What is the value of a 1989 Canadian gold coin?

Answer 1

It's a standard circulation coin worth face value, about 95¢ at current exchange rates. Canada eliminated its $1 bill in 1987 and has been exclusively using dollar coins ever since.

To clear up confusion, the coin is not gold, it's merely golden in color like American Sacajawea and Presidential dollars. Also the bird is a loon rather than a duck.

Answer 2

- Brass, not gold.

- A loon, not a duck.

It's an ordinary circulation coin worth face value in average condition. A nice uncirculated one will retail for a few dollars at a coin shop.

Answer 3

It's an ordinary circulating $1 coin with no added value.

To clear things up, it's brass rather than gold and the bird is a loon rather than a duck. It's very much like the US "golden dollar" coins except that it's in regular use because Canada got rid of its $1 bills in the late 1980s.

Answer 4

More information is needed.

If it's a bullion piece it'll have its gold weight somewhere in the design, so it'll be worth at least as much as that amount of gold.

If it's a $1 coin with a swimming loon on one side above the date, it's not gold. Like its less-used American counterpart the coin is made of base metal and is only worth a buck. The gold color is actually a brass alloy.

Answer 5

"Loonie" dollars are made of brass-plated nickel, not gold. They are ordinary circulation coins worth face value only.

Answer 6

It's not gold. Like ALL circulating Canadian dollar coins, it's made of a nickel-brass alloy and is worth only face value.

Answer 7

You didn't give its denomination but almost any coin that recent will only be worth face value.

Answer 8

No, it's made of nickel and coated in bronze. A gold coin that size would worth much, much more than one dollar.