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The Canadian silver dollar (French: Dollar argent du Canada) was first issued by the Royal Canadian Mint in 1935 to commemorate the Silver Jubilee of King George V.The coin's reverse design was sculpted by Emanuel Hahn and portrays a voyageur and a person of Indigenous descent paddling a birch-bark canoe.
One of the most profitable aspects of the Royal Canadian Mint (RCM) is its numismatic product line. [1] The first numismatic coin from the RCM was arguably the 1935 dollar commemorating the Silver Jubilee of King George V.
Neither the silver nor nickel dollars circulated well although the Royal Canadian Mint (RCM) saw a need for a circulating dollar coin. Since a one-dollar coin could last 20 years longer than a one-dollar bill, they calculated that they could save up to $250 million in 20 years. [7]
Discover More: 10 Rare Coins Expected To Soar in Value in the Next Five Years. Find Out: 3 Things You Must Do When Your Savings Reach $50,000. ... The value of silver dollars can vary greatly ...
The Canadian 5¢ coins, until the larger nickel coins of 1922, were 15 mm silver coins quite different from the U.S. "Liberty head" nickels of 1883 to 1913, which were 21.2 mm and copper-nickel alloy, but more like the older U.S. half dimes.
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.