More variety at Coin Expo sale with two auctioneers

While this fall’s Toronto Coin Expo is cancelled, Alliance Coin & Banknote and Geoffrey Bell Auctions will host the show’s auction on Sept. 30-Oct. 1. The first session’s highlights include a 1996 ‘beaded toonie,’ one of only four examples certified by Professional Coin Grading Service, with an estimate of $6,000-$8,000.

For the first time, the Toronto Coin Expo Fall Sale will feature an auction partnership offering bidders an increased scope of numismatic material over two days. Alliance Coin & Banknote, based in Almonte, Ont., will conduct the sale’s first session on Sept. 30. Geoffrey Bell Auctions (GBA), based in Moncton, N.B., will handle the second... Continue reading →

Numismatics thrives thanks to grading, Internet

Third-party grading has evolved from its humble beginnings in the mid-to-late 1980s to serve as a major resource for collectors and dealers seeking a reliable standard for determining a coin’s condition and attributes.

Third-party grading has driven Canadian numismatics more than anything else in the past 30 years. Now supported by the Internet and its far-reaching research implications, third-party grading has significantly impacted numismatics since it came on the scene in Canada in the mid-1980s. Since then, graders have applied their trusted standards to almost all numismatic material,... Continue reading →

Premier Auction returns with paper money, specimens drawing early interest

A 1904 Bank of Montreal $20 specimen note, certified as Gem Uncirculated-65 EPQ (exceptional paper quality), opens with a $600 starting bid. The 117-year-old chartered note is expected to bring $1,700 as Lot 866 of the Sept. 10-11 Premier Auction.

This September, for the fourth time since the pandemic began in early 2020, Colonial Acres will hold its biannual Premier Auction virtually, with no in-person floor bidding. While the National Postage Stamp & Coin Show, where Colonial typically hosts its Premier Auction, will return to its usual in-person venue on Sept. 11-12, the two-session sale... Continue reading →

63-year collector Bill Kamb wins RCNA’s top award

Bill Kamb, of Powell, Ohio, has won the Royal Canadian Numismatic Association’s highest distinction, the Paul Fiocca Award. Kamb joined the association in 1999.

A long-time collector, leader of the Newfoundland Numismatic Enthusiasts (NNE) and active member of the Royal Canadian Numismatic Association (RCNA), Bill Kamb has received the latter group’s highest distinction. Kamb, of Powell, Ohio, took home the Paul Fiocca Award, which RCNA awards committee chair Bill Waychison called “our most important and significant” honour, during the... Continue reading →

Perth Collection of Newfie cents offered for second time in four months

The 30-coin 'Perth Collection' of Newfoundland cents is once again expected to cross the auction block for $225,000.

After going unsold despite widespread interest this spring, the Perth Collection will once again cross the block during this August’s Royal Canadian Numismatic Association (RCNA) Auction. The Canadian Numismatic Company (TCNC) will offer the 30-piece group lot of Newfoundland copper cents alongside more than 1,000 other lots, including three other named collections, on Aug. 28-31.... Continue reading →

1911, 1935 $500 notes set new records in TCNC sale

A 1911 $500 note (shown) and 1935 $500 note each set new world records this June, selling for $528,750 and $337,812.50, respectively (including buyer’s premium). Both realizations are the highest prices paid for their respective issues.

Even exceeding auctioneers’ expectations, a pair of sought-after $500 banknotes set world records as they drew spirited bidding during this June’s Prominence Sale IV. A 1911 $500 bill (DC-19) crossed the block for $528,750 after 15 bidders put their hats in the ring to own what auctioneers described as the “holy grail” of Dominion of... Continue reading →

CAND looks to ‘improve the profile of our organization’

Canadian Association of Numismatic Dealers President Michael Findlay is working with other hobby officials to explore potential partnerships, including for shows.

After one cancelled convention of its own, as well as countless other shuttered coin shows and dealer stores due to the pandemic, the Canadian Association of Numismatic Dealers (CAND) can finally see a light at the end of the tunnel. The roughly 50-member association representing dealers in Canada and the United States held its first... Continue reading →

High-end market proves safe haven for investors

The only 1933 U.S. ‘Double Eagle’ gold coin authorized for private ownership by that country’s government sold for nearly $19 million US this June. Photos courtesy of Sotheby’s.

With the recent sale of the world’s most valuable coin for $18.9 million US (about $22.8 million Cdn.), the high-end numismatic market continues to prove itself a lucrative safe haven for investors. The only 1933 U.S. “Double Eagle” approved for private ownership, the coin was among the last gold pieces struck for circulation in that... Continue reading →

Classic Canadian paper money to lead Prominence Sale IV

A 1911 $500 note (top) and 1935 $500 note are expected to bring upwards of $200,000 each in the Canadian Numismatic Company’s Prominence Sale IV.

A pair of iconic Canadian banknotes, including the most sought-after issues from before and during the Bank of Canada era, are expected to sell for upwards of $200,000 at a Québec auction this June. The offering includes what auctioneers describe as the “holy grail” of Dominion of Canada banknotes, the 1911 $500 bill (DC-19), plus... Continue reading →

Common tax, financial issues encountered in estate planning

Toronto collector and lawyer Ian Speers advises collectors to properly plan for the future by maintaining an organized collection, drafting a will or estate plan with a lawyer or specialist, choosing an appropriate executor and communicating your plans with all involved parties.

Collectors can encounter several common tax and financial issues, particularly with so-called “capital gains,” when drafting a will or planning an estate. While people can use certain methods to minimize some taxes, capital gains is typically the “biggest tax issue” for collectors, according to long-time Toronto collector and lawyer Ian Speers. Canada’s federally mandated tax... Continue reading →

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