The Canadian Mint will has been circulating 14 commemorative Olympic coins, between 2007 and 2010, to celebrate the 2010 Winter Olympic and Paralympic Games in Vancouver and Whistler, British Columbia.

Twelve different quarters were release in 2007, 2008, and 2009. There are also two new loonies in circulation by 2010. The mint also being giving away free collector cards to place your quarters in and commercials on TV encouraging Canadians to collect these quarters.

Are these coins really worth collecting? Will they be more valuable in the future?

Always collect what your like. If you like collecting coins and they give you enjoyment looking at them or showing them off then by all means collect them. Try to find the coins that show the least signs of circulation.

If you are collecting for profit. It is definitely not worth hanging on to these olympic quarters or any commemorative coins release by the mint for circulation.

The first set of commemorative quarters released were the 1992 provincial coins. The catalog value for these 18 years later is $0.75 each. On eBay a complete uncirculated set sells for $8.50, or $0.70 per coin. Selling these coins to a dealer would net you 50% of the catalog value assuming that the market does not get flooded with all those collected quarters. $40 million dollars of 1992 were released.

You would have made more money in the bank. $0.25 at 4% compound interest after 18 years would be $0.51.

Alberta - Released 1992-06-04 - Quantity Minted 12,133,000
British Columbia - Released 1992-11-09 - Quantity 14,001,000
Manitoba - Released 1992-04-07 - Quantity Minted 11,349,000
New Brunswick - Released 1992-01-09 - Quantity Minted 12,174,000
Newfoundland and Labrador - Released 1992-03-05 - Quantity Minted 11,405,000
Northwest Territories - Released 1992-02-06 - Quantity Minted 12,580,000
Nova Scotia - Released 1992-09-09 - Quantity Minted 13,600,000
Ontario - Released 1992-08-06 - Quantity Minted 14,263,000
Prince Edward Island - Released 1992-07-07 - Quantity Minted 13,001,000
Quebec - Released 1992-10-01 - Quantity Minted 13,607,000
Saskatchewan - Released 1992-11-05 - Quantity Minted 14,165,000
Yukon - Released 1992-05-07 - Quantity Minted 10,388,000

The market for the olympic quarters would be much worse because $70 million worth of quarters were released.

That being said there are certain error commerative coins which are definitely worth collecting. During the minting of these coins the Royal Canadian Mint made mistakes. These are worth a lot more than face value. This is because unlike the millions of "collectible" quarters that were release the quantity of these errors is estimated in the hundreds or less.

1992 Provinces

1992 New Brunswick - 180 degree rotation - $90-$125
1992 New Brunswick - 90 degree rotation - $50-$125
1992 NWT - 90 degree rotation - $90-$135
1992 Saskatchewan - 180 degree rotation - Very Rare Only One Known
2000 P Caribou - Very Rare Only Two Known
2000 P Community - $10,000-$15,000
2000 Map - No date (mule) - $300-$450
2007 Wheelchair - No logo (mule) - $400-$800 (PetroCanada Collectible Set Only)
2008 Alpine Skiing - No date (mule) - $25-$50 (RCM Collectible Set Only)
2009 Olympic Men's Hockey - Colour with Raised 2 - $8-$12