6 denominations on record · Elizabeth II on the obverse

Canadian coins dated 1988

Nothing struck for circulation in 1988 contains any silver. Whatever a 1988 coin is worth, it is not worth it as metal.

Coins struck in 1988, all denominations

940,181,849

Across 6 of the 6 denominations on record for 1988. Nothing dated 1988 was struck in a silver-bearing alloy, so there is no melt figure for this year. Value here is a question about condition and scarcity, not about metal.

Every denomination dated 1988

CoinComposition in 1988WeightSilverMintageMagnet
1 cent penny98% copper, 1.75% tin, 0.25% zinc2.5 gnone482,676,752not attracted
5 cents nickel75% copper, 25% nickel4.6 gnone75,025,000not stated
10 cents dime99.9% nickel2.07 gnone162,998,558attracted
25 cents quarter99.9% nickel5.05 gnone80,368,000attracted
50 cents half dollar99% nickel (minimum)8.1 gnone220,000attracted
1 dollar91.5% nickel, 8.5% bronze plating7 gnone138,893,539attracted

What was on the coins

1 cent

The maple leaf twig (12-sided coin)

The shape of the maple leaf twig was altered to make identification easier for the visually impaired. The coin reverted to the round design in 1997.

5 cents

The beaver

The beaver design was created in 1937 by G.E. Kruger-Gray as part of a coin modernization effort.

10 cents

Bluenose

Emanuel Hahn's design depicts the Bluenose under sail.

25 cents

The caribou

Emanuel Hahn's caribou design was adopted in 1937 in an effort to modernize Canada's circulation coins.

50 cents

The modified Coat of Arms

The Canadian Government approved a new Coat of Arms in 1957. In 1959 it appeared on the 50-cent coin, where it remains to this day.

1 dollar

The Loonie

The 1-dollar bill was replaced in 1987 by a new eleven-sided circulation coin nicknamed the 'Loonie'. Robert-Ralph Carmichael's popular design features a Canadian loon, and is made of aureate bronze.

Whose portrait is on it

A Canadian coin dated 1988 carries the effigy of Elizabeth II, used from 1965 to 1989.

This updated effigy of Queen Elizabeth II appeared with the inscription ELIZABETH II D G REGINA, a shortened form of the original.

Every portrait and the years it appeared

What 1988 coins sell for

Completed sales rather than a catalogue value, because we do not publish catalogue values.

1988 Canadian coins, sold

Completed sales, newest first, so you are looking at what buyers paid rather than what sellers are asking. Affiliate link: we may earn a commission if you buy, at no cost to you, and it changes nothing on this page.

Composition, weight and mintage for every coin above are reproduced from the Royal Canadian Mint’s published circulation coin record, retrieved 2026-09-04. Silver content is calculated from the published weight and fineness. Of the 6 denominations struck this year, 6 produced coins. Methodology.