1913 Canadian 25 cent

[Chingching]

Where can I sell it and all my other Canadian coins. And is there a Canadian Superman coin?

[thebeav]

Hi Andrea,

Welcome to this board.

Your Canada quarter is pretty scruffy. It looks like a metal detector find (harshly cleaned obverse), like it spent time in the ground.

Of course, with most collectibles, condition is very important. Unless, of course, something is an extreme rarity.

You can probably get from 5 to 8 dollars for your quarter on ebay. You may get lucky and get a few dollars more than that !

[Just Bob]

10 hours ago, Chingching said:

And is there a Canadian Superman coin?

 

Yes, there is a Superman bullion coin, but it has caused the Canadian mint some problems. Here is a quote from 2016 from the CBC:

 

Canada's silver Superman coins have been like kryptonite to the bottom line of the Royal Canadian Mint.

In 2011, the mint began selling a series of silver collectible coins, with a face value of $20, at a time when the price of silver was soaring. The cost to buy one was also just $20, tax free.

 

Superman, Bugs Bunny, the starship Enterprise and other catchy images on the coins attracted hundreds of thousands of coin collectors and investors, and fattened revenues at the Crown corporation. More than 4.2 million such coins have been struck to date.

But the price of silver has fallen dramatically in the five years since, and Canadians are returning the coins by the truckload, protected from the fall in silver prices by that fixed $20 face value which the mint must pay back on request.

Stung by the massive returns, the mint abruptly ended its so-called Face Value collectible coin business earlier this year, and has taken a big hit on its balance sheet.

[Conder101]

Is the mint actually buying them back?  In the past when they issued silver comms that became more valuable as money than metal due to falling silver prices they , and the banks, declined to accept them.

[Just Bob]

According to the CBC website, it has cost the Canadian mint millions. The story I read was.from 2107, and stated that profits in 2016 were down almost 17 million,  and they blamed the buyback for most of that loss. I don't know if they are still buying them back now.

[Chingching]

Buying them back for 25 cents?

[Just Bob]

No, the Superman coin was a 20 dollar bullion coin.

[Just Bob]

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