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In Canada, a penny (minted 1858–2012) is an out-of-production coin worth one cent, or 1 ⁄ 100 of a dollar. According to the Royal Canadian Mint , the official term for the coin is the one-cent piece , but in practice the terms penny and cent predominate.
Canada didn't issue a $1 circulation coin until 1935, when it issued a circulating dollar commemorating George V's Silver Jubilee. Among numismatists, the 1921 50-cent coin is considered the rarest Canadian circulation coin and is known as The King of Canadian coins.
Expansion in the numismatic line was a key element of the 1990s. The first significant sign was the creation of the two-hundred dollar gold coin. Starting in 1990, this coin was sold for a higher price than its face value. The first coin commemorated the Silver Jubilee of Canada's flag and sold for $395.00.
The voyageur dollar is a coin of Canada that was struck for circulation from 1935 through 1986. Until 1968, the coin was composed of 80% silver. A smaller, nickel version for general circulation was struck from 1968 through 1986. In 1987, the coin was replaced by the loonie. Like all of Canada's discontinued coins, the voyageur dollar coins ...
The Canadian silver dollar (French: Dollar argent du Canada) was first issued by the Royal Canadian Mint in 1935 to commemorate the Silver Jubilee of King George V.The coin's reverse design was sculpted by Emanuel Hahn and portrays a voyageur and a person of Indigenous descent paddling a birch-bark canoe.
Following the return to the gold standard, British and United States gold coins, government of Canada notes, and Canadian coins were legal tender. Bank notes ceased to be legal tender. However, the return was short-lived. Britain went off the gold standard in September 1931, during the depths of the Great Depression. Canada followed suit by ...
Liabilities for outstanding provincial and Dominion of Canada notes was transferred to the Bank of Canada in 1935, and liability for chartered bank notes in 1950. As of December 31, 2016, the total value of provincial, Dominion, chartered bank, and discontinued Bank of Canada denominations still outstanding is $1.139 billion, of which more than ...
For the 2017 Canada 150 series, the Royal Canadian Mint held a contest titled My Canada, My Inspiration [12] to determine the reverse designs of the five circulating coins. The 50-cent coin would contain the Canadian Coat of Arms on the reverse, with the Canada 150 logo, designed by Ariana Cuvin, on the obverse, replacing Queen Elizabeth II. [13]
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