
    • 1969 and Earlier for JFK Half Dollars
  • British Coins dated 1946 and Earlier
  • All other Silver Coinage from around the world

We also buy all Silver Bullion, Silver Coins, Silver Rounds, Silver Bars, and Ingots from Government and Private Mints.

how to sell your coins

How to Tell a Fake

Unfortunately, there are numerous amounts of counterfeit coinage out there. Typically, though, you can tell coinage authenticity by its weight (precious metals are heavy), design, and minting.

There are online catalogues of coins that you can compare yours to in order to match up design and minting date. In regards to precious metals, a strong magnet should be able to tell you whether or not the coins you have are made of silver or gold which will not attract to the magnet.

At the end of the day, though, the best way to determine whether or not you are dealing with a counterfeit is to take it to our store. We have machinery that can determine with absolute certainty whether or not your item has any precious metal content, and our experts are always on hand to offer their valuable advice.

So if you have any old coinage that you’d like to sell, be sure to stop by. We also currently have a promotion where free you can get a free $1 Canadian bill for just walking through our door. So don’t miss out!


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