Malcolm Rivera
The 1982 Canadian Constitution $1 coin was issued on June 10, 1982, to commemorate the new Canadian Constitution Act of 1982. The coin's value depends on several factors, including quality, wear, supply and demand, rarity, and finish. While the 1982 Canadian Constitution nickel dollar is common, a rare example struck in coin alignment was auctioned off with a current bid of $2,100 USD. The coin has also been sold on eBay for prices ranging from $1.5 to $3.
| Characteristics | Values |
|---|---|
| Composition | 100% nickel |
| Commonness | Common |
| Alignment | Coin alignment (rare) |
| Value | $2,100 (current bid) |
| Value | $4,541 (Mint State 63) |
| Value | $3,498 (MS-63) |
| Value | $1.5 to $3 (on eBay) |
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What You'll Learn
The 1982 Canadian Constitution dollar's worth depends on quality and wear
The 1982 Canadian Constitution dollar's worth depends on its quality and wear. Issued on June 10, 1982, to commemorate the new Canadian Constitution, the 1982 Canadian Constitution dollar is a relatively common nickel dollar. However, its value depends on several factors, including quality, wear and tear, supply and demand, rarity, and finish.
The standard alignment for the 1982 Constitution dollar was medal alignment, with both sides of the coin facing the right way up when held. However, an unknown number of these coins were struck in coin alignment, with one side upside down when the other side is facing the right way up. This variation in alignment can significantly impact the coin's value.
The condition of the coin is another critical factor in determining its worth. Circulated coins showing signs of wear and tear are typically worth less than those in pristine condition. Additionally, the finish of the coin can affect its value, with proof-like, specimen, and proof coins intended for collectors commanding higher prices.
The rarity of the 1982 Canadian Constitution dollar also influences its value. While the coin itself is common, certain variations or errors, such as the coin alignment mentioned earlier, can make it rarer and more valuable to collectors. For example, a 1982 Constitution dollar with coin alignment and uncirculated details was auctioned with a current bid of $2,100 US, while the "Charlton Standard Catalog" values a Mint State 63 version of the coin at $6,000 Canadian ($4,541 US).
Overall, the value of the 1982 Canadian Constitution dollar can vary widely depending on its specific attributes and the demand from collectors. While circulated coins in standard medal alignment may be worth their face value, rare variations or those in pristine condition can fetch significantly higher prices at auctions or among collectors.
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The coin's rarity impacts its value
The value of a coin is influenced by several factors, including its silver content, the spot price for silver, and its rarity. The 1982 George Washington Commemorative Silver Half-Dollar coin, for instance, is a collectible item that attracts interest from coin collectors. While the coin has a nominal face value, its value is influenced by the demand and interest it receives from collectors.
The rarity of a coin can significantly impact its value. As a coin becomes more difficult to find over time, its collector's value tends to increase. This means that rare coins often cost much more than their intrinsic material value. The risk of investing in such coins is that they may only be sold for a similar or higher premium to collectors who appreciate the coin's numismatic qualities.
The 1982 George Washington Silver Half-Dollar coin, being a collectible item, likely falls into this category of coins influenced by their rarity. While its nominal face value may be relatively low, the coin's rarity and collectibility could drive up its value among collectors.
Additionally, the silver content and spot price for silver also play a role in a coin's value. Silver dollars, minted between 1794 and 1935, contain 0.7735 troy ounces of pure silver. At current silver prices, this amount of silver is worth over $17. However, the famous nature of certain coins can further increase their value beyond their silver content.
In summary, the rarity of a coin, coupled with its silver content and the demand from collectors, can significantly influence its value. The 1982 George Washington Silver Half-Dollar coin, with its collectible status, likely exhibits these value-influencing characteristics, making it an interesting item for numismatists and collectors alike.
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The 1982 Constitution dollar usually has medal alignment
The 1982 Constitution dollar is a Canadian coin that was issued in 1982. It is commonly found with designs that follow medal alignment, where both the obverse and reverse sides face right side up. However, an unknown number of these coins exist in coin alignment, where the two sides face opposite directions, with one side facing up and the other facing down. This unique alignment error adds significant value to the coin, making it a sought-after piece for collectors and numismatics enthusiasts.
The 1982 Constitution dollar is made of nickel and typically sells for around $1.5 to $3 on eBay. However, a rare coin alignment version of this coin sold for $5,280 at an auction in 2019, including the buyer's premium. This particular coin was part of the George Hans Cook Collection, which featured a variety of Canadian coins, including a 1911 silver dollar and a 1936 Dot cent. The 1982 Constitution dollar with coin alignment is considered a unique error coin, where the design elements are misaligned during the minting process.
Error coins, such as the 1982 Constitution dollar with coin alignment, are highly sought-after by collectors due to their rarity and the fascinating stories behind their creation. The sale of this rare coin alignment version of the 1982 Constitution dollar highlights the diverse and intriguing nature of coin collecting and the appeal of error coins in the market. While the medal alignment version of this coin is more common and has a lower value, the coin alignment version with the unique error is much more valuable to collectors.
It's important to note that the values of coins can vary based on various factors, including their condition, rarity, and the specific market demand at the time of sale. While the 1982 Constitution dollar with medal alignment may not have the same high value as the coin alignment version, it can still be a desirable piece for collectors, especially those interested in Canadian coinage or error coins. Collectors should always research the current market values and consult reputable sources or professional coin grading services before making any purchases or sales.
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The coin's finish affects its price
The finish of a coin can significantly affect its price. Collectors prefer coins in their original state, even if the coin displays evidence of toning, which naturally occurs over time to most silver coins. Coins should never be cleaned or altered, as this negatively affects their value.
A coin that has been cleaned or polished will be significantly devalued due to the coin being altered. A polished coin is typically very shiny and may even appear counterfeit. While it may be tempting to clean a coin to remove blemishes, doing so will leave small scratches on its surface, reducing its value to collectors.
The least invasive type of cleaning is when a coin has been "wiped," where a collector attempts to remove a minor blemish with a paper towel, cloth, or t-shirt. These coins can be identified by a slight alteration to the surface, typically the obverse or front of the coin. While this is not as detrimental as other cleaning methods, it still affects the coin's value.
The most common type of cleaned coin is one that has a slightly shiny surface with evidence of hairlines caused by an abrasive material. Hairlines are light consistent scratches resulting from a towel or abrasive. A coin that has been scrubbed with baking soda or another chemical will lose its mint luster or matte finish.
In addition to cleaning, other factors can affect the finish and price of a coin. For example, a coin with a sharper strike or more definition will be more valuable than one with a dull strike. Minting errors during the manufacturing process can also cause cracks, spots, or unevenness, affecting the coin's appearance and price.
Regarding the 1982 Constitution Silver Dollar, it regularly sells for roughly $1.5 to $3 on eBay, as it is made of 100% nickel. The price of this coin is relatively low compared to other silver dollars, and its finish may be a factor influencing its value.
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The 1982 Constitution dollar is made of nickel
The 1982 Constitution dollar with coin alignment is rare, though the nickel dollar itself is common. The standard alignment for the 1982 Constitution dollar was medal alignment, but an unknown number exist in coin alignment. In coin alignment, if one were to hold the coin so that its face is right-side up, the coin's other side would be upside down.
The value of a Canadian coin depends on several factors, including quality and wear, supply and demand, rarity, finish, and more. Circulated 1982 Constitution dollars are business strike coins showing signs of circulation and/or wear. The value of proof-like, specimen, and proof coins is grouped under the "not intended for circulation" tab.
The "Charlton Standard Catalog" (Canadian Coins, Vol. One, Numismatic Issues) indicates a value of $6,000 Canadian ($4,541 US) in Mint State 63 for the 1982 Constitution dollar with coin alignment. A 1982 Constitution dollar with coin alignment was offered in Heritage Auctions' August 25 online monthly world coin auction. It had a current bid of $2,100 US at the time.
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Frequently asked questions
The value of a circulated 1982 constitution silver dollar depends on several factors such as quality, wear, supply and demand, rarity, and finish.
A 1982 Canadian Constitution nickel dollar is usually worth around $1.5 to $3.
Yes, a rare version of the 1982 Canadian Constitution dollar exists in "coin alignment." This means that when the coin is held so that its face is right-side-up, the other side of the coin is upside down.
The value of a rare 1982 Canadian Constitution dollar in coin alignment has been estimated at $6,000 Canadian or $4,541 US by the “Charlton Standard Catalog.” One such coin was auctioned off for $2,100 US.
