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The value of a canadian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. The melt and minimum value of a 1 cent 1950 is $0.04 CAD.1923 Small 1-Cent
Large cent coins were minted from 1858 until 1920, when they were replaced by the small cent coin. The 1923 small cent is the rarest date among Canadian coins. A 1923 small 1-cent can fetch from $25.00 to $3,374 CAD.$100 in 1950 is worth $1,153.54 today
The dollar had an average inflation rate of 3.45% per year between 1950 and today, producing a cumulative price increase of 1,053.54%.
- 1936 Dot Penny. Image courtesy of Heritage Auctions. …
- TIE Between the 1955 “No Shoulder Fold” (NSF) and 1954 NSF 1-Cents. …
- 1955 NSF 1-Cent. …
- 1954 NSF 1-Cent. …
- 1953 “Shoulder Fold” (SF) Penny. …
- TIE Between 2006 “Magnetic” 1-Cent and 2006 “P” no logo, non magnetic 1-Cent. …
- 1923 1-Cent. …
- 1925 1-Cent.
Contents
What year of pennies are worth money Canada?
1923 Small 1-Cent
Large cent coins were minted from 1858 until 1920, when they were replaced by the small cent coin. The 1923 small cent is the rarest date among Canadian coins. A 1923 small 1-cent can fetch from $25.00 to $3,374 CAD.
What old Canadian pennies are worth money?
- 1936 Dot Penny. Image courtesy of Heritage Auctions. …
- TIE Between the 1955 “No Shoulder Fold” (NSF) and 1954 NSF 1-Cents. …
- 1955 NSF 1-Cent. …
- 1954 NSF 1-Cent. …
- 1953 “Shoulder Fold” (SF) Penny. …
- TIE Between 2006 “Magnetic” 1-Cent and 2006 “P” no logo, non magnetic 1-Cent. …
- 1923 1-Cent. …
- 1925 1-Cent.
What is a 1950 Canadian dollar worth?
$100 in 1950 is worth $1,153.54 today
The dollar had an average inflation rate of 3.45% per year between 1950 and today, producing a cumulative price increase of 1,053.54%.
How much is a 50 cent Canadian coin worth?
To the above left is a Canada 50 cent piece made of nickel (worth face value). To the right is a Canada Silver 50 cent piece (1967 and earlier) worth at least $5 each.
What Canadian coins are worth keeping?
- 1911 Canadian Silver Dollar (known examples: 2) …
- 1936 dot 1 cent (known examples: 3) …
- 1936 dot 10-cents (known examples: 5) …
- 1969 Large Date 10-cents (known examples: 16) …
- 1916 C Gold Sovereign (known examples: less than 50) …
- 1921 50-cents (known examples: less than 75)
What is the rarest coin in Canada?
- Edward VII Gold Specimen Sovereign. …
- Victoria 25 Cents 1892. …
- George V Specimen Dollar 1935. …
- Edward VII 25 Cents 1905. …
- George VI Specimen Dollar 1948. …
- Elizabeth II Prooflike “Shoulder Fold” Dollar 1953. …
- George V Gold 10 Dollars 1914.
What year pennies are worth keeping?
Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy. Improperly prepared dies can result in coins with a “double” image.
What can I do with Canadian pennies?
A Penny Saved is a Penny Earned
You’ll need to get coin rollers from the bank or stationery store, and roll up your pennies, fifty per roll, and then you can get cash for them from your bank. Some banks have machine coin counters in their lobbies, but keep in mind that some of those coin counters charge a service fee.
How much is a 1952 Canadian penny worth today?
1 cent 1952 prices and values
The minimum value of a 1 cent 1952 is $0.02, due to the value of the metal that composes it.
How much was $1 worth in 1950?
| Cumulative price change | 1,129.51% |
|---|---|
| Average inflation rate | 3.55% |
| Converted amount ($1 base) | $12.30 |
| Price difference ($1 base) | $11.30 |
| CPI in 1950 | 24.100 |
Can you melt Canadian pennies?
Is it illegal to melt or deface Canadian coins? The Currency Act and The Canadian Criminal Code clearly state that no person shall melt down, break up or use otherwise than as currency any coin that is legal tender in Canada.
How much is a dollar from 1950 worth today?
The U.S. dollar has lost 92% its value since 1950
$100 in 1950 is equivalent in purchasing power to about $1,212.85 today, an increase of $1,112.85 over 72 years. The dollar had an average inflation rate of 3.53% per year between 1950 and today, producing a cumulative price increase of 1,112.85%.
How much is a 1950 50 cent piece worth?
A 1950 edition half dollar can start around $13 in very fine condition, and may trade for about $1 more if in extremely fine condition. Prices may rise from this level according to the coin’s grade and overall condition.
Where can I find the value of old coins?
Go to a numismatics trade show.
Whether or not you’re interested in actually selling your coin, you can use this as an opportunity to determine its “buy” value. Talk to some dealers. Show them the coin(s) you have and ask them if they’re interested in buying.
What is a 2021 50 cent piece worth?
It’s unusual to encounter a half dollar in circulation these days but not that the coins are hard to come by. All circulation strike Kennedy half dollars from 1971 and later are only valued at 50 cents face value.
What year pennies are worth keeping?
Lincoln pennies that were minted between 1959 and 1982 tend to be worth more since they are almost 100 percent copper, rather than an alloy. Improperly prepared dies can result in coins with a “double” image.
Is a 1964 Canadian penny worth anything?
The minimum value of a 1 cent 1964 is $0.02, due to the value of the metal that composes it.
Is a 1965 Canadian penny worth anything?
The minimum value of a 1 cent 1965 is $0.02, due to the value of the metal that composes it.
Is a 2006 Canadian penny worth anything?
If you discover a 2006 magnetic, no P, no logo specimen in your penny jar, you might get $50 for it. But the real prize is for uncirculated coins – factory fresh, mint condition. And on eBay, one of the uncirculated pennies recently sold for $500, uncertified.
Coins and Canada – 1 cent 1950 – Canadian coins price guide, value, errors and varieties
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Old & Rare Canadian Coins Worth (a Lot) of Money | LoveToKnow
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The Rarest Canadian Coins Worth Money
The Rarest Canadian Pennies
Where to Buy Rare Canadian Coins
Tips for Collecting
Thrill of the Hunt
Value of 1950 Canadian dollars today | Canada Inflation Calculator
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The Canadian dollar has lost 92% its value since 1950
Buying power of $100 in 1950
How to calculate inflation rate for $100 since 1950
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Coins and Canada – 50 cents 1950 – Canadian coins price guide, value, errors and varieties
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1 Cent 1950-1959 | Colonial Acres Coins
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1950 canada penny: Search Result | eBay
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Canada 1950 1 Cent Copper One Canadian Penny | eBay
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1950 George VI Small Cent Mintage, Photos, Specifications, Errors, Varieties, Grading and Much More
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Canada Cent KM 41 Prices & Values | NGC
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Top 6 1950 canadian penny coin value in 2022 – Meopari
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1 1950 George VI Small Cent Mintage Photos Specifications Errors Varieties Grading and Much More
2 Canada Cent KM 41 Prices & Values NGC
3 1950 Five Penny Nickel Specimen Pricing Guide Canada Coin Prices
4 1 Cent – George VI (without ET INDIMP) – Canada – Numista
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6 1950 Lincoln (Wheat) Penny Value JM Bullion™
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Canadian coins price guide, value, errors and varieties
1 cent 1950
1 cent 1950 prices and values
The value of a canadian coin depends on several factors such as quality and wear, supply and demand, rarity, finish and more. The melt and minimum value of a 1 cent 1950 is $0.04 CAD.
Circulated
Uncirculated
SP
Variety AG-3 G-4 VG-8 F-12 VF-20 EF-40 AU-50 – – $0.15 $0.15 $0.20 $0.40 $0.80 Select a date or variety to find the values and prices of all grades available.
Variety MS-60 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67 $1.95 $5.00 $11.60 $24.60 $56.80 $1,650 – Select a date or variety to find the values and prices of all grades available.
Variety SP-60 SP-62 SP-63 SP-64 SP-65 SP-66 SP-67 – – $73.50 $97.10 $183 $616 – SP (Specimen): Special collectors coins struck at the Mint with a frosted/mirror appearance on the design and effigy from 1996 to 2022. Before 1996, if specimen coins have been removed from their protective envelope or original package, it is harder to differentiate them from PL coins. Specimen coins are struck up to two times on numismatic presses.
View the average prices of certified 1 cent 1950 sold at auctions »
Errors and varieties from the community
Most of the following pictures come from the generous contribution of the community. Titles attributed to them doesn’t always reflect the exact error or variety on them. Feel free to let us know in the discussion board if you see one picture that need to be fixed.
Planchet errors and varieties Source #684 Die errors and varieties Source #3757 #3944 #647 #3756 #1970 #3758 #2011 #1573 Miscellaneous / Unclassified Source #1997 #1984
Mintage
1 cent 1950 : 60,444,992
Specifications
Alloy: 98% copper, 0.5% tin and 1.5% zinc
Weight: 3.24 grams
Diameter : 19.05 mm
Engraver: Obverse: T.H.Paget, Reverse: G.E. Kruger-Gray
Designer: Obverse: T.H.Paget, Reverse: G.E. Kruger-Gray
Edge: Smooth
Magnetism: Nonmagnetic
Die axis: ↑↑
Population Report
The Population Report below shows the census of certified 1 cent 1950 circulating coins by major TPG companies. PCGS and NGC specimen coins are included in Mint State grades.
TPG Total BS-1 FR-2 AG-3 G-4 G-6 VG-8 VG-10 F-12 F-15 VF-20 VF-25 VF-30 VF-35 EF-40 EF-45 AU-50 AU-53 AU-55 AU-58 MS-60 MS-61 MS-62 MS-63 MS-64 MS-65 MS-66 MS-67 MS-68 MS-69 MS-70 108 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 66 30 4 0 0 0 0 93 0 0 0 0 0 0 0 0 1 2 0 0 0 1 0 1 0 0 0 5 0 4 28 40 11 0 0 0 0 0 16 0 0 0 0 0 0 0 0 0 1 0 0 0 0 3 0 0 0 0 1 0 1 4 3 3 0 0 0 0 0 201 0 0 0 0 0 0 0 0 1 3 0 0 0 1 3 1 0 0 0 6 0 6 39 109 44 4 0 0 0 0
Sources : PCGS : Pop Report from October 17, 2019. CCCS : Pop Report from October 17, 2019. NGC : Pop Report from October 16, 2019. ICCS : Data not available at this time.
Last update : Monday, June 20, 2022
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Old & Rare Canadian Coins Worth (a Lot) of Money
Serious coin collectors search high and low for certain Canadian coins, sometimes paying top dollar to acquire an example for their collection. Although there are a number of factors that contribute to the value of Canadian coins, rarity is among the most important.
The Rarest Canadian Coins Worth Money Some of the rarest and most valuable Canadian coins are those that were produced by accident and feature a minor error. Others were produced in short runs. Still other coins were made of precious metals like gold or silver and are rare because most were melted down for their metal value. Values are listed in either Canadian (CAD) or US Dollars (USD). Related Articles Winchester Firearms Values of Antique Models
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Canadian Silver Nickel – Any Year Prior to 1922, Canadian nickels were made of “coin silver” (800 parts silver) or sterling silver (925 parts silver). The last of these coins were minted in 1921. Because of their high silver content, people have melted many of the coins over the years. Now they are extremely rare. These coins are regularly faked, so it’s very important that you have a coin appraised before purchasing it.
1936 Canadian “Dot” Dime Fetching $184,000 at auction, the “dot” dime of 1936 is another great collector’s coin. This dime was actually produced in 1937, and the dot was added to the 1936 design. Very few of these coins exist, perhaps only five. They are currently valued from $144,500 to $245,000.
1921 50-Cent Piece Known as the “king of Canadian coins,” this 50-cent piece is so rare that there may only be about 50-100 in circulation. A large number of these coins were minted in 1921, but very few entered circulation. The vast majority of them were melted down to create the later versions of the 50-cent piece. The remaining coins are so rare that in 2010, one fetched $218,500 at auction. Uncirculated 1921 50-cent coins are currently valued from $104,500 to $335,400 CAD.
Victoria 50-Cent Piece in Near-Mint Condition Although a number of these 50-cent pieces, featuring Queen Victoria, were minted in the late 19th century, very few survived in mint or near-mint condition. These pristine examples now fetch high prices at auction. A 1899 Victoria 50-cent coin is currently valued from $103 through $50,150 CAD.
1911 Canadian Silver Dollar The 1911 Canadian Silver Dollar held the record of the world’s most valuable coin. Only two Canadian silver dollars were struck, and one is housed at the Canadian Currency Museum in Ottawa. This leaves only one 1911 Canadian silver dollar available to collectors. In 2019 it sold to a private collector for $552,000 USD. In a previous sale, this coin sold for $1,066,000.
1916 C Gold Sovereign A sovereign is a British one-pound gold coin that was struck at the Royal Canadian Mint from 1908 to 1919. The 1916 C gold sovereign is rare, with about fifty known. The value of uncirculated 1916 Gold Sovereigns range from $33,300 to $218,000 CAD.
1969 Large Date 10-Cents When the 10-cent 1969 coins were made, there was an error and inadvertently, some Large date coins were made instead of the Small date. The 1969 large date 10-cent coin is extremely rare, it’s estimated that only 20 to 30 are in circulation. They are currently valued at $11,300 to $21,900 CAD.
1921 Silver 5-Cents In 1921 the Royal Canadian Mint intended to introduce a new 5 cent coin made of nickel for the 1922 coinage. In preparation for its launch, the mint melted down its entire inventory of silver 5 cent coins, nearly all of which were 1921s. Only 400 silver 5-cents coins are believed to have survived. These coins are currently sell at auction for $2,261 to $67,082 CAD.
The Rarest Canadian Pennies The last Canadian pennies were struck at the Royal Canadian Mint in Winnipeg on May 4, 2012. Canadians with pennies to spare were asked to take their pennies to banks and other financial institutions so that they could be taken out of circulation and the metals recycled. If you still have Canadian pennies, you can’t spend them but the banks will still take them. Make sure you hold on to the rare pennies on this list.
1936 Canadian “Dot” Penny At a 2010 auction, a Canadian penny made headlines for fetching more than $400,000 USD. The reason for this high price tag was rarity. Only three such pennies are known to exist. What makes the penny special is that beneath the date, there is a tiny dot. This dot indicates that the penny was actually made in 1937, rather than 1936.
1953 Shoulder Fold (SF) Penny The Canadian penny was redesigned in 1953 with the coronation of Queen Elizabeth, and the first design for the backside of the coin featured a fold in the queen’s gown. When this design was used for the minting it caused problems with equipment and quality. The backside was redone later in 1953 to eliminate the shoulder fold, which made the original design very rare. These pennies have sold for up to $2,000 CAD at auction.
1955 No Shoulder Fold (NSF) Penny The 1955 No shoulder fold is one of the rarest Canadian pennies ever struck. A few 1955 pennies were mistakenly struck with the older design dies. These have sold for up to $5,500 CAD at auction.
1923 Small 1-Cent Large cent coins were minted from 1858 until 1920, when they were replaced by the small cent coin. The 1923 small cent is the rarest date among Canadian coins. A 1923 small 1-cent can fetch from $25.00 to $3,374 CAD.
1925 small 1-Cent Fewer 1925 small cent coins were minted than and another Canadian penny. Uncirculated 1925 1-cent coins sell for $220 to $3374 CAD.
Other Rare and Valuable Canadian Pennies The small 1-cent pennies listed below can sell for from $10 through thousands of dollars, depending on their condition. 1921 small 1-cent
1922 small 1-cent
1924 small 1-cent
1926 small 1-cent
2012 Canadian Pure Silver Farewell Penny The last penny to be produced for Canadian circulation is housed at Currency Museum of the Bank of Canada in Ottawa. However, The Royal Canadian mint issued several commemorative 2012 Farewell 1-cent coins. A 2012 Canadian Pure silver 1-cent farewell Penny, for sale on eBay, was priced at $1199.95 CAD.
Where to Buy Rare Canadian Coins If you’re looking for Canadian coins online, the following sites sell rare examples: 2 Clicks Coins – This site has a collector coin classified section, where you can find many rare coins, including silver dimes and quarters. It also offers detailed information and photos of other rare coins.
Provident Metals – This shop sells rare coins from all over the world, as well as Canadian silver coins.
CoinMart – This is another source for coins from around the world and in Canada. The selection is constantly changing.
Tips for Collecting Coin collecting can be fun, but it’s also an investment. Making smart choices in which coins you want and how much you’re willing to pay is very important. Keep the following tips in mind when collecting Canadian coins: It often takes an expert to spot a fake or counterfeit coin. If you’re considering something very rare or valuable, have it professionally appraised.
Learn as much as you can before you start buying. My Coin Collecting and offers great information for a beginning collector.
Remember that if something seems too good to be true, it probably is. Because the above coins are especially rare, you’re not likely to run into them on auction sites.
Top 10 Rare Canadian Pennies
Can You Find the “rare” Canadian Penny!
Welcome to the Top 10 Rare Canadian Pennies. If you’re interested in collectible and rare pennies, then this is the post for you.
***Do you have some coins that you think might be worth some money? I get lots of questions about various coins. Search for them using the search box at the top right hand side of this website.***
Pennies are among the oldest coins ever minted for Canada. The large cent was minted from 1858 until 1920 when it was replaced by the small cent. The small cent was minted from 1920 until the Harper government retired it and removed it from circulation in 2012.
In case any of you are wondering what to do with your unwanted pennies, the banks will still accept them. Just make sure you don’t get rid of any of the rare pennies on this list! Without further ado, my Top 10 Rare Canadian Pennies!
Most Valuable Canadian Pennies
1. 1936 Dot Penny
Image courtesy of Heritage Auctions
Coming in at number 1 on this list of rare Canadian pennies is the renown 1936 “dot” penny. This penny is the undisputed “King” of Canadian Pennies!
The story of how the 1936 “dot” coins came into being involved King Edward VIII’s sudden abdication in late 1936 which saw George VI ascend to the throne. That event caused a major problem for the Royal Canadian Mint (RCM) because they didn’t have any dies with the new king’s effigy on them to strike the 1937 coinage. Their solution was to produce a small number of 1936 coins with a tiny raised “dot” just below the date to denote that they were struck in 1937.
Only 3 denominations were ever struck with the “dot”: 25-cents, 10-cents and 1-cent pieces. The 1936 “dot” 1-cent coin is the rarest of them all with only 3 mint state examples known to exist. One example sold at a 2010 coin auction for over $400,000!
Early Elizabeth II Laureate Portrait Rarities
Three early Elizabeth II pennies that feature the Laureate Portrait are especially rare on this list of rare Canadian pennies.
The first design was created in early 1953 and featured the portrait of the queen without a “fold” or “shoulder strap” on her gown. This design was too high of relief.
In late 1953, in an effort to create a truer representation of the portrait, a second design that had a lower relief and featured the “fold” or “shoulder strap” of the queen’s gown was created.
It can be very difficult to tell the two apart (especially on well circulated examples).
The easiest way to tell them apart is by looking at the letter “I” in the word “DEI” near the rim of the coin. If the “I” is flared and points between 2 rim denticles then it is the “no shoulder fold” variety. If the “I” appears to be straight and lines up with a rim denticle then it is the “shoulder fold” variety.
2. TIE Between the 1955 “No Shoulder Fold” (NSF) and 1954 NSF 1-Cents
Image courtesy of icollector.com
1955 NSF 1-Cent
The 1955 NSF penny is one of the rarest Canadian pennies ever struck. By mistake, a small number of 1955 pennies were struck with the older design “no shoulder fold or strap” dies.
These examples typically sell anywhere from several hundred to several thousands of dollars at auction.
1954 NSF 1-Cent
A small number of 1954 pennies were struck with the NSF obverse dies. They can be found in the proof-like sets and typically sell for a couple of thousand bucks at auction.
3. 1953 “Shoulder Fold” (SF) Penny
Image courtesy of CoinsandCanada.com
While most 1953 pennies were the NSF variety, by late 1953, the lower relief “shoulder fold” or “shoulder strap” variety had become the standard obverse design for the pennies of this series.
A small number of the 1953 pennies were struck with newly upgraded dies and are tough to find. They can sell anywhere from $25 to several hundreds of dollars at auction.
4. TIE Between 2006 “Magnetic” 1-Cent and 2006 “P” no logo, non magnetic 1-Cent
Image courtesy of icollector.com
The majority of the pennies on this list are quite old and pre-date 1955. Just to show people that coins don’t necessarily have to be old to be rare, I’ve included two modern rarities: the 2006 no “P” no logo, magnetic (steel core) penny and the 2006 “P” no logo, non magnetic variety. Both are tough finds with perhaps the latter being a bit more rare.
In 2006 the Royal Canadian Mint was experimenting with different designs and metals for the penny. Six types of 2006 pennies were produced: 2006 non magnetic, 2006 magnetic; 2006 P non magnetic, 2006 P magnetic; 2006 logo non magnetic, and 2006 logo magnetic.
Some of the pennies are worth…well a penny! Others are quite rare and can fetch several hundreds of dollars at auction. The two to look out for are the 2006 no “P” and no logo, magnetic and the 2006 “P” no logo, non magnetic variety. The trend prices for the former are a few hundred bucks, while the latter can fetch nearly $1,000!
Pennies from the early 1920s
A combination of low mintages and low survival rates make pennies from the early to mid 1920s some of the toughest coins to find and, therefore, not only are they highly collectible but they can be decent investments as well.
Pennies dating from the years 1922-1926 are key dates for this collection with 1921 and 1927 being semi-key dates. These coins, especially in higher grades are highly prized by collectors.
5. 1923 1-Cent
The 1923 small cent is the rarest date among Canadian pennies. The official mintage for this date is 1,019,022 and while a few more were struck than the lower mintage 1925, it appears as though far fewer survived.
Low grade examples can sell for around $30-$50, while high end mint-state examples can sell for between $3,000-$10,000 at auction.
6. 1925 1-Cent
The 1925 small cent has the lowest mintage of all Canadian pennies. At just over one million strikes this is a rare penny indeed.
A low grade example can cost about $30, while high grade mint state examples can fetch anywhere from $2,000 to $5,000 at auction.
7. 1922 1-Cent
The official mintage for the 1922 small cent is 1,243,635 and they are tough to find.
A low grade example can sell for about $20 with higher end mint-state coins selling for several thousand dollars at auction.
8. 1924 1-Cent
The official mintage of the 1924 small cent is 1,593,195. While the mintage certainly exceeds that of the much rarer 1923s and 1925s, it is still a very low mintage and when one considers the price trends for this date, I feel that this could be an undervalued coin.
Low grade can sell for $10, while higher end coins can fetch several thousands of dollars at auction.
9. 1926 1-Cent
The official mintage of the 1926 small cent is 2,143,372. Low grade examples can sell for a few bucks, while higher grade coins can sell for thousands of dollars at auction.
10. 1921 1-Cent
The final coin on this list of rare Canadian pennies is the 1921 small cent. The official mintage for the 1921 small cent is 7,601,627 which makes it the least rare of all the denominations for the 1921 coinage.
It’s not uncommon to find low end examples of these coins selling in coin shops for a few bucks, while higher end mint-state examples can sell for thousands at auction.
If you have a penny collection or are interested in starting one here’s a neat presentation folder to house your penny collection:
Canadian Cents 1920-2012 A Collector’s Folder by Krause Publications
Do You Have Any Rare Coins? What Are They Worth?
***Do you have some coins that you think might be worth some money? I get lots of questions about various coins. Search for them using the search box at the top right hand side of this website.***
For more information about Rare Canadian coins check out these titles from Amazon:
James A. Haxby’s A Guide Book of Canadian Coins
See Also 2019 Charlton Coin Guide 58th Ed.
Protect and Preserve Your Coins
It’s no secret that the most valuable coins are ones that are well preserved. I highly recommend using the individualized 2×2 coin holder. I’ve used them for years for my own coins and they can be kept in a special coin album.
Thanks for reading this article on rare Canadian pennies. If you’ve enjoyed this article, see my other articles on collecting and investing in rare coins:
Rare Canadian Quarters
Investing in Rare Coins
Top 10 Rare American Coins
Top 10 Rare Canadian Coins
Top 10 Rare Canadian Nickels
Modern Rare Canadian Coins
Rare Victorian Quarters
The Thousand Dollar Bill
Top 10 Silver Bullion Coins
Top 10 Gold Bullion Coins
Thanks for reading this article on the most valuable Top 10 Rare Canadian Pennies.
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