Most Valuable Rarest Coins in The Worlds! Big Worth Money Coins!

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  • Опубликовано: 16 сен 2024
  • oday, we're diving deep into a coin that might seem ordinary at first glance but holds immense value in the numismatic world the 1983 Canada Elizabeth II 1 cent coin. We’ll uncover its rich history, discuss its design, and most importantly, explore its current value, which might surprise you with its potential worth. Some of these coins have been known to reach up to $3.5 million in face value, so stay tuned to find out if you have a rare gem in your collection!Let's start by taking a step back in time to understand the historical context of this coin. The 1 cent coin, often referred to as the penny, has been an integral part of Canada's currency system since the country first began issuing its own coins in 1858. The coin we're focusing on today, minted in 1983, features the effigy of Queen Elizabeth II, the reigning monarch of Canada.By 1983, Queen Elizabeth II had already been on the throne for over 30 years, and her image had become a familiar sight on Canadian coins. The 1983 penny was minted during a period when the Royal Canadian Mint was producing large quantities of these coins to meet the demands of the Canadian economy. However, the humble penny was more than just a piece of copper it was a symbol of Canada's rich heritage and connection to the British Crown.The design of the 1983 Canada 1 cent coin is a masterpiece of simplicity and elegance. On the obverse, we have the right-facing portrait of Queen Elizabeth II, designed by the talented British sculptor Arnold Machin. This particular portrait, known as the Machin effigy, was used on Canadian coins from 1965 to 1989 and is characterized by its refined and regal depiction of the Queen.The reverse of the coin features the iconic maple leaf twig, a design that has been synonymous with Canadian pennies since 1937. This design was created by G.E. Kruger-Gray, a renowned numismatic artist. The maple leaf, a symbol of Canada, is intricately detailed, capturing the natural beauty of the country’s national emblem. The reverse also includes the coin's denomination 1 CENT and the year of mintage, 1983, along with the word CANADA.As for the specifications, the 1983 penny was minted in bronze, with a composition of 98% copper, 0.5% tin, and 1.5% zinc. It weighs 2.5 grams and has a diameter of 19.05 mm. These specifications were consistent with Canadian pennies from the late 1940s until 1996, when the Royal Canadian Mint began using a more cost-effective copper-plated zinc composition.
    In 1983, the Royal Canadian Mint produced over 900 million 1 cent coins. This high mintage was typical for the era, as the penny was widely used in everyday transactions. Despite the large number of coins minted, only a small fraction of these pennies have managed to retain their original condition over the years, which is a key factor in determining their current value.Many of these pennies were circulated extensively, leading to significant wear and tear. However, some coins were preserved in uncirculated condition, often by collectors who recognized their potential value. These well-preserved coins are the ones that can fetch a higher price in today’s market.Now, let’s get to the part you’ve all been waiting for the value of the 1983 Canada Elizabeth II 1 cent coin. While the face value of this coin is only 1 cent, its value in the collector’s market can be significantly higher, @CoinCuration @Rarecoinsallworld7653 @coinsreality @coincollectinganddetecting @OldCoinsPrices @waraycoinsvlog6151 @oldcoinscollection7172 #us #coin #americancurrency #money #rarecoins #currency #coinhistory #coinhistory #collectiblecoins

Комментарии • 8

  • @miguelsoto5559
    @miguelsoto5559 13 дней назад

    Many thanks for your information

  • @miguelsoto5559
    @miguelsoto5559 13 дней назад

    You are very kind many thanks

  • @lejolenepomuceno6741
    @lejolenepomuceno6741 18 дней назад

    I have one pcs Canada coin from Philippines

  • @EdwinYapSatorre1961
    @EdwinYapSatorre1961 13 дней назад

    I have a lots of Canadian Pennies & US Pennies from 2019D,2018D,2017D,2014D,2011,2006D,2003,2001,2000D,2000,& 1998,1988D,1986D,1984D,1983(3pcs),1980D(3pcs),1972,1970D(2pcs),1969D,1968D,1967,1956D,1946D,1923,some on them is one pc.only,I want to sell everything,coz of my wife Illness ASAP,someone can help