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The "Victory nickel", struck from 1943 to 1945, was the first non-standard circulating Canadian coin other than commemorative dollars; the reverse features a flaming torch and a large V that stands for both Victory and the coin's denomination. The rim denticles were replaced by the phrase "We win when we work willingly" in Morse Code.
From 1943 to 1945, the Mint issued the "Victory nickel" to promote the Canadian war effort. In 1951 a circulating commemorative coin, a 5-cent piece for the bicentennial of the discovery of the element nickel, was released. In 1967, all Canadian coins were issued with special reverses to celebrate the Canadian centennial.
The Victory Nickel is a Canadian coin produced between 1943 and 1945. The design of the coin was intended to promote the Canadian war effort during World War II. [1] The coin was designed by Thomas Shingles, [1] Master Engraver of the Royal Canadian Mint. The rim of the reverse side of the coin bears the message "We Win When We Work Willingly ...
Canadian coins circulate as the following: 5 cents (nickel) 10 cents (dime) 25 cents (quarter) CAD $1 (loonie) ... The prices listed below are only for coins in pristine condition.
The 1946 coin had the lowest mintage of any five cent coin. Published official mint reports, as well as unpublished mint accounting records, do not indicate any mintage of the five cent coin during 1946. The speculation is that the 1946 coin was actually minted in 1947. Therefore, the figures for 1946 and 1947 are considered unofficial. [5]
In 2006, the Royal Canadian Mint produced a test token set as a way to commemorate Canada's second 25 cent coloured coin. The token set contains one twenty-five cent coin, and six test tokens. The tokens for the one cent to the twenty five cents are multi-ply plated while the token for the one and two dollar coins are composed of nickel.
The Royal Canadian Mint refers to the coin as the "1-cent coin", but in practice the terms penny and cent predominate. [6] 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.
Precious metals in the form of coins whose market value is determined by metallic content rather than scarcity. bullion value The current market value of the raw precious metal content of a coin. For example, the bullion value for Canadian silver coins minted between 1920 and 1966 is 12 times the face value when silver is $20.00 per troy ounce.
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