Both are tough finds with perhaps the latter being a bit more rare. 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. The majority of the pennies on this list are quite old and pre-date 1955. TIE Between 2006 “Magnetic” 1-Cent and 2006 “P” no logo, non magnetic 1-Cent They can sell anywhere from $25 to several hundreds of dollars at auction. 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.Ī small number of the 1953 pennies were struck with newly upgraded dies and are tough to find. They can be found in the proof-like sets and typically sell for a couple of thousand bucks at auction.
1954 NSF 1-CentĪ small number of 1954 pennies were struck with the NSF obverse dies. These examples typically sell anywhere from several hundred to several thousands of dollars at auction. By mistake, a small number of 1955 pennies were struck with the older design “no shoulder fold or strap” dies. The 1955 NSF penny is one of the rarest Canadian pennies ever struck. TIE Between the 1955 “No Shoulder Fold” (NSF) and 1954 NSF 1-Cents If the “I” appears to be straight and lines up with a rim denticle then it is the “shoulder fold” variety. If the “I” is flared and points between 2 rim denticles then it is the “no shoulder fold” variety. The easiest way to tell them apart is by looking at the letter “I” in the word “DEI” near the rim of the coin. It can be very difficult to tell the two apart (especially on well circulated examples). 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. The first design was created in early 1953 and featured the portrait of the queen without a “fold” or “shoulder strap” on her gown. Three early Elizabeth II pennies that feature the Laureate Portrait are especially rare on this list of rare Canadian pennies. One example sold at a 2010 coin auction for over $400,000! Early Elizabeth II Laureate Portrait Rarities The 1936 “dot” 1-cent coin is the rarest of them all with only 3 mint state examples known to exist. Only 3 denominations were ever struck with the “dot”: 25-cents, 10-cents and 1-cent pieces. 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. 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. 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. This penny is the undisputed “King” of Canadian Pennies! 1936 Dot PennyĬoming in at number 1 on this list of rare Canadian pennies is the renown 1936 “dot” penny. 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. In case any of you are wondering what to do with your unwanted pennies, the banks will still accept them. The small cent was minted from 1920 until the Harper government retired it and removed it from circulation in 2012.
The large cent was minted from 1858 until 1920 when it was replaced by the small cent. Pennies are among the oldest coins ever minted for Canada. If you’re interested in collectible and rare pennies, then this is the post for you. Check your pocket change and old jars because these are the most valuable pennies that are worth a lot of money. Welcome to the Top 10 Rare Canadian Pennies.
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