This one was minted for Newfoundland in the reign of Queen Victoria and dated in 1885. And if you’re interested in acquiring it today, the winning bidder is prepared to entertain offers of more than $6,000.ġ885, Newfoundland, Victoria Gold 2 Dollars, 1885, PCGS MS64 Photo: Rob Paulsen Coin It’s just one point short of “gem quality” status. It had been graded mint state 64 by the PCGS, which is a designation that indicated it had never been circulated. This coin was last offered for sale in 2011. This special coin was minted in 1888, when Queen Victoria was on the throne. 1888, Newfoundland, Victoria Gold 2 Dollars, PCGS MS64 Photo: Geoffrey Bell Auctions ![]() That made a total spend of $5,400 Canadian. It sold for $4,700 Canadian and the buyer had to pay a premium of $700 Canadian to the auction house. According to Rob Paulsen Coin, only four coins with this beaded border are known to exist. Its beaded border runs all the way around the edge of both sides of the coin. Known as the “beaded” toonie, this coin has a unique feature that sets it apart from other $2 dollar coins of the same year. This $2 coin minted in 1996 proves that coins don’t have to be old in order to be valuable. 1996 Beaded Two Dollars, PCGS AU55 Photo: The estimate was $2,200 to $3,200, but it went unsold. As commemorative pieces, these coins were destined for collectors, rather than for general circulation.Ī specimen graded proof 69 by independent assessors the Numismatic Guaranty Company was offered at auction in the summer of 2021. It’s made of gold, yellow in the centre, and white around the outside. It features an Aboriginal man taking part in the traditional drum dance. ![]() This $2 coin was minted to commemorate the formation of Nunavut. Later, as inflation took off, the difference between one dollar and two dollars shrank in comparison, making it feel kind of silly to have two bills so close together in value.Most Valuable $2 Canadian Coins 1999 Nunavut Two Dollars Photo: Rob Paulsen Coin Back in 1936, the average American made a starting wage of about 45 cents per hour, and many families didn't have two spare dollars to tie up in one bill. During the years of the Great Depression and prior, two dollars was a lot of money. From the time of its original production in 1862, this bill has occupied a strange spot in the list of currency denominations. In fact, 2-dollar bills weren't even produced from 1970 through 1975 because of lack of demand.Īnother reason for the rarity of 2-dollar bills involves the economy and inflation. ![]() One of the reasons 2-dollar bills are so rare is that fewer of them were printed.
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