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 →

Suspects in $430K Calgary coin theft arrested, charged in Vancouver

Dealer Joe Iorio, who had $430,310 worth of numismatic material stolen from him this March, commended Calgary Detective Phil Hunt 'for being so diligent in his job.'

A pair of Columbian nationals have been arrested and charged for stealing nearly half a million dollars worth of numismatic material from a Vancouver dealer this March. On March 1, after leaving the Calgary Spring Coin Show & Money Fair, dealer Joe Iorio was checking in at the Calgary Airport when his bags were stolen. Altogether,... Continue reading →

Bank of Vancouver history follows economic growth, decline amid Great War

No $50 or $100 notes issued by the Bank of Vancouver, which operated for fewer than five years in the early 1900s, are believed to exist aside from proofs. (Photo by Bank of Canada Museum)

The Bank of Vancouver was a short-lived Canadian chartered bank established in Vancouver, B.C., on July 30, 1910, before going out of business about four and a half years later later on Dec. 14, 1914. The Bank of Vancouver was one of three B.C. banks that sprang up in the late 19th and early 20th... Continue reading →

Canadian coin market teeming with quality for under $500

There’s more to numismatics than Mint-State coins.

While the general advice is to collect the highest-quality examples available, deep pockets aren’t a prerequisite for having a satisfying hobby – or being an advanced numismatist. Unique or finest-known examples are nice to own, but collectors pay steep premiums for those privileges. There’s more to numismatics than Mint-State (MS) coins. “Collectors don’t always need to... Continue reading →

Five common coin problems and how to avoid them

A 1905 specimen half-dollar re-certified as Uncirculated Details with an 'altered surfaces' designation sold for $3,360 US as Lot 31299 of last year’s sale of the George Cook Collection. A Calgary collector, Cook paid $50,000 to acquire the coin, and his cleaning of it dropped its value by more than 90 per cent. (Photos by Heritage Auctions)

When hunting for coins for their collections – especially those in lower-than-Mint-State condition – collectors are forced to wade through seemingly countless examples to find “the right one.” The prevailing wisdom is for collectors to collect the highest-graded examples they can afford, and judging by the major sales of recent years, that advice is being heeded. The... Continue reading →

Collectors keeping busy under COVID-19 lockdown

Since the age of 14, Paul Johnson has been active in numismatics. He was recently named an Honorary Life Member of the Peterborough Coin Club. (File photo)

Between writing, researching, cataloguing and browsing online offerings to add to their collections, Canadian numismatists have no shortage of tasks to stay busy while under lockdown. As March turned into April, much of Canada was placed under even stricter shelter-in-place and social-distancing orders, which are now expected to last “several weeks, perhaps several months,” according... Continue reading →

Living with collectors in times of crisis

Non-collector Lisa Dare (right) was one of eight speakers at a symposium organized by Scott Douglas (left), then Royal Canadian Numismatic Association education chair, last summer in Calgary.

“In order to be understood, we have to try to understand.” That concept is something Lisa Dare lives and breathes as both an accredited professional consultant and as the wife of a collector. In her day job, she teaches executives, managers and other business leaders the importance of building strong relationships through effective communication. At... Continue reading →

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