Coins of the Canadian dollar

Between the years 2000 and 2007 the Royal Canadian Mint struck fewer than 16 million of them; by contrast, during the same period, over 2.25 billion quarters were released.

For example, the large Canadian penny was identical in size and value to the contemporary British half-penny, which was 25 mm (1 in) in the Edward VII version, and slightly larger during Victoria's reign.

The most significant recent developments in Canadian coinage were the introduction of $1 and $2 coins and the withdrawal of the one cent piece.

[citation needed] The new coin is colloquially called the "loonie", for the common loon on its reverse, and the name is frequently applied to the currency unit as well.

Due to the high demand for the $2 polar bear coin (mintages between 1997 and 2001 were as high as 29 million in 2000 alone), the $1 coin was only produced for the standard collector sets that were made available on an annual basis, such as the Uncirculated, O Canada, Specimen and Proof sets.

On the obverse sides, the name and title of the Canadian Monarch appear in an abbreviated-Latin circumscription.

Regina", and they read "Canada Elizabeth II", along with the date of issue and Ilanaaq, the emblem of the games.

Beginning in 1858, various colonies of British North America started issuing their own coins denominated in cents, featuring the likeness of Queen Victoria on the obverse.

Other colonies that issued decimal coinage were New Brunswick and Nova Scotia both starting in 1861, Newfoundland in 1865, and Prince Edward Island in 1871.

[8] The Canadian Coin News publication printed an article showing a well-worn 1911 50¢ example that did have the "Dei gra:" abbreviation.

[9] This coin has not yet been certified as genuine, having been rejected by ICCS, the popular Canadian grading company.

[13] In late 1937, the tools and matrices finally arrived from London, so the issue of the new coins of the reign of King George VI was struck immediately.

The obverse has the usual portrait of George VI while the reverse depicts the Canadian Houses of Parliament in Ottawa.

While all Canadian George VI coins remain legal tender, the nickels are the only remaining George VI coinage in any nation that have been neither demonetized nor effectively withdrawn from circulation due to precious metal content (or, in the case of the penny, been withdrawn from circulation).

While waiting for the new tools and matrices to arrive from the Royal Mint, the decision was made to strike 1947-dated coinage, but a maple leaf symbol would be added next to the date to indicate that the coins were struck in 1948.

The upper part of the 7 near the maple twig is slightly blunted compared to the normally found pointed variety.

The new tools and matrices arrived from London, so the issuing of the maple leaf coinage ceased as a result.

In 1987, the $1 coin, colloquially known as the "loonie", was introduced, replacing the Voyageur dollar with a new design, new colour, and smaller size.

Coins issued in 2002 do not have the usual mint date, which normally appears on the reverse side.

The Royal Canadian Mint stated that circulating coinage featuring Charles III would be released in the fourth quarter of 2023.

Six years later, a "Mountie quarter" was issued in 1973 to commemorate the centennial of the Royal Canadian Mounted Police.

[18] The Mint states that, with normal wear and tear, the colour should remain for a number of years, although this claim was quickly disproved.

[citation needed] The colouration compounds are attached to the metal on a specially prepared 'dimpled' section of the coin and seem to come off easily if deliberately rubbed.

On February 21, 2007, the mint announced that they would be producing a 100-kilogram coin the size of a large pizza with a face value of $1 million.

This new coin bears the highest face value in the world, using approximately $2 million of 99.999% pure bullion, and five were produced and sold to investors.

This affected the new effigy because the centre portion containing two lines on the shoulder (representing a fold in the Queen's gown) did not strike up well on the coins.

This marked the first time that the effigy of a monarch did not wear headdress since Elizabeth's father, King George VI, a half-century earlier.

The rarity stems from the fact the federal government chose not to proceed with producing a "silver dollar" in 1911.

(Tombac 1943–1944) (Steel 1944–1945) The 5-cent piece underwent a design change for the first time since 1937 when the beaver was first introduced.

In the interest of promoting the war effort, the famous V sign from Winston Churchill was adopted.