1 Oz Fine Silver One Dollar 1988 Value
The 1 oz fine silver one dollar coin was minted in 1988 by the Royal Canadian Mint. It was the first coin in a series of silver dollar coins that were minted yearly until 1995. The coin is a commemorative coin and was minted to celebrate the 200th anniversary of the arrival of the first official Lieutenant Governor of Upper Canada, John Graves Simcoe.
Design and Specifications
The design of the 1 oz fine silver one dollar coin features John Graves Simcoe on the obverse side, while the reverse side features a canoe on a lake with a pine tree in the background. The coin has a diameter of 36.07 mm and a thickness of 2.62 mm. It has a denomination of one Canadian dollar and is made of 99.99% pure silver, making it one of the purest silver coins ever produced by the Royal Canadian Mint.
Value
The value of the 1 oz fine silver one dollar coin varies depending on its condition and rarity. As of 2021, the average value of the coin in uncirculated condition is around $25 CAD. However, if the coin is in proof condition, it can be worth up to $70 CAD. The coin is relatively easy to find, but finding one in mint condition can be challenging.
Collectibility
The 1 oz fine silver one dollar coin is a popular coin among collectors due to its unique design and historical significance. It is part of a series of silver dollar coins that were minted yearly from 1988 to 1995, making it a popular choice for collectors who want to complete the series. The coin is also relatively affordable, making it an excellent option for beginner collectors who want to start building their collection.
Conclusion
The 1 oz fine silver one dollar coin minted in 1988 is an excellent addition to any coin collection. It features a unique design and historical significance, making it a popular choice among collectors. While the coin's value is relatively low, it is still a valuable investment due to its high silver content. Whether you're a seasoned collector or a beginner, the 1988 silver dollar is an excellent coin to add to your collection.