The government has approved a new circulating $2 coin, as well as two new, significantly greater, denominations of non-circulating legal tender coins. An order in council, issued July 2, has authorized coins with the values of $1,000 and $1,250, and the issue of a $2 coin, using the famous image Wait For Me, Daddy, taken in 1940, which shows a young boy catching up to his father, who was marching with his regiment. As a circulating coin, design details are outlined in the order. The coin will show a partial reproduction of the photograph in the centre, and the outer ring will have the words “remember” in English and French, with two laser-mark maple leaves. The edge will have the words “Canada” and “2 dollars,” with maple leaves. Continue reading →
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I was recently reminded of how much in numismatics is more science than art. At a recent auction, I saw two apparently identical lots appear on the block. Now when I stay identical, they were essentially the same coin and year, with the same grade. They both sold, but one sold for close to double that of the lot that followed. That got me to thinking about the challenges of trying to figure out what something is actually worth.
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