The Canadian $2 coin that could be worth more than $27,000

Currently, Canada has 10 different denominations between bills and coins and although many of them are not worth more than their price established by the Mint that issued them, There are two $2 pieces that previously circulated in the provinces of Newfoundland and Labrador.

According to the EduCanada website, these $2 coins could be worth more than $27,000 on the auction market, and here we tell you which ones they are.

The specialized portal for ancient coins CoinValueLookup details that The $2 coin known as the “toonie” began circulating in 1996. as a replacement for the banknote of the same denomination, although some examples are so common, there are four in particular that received the grade from the Professional Coin Grading Service (PCGS). It is known that one of these examples was sold in 2021 for $5,400 Canadian dollars.

But, this has not been the only coin sought by collectors according to CoinValueLookup There are other $2 dollar pieces that were minted in the late 19th century. circulating through the provinces of Newfoundland and Labrador, which at that time was still a British colony.

The designs of these coins were very rare and particular, for example; The 1872 Victoria Newfoundland $2 coin has no detailsbut it is highly valued by merchants and collectors. Less than 10 copies of this coin were produced and one of them sold for $27,025 in 2003.

While the Newfoundland Victoria gold coin of 1865, According to CoinValueLookup it has “beautifully crisp and detailed strikethrough and clear, matte-finished fields.” There are not many sample specimens of this coin, but coins in good condition have sold for nearly $23,000.

Finally, the 1881 Newfoundland Victoria Gold Coin, one of these pieces sold for $11,400 in 2019, Its copies were scarce, which increased demand in the auction market, The CoinValueLookup website describes the coin as having “crisp minting. Every strand of Victoria’s hair and every leaf of her laurel wreath are clearly outlined.”

Continue reading:

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