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Although the Mint has produced many special edition coins in recent years, Canada does have a history of such coins. 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.
The first significant sign was the creation of the two-hundred dollar gold coin. Starting in 1990, this coin was sold for a higher price than its face value. 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.
The government fixed the value of the Canadian dollar against the pound sterling ($4.43 buying and $4.47 selling) and also against the US dollar ($1.10 (US$0.9091) buying and $1.11 (US$0.9009) selling). The government also imposed strict currency controls on exchanges with foreign currencies, particularly the United States dollar.
The 1-, 10- and 25-cent pieces in 1937 would be struck from dies with a 1936 date on the reverse. To distinguish that these coins were issued in 1937, a Dot mint mark was placed on the 1936 dies, and could be found beneath the year. These coins fulfilled demand for coins until new coinage tools with the effigy of King George VI were ready.
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 .
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...
The coin changed hands several more times, [5] being sold to Anthony Carrato of Eagle Coin Company for US$160,000 in July 1979, then Joseph Carlton and David Hirschman of Carlton Numismatics Inc. for US$325,000. [6] Eventually, the coin made its way back to Canada after being auctioned off for US$690,000 to George H. Cook, a renowned Canadian ...
It took another 150 years for Canada to issue its own banknotes. ... But other $2 Canadian coins have been around a lot longer than that — including $2 Victoria Newfoundland coins that were ...