When considering how much is a 1999 Queen Elizabeth coin worth, it becomes clear that there is no single answer. The value of a 1999 Queen Elizabeth II coin can vary significantly based on a range of factors. These factors include the coin’s origin, its denomination, the metal it is made from, its physical condition, and its rarity. Each of these elements plays a part in determining the market value for collectors and investors.
Factors Influencing the Value of a 1999 Queen Elizabeth Coin
To accurately assess how much is a 1999 Queen Elizabeth coin worth, you need to examine several key attributes of the coin itself.
Country of Issue
Queen Elizabeth II served as the monarch for the United Kingdom and numerous Commonwealth realms. Each of these countries issued their own coinage featuring her effigy. The country of origin has a direct impact on the coin’s rarity and demand. For example, a coin issued by Canada may have a different value proposition than one from Australia or the United Kingdom.
- United Kingdom: Coins from the UK are generally more common due to higher mintage numbers for domestic circulation.
- Canada: Canadian coins, especially commemorative issues, can be highly sought after.
- Australia, New Zealand, etc.: Coins from other Commonwealth nations also have their own specific markets and collector bases.
Denomination
The face value of the coin (e.g., penny, shilling, pound, dollar) is a basic determinant of its inherent value. While a coin’s face value is its legal tender value, its numismatic value (collector value) is almost always higher for collectible pieces. A low denomination coin might hold significant collector value if it is rare or has unique features.
Metal Composition
The material used to mint the coin is a significant factor in determining how much is a 1999 Queen Elizabeth coin worth.
- Precious Metals: Coins composed of precious metals such as silver or gold will possess an intrinsic melt value that acts as a price floor, regardless of their collectibility. Examples include gold or silver commemorative issues.
- Base Metals: Coins made from base metals (e.g., copper, nickel, brass) typically derive their value almost entirely from their collectibility, unless they are exceptionally rare or have a significant error.
Condition
The state of preservation of a coin is a critical factor for collectors. This is often described using a grading scale.
- Circulated vs. Uncirculated:
- Circulated coins have been used in commerce and show signs of wear, scratches, and loss of detail. Their value is generally lower.
- Uncirculated coins (also known as Mint State or MS) have never been used in transactions and retain their original mint luster. They command higher prices.
- Proof Coins: These are coins specially minted for collectors using polished dies and planchets, resulting in a mirrored finish and sharp details. Proof coins are often in pristine condition and can fetch premium prices.
- Damage or Wear: Any significant damage, such as corrosion, scratches, dents, or cleaning, will reduce a coin’s value.
Rarity
The scarcity of a coin directly impacts how much is a 1999 Queen Elizabeth coin worth. Rarity can be due to:
- Limited Mintage: Coins produced in smaller quantities are inherently rarer.
- Minting Errors: Errors during the minting process (e.g., double dies, off-center strikes, missing elements) can make a coin unique and highly valuable to error collectors.
- Unique Designs: Certain design variations or specific features that were only produced for a limited time can increase rarity.
A notable example mentioned in the overview is the 1999 Canadian 2 dollar coin featuring the Nunavut seal and Queen Elizabeth II. This coin is known for its rarity and can command prices around 5000 USD, demonstrating the impact of rarity combined with a specific design.
Special Features or Editions
Some 1999 Queen Elizabeth coins may have been part of special commemorative issues or possess unique design elements that significantly enhance their appeal to collectors. These might include:
- Commemorative Themes: Coins issued to commemorate anniversaries, historical events, or significant figures.
- Special Finishes: Beyond proof, some coins might have special finishes like frosted designs or selective plating.
- Coin Sets: Coins sold as part of a limited-edition set often hold more value than individual coins.
For example, a 1999 Canadian Gold Maple Leaf coin commemorating a 20th anniversary is considered a collector’s item due to its special commemorative nature and precious metal content.
Seller and Platform
The venue and the individual or entity selling the coin can also influence its price.
- Reputable Sellers: Dealers with a strong reputation for authenticity and fair pricing may list coins at higher prices, but buyers gain confidence in the purchase.
- Specialized Platforms: Numismatic auction houses or dedicated coin dealer websites may have different pricing structures compared to general online marketplaces.
- Online Marketplaces: Platforms like eBay or Etsy offer a wide range of listings, but prices can vary widely depending on the seller’s knowledge, the buyer’s willingness to pay, and the competitive landscape. It is important to exercise caution and research the seller’s history when using these platforms.
Examples of 1999 Queen Elizabeth Coin Values
To give some perspective on how much is a 1999 Queen Elizabeth coin worth, here are some recent examples of online listings, illustrating the wide range of values:
- 1999 Canadian 2 Dollar Coin (Nunavut Toonie): This coin was recently listed on eBay for 5000 USD. Its value is attributed to its specific design commemorating the creation of the territory of Nunavut and its perceived rarity.
- 1999 Queen Elizabeth II 20 Pence Coin (United Kingdom): Part of a 2-coin set with a 2009 coin, this item was available on eBay for 7 USD. This illustrates a more common, lower-value circulated coin.
- 1999 United Kingdom £2 Two Pound Coin: Featuring a design representing “Standing on the Shoulders of Giants,” this coin was listed on eBay for 135 USD. This particular £2 coin is popular among collectors, especially in uncirculated condition, due to its distinctive design.
- Rare British Two Pence 2 D.G.REG.F.D.1999 Elizabeth British Coin: An example of a rare variant, this coin was listed on eBay for 2000 USD. Such a high price suggests a specific error, variety, or exceptionally high grade that makes it highly desirable to collectors.
These examples highlight that the answer to how much is a 1999 Queen Elizabeth coin worth is highly dependent on the exact coin in question. A common circulated coin might be worth only its face value or a small premium, while a rare commemorative or error coin could be worth thousands.
How to Accurately Determine the Value of Your 1999 Queen Elizabeth Coin
Given the extensive variation in values, providing specific information about your coin is essential to determine how much is a 1999 Queen Elizabeth coin worth. To get a precise valuation, consider the following steps:
Identify the Coin’s Specifics
- Country of Origin: Look for markings indicating the issuing country (e.g., “CANADA,” “ELIZABETH II D.G. REG. F.D.” often accompanied by “UK” or “BRITISH”).
- Denomination: Clearly identify the face value (e.g., “2 DOLLARS,” “20 PENCE,” “TWO POUNDS”).
- Mint Mark (if any): Some coins have small letters indicating the mint where they were produced.
- Design Details: Note any specific images, symbols, or commemorative text on the coin.
- Condition: Describe the coin’s condition as accurately as possible (e.g., “circulated, significant wear,” “uncirculated, brilliant luster,” “proof-like”). Handle coins by the edges to avoid damaging their surface.
Consult Numismatic Resources
- Coin Catalogs: Reputable numismatic catalogs (online and physical) provide information on mintage figures, varieties, and estimated values for different grades. Examples include the Krause Standard Catalog of World Coins or country-specific catalogs.
- Online Databases and Forums: Websites dedicated to coin collecting often have extensive databases and active forums where collectors discuss values and share information.
- Reputable Coin Dealers: A professional coin dealer can offer an appraisal based on their expertise and knowledge of the current market. They can also provide insights into specific varieties or errors.
- Numismatic Experts: For particularly rare or unusual coins, consulting a professional numismatist or attending a coin show to get an expert opinion can be valuable.
Be Realistic with Expectations
Most circulated 1999 Queen Elizabeth coins, particularly common denominations from the United Kingdom, will not have significant numismatic value beyond their face value or a small premium. The high values reported online usually apply to specific, rare variants, high-grade uncirculated examples, or coins made of precious metals.
Conclusion
The question of how much is a 1999 Queen Elizabeth coin worth cannot be answered with a single figure. Its value is a product of its country of issue, denomination, metal content, physical condition, rarity, and any special features it possesses. While some common coins may only be worth their face value, specific rare or commemorative issues, such as the 1999 Canadian Nunavut Toonie, can command substantial prices. Accurate valuation requires careful examination of the coin’s attributes and consulting reliable numismatic resources.
Which Queen Elizabeth coin is worth money?
And rarest gold numismatic. Issues in the history of mankind. Not just a coin it is a symbol of royal scale. Power luxury and prestige. The final price at the auction $517,500.
How much is a 1999 Queen Elizabeth II coin worth?
Great question! 1999 Proof Gold Sovereign Coin Elizabeth II Fourth Head – $1,288.
Is the 1999 2 pound coin rare?
The Royal Mint issued this £2 Proof gold coin as a commemorative collectors coin to mark the 1999 Rugby World Cup held in Wales. Only 2,500 of these Two Pound coins were issued by the Mint. The Two Pound Gold Coin – sometimes referred to as the Double Sovereign – contains 14.63 grams of gold.