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1966 Canadian One Dollar Coin

Posted: Sun Jan 10, 2021 2:54 pm
by LizzieB
1966 Canadian Dollar Coin Flip Side.jpeg
1966 Canadian Dollar Coin Flip Side.jpeg (331.17 KiB) Viewed 4595 times
1966 Canadian Dollar Coin.jpeg
1966 Canadian Dollar Coin.jpeg (274.06 KiB) Viewed 4595 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

Re: 1966 Canadian One Dollar Coin

Posted: Sun Jan 10, 2021 3:31 pm
by TBH
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.

Re: 1966 Canadian One Dollar Coin

Posted: Mon Jan 11, 2021 9:24 am
by LizzieB
Thanks very much. I appreciate your advice. It's not a family heirloom at all. I may cash it in.

Re: 1966 Canadian One Dollar Coin

Posted: Mon Jan 11, 2021 12:36 pm
by Bill in Burl
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.