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Since the opening of the Ottawa Mint, the Dominion of Canada's government wanted to produce decimal gold coins. [1] As it was a branch of the Royal Mint, it was obligated to mint sovereigns on request. [1] When sovereigns were requested, it was usually for export causes. Gold used to produce sovereigns initially came from British Columbia or ...
The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy ounces (113.0 gr; 7.32 g) of pure gold.Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery.
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 ...
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The new coin was struck in response to a large influx of gold into Europe from West Africa in the 1480s, and Henry at first called it the double ryal, but soon changed the name to sovereign. [2] Too great in value to have any practical use in circulation, the original sovereign probably served as a presentation piece to be given to dignitaries. [3]
Under United States law, coins that do not meet the legal tender requirement cannot be marketed as "coins". Instead, they must be advertised as rounds. [3] Bullion coins are typically available in various weights, usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier.
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Designed by Alex Colville, every coin produced that year featured a creature native to Canada: a rock dove on the 1¢ coin, a rabbit on the 5¢ coin, a mackerel on the 10¢ coin, a lynx on the 25¢ coin, a howling wolf on the 50¢ coin, and a Canada goose on the dollar. A commemorative gold $20 coin was also struck for collectors' sets, with a ...
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