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[34] [38] The next year, 1858, the first Canadian decimal coins were released. Minted at the Royal Mint in London, they were issued in the name of "Canada", with an effigy of Queen Victoria on the obverse. The coins were in denominations of one-cent, five-cents, ten-cents, twenty-cents and fifty-cents. [28] [34]
The first circulation coin to be introduced with the new mintmark. [27] The issue date reads 1996–2006. [28] 2008 Québec, 400th anniversary of founding of Quebec City, the first French settlement in North America The coin was designed by jeweller Geneviève Bertrand, a Quebec City native. The engraving was done by RCM engraver William Woodruff.
With the passing of the Currency Act on 1 August 1854, the Province of Canada introduced a decimal currency. Coins were struck in 1-, 5-, 10- and 20-cent denominations. The new Canadian dollar was equal in value to the New Brunswick dollar , which was introduced in 1852.
In 2000, the Royal Canadian Mint lent a series of the new plated 10¢, 25¢ and 50¢ issues to the vending industry for testing purposes. These coins were issued with the letter P below the Queen's effigy. Some of these coins were not returned to the RCM by the vendors and it is possible some were sold to collectors at a considerable premium. [41]
Heaton continued to mint quarters for Canada afterward from 1874 to 1883. [5] There was a four-year hiatus during this period as the coins were transitioned from a plan to a milled edge. Enlargements to the facilities at the Royal Mint were completed in 1883, which meant they could handle Canadian coin production. [7]
According to the Mint, a large quantity of the 1912–1914 gold coins were stored by the Bank of Canada for over 75 years. [13] In 2012, the Mint offered 30,000 coins from the collection for sale to the public through its retail channels and stated that it would melt and refine the remainder of the 245,000 coins to sell the gold content. [13]
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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).