Monday, January 30, 2017

1988 Canada Dollar

There are a lot of things we learned from our Canadian neighbors. How to make a golden dollar is what we will focus on here, maybe hockey another day.

Reverse of 1988 Canada Dollar, Loon
Obverse of 1988 Canada Dollar, Queen Elizabeth II
It has been 30 years of the golden Canadian dollar, previously they used a 100% nickel dollar but that was getting expensive. Switching to a Aureate-Bronze Plated Nickel saved some money but also made the coin more distinguishable in the circulating coins.

United States of America having issues with dollar coins tried again in 2000 with somewhat of a success. Making the coin golden made it better to accept among consumers and businesses. Unfortunately we still prefer dollar bills since they are lighter and traditional.

Here's the stats...
Type/Country: 1 Dollar / Canada
Year: 1988
Mintage: 138,893,539
Metal: Aureate-Bronze Plated Nickel: 91.5% Nickel, 8.5% Bronze
Value: $1.00 in Very-Fine (although exchange rate as of January 30, 2017 has it $0.74)

Do you have a dollar from Canada and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you

2 dollars worth, for Comments/Questions click here.:

Numismatica said...

Nice Coin. I have one too: http://colectionare.blogspot.ro/2016/02/aniversare-10-februarie-1841-unirea.html

Man said...

Nice Coin. I have one too

Cool