1 Cent - Elizabeth II (Golden Jubilee; magnetic) obverseObverse
1 Cent - Elizabeth II (Golden Jubilee; magnetic) reverseReverse

1 Cent - Elizabeth II (Golden Jubilee; magnetic)

Canada

2002

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Specifications

CountryCanada
Years Minted2002
CompositionCopper plated steel (94% steel, 1.5% nickel, 4.5% copper plating)
Weight2.35 g
Diameter19.05 mm
Thickness1.45 mm
ShapeRound
EdgePlain

Design

Obverse

Head of Queen Elizabeth II, as at 64 years of age, wearing the royal diadem, necklace, and earrings, facing right and the dates "1952-2002".

Reverse

A maple twig is surrounded with the face value and the inscription "CANADA".

Catalog References

History & Notable Facts

Picture this: a humble Canadian 1 Cent piece from 2002 that clings to your fridge like a lost souvenir, thanks to its magnetic steel core—proof that even in the world of numismatics, not every coin needs to be gold to pull off a neat trick. Minted during Queen Elizabeth II's Golden Jubilee, this coin dropped into circulation amid a relatively calm year for Canada, fresh off the heels of the tech bubble's burst and the somber shadow of 9/11. The country was riding high on economic stability, with the loonie strengthening and a growing sense of national pride, but it was also a time of quiet transition in coinage, as Canada began phasing out its pennies altogether by 2012. This little cent, then, captures a slice of that era's understated optimism, commemorating 50 years of the Queen's reign while hinting at the end of an everyday icon.

On the obverse, you'll find a mature portrait of Elizabeth II, designed by Dora de Pédery-Hunt, which adds a touch of regal warmth and historical depth—it's not just a face, but a nod to her enduring legacy amid changing times. Flip it over, and the reverse sports the classic maple leaf, a symbol of Canadian identity since 1937, but this version might bear subtle variations that numismatic enthusiasts geek out over, like the magnetic composition that made production cheaper post-2000. Artistically, it's straightforward, lacking the flair of earlier designs, but historically, it marks a shift toward practical metallurgy, making it a subtle collector's gem for those hunting Canadian coin values or error varieties, such as off-center strikes or the rare non-magnetic anomalies that pop up.

As far as the collector angle goes, this isn't a key date that'll fetch a fortune—most 2002 Canadian 1 Cent coins are common as dirt, pulling in just a couple of bucks in circulated condition. But for coin collecting diehards, the magnetic feature is a sleeper hit, driving niche demand among variety hunters who value its composition quirks over rarity. No precious metals here, just steel-plated zinc, so market forces hinge on sentimental appeal rather than bullion buzz. If you're overpaying, it's probably for the story, not the shine—think of it as a $2 bin find with a golden jubilee twist, perfect for numismatic newbies dipping their toes into Canada coin values without breaking the bank.

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AI Analysis & Price Prediction

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12-Month Price Prediction: $--- - $---

The 1 Cent - Elizabeth II (Golden Jubilee; magnetic) has shown consistent appreciation over the past decade. Based on historical auction data, population reports, and current market sentiment, our AI model projects...

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