Why is the 1988 Loonie worth so much?
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The standard 1988 Canadian Loonie is generally worth only its face value of CAD $1 and is not considered valuable by collectors. It was a regular circulation coin with a high mintage of over 138 million, making it very common.
Is a 1988 loonie rare?
A 1988 dollar coin in pristine, uncirculated condition is considered rare in its specific grade, increasing its value due to the scarcity of such highly preserved examples.
How much is a dollar coin from 1988 worth?
All 1988 American Silver Eagle coins are made up of one ounce of pure silver. Because of that silver content, each regular issue 1988 $1 silver coin usually trades for around $2 above or below the current price of an ounce of silver depending on if you are buying or selling.
How much is a 1988 Canadian coin worth?
Unfortunately, a 1988 Canadian dollar coin, or "Loonie" is only worth 1 Canadian dollar. Unless it is in proof or uncirculated condition, all of the Loonies since 1987 when they were introduced are still commonly used today and are not collectable at all.
Which penny is worth $35000?
If you have a nineteen seventy penny tucked away in your pocket or coin jar, you might be holding a coin worth up to $35, 000. One rare variety from 1970 has collectors willing to pay top dollar.
2019p Roosevelt Dime: Hidden Value Revealed!
Is there a 1988 error penny?
The 1988 D FG Error Lincoln Cent is a unique coin that features a "designers initials FG" error. The 1988 penny with a "FG" error refers to a transitional reverse error where the 1989 reverse design was mistakenly used. This copper coin was minted in Denver and is part of the Lincoln Memorial Penny series.
What Canadian coins are worth keeping?
The Top 10 Most Valuable Rare Canadian Coins Worth Money
- #1 1936 Canadian Dot Dime. ...
- #2 1921 50-Cent Piece. ...
- #3 1911 Canadian Silver Dollar. ...
- #4 1921 Silver 5-Cents. ...
- #5 1936 Canadian Dot Penny. ...
- #6 1953 Shoulder Fold Penny. ...
- #7 1965 Queen Elizabeth II Large Beads 5 Cent. ...
- #8 1947 King George VI Curved Right 7 Half Dollar.
What is the 1988 $1 kangaroo coin?
It depicts aboriginal artwork - a stylised kangaroo on a backdrop of a seven pointed (Australian Fderation) star modelled by designer Stuart Devlin. Around below the kangaroo is the denomination, ONE DOLLAR. Krause lists circulation mintage of 20,294,000 plus 106,000 proofs.
How much is a 1988 dollar worth today?
$1 in 1988 is equivalent in purchasing power to about $2.74 today, an increase of $1.74 over 37 years. The dollar had an average inflation rate of 2.76% per year between 1988 and today, producing a cumulative price increase of 173.86%.
What $1 coin is worth $3000 in Australia?
The rare 1984 $1 coin was struck on a 10-cent blank in error, instead of a $1 blank, meaning the coin is silver rather than gold. One of the coins went to auction with a price guide of between $2,000 and $3,000 this week, sold by auctioneers Roxbury's Auction House.
What is the most wanted rare $2 coin in Australia in 1988?
This rare 1988 Australian $2 coin features the HH initials and a thick edge. Made of nickel and struck in proof-like quality, it is a valuable addition to any coin collection. The coin is from the 1900s era and has a decimal denomination.
Are any loonies worth money?
The current Canadian 1-dollar coin, called the "Loonie" is usually only worth about a dollar. However, some rarer Loonies, such as the first issue from 1987, can be worth up to $30 in mint state.
What year is Penny worth $20,000 today?
That makes them much easier to find than the 1969 Doubled Die coins. Bucki estimates that a 1992 Close AM coin in fairly new condition could be worth about $20,000, while a used one could sell for around $2,000 to $3,000.
What is the rarest 1 dollar coin in Canada?
Most Valuable Canadian Coins
Often regarded as the holy grail of Canadian coins, the 1911 Canadian silver dollar is one of the rarest and most valuable coins ever recorded. There are only two known 1911 silver dollars in existence, and one of which is housed at the Canadian currency museum in Ottawa.
What is so special about the 1988 $2 coin?
This was the very first proof $2 coin released in Australia. The general public was taken completely by surprise when the RAM issued a $2 coin in 1988 to commemorate the opening of the new Commonwealth Parliament House in Canberra.
How to tell if a 1 dollar coin is rare?
One of the easiest ways to tell if a coin is rare is to check the date. If the coin is from before 1800, it's likely rare. Coins minted in the 19th century are also generally considered rare, with a few exceptions. Coins from the 20th century are less likely to be rare, but there are still some that meet the criteria.
What is the holy grail toonie?
The 1996 Beaded Border Toonie is the holy grail of Canadian toonies, only four examples are known to exist! This ultra-rare coin features a ring of raised beads around the rim on both sides, a design that was never used in circulation.
Should I clean my old coins?
While you may be tempted to polish your coins to make them look shiny and new, proceed with caution. Polishing and/or cleaning coins can reduce their value. Older coins that show deep age coloration are more desirable than coins whose surfaces have been stripped away by improper polishing or cleaning.
Is a 1988 penny rare to find?
The 1988-D Lincoln Memorial Cent is an easy coin to find. Look for coins that are full of vibrant luster to add to the collection. Full details coins are a common find.
What year is penny worth $50,000?
1877 Indian Head Penny
The 1877 Indian Head penny is one of the rarest coins of its series. Very few were minted, and even fewer survive today in high condition. Collectors regularly pay over $50,000 for well-preserved examples. Its scarcity and historical value make it a major prize for serious coin collectors.
What is the error on the 1988 $2 coin?
As you can see from the image above, the surface layer of the coin has peeled over the roman numerals 'II' and is also separated at the effigy section of the Queen's hair. This lamination error has caused a crack to continue up through the crown.