1985 1 Dollar Canada Coin Value
The 1985 1 Dollar Canada coin, also known as the "Loonie," is a highly sought-after coin among collectors and numismatists. In this article, we'll delve into the history, design, and value of this iconic coin.
History of the 1985 1 Dollar Canada Coin
The 1985 1 Dollar Canada coin was introduced in 1987, replacing the Canadian dollar bill. The coin was designed to reduce the production costs of paper currency and to provide a more durable alternative. The coin was minted by the Royal Canadian Mint and features a unique 11-sided shape.
Design of the 1985 1 Dollar Canada Coin
The obverse (front) of the coin features a portrait of Queen Elizabeth II, designed by Robert-Ralph Carmichael. The reverse (back) of the coin features a common loon, a bird species native to Canada, designed by Robert-Ralph Carmichael and Arnold Machin.
Value of the 1985 1 Dollar Canada Coin
The value of the 1985 1 Dollar Canada coin depends on several factors, including its condition, rarity, and demand. Here are some approximate values for the coin:
- Circulated coins: $1 to $5 CAD
- Uncirculated coins: $5 to $10 CAD
- Proof coins: $10 to $20 CAD
- Error coins: $50 to $100 CAD or more
Rare Varieties of the 1985 1 Dollar Canada Coin
There are several rare varieties of the 1985 1 Dollar Canada coin, including:
- 1985 1 Dollar Canada Coin with no mint mark: This variety is extremely rare and can fetch high prices at auctions.
- 1985 1 Dollar Canada Coin with misprinted dates: Coins with misprinted dates, such as 1984 or 1986, can command high prices among collectors.
Conclusion
The 1985 1 Dollar Canada coin is a highly sought-after coin among collectors and numismatists. Its unique design, history, and rarity make it a valuable addition to any coin collection. Whether you're a seasoned collector or just starting out, the 1985 1 Dollar Canada coin is definitely worth considering.
