The provincial government introduced the $20-per-pelt bounty to encourage more trappers to hunt the animals, which have been turning up in more populated areas of Nova Scotia in recent years.
The Natural Resources Department says $52,860 was paid out for the 2,643 coyotes that were killed from last October to the end of the hunting season on March 31.
There were 1,736 coyotes killed the year before the bounty was in place.
The province brought in the bounty after a young Toronto woman was attacked and killed by coyotes while hiking in Cape Breton in October 2009.
The government says it will review this year's hunt to determine if the bounty will continue.