Numismatists and philatelists are putting their coin and stamp collections on display Saturday between 12:00pm and 4:00pm at the Timmins Museum.
Timmins Coin Club member Orest Lawryniw says his group will have a variety of currencies from around the world. For instance, he has Ukrainian bank notes that are commemorative only.
“There’s airplane commemoratives, there’s animal commemoratives and they’re superb looking bank notes, as well as rare coins and so on,” he explains.
Not to take away from sports cards and other collectibles, Lawryniw says one attraction to coins is that they always hold your value, and that could come in handy if inflation gets out of hand.
He adds that says the value of coins and bank notes isn’t only determined by age or face value, but more by how many were made in that particular year.
“For instance, a 1948 silver dollar starts at about $900,” he points out. “A 1921 Canada five cents starts at about $10,000 because of the low mintages. Even the 1991 quarter is worth $20 right now.”
All the pandemic protocols will be in place for Saturday’s event, including the need to show your vaccination receipt.
An earlier version of this story said the event is at the Timmins Public Library. It is, in fact at the Timmins Museum. We apologize for the error.