[New comment posted. See below.]
Canada 1 Cent Commemorative 1967
Yo, Ape -- Only if your coin is in superb numismatic (coin collector) condition, like the one in our picture, would a collector be willing to pay a premium for it. Maybe $1 or $2 US. Otherwise your coin is worth face value. It commemorates the 100th anniversary of the Canadian Confederation.
Coin: 2270 , Genre: Colonizers and Colonies
Requested by: ape, Mon, 14-Dec-2009 01:05:14 GMT
Answered by: Paul, Fri, 15-Feb-2013 03:56:18 GMT
Reviewed by CoinQuest. Appraisal ok., Thu, 18-Sep-2014 13:15:14 GMT
Requester description: Front: 1 cent at top, albatros bird in the middle and Canada 1867-1967 on the bottom Back:Elizabeth II left side, her picture in the middle and D.G Regina on the right side.
Tags: canada 1 cent commemorative canadaian canadienne candian canad canadian peny cents pennys pennies penny commemorating commemmoraritive commemorates comarritve commemoration commerative commemerative commemoratives albatros bird elizabeth ii regina elizabith elizabth elizabeths elisabeth eliabeth elisabet elizabet elizebeth elizabeh elizibeth lizabeth reginaf dove
I found one like this but it is silver. It's damaged on the one side, the rim is rounded but it's been pulled back in one place. Does it make a difference? - sal jones
These coins weren't made in silver. It must be a higher denomination, or it was plated by someone after it left the mint. I'm not quite sure what you mean by the rim being rounded but pulled but back, though it sounds like damage that would make the coin unappealing to most collectors. - CoinQuest (Chris)
With the penny no longer being used will the value go up? - Karen M.
As far as I know, these are still in use in Canada. The value increases only with condition -- better condition, better value. This will be the case for decades. - CoinQuest (Paul)
Found 2 of these 1 cent coins in a jewelry box. Look mint and both made into pendants to hang from a necklace. Has anybody seen these before?
Using coins as jewelry items is popular and has been done for a very long time. With valuable coins it often detracts from the value of the coin, but when done tastefully it can be very appealing. - CoinQuest (Todd)
I have one of theses in perfect condition
I LIVE IN NIAGARA FALLS CANADA..AND NO THE PENNY IS NO.USED ANYMORE HERE... Therfore the gentlemans question as to since its not used..is it worth more is valid
While these coins were still in the process of being phased out of circulation when that question was originally posted, Paul is spot-on about the values. Condition greatly affects value. Some collectors are willing to pay a premium to own coins once they are discontinued - as evidenced by the fact that some of the newer, circulated pennies are selling for a small premium these days - but keep in mind that some of the appeal is that many of these coins have a copper value that is currently higher than the face value. In general, unless they are old or in exceptional condition (or both) the value has not yet increased much above face value for the common circulated coins of recent years. - CoinQuest (Todd)
We recently found one of these and it looks like it is in AMAZING condition. What do you think the value would be, in say, 5 to 10 more years since the coin isn't fully phased out yet?
The problem with a commemorative coin like this (much like the 1976 U.S. bicentennial quarter) is that so many collectors hang on to them because they are 'special.' As a result, they are pretty inexpensive even in great condition -- and this will likely still be the case in 10 years regardless of the series being discontinued. - CoinQuest (Todd)