1991 1 Dollar Canada Coin Value
The 1991 1 Dollar Canada coin, also known as the Loonie, is a popular collectible coin among numismatists and coin enthusiasts. If you're wondering how much your 1991 1 Dollar Canada coin is worth, this article will provide you with some valuable information.
Design and Composition
The 1991 1 Dollar Canada coin features the iconic common loon design on the reverse side, created by Robert-Ralph Carmichael. The obverse side bears the portrait of Queen Elizabeth II, designed by Dora de Pédery-Hunt. The coin is made of nickel and is 11-sided, with a diameter of 26.5 mm and a weight of 7.3 grams.
Mintage and Rarity
The Royal Canadian Mint produced 27,294,273 1 Dollar coins in 1991, which makes it a relatively common coin. However, the coin's value can vary depending on its condition, grade, and rarity.
Value
The value of a 1991 1 Dollar Canada coin can range from its face value to several hundred dollars, depending on the coin's condition and grade. Here are some approximate values for the coin:
- Circulated: $1 to $5
- Uncirculated: $5 to $20
- Proof: $20 to $50
- High-grade proof: $50 to $200
- Error coins: $100 to $1,000 or more
Error Coins
Error coins, such as misprinted dates, misaligned dies, or off-center strikes, can significantly increase the value of a 1991 1 Dollar Canada coin. These coins are rare and highly sought after by collectors.
Grading and Condition
The condition and grade of a 1991 1 Dollar Canada coin can greatly impact its value. Coins that are well-preserved, with minimal wear and tear, can command higher prices. Professional grading services, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC), can provide an official grade and certification for your coin.
Conclusion
The 1991 1 Dollar Canada coin is a popular collectible coin that can be valuable depending on its condition, grade, and rarity. Whether you're a seasoned collector or just starting out, understanding the value and characteristics of this coin can help you make informed buying and selling decisions.
Additional Resources
For more information on the 1991 1 Dollar Canada coin, including mintage numbers, design variations, and pricing guides, you can consult online resources such as the Royal Canadian Mint, PCGS, or NGC.
Remember to always research and authenticate your coins before buying or selling, and consult with a professional numismatist if you're unsure about the value or authenticity of your coin.
