The 1982 No Mint Mark Canadian Nickel has become a sought-after treasure among coin collectors. This unique coin, resulting from a minting oversight, lacks the customary mint mark, making it a rare find.
Its scarcity and the intrigue surrounding its origin have significantly increased its value in the numismatic community.
Understanding the 1982 No Mint Mark Canadian Nickel
What Makes This Coin Unique?
In 1982, the Royal Canadian Mint produced 5-cent coins without a mint mark, a deviation from the standard practice. Typically,
Canadian coins bear a mint mark indicating their place of production. The absence of this mark on the 1982 nickel was an unintended error, leading to the creation of a rare variant.
Composition and Design
- Composition: 75% copper and 25% nickel (cupro-nickel)
- Weight: 4.54 grams
- Diameter: 21.2 mm
- Edge: Plain
- Obverse Design: Portrait of Queen Elizabeth II
- Reverse Design: Beaver sitting on a rock, designed by G.E. Kruger-Gray
Mintage and Rarity
In 1982, the Royal Canadian Mint produced approximately 105,539,898 of these 5-cent coins for circulation.
However, the exact number of coins without the mint mark remains unknown, adding to their rarity and desirability among collectors.
Current Market Value
The value of the 1982 No Mint Mark Canadian Nickel varies based on its condition and rarity.
While circulated coins might fetch modest sums, uncirculated or proof versions can command significantly higher prices. For instance, a proof version of this coin has been valued at approximately $0.27.
1982 Canadian 5-Cent Coin Varieties
| Coin Type | Mintage | Composition | Notable Features |
|---|---|---|---|
| Circulation Coin | 105,539,898 | Cupro-nickel | Standard design |
| Proof Coin | 180,908 | Cupro-nickel | High-quality finish |
Why Collectors Seek This Coin
- Rarity: The absence of the mint mark makes it a unique variant.
- Historical Significance: Represents a notable minting error in Canadian coinage history.
- Investment Potential: Rare coins often appreciate in value over time.
The 1982 No Mint Mark Canadian Nickel stands as a testament to the fascinating world of coin collecting, where minting errors can transform ordinary coins into valuable collectibles.
Whether you’re a seasoned numismatist or a curious newcomer, this coin offers a glimpse into the rich tapestry of Canada’s minting history.
FAQs
How can I identify a 1982 No Mint Mark Canadian Nickel?
Examine the coin’s obverse side. If there’s no mint mark beneath Queen Elizabeth II’s portrait, it’s the no mint mark variant.
Is the 1982 No Mint Mark Nickel valuable?
Yes, especially in uncirculated or proof condition. Its value depends on its condition and rarity.
Where can I sell or buy this coin?
Reputable coin dealers, online marketplaces, and numismatic auctions are good places to buy or sell.