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COINS
Canadian 1 Cent Coin Elizabeth II
Key Facts & Value
Key Fact
Description
This is a 1987 Canadian one-cent coin, often referred to as a penny. The obverse features a profile of Queen Elizabeth II, designed by Arnold Machin. The reverse displays two maple leaves, the national symbol of Canada, a design by G. E. Kruger-Gray. The coin is made of copper and has a reeded edge, indicating its circulation history.
History
The one-cent coin was a fundamental part of Canadian currency for over 150 years, with the maple leaf design being a constant emblem of national identity. The effigy of Queen Elizabeth II has been updated throughout her reign, reflecting different stages of her life and the evolution of royal portraiture on coinage.
Facts
Canada officially ended the production of the one-cent coin in 2013 due to rising production costs exceeding its face value. This coin, though no longer in general circulation for cash transactions, remains a collectible piece of Canadian numismatic history, symbolizing an era of everyday commerce.
Value Fact
The market value for a 1987 Canadian one-cent coin in average circulated condition is typically under $1. Higher grades or coins with specific mint errors can command higher prices, but demand is generally steady for common circulation issues as collectors seek to complete sets or acquire historical pieces.
Item Details
Official Details
Variation Details
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