CCN’s COVID-19 medal available in silver, cupronickel, bronze

CCN’s COVID-19 medal features a reverse design by 57-year-old collector Anthony Wait, of Edmonton, Alta.

After a close competition between six contestants who submitted a dozen designs, CCN’s COVID-19 medal is now ready to order. Anthony Waite, 57, of Edmonton, Alta., submitted the winning design featured on the reverse of the medal, which will be available in three compositions, including silver, with a limited mintage of 100, plus cupronickel and... Continue reading →

Hobo nickels, a growing art form, ‘like meditation’ for carvers

Hobo nickels originated in the United States, where early carvers took advantage of the low-value 1913 ‘Indian Head’ nickel, whose large portrait lends itself to sculpting.

A burgeoning art form that has steadily gained momentum since the early 1980s, carving hobo nickels “feels like meditation” to one Canadian producer. Because they are individually carved, hobo nickels – essentially bas-relief sculptures – are all unique works of art, something that appeals to collectors and carvers alike. While there’s no Canadian club focusing solely on... Continue reading →

Early Canadian numismatists gave hobby life

A 1906 bronze medal marking the bicentennial of the Château Ramezay, where the Antiquarian and Numismatic Society of Montréal met after forming in 1862 as the Montréal Numismatic Society.

As Canada came to the fore of the numismatic world in the mid-19th century, it was on the backs of numismatic researchers and writers like Robert Wallace McLachlan. Born in Montréal in 1845, McLachlan amassed the most extensive coin collection in 19th-century Canada. What was in 1894 more than 8,000 pieces, ranging from ancients to... Continue reading →

Banknotes, bullion drive success in Premier Auction

A 1935 Series $50 note in Very Fine-20 brought $4,427.50 as Lot 1062 of this September’s two-session Premier Auction.

Nearly 1,300 lots crossed the block this September during Colonial Acres’ two-session Premier Auction, which topped 100 active online bidders and hit a successful sell-through rate of three-quarters. Paper money, bullion and high-quality key-date coins led the way in the Sept. 11-12 sale, which saw strong realizations in each of those three sections. Aside from... Continue reading →

Numismatics’ tangled web uncovered by research, writing

Stanley Clute (left) receives the J. Douglas Ferguson Award, the highest distinction in Canadian numismatics, from Ron Greene at last year's Royal Canadian Numismatic Association Convention.

Numismatic history dates back to at least the Renaissance (1300-1600) and possibly even to ancient times. Through the centuries, numismatics’ backbone has been research and writing, which remain at the forefront of the hobby today. Research and writing are how seasoned collectors break new ground – the inexorable march of numismatic progress – but it’s... Continue reading →

Banks falter following 1870s ‘Long Depression’

An 1882 $4 banknote, the first of that denomination issued by the Dominion of Canada, crossed the block as Lot 955 of the 2018 Toronto Coin Expo Spring Sale. Described as 'Very Fine,' it sold for $4,080 (including buyer’s premium). Photo by Geoffrey Bell Auctions.

The relative success of Canada’s Dominion Bank Act, which shifted control of the banking industry to the government beginning in 1870, was exacerbated by the Long Depression a few years later. A worldwide recession, the Long Depression was triggered by the so-called “Panic of 1873,” which was driven by several factors and quickly strained bank... Continue reading →

RCNA Auction going ahead online with 1,944 lots

A 1920 Home Bank of Canada $5 note is expected to bring $45,000-$50,000 as Lot 27 of the upcoming RCNA Auction.

While the annual convention of the Royal Canadian Numismatic Association (RCNA) was cancelled due to COVID-19, the show’s four-session auction is going ahead online. The 1,944-lot auction was originally scheduled to take place at the July 21-25 convention in Halifax, N.S.; however, with the pandemic causing widespread event cancellations since mid-March, the sale was pushed... Continue reading →

Medals ‘under-appreciated’ in Canadian numismatics

A rare silver Confederation medal designed by Joseph Shepherd Wyon and his brother Alfred Benjamin Wyon sold for $2,750 (plus buyer's premium) at auction in 2011. (Photo by Geoffrey Bell Auctions)

Despite their inclusion in some of the most significant Canadian numismatic collections of all-time, medals remain an “under-appreciated” area of the hobby in this country. Going as far back as April 1895, when the Gerald Hart Collection was sold in New York by auctioneer Henry Merry, medals played a prominent part in collectors’ interests. The... Continue reading →

Government shifts power from chartered banks

Believed to be a deceptive contemporary counterfeit, some of which remain collectible today, an early Montréal Bank $20 note realized $1,000 as Lot 3415 of the February 2015 Canadian Legacy Sale II by Moore Numismatic Auctions and Canadian Coin & Currency.

For their issuers, banknotes have always been a product of necessity. The card money used to pay soldiers in New France, the early notes issued by chartered banks to control the money supply, and even Canada’s modern notes – upgraded about every decade to combat counterfeiting – are examples of how banknotes serve society’s financial needs.... Continue reading →

Community remembers Don Olmstead as a ‘giant, a mentor and a rock’

Celebrated paper money dealer Don Olmstead, of St. Stephen, N.B., died in his hometown on June 20.

Long-time dealer Don Olmstead, who was also a frequent contributor to CCN Trends, died on June 20 after a “short but courageous” battle with cancer. A long-time member of the Canadian Association of Numismatic Dealers (CAND), Olmstead specialized in paper money and served the collecting community since 1976 as Olmstead Currency. Aside from his vast numismatic... Continue reading →

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