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The coin was eventually sold in 1965 to John McKay-Clements, former mayor of Haileybury, Ontario. Following McKay-Clements' death in 1976, the coin was auctioned off again. Due to its uniqueness, it gained the nickname of the "Emperor of Canadian Coins" [2] around the same time the 1911 half-dollar was dubbed the "King of Canadian Coins". [4]
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 the dollar continued to be set by reference to the British sovereign and the American eagle, at the rate of 4.8666 Canadian dollars equal to £1, and ten Canadian dollars equal to the ten-dollar American eagle, the same rates as set in the 1853 Province of Canada legislation.
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 date on the obverse of the coin was 2007 and it had a mintage of 500. Teddy Bear; When the RCM released its Baby Lullabies and CD Set, a sterling silver one dollar coin was included in the set. The one dollar coin included a mint mark of a teddy bear. W; Used occasionally on specimen sets produced in Winnipeg, starting in 1998. W/P
Canadian Currency. Canada’s current paper currency is the Canadian dollar, which is available in 5-, 10-, 20-, 50- and 100-dollar notes, according to the EduCanada website. Canadian coins ...