Highly desirable rarities include Newfoundland $2 pieces, and gold sovereigns.

"RARE" 1999 $5 GOLD CANADA MAPLE LEAF HOLOGRAM...NGC SP69...PLUS BONUS GIFT US $499.95 (0 Bid) End Date: Sunday May-20-2012 7:05:02 PDT Add to watch list

2001 1/4 oz Gold Maple Leaf Hologram .9999 fine. Rare! US $490.23 (0 Bid) End Date: Sunday May-20-2012 17:21:57 PDT Add to watch list

1999 MAPLE LEAF 1/10 GOLD COIN 20 YEAR ANNIVERSARY -Rare US $170.00 (8 Bids) End Date: Sunday May-20-2012 19:09:54 PDT Add to watch list

1994 GOLD MAPLE LEAF 1/15 oz VERY RARE US $879.26 (0 Bid) End Date: Monday May-21-2012 11:08:32 PDT Add to watch list

2004 $150 Canadian .75 Gold Proof Year of the Monkey Hologram w/ Box & COA -RARE US $44.43 (7 Bids) End Date: Monday May-21-2012 18:14:07 PDT Add to watch list

2001 $150 Canadian .75 Gold Proof Year of the Snake Hologram w/ Box & COA - RARE US $79.00 (6 Bids) End Date: Monday May-21-2012 18:14:07 PDT Add to watch list

2007 $150 Canadian .75 Gold Proof Year of the Pig Hologram w/ Box & COA - RARE!! US $40.99 (4 Bids) End Date: Monday May-21-2012 18:14:08 PDT Add to watch list

1967 Gold Continnial Canada 24K Medal Pure Gold Rare US $2,350.00 (0 Bid) End Date: Tuesday May-22-2012 14:20:32 PDT Add to watch list

2006 CANADA $200 DOLLARS GOLD COIN TIMBER TRADE RARE 3200 COINS ONLY US $1,349.00 End Date: Tuesday May-22-2012 17:11:14 PDT Add to watch list

RARE 1994 Canada Gold Maple Leaf NGC MS66 $2 Dollar Only Year Made 1/15 Oz. US $285.00 End Date: Tuesday May-22-2012 17:14:22 PDT Add to watch list

2005 CANADA $200 DOLLARS GOLD COIN FUR TRADE RARE 3669 COINS ONLY US $1,349.00 End Date: Tuesday May-22-2012 17:15:59 PDT Add to watch list

RARE 1999 MAPLE LEAF 1/10 GOLD COIN 20 YEARS ANNIVERSARY PRIVY MARK UNCIRCULATED US $229.00 End Date: Sunday May-27-2012 11:37:09 PDT Add to watch list

1976 Canada. 100 Dollars. Gold. Rare original packaging. US $540.33 End Date: Monday May-28-2012 5:57:23 PDT Add to watch list

2003 $150 Canadian .75 Gold Proof Year of the Sheep Hologram w/ Box & COA -RARE US $0.99 (0 Bid) End Date: Monday May-28-2012 17:57:34 PDT Add to watch list

2006 $150 Canadian .75 Gold Proof Year of the Dog Hologram w/ Box & COA -RARE US $0.99 (0 Bid) End Date: Monday May-28-2012 17:59:12 PDT Add to watch list

Canada 1914 $10 Gold ICCS MS62 - rare in this grade US $2,451.13 End Date: Wednesday May-30-2012 15:41:26 PDT Add to watch list

2006 CANADA SILVER DOLLAR RED ENAMEL PROOF MEDAL OF BRAVERY RARE US $199.99 End Date: Saturday Jun-02-2012 10:08:51 PDT Add to watch list

2 Rare $5 Gold Maple Leaf~~HEAT BENT & RARE~~~ US $2,650.00 End Date: Wednesday Jun-06-2012 12:47:48 PDT Add to watch list

2007 Canadian Gold Maple Leaf 1 oz .99999 one ounce Five Nines RARE 99999 eagle US $1,829.99 End Date: Thursday Jun-07-2012 9:07:21 PDT Add to watch list

1999 CANADA GOLD 2 DOLLARS NUNAVUT PROOF STRIKE #3146 RARE US $549.00 End Date: Sunday Jun-10-2012 7:35:35 PDT Add to watch list

2001 1/4 oz Gold Maple Leaf Hologram .9999 fine. Rare! US $588.47 End Date: Tuesday Jun-12-2012 21:16:38 PDT Add to watch list

2008 Canadian Gold Maple Leaf 1 oz .99999 one ounce Five Nines RARE 99999 eagle US $1,849.99 End Date: Friday Jun-15-2012 5:43:00 PDT Add to watch list

In order for a coin to be considered rare, it has to satisfy two terms of evaluation. Firstly, the retail coin price and second its current value. The value of the coin mainly depends on the current value of it in the markets. What adds to the value of such rare coins is their scarcity. The scarcer a coin is, the more its value will be. Earlier in its history, Canada mainly used coins of British, American and Spanish descent. It was only in 1858 that coins were minted directly by the Royal Canadian Mint.

As a result, even today many Canadian coins are considered to be very rare. The 1911 silver dollar was described in 1970 as the ‘most valuable coin in the world’ by Guinness Book of Records, and owing to its rarity, was sold for $690,000 US to a Calgary dealer at an auction.

Apart from this silver coin, there are other gold coins that are considered to be very rare such as the Gold Sovereign or the Newfoundland Two Dollars. The Gold Sovereign was first issued in 1489 for Henry VII of England and was made of pure gold. The nominal face value of this coin was £1 or 20 shillings though it was mainly considered to be official bullion and so had no inscription stating its face value. The production of such gold sovereigns was discontinued in 1604 and was replaced by Laurels. In 1817, the minting of such Gold Sovereign coins was started again with the reverse of the coins having a design depicting Saint George slaying a dragon.

Another gold coin considered to be quite rare till today is the Newfoundland Two Dollars coin that had a diameter of 17.98 millimeters and weighed 3.33 grams. These Two Dollar coins were embossed with the picture of Victoria, and had the inscription ‘Newfoundland’ along with the saying ‘By the grace of God, Queen’ etched on its surface. Such Newfoundland gold coins were valued at higher rates than the gold used to manufacture many other coins during the same period.