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According to the Royal Canadian Mint, the official term for the coin is the one-cent piece, but in practice the terms penny and cent predominate. [citation needed] Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins.
Illustration of the first Canadian fifty-cent coin, showing Queen Victoria, 1871 Bank of Upper Canada, one penny token showing St George and the Dragon, 1857. In 1867, the federal government planned to issue its own coinage, in denominations of one cent, five cents, ten cents, twenty-five cents, and fifty cents. [28]
In Canada, a dime is a coin worth ten cents. It has been the physically smallest Canadian coin since 1922; it is smaller even than the country's penny, despite its higher face value. According to the Royal Canadian Mint, the official national term of the coin is the 10-cent piece, but in practice, the term dime predominates in English-speaking ...
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 .
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 ...
From 2001-2006, most one cent, five cents, ten cents, twenty-five cents, and fifty cents issued for circulation were struck with a P mint mark to represent the Royal Canadian Mint’s plating process. Paralympic Logo; All circulation coins for the 2010 Vancouver Paralympic Games have the Paralympic Games logo on the Obverse of the coin. RCM Logo