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The Canadian five-cent coin, commonly called a nickel, is a coin worth five cents or one-twentieth of a Canadian dollar. It was patterned on the corresponding coin in the neighbouring United States. It became the smallest-valued coin in the currency upon the discontinuation of the penny in 2013 .
For the 2017 Canada 150 series, the Royal Canadian Mint held a contest titled My Canada, My Inspiration [12] to determine the reverse designs of the five circulating coins. The 50-cent coin would contain the Canadian Coat of Arms on the reverse, with the Canada 150 logo, designed by Ariana Cuvin, on the obverse, replacing Queen Elizabeth II.
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 images of the RCMP have been featured on various Canadian coins. The first coins that featured the image of the RCMP were the twenty-five cent and one dollar coins of 1973. Police Constable Paul Cederberg designed both coins. The twenty-five cent coin is unique in that there are two varieties of the coin.
Canada got its first glimpse of European money in the 1660s, when French colonists arrived from across the Atlantic. It took another 150 years for Canada to issue its own banknotes.
4 Unusual Ways To Make Extra Money That Actually Work This article originally appeared on GOBankingRates.com : 7 Rare Coins To Sell in 2025 To Boost Your Retirement Savings Show comments
In 2017, the RCM issued special edition one-dollar coins in silver and gold with platinum plating to commemorate the 30th anniversary of the introduction of the loonie, with one of the coins utilizing its design, intended as a new version for the current dollar coin, but bearing the dual dates "1987–2017".
The Bank of Canada Museum (French: Musée de la Banque du Canada; since July 2017), formerly known as the Currency Museum (French: Musée de la monnaie), opened in 1980 on the ground floor of the Bank of Canada building in Ottawa, Ontario. Temporarily closed in 2013 for major building renovations, the museum reopened in a new space on July 1 ...