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Canadian 1998 One Cent Value

Coin Values, images, and specs for the 1998 One Cent from Canada.

The Canadian 1998 One Cent coin continued the copper-plated zinc composition introduced in 1997, reflecting cost-saving measures by the Royal Canadian Mint. This shift highlighted Canada’s economic focus on efficiency as the country experienced strong GDP growth and job creation under Prime Minister Jean Chrétien. The 1998 One Cent coin retained the traditional maple leaf design, reinforcing national pride amid global economic shifts.

In 1998, Canada faced severe ice storms in Quebec and Ontario, causing massive damage and economic losses. The Canadian 1998 One Cent coin circulated during this crisis, symbolizing resilience as recovery efforts were funded by government aid. While inflation further diminished the coin’s value, the 1998 One Cent coin remained widely used, reflecting both tradition and Canada’s evolving economic landscape.
Obverse of Canadian 1998 One Cent Value Reverse: Canadian Canadian 1998 One Cent Value

Canadian 1998 One Cent Valuations

Very Good Condition
$0.10
Fine Condition
$0.30
Very Fine Condition
$0.45
Extremely Fine Condition
$0.75
About Uncirculated
$1.30
Mint State 60
$3.00
Mint State 63
$15.00
Mint State 64
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1998 One Cent Mintage

Elizabeth II 1998 One Cent coin is a popular coin with 900,436,00 minted. Each year, the Elizabeth II 1998 One Cent mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Elizabeth II 1998 One Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1998 One Cent Worth

The value of 1998 One Cent depends on its rarity, condition, historical significance, metal content, and demand among collectors. Understanding these factors helps in assessing a coin’s worth accurately.

Coins with unique features or errors can also command higher prices due to their novelty and appeal to collectors.
The value of a Canadian 1998 One Cent coin is based on auctions, market trends, and numismatic sources. These figures are a guide only; rarity, condition, and collector demand can affect the actual price.

1998 One Cent Coin Composition

The value of a Canadian 1998 One Cent coin depends on its composition and the current market prices of the metals used. Coins like the Canadian 1998 One Cent made from metals such as copper, nickel, or silver vary in worth based on their metal content and market conditions. While coins made from precious metals like silver may have a higher value due to fluctuations in silver prices, the Canadian 1998 One Cent coin made from more stable metals like copper or nickel tends to have a more consistent value. Factors like minting costs and collector demand also influence the value of the Canadian 1998 One Cent coin, regardless of its face value.