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In 2010, the mint introduced a new series of silver 9999 fine 1-troy-ounce (31 g) bullion coins featuring Canadian wildlife. The first coin, launched in late 2010, depicts a wolf, while the second features a grizzly bear. The third design, depicting a cougar, was released on September 24, 2011, for public sales.
The Royal Canadian Mint stopped producing 1¢ coins in May 2012, and in February 2013 the Bank of Canada stopped distributing them, but the coins remain legal tender. Cash transactions are rounded to the nearest 5¢, while non-cash transactions (using cheques, credit cards, or debit cards) will continue to be rounded to the nearest 1¢.
The first coin commemorated the Silver Jubilee of Canada's flag and sold for $395.00. The superstar of this collection would be the Canadian Native Cultures and Traditions coins. These coins were minted from 1997 to 2000. The Haida coin has been an award-winning coin for the RCM, taking the Best Coin Award at the 1997 Singapore International ...
In October 1971, the Bank of Jamaica asked the RCM to produce a commemorative ten-dollar coin in sterling silver, and a twenty-dollar gold coin of proof quality. Also in 1971, the RCM made coins for the Bahamas, Bermuda, Cayman Islands, and the Isle of Man. [ 3 ] : 14 An order for 100 million general circulation five-centime and ten-centimo ...
The one dollar coin included a mint mark of a teddy bear. W; Used occasionally on specimen sets produced in Winnipeg, starting in 1998. W/P; Used on the Special Edition Uncirculated Set of 2003. The W mint mark stated that the coin was produced in Winnipeg and the P states that the coins are plated.
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. [citation needed] Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins.
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