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Eventually the new Obverse dies did arrive, and they began to mint the 1948 dollars midway through the year. The very low mintages of these made the 1947 Maple Leaf and 1948 dollars exceptionally rare, with the 1948 Silver Dollar commanding a very high market price. (Mint condition 1948 coins are worth over CA$2,000 as of July 2019.
They were based on the value of the American dollar, due to an influx of American silver. [4] Denominations issued were 1¢, 5¢, 10¢, and 20¢. The 1¢ coin was issued again in 1859, but it was very unpopular due to its extremely light weight. The coins had to be discounted by around 20% to get them into circulation.
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.
On May 4, 1910, the Canadian government passed an amendment to the Currency Act (Bill 195) which, among other things, called for the requirement of a Canadian silver dollar. [3] James Bonar, Deputy Master of the Royal Mint, had ordered the master dies for this new dollar on November 10, 1910. Production of the dies was delayed, and they were ...
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
There have been two different designs for the one dollar coin. The first, the Voyageur one dollar coin, was issued in 1935 to commemorate the twenty-five years of King George V's reign. It featured a voyageur (French-Canadian fur trader) and an indigenous man, paddling a birch-bark canoe laden with furs, with the northern lights in the ...