2001 1 Dollar Canada Coin

3 min read Jul 24, 2024
2001 1 Dollar Canada Coin

2001 $1 Canada Coin: A Unique and Valuable Collectible

The 2001 $1 Canada coin, also known as the "Loonie," is a highly sought-after collectible among numismatists and coin enthusiasts. This coin was minted by the Royal Canadian Mint in 2001 to commemorate the 25th anniversary of the introduction of the loonie in Canadian currency.

Design and Features

The 2001 $1 Canada coin features a unique design that pays tribute to the iconic loonie. The obverse side of the coin depicts the portrait of Queen Elizabeth II, while the reverse side features a special commemorative design. The reverse design showcases a loon in flight, surrounded by a circle of 13 maple leaves, symbolizing the 10 provinces and three territories of Canada.

The coin is made of bi-metallic material, consisting of an inner ring made of nickel and an outer ring made of bronze-plated nickel. The coin's diameter is 26.5 mm, and it weighs 7.3 grams.

Mintage and Rarity

The 2001 $1 Canada coin had a mintage of only 29,817,000 coins, making it a relatively rare and hard-to-find coin. The coin was also available in a proof set, which included a silver dollar and a limited mintage of 44,991 sets.

Value and Collectibility

The 2001 $1 Canada coin is highly sought after by collectors due to its unique design, limited mintage, and historical significance. The coin's value can vary depending on its condition, but in mint state, it can fetch prices ranging from $5 to $20. In proof condition, the coin can be worth up to $50 or more.

Conclusion

The 2001 $1 Canada coin is a unique and valuable collectible that showcases the country's rich history and cultural heritage. With its limited mintage and special design, this coin is a must-have for any serious coin collector or numismatist. Whether you're a seasoned collector or just starting your collection, the 2001 $1 Canada coin is an excellent addition to your portfolio.

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