1974 Canadian Dime
The obverse of the 1974 Canadian dime features a portrait of Queen Elizabeth II. The reverse features a famous Canadian schooner known as the Bluenose. The Canadian dime is manufactured by the Royal Canadian Mint in Winnipeg, Manitoba. The name “dime” originates from the French word “dime,” which means tenth part or tithe. The design also features a mackerel, a symbol of Canadian fishing, and a tribute to the United Nations’ International Year of Volunteers.
The denomination of the 1974 Canadian dime varies greatly from that of its predecessors. While the Canadian dime of 1903 was worth two dollars, the 1974 issue is worth only ten cents. The difference between these two coins is significant, since the first dime was minted with nickel in 1903. The current ten-cent coin is plated with copper and nickel and is known as the 1999p. A high-grade example of the 1974 Canadian dime can fetch from $1500 CDN to $3000 CDN.
Among the rarest Canadian coins, the 1923 1-Cent is one of the most valuable. This rare coin is currently valued at between $2261 and $67,082 CAD. The official mintage for a 1923 dime is 1,019,022, but the average 1982 penny is worth less than two cents. If you’d like to own one of these rare coins, you may want to start collecting them!
There are several reasons why collectors prize the rarity of a Canadian coin. The scarcest coins are those that contain a flaw, or have been melted down to create later versions of the coin. Rarer Canadian coins will command the highest prices at auction. One of the best-known coins is the 1911 Canadian silver dollar, which holds the world record for most expensive coin. Only a few survive in circulation today, but it was once valued at $1,066,000 CAD.
