Canadian 2-dollar coin · Elizabeth II

2012 Canadian 2 dollars (toonie)

A 2012 Canadian 2-dollar coin contains no silver.

No silverNo silver

Reported mintage, 2012

89,185,000

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
2012 - presentouter ring - multi-ply nickel plated steel, insert - multi-ply brass plated aluminum bronze6.92 gnone28 mmattracted

Two entries here is not a mistake in the table. The Mint’s own specification for the 2-dollar coin covers 2012 twice, because the metal changed during that year or at its boundary. Coins struck to each standard carry the same date. They differ by weight, so a scale reading to a hundredth of a gram separates them.

How many were struck

89,185,000

Reported mintage, 2012

That is the 28th 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 rest of your 2012 change

Nobody inherits one denomination. If there is a 2012 2-dollar coin in the tin, these are the other coins carrying that date and whether they hold any silver.

DenominationComposition in 2012SilverMintage
1 cent penny94% steel, 1.5% nickel, 4.5% copper platingnone199,347,000
5 cents nickel94.5% steel, 3.5% copper, 2% nickel platingnone202,944,000
10 cents dime92% steel, 5.5% copper, 2.5% nickelnone334,675,000
25 cents quarter94% steel, 3.8% copper, 2.2% nickel platingnone178,450,000
50 cents half dollar93.15% steel, 4.75% copper, 2.1% nickel platingnone250,000
1 dollar91.5% nickel, 8.5% bronze plating; or multi-ply brass plated steelnone119,519,000

Everything Canada struck in 2012

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.