The coin shown is the 1970 Canadian Dollar Commemorative Coin, which marks the 100th anniversary of Manitoba’s entry into the Canadian Confederation (1870-1970). The reverse design features the provincial flower of Manitoba, the prairie crocus.
The description “Extremely Rare” and the text “$1,000 DOLLAR COIN” in the image suggest a focus on a potentially rare variety or high-grade example.
Here is a general breakdown of its value:
- Standard Nickel Version (Circulating Commemorative): The coin was made of nickel, and over 4 million were minted. Circulated examples typically sell for near face value or a few Canadian dollars. Uncirculated (Proof-like or Specimen) versions often sell for a modest premium, generally from a few dollars up to about C$20-C$40, depending on the condition and if they are in original packaging.
- High-Grade Examples: As with any coin, ones graded exceptionally high (e.g., MS-66 or MS-67) can fetch significantly higher prices, sometimes reaching into the hundreds of dollars, but the “$1,000” price tag is usually reserved for the absolute best condition or very specific rare varieties.
- The Rare Varieties:
- Counterstamped Coins: Some numismatic discussions mention a rare counterstamped variety of the 1970 dollar that can be worth much more, potentially reaching values in the thousands of dollars in high grades.
- “Gold” Pattern/Trial Strike: There is also a legendary and extremely rare 1970 Manitoba Gold Dollar trial strike, which is not available to the general public and is considered one of the “Holy Grails” of Canadian numismatics. If the image is referring to this coin, the value would be extremely high.
In summary, the vast majority of the 1970 Manitoba dollar coins are not worth $1,000. To command a price that high, your coin would need to be:
- A non-standard, extremely rare variety (like a counterstamped coin or the “Gold” pattern coin).
- An example in flawless, top-tier certified condition (e.g., MS-66 or higher).
You would need to have the coin authenticated and professionally graded by a reputable coin grading service to determine if it is one of the rare and highly valuable examples.