Canadian 2-dollar coin · Elizabeth II

2003 Canadian 2 dollars (toonie)

A 2003 Canadian 2-dollar coin contains no silver.

No silver

Reported mintage, 2003

11,244,000

The Mint records this coin as outer ring 99% nickel, inner core 92% copper, 6% aluminum, 2% nickel. There is no melt trade in it and no dealer prices it by weight.

What the Mint says it is made of

PeriodCompositionWeightSilverDiameterMagnet
1996 - 2012outer ring 99% nickel, inner core 92% copper, 6% aluminum, 2% nickel7.3 gnone28 mmnot stated

How many were struck

11,244,000

Reported mintage, 2003

That is the 5th lowest of the 29 years in which the Mint reports striking a 2-dollar coin, in a range running from 1,045,000 to 375,483,000. Mintage is a count of coins made, not of coins that survive: the Mint has no way of knowing how many of these were later returned and melted, and for a silver denomination in the 1960s that number is large.

Portrait on the obverse

Elizabeth II

Canadian artist, Susanna Blunt, designed the effigy of Queen Elizabeth II, again accompanied by the words ELIZABETH II D G REGINA. Blunt's version recalls the effigy of George VI, who also chose to be portrayed without a crown.

Every portrait by year

The design on the reverse

(1996-1998 and 2001-2003)

The polar bear (1996-1998 and 2001-2003)

When introduced in 1996, the 2-dollar circulation coin showed a portrait of Queen Elizabeth II designed by Canadian artist Dora de Pedery-Hunt. This image of Her Majesty appeared on all Canadian circulation coins from 1990 to 2003. The iconic Polar Bear design on the reverse is the work of renowned wildlife artist Brent Townsend.

The rest of your 2003 change

Nobody inherits one denomination. If there is a 2003 2-dollar coin in the tin, these are the other coins carrying that date and whether they hold any silver.

DenominationComposition in 2003SilverMintage
1 cent penny94% steel, 1.5% nickel, 4.5% copper platingnone748,123,000
5 cents nickel94.5% steel, 3.5% copper, 2% nickel platingnone101,793,000
10 cents dime92% steel, 5.5% copper, 2.5% nickelnone164,617,000
25 cents quarter94% steel, 3.8% copper, 2.2% nickel platingnone100,638,000
50 cents half dollar93.15% steel, 4.75% copper, 2.1% nickel platingnone0
1 dollar91.5% nickel, 8.5% bronze platingnone5,102,000

Everything Canada struck in 2003

Composition, weight, diameter and mintage are reproduced from the Royal Canadian Mint’s published record for the 2-dollar coin, retrieved 2026-09-04. Silver content is calculated from that published weight and fineness rather than transcribed. Portrait periods come from the Mint’s Faces of the Monarch. No value on this page is a collector price. Methodology.