A History of the 1973 Canadian Nickel
The 1973 Canadian nickel is an example of a rare coin. It depicts a beaver, which is influenced by its Algonkian heritage in the northeastern woodlands. The face value is the word “CANADA,” and both sides are adorned with a maple leaf. This coin was issued to commemorate the 150th anniversary of Confederation. Listed below is a history of the 1973 Canadian nickel and its significance.
The RCMP centennial quarter from 1973 is also a very rare coin and is one of the most valuable modern proof coins. PCGS has graded nine such coins as PL68 and one of these specimens sold for $384 at a Heritage Auctions event. The reverse of the 1973 Canadian quarter features a reversal design honoring the centennial of the Royal Canadian Mounted Police, which was founded in 1873 as the North West Mounted Police.
The value of a Canadian nickel varies greatly, depending on the quality and minting location. Coins with high quality can fetch $1000+. But coins with poor quality can go as low as $0.50. It is still worth something, but don’t expect to get your money’s worth with a 1973 Canadian nickel. In addition, there are many fakes of this coin. There’s one example that sold for $184,000 at an auction. A “dot” dime was produced in 1937, and only five of these coins were minted. The coin’s design was added after the mint removed silver from the coins in order to make the Canadian dollar equal to gold.
Also Read:1999 Gold Edition State Quarter Collection Value
In 1982, Canada stopped using copper-nickel to mint its coins. Since then, the nickel has been minted in steel containing a small amount of copper. Nickel-plated steel five cent pieces are considered circulation coins, while pre-1982 versions are considered rare and collectible. But they still have a lower value than the pre-1982 five-cent pieces. They are also worth $0.09 CAD and are often sought after by collectors.
The reverse of the 1973 Canadian nickel has a smaller bust than the one in the obverse. The design also includes a dual-date feature. Because the obverse die was designed for a different design, this coin features a retooled obverse die, which ensures the coin’s metal flow is uniform and the obverse portrait is symmetrical. A mistake caused by the obverse design could result in a rare coin being produced.
A rare five-cent coin from 1921 is considered the “Prince of Canadian Coins”. While the mint only produced about 400 specimens of this coin, it is still valued at between US$115,000 to $67,082 USD. At auction, the finest known specimen of this coin recently sold for US$115,000 to a private collector. If you are interested in buying a rare Canadian nickel, this is the perfect time to buy.
The price of a 1973 canadian nickel can vary significantly, so a little research will go a long way. You can visit NGC’s online store to research coin values. There are many reference materials available, including a guide to Canadian coins. For example, you can learn the historical background of the coin. If you’re unsure of the value of a particular coin, you can consult the NGC World Coin Price Guide.
Coins from this era are extremely rare. A 1973 Canadian nickel, for example, could sell for as much as $40000 USD. This coin is particularly unique because it features a tiny dot underneath the date, indicating that it was minted during the Great Depression. As a result, a 1973 nickel is very rare. Unlike a contemporary coin, the 1973 version has been minted only a small number of times, and its rarity has contributed to its high value.
Throughout its history, the composition of nickel has changed several times. During World War II, the metal was essential for armour production. For example, the 1942 coins were made of a copper-zinc alloy called tombac, which means “brass”. The 1944 and 1945 Canadian nickel coins were made of steel that was plated twice with nickel. After both wars, the coins returned to pure nickel. Its composition has remained stable since then.