April 6, 2007, Newsletter Issue #61: Old Canadian Coins
Tip of the Week
Gordon Lightfoot sang of "a time in this fair land when the railroad did not run/When the wild majestic mountains stood alone against the sun." He's talking about "The Canadian Railroad Trilogy." You need some world coin tips, quick! Can you collect coins before ViaRail? Well, you can buy...
* George V 1930 5-cent coin
* Queen Victoria Penny 1858
* Newfoundland ("Newfie") 1873 Victoria cent
* Doubled George V 1946 5-cent coin
But what about that pre-Canadian railway coin? The first Canadian railway charter was in 1832, when the the Champlain and St. Lawrence Railroad incorporated.
You can buy British tokens before 1832. In the 18th century, French money ruled. Many coin lots include US and Canadian tokens from 1700-1832. A Wellington halfpenny has surfaced from 1814. In 2003, an 1814 Fine Token was valued at $8, Very Fine $20, Extremely Fine $60, all in Canadian dollars. Check current coin value guides for world coins, foreign coins and Canadian coins. Also check eBay, where a token is selling for $15.49 USD and $18.40 Canadian dollars.
You may find it difficult to get your hands on these rare tokens, but when you do, put on Gordon Lightfoot and enjoy a remnant from a simpler era.
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