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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 Royal Canadian Mint's bullion coin program consists of gold, silver, platinum and palladium maple leaf coins, as well as other products, such as MapleGrams. The Royal Canadian Mint's 1-ounce gold maple leaf coin was launched in 1979, and the 1-ounce silver maple leaf and 1-ounce platinum maple leaf coins were launched in 1988. [10]
The quarter, short for quarter dollar, is a Canadian coin worth 25 cents or one-fourth of a Canadian dollar.In addition to being used as circulating currency, this denomination has also been used to make commemorative coins struck by the Royal Canadian Mint.
In 1970, Master of the Mint Gordon Ward Hunter relaunched the Foreign Circulation division. In January 1970, the RCM won a contract from Singapore to produce six million rimmed blanks in a cupronickel alloy. [3]: 148 This was the Mint's first export contract since a contract for the Dominican Republic 32 years earlier. The second contract came ...
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.
Canadian coins circulate as the following: 5 cents (nickel) 10 cents (dime) 25 cents (quarter) CAD $1 (loonie) ... 1996, to replace the $2 bill, according to the Royal Canadian Mint. While perhaps ...
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