1966 Canadian One Dollar Coin

General discussions about canadian coins.
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LizzieB
Posts: 4
Joined: Fri Jan 08, 2021 4:03 pm

1966 Canadian One Dollar Coin

Post by LizzieB » Sun Jan 10, 2021 2:54 pm

1966 Canadian Dollar Coin Flip Side.jpeg
1966 Canadian Dollar Coin Flip Side.jpeg (331.17 KiB) Viewed 1309 times
1966 Canadian Dollar Coin.jpeg
1966 Canadian Dollar Coin.jpeg (274.06 KiB) Viewed 1309 times
I have had this coin for many years and just haven't thought about it until a few days ago when I rediscovered it along with a few other coins. It belonged to my parents. As far as I know it's always been in this wrapping and I have been fascinated by it since I was a child wondering why can't we spend it?

I've looked at the site and think I have some idea of it's value, but really I don't. The only thing I saw was that the I in Regina is pointed straight at a dot and that's the difference as far as I can understand.

There is tarnish/oxidization from what I can see. It's never been out of this small packaging.

I would be most appreciative is someone could educate me on this particular coin.
Is it worth keeping or better to sell? If I sold it, where could I do so?

Thanks very much.

Liz

TBH
Posts: 64
Joined: Thu Oct 16, 2008 12:09 am
Location: sunshine coast BC

Re: 1966 Canadian One Dollar Coin

Post by TBH » Sun Jan 10, 2021 3:31 pm

Yours is not the rare small beads variety.
It is not exceptionally high grade.
It is a bullion value item worth about $20.
Silver prices fluctuate so it's value isn't stable.
You have to watch the price of silver and decide when it is best for you to sell.
If it's a family heirloom maybe you should just keep and pass it on.

LizzieB
Posts: 4
Joined: Fri Jan 08, 2021 4:03 pm

Re: 1966 Canadian One Dollar Coin

Post by LizzieB » Mon Jan 11, 2021 9:24 am

Thanks very much. I appreciate your advice. It's not a family heirloom at all. I may cash it in.

Bill in Burl
Posts: 854
Joined: Thu Sep 04, 2008 7:41 am
Location: Golden Horseshoe, ONT

Re: 1966 Canadian One Dollar Coin

Post by Bill in Burl » Mon Jan 11, 2021 12:36 pm

Don't just "cash it in". It is worth $20 Cdn (approx $15 US or nearly so) to a coin person who collects scrap silver to resell. Every face dollar, regardless the denominations, has .6 troy oz of silver. The current silver price for pure Ag is $25.13 US, so that's about $15 US.
Bill in Burl

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