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Canadian 1989 Five Cent Value

Coin Values, images, and specs for the 1989 Five Cent from Canada.

The Canadian 1989 Five Cent coin, made of nickel, was issued during Prime Minister Brian Mulroney’s administration, which focused on continuing the benefits of the Canada-U.S. Free Trade Agreement. The nickel industry remained essential to Canada’s economy, and the beaver design on the coin symbolized Canadas connection to its resource-based economy.

In 1989, Canada’s economy showed growth due to trade liberalization. The Canadian 1989 Five Cent coin, composed of nickel, reflected the nations economic resilience, supported by industries like nickel mining. The coins design and metal underscored Canada’s ongoing reliance on natural resources, which were central to the economy and trade relations.
Obverse of Canadian 1989 Five Cent Value Reverse: Canadian Canadian 1989 Five Cent Value

Canadian 1989 Five Cent Valuations

Very Good Condition
$0.10
Fine Condition
$0.20
Very Fine Condition
$0.30
Extremely Fine Condition
$0.50
About Uncirculated
$0.70
Mint State 60
$0.90
Mint State 63
$3.25
Mint State 64
$8.00
1989 Five Cent Mintage

Elizabeth II 1989 Five Cent coin is a popular coin with 141,435,53 minted. Each year, the Elizabeth II 1989 Five Cent mintage numbers vary, making certain years more sought after by collectors and investors due to their limited production.
The value of Elizabeth II 1989 Five Cent coins are influenced by their rarity or mintage, condition, and historical significance.

1989 Five Cent Worth

The value of 1989 Five 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 1989 Five 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.

1989 Five Cent Coin Composition

The value of a Canadian 1989 Five Cent coin depends on its composition and the current market prices of the metals used. Coins like the Canadian 1989 Five 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 1989 Five 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 1989 Five Cent coin, regardless of its face value.