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The coin was eventually sold in 1965 to John McKay-Clements, former mayor of Haileybury, Ontario. Following McKay-Clements' death in 1976, the coin was auctioned off again. Due to its uniqueness, it gained the nickname of the "Emperor of Canadian Coins" [2] around the same time the 1911 half-dollar was dubbed the "King of Canadian Coins". [4]
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 superstar of this collection would be the Canadian Native Cultures and Traditions coins.
The 1911 pattern dollar coin was produced with the "Dei gra:" abbreviation on the two known silver examples and the one known example in lead. Obverse of a 1917 Canadian 10-cent piece. In 1920, the fineness of the silver coins was changed from .925 fine silver to .800 fine silver, and the size of the cent was reduced. [6]
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
Neither the silver nor nickel dollars circulated well although the Royal Canadian Mint (RCM) saw a need for a circulating dollar coin. Since a one-dollar coin could last 20 years longer than a one-dollar bill, they calculated that they could save up to $250 million in 20 years. [ 7 ]
The obverse of all Canadian coins feature the reigning monarch, currently His Majesty King Charles III. [1] The effigies of the monarchs on the coins originally were provided by the Royal Mint in London, leading to similarity between Canadian coins and coins of other Commonwealth nations. Since 1990, however, the effigy has been prepared by ...
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