The value of a 1996 Canadian 2 dollar coin (Toonie) can vary depending on several factors, primarily its condition and whether it has any errors or special varieties.
- Circulated: A standard 1996 Toonie in circulated condition is generally not worth significantly more than its face value ($2 CAD). This is because it was the debut year for the Toonie, and a large number were minted (around 375 million), making them quite common.
- High Grade (uncirculated/Mint State): A 1996 Toonie in pristine, uncirculated (or Mint State) condition can be worth more to collectors, with some sources suggesting values between $5 and $20 or more, depending on demand and rarity . According to Greysheet, a [1996 Canadian Planchet] in Mint State (MS) is valued between $2.70 – $2.70, while a 1996 German Planchet in Mint State is valued between $34.00 – $34.00.
- Die Chip Errors:
– “Horned Polar Bear” Toonie: This variety has a small, raised chip on the polar bear’s head, resembling a horn. It’s considered more rare than the “cigar” variety and can be worth $40 to $300.
– “Cigar” Toonie: This variety has a raised, cigar-shaped blob at the polar bear’s mouth. It can be worth around $10 to $100.
- Beaded Border Toonie: This is considered the rarest and most valuable 1996 Toonie, featuring a ring of beads around the rim on both the obverse and reverse sides. Only four are known to be certified.
- Other Errors: There might be other less common error varieties, such as doubled die errors, off-center strikes, or planchet errors, that can affect the coin’s value. For example, a 1996 Canada $2 coin with an uncentered core error is listed for $29.50. A 1996 Toonie with doubling errors is listed on eBay, although it is not certified.
Note: Prices can fluctuate based on market demand, the coin’s condition, and the source of information. If you believe you have a rare or error 1996 Toonie, consider having it professionally graded to accurately determine its value.
What’s a 1996 $2 Canadian coin worth?
The Greysheet Catalog (GSID) of the $2 Circulating Coins (1996–) series of Canada in the World Coins contains 56 distinct entries with CPG ® values between $2.70 and $34.00.
Is a Canadian $2 coin rare?
Because of their design and rarity, $2 Victoria Newfoundland coins are highly valued by dealers and collectors and can fetch thousands of dollars on the collectibles market.
How much is a 1996 Elizabeth II coin worth?
I can help with that. And scarcity. However it’s essential to note that factors such as rarity historical significance. And market demand can influence the coin’s. Value over time.
How many 1996 toonies are there?
Thanks for asking. By the end of 1996, the Winnipeg facility had struck 375 million of these coins. The coin was officially launched at Ben’s Deli in Montreal on February 19, 1996. The weight of the coin was originally specified as 112.64 grains (7.299 g).