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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.
Among numismatists, the 1921 50-cent coin is considered the rarest Canadian circulation coin and is known as The King of Canadian coins. As of 2012, a 1921 50-cent piece in MS-65 condition is valued at $250,000 to $350,000. [citation needed] Despite a mintage of 206,398 coins, there was a very low demand for 50-cent coins in the 1920s. The ...
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 ...
Illustration of the first Canadian fifty-cent coin, showing Queen Victoria, 1871 Bank of Upper Canada, one penny token showing St George and the Dragon, 1857. In 1867, the federal government planned to issue its own coinage, in denominations of one cent, five cents, ten cents, twenty-five cents, and fifty cents. [28]
A penny, on its face, is worth one cent. $0.01 U.S. dollars. On the other hand, that same penny -- if melted down for the copper it contains -- could be worth quite a bit more.
The twenty-five cent coin has borne a caribou on its reverse since the current coin designs were introduced in 1937. [2] The twenty-five cent coin is the coin which is most frequently used for commemorative purposes. For the list of commemorative twenty-five cent coins issued by the Mint, see: Quarter (Canadian coin).
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