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The loonie, formally the Canadian one-dollar coin, is a gold-coloured Canadian coin that was introduced in 1987 and is produced by the Royal Canadian Mint at its facility in Winnipeg. The most prevalent versions of the coin show a common loon, a bird found throughout Canada, on the reverse and Queen Elizabeth II, the nation's head of state at the time of the coin's issue, on the obverse. Various commemorative and specimen-set editions of the coin with special designs replacing the loon on the reverse have been minted over the years. Beginning in December 2023, a new version featuring King Charles III entered circulation, to replace the version featuring Elizabeth II.
The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. The U.S. Mint is one of two U.S. agencies that manufactures physical money. The other is the Bureau of Engraving and Printing, which prints paper currency. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point.
The Royal Canadian Mint is the mint of Canada and a Crown corporation, operating under the Royal Canadian Mint Act. The shares of the Mint are held in trust for the Crown in right of Canada.
The quarter, short for quarter dollar, is a Canadian coin worth 25 cents or one-fourth of a Canadian dollar. It is a small, circular coin of silver colour. According to the Royal Canadian Mint, the official name for the coin is the 25-cent piece, but in practice, it is usually called a "quarter", much like its American counterpart. In Canadian French, it is called a caribou. The coin is produced at the mint's facility in Winnipeg, Manitoba.
In Canada, a penny is an out-of-production coin worth one cent, or 1⁄100 of a dollar. 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. Penny was likely readily adopted because the previous coinage in Canada was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins. Like all Canadian coins, the obverse depicts the reigning Canadian monarch at the time of issue.
The Canadian Gold Maple Leaf (GML) is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint.
This glossary of numismatics is a list of definitions of terms and concepts relevant to numismatics and coin collecting, as well as sub-fields and related disciplines, with concise explanations for the beginner or professional.
The Canadian Silver Maple Leaf is a silver bullion coin that is issued annually by the Government of Canada since 1988. It is produced by the Royal Canadian Mint.
The coins of Canada are produced by the Royal Canadian Mint and denominated in Canadian dollars ($) and the subunit of dollars, cents (¢). An effigy of the reigning monarch always appears on the obverse of all coins. There are standard images which appear on the reverse, but there are also commemorative and numismatic issues with different images on the reverse.
The voyageur dollar is a coin of Canada that was struck for circulation from 1935 through 1986. Until 1968, the coin was composed of 80% silver. A smaller, nickel version for general circulation was struck from 1968 through 1986. In 1987, the coin was replaced by the loonie. Like all of Canada's discontinued coins, the voyageur dollar coins remain legal tender.
One of the most profitable aspects of the Royal Canadian Mint (RCM) is its numismatic product line. The first numismatic coin from the RCM was arguably the 1935 dollar commemorating the Silver Jubilee of King George V. Though intended for circulation, it was the first Canadian coin commemorating an event. The decision to issue this coin was made in October 1934 by Prime Minister R. B. Bennett. There were economic and patriotic motivations for the release of a silver dollar, including a hope to boost the silver mining industry. In future years, the silver dollar would have a more emotional meaning for many Canadians because it was also the first coin to have the Voyageur motif on its reverse.
Since the 1976 Summer Olympics in Montreal, the Royal Canadian Mint has struck Summer and Winter Olympic coins to mark games held in Canada.
Commemorative coins of Canada are coins issued by the Royal Canadian Mint to commemorate significant persons, special events, and anniversaries.
The Canadian silver dollar 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. The faint lines in the background represent the Northern Lights. The voyageur design was used on the dollar until 1986. It was then replaced with the 1987 Canadian 1-dollar coin. 1967 marked the end of the silver dollar as a business strike, or a coin issued for circulation. After 1967, the dollar coin was made of nickel, except for non-circulating commemorative issues for the collector market, which continue to contain silver.
Although the first Olympic coin can be traced back to 480 BC, the modern Olympics did not see its first commemoratives until 1951. The original concept of Olympic coins was that the Greeks believed that coins brought the general public closer to the Olympic games. The premise was that those who could not attend the games could at least have a tangible souvenir of the event.
The Canadian Platinum Maple Leaf is the official bullion platinum coin of Canada. First issued by the Royal Canadian Mint in 1988, it was available until 2002 in five different denominations, all of which are marked as containing .9995 pure platinum. The bullion coin was partly reintroduced in 2009 in the form of the 1 troy ounce denomination in .9999 purity, featuring a new portrait of Queen Elizabeth II on the obverse. The coins have legal tender status in Canada, but as is often the case with bullion coins, the face values of these coins is lower than the market price of the material they are made from.
The Washington quarter is the present quarter dollar or 25-cent piece issued by the United States Mint. The coin was first struck in 1932; the original version was designed by sculptor John Flanagan.
The Royal Canadian Mint has made coins with various themes. Most recently, ice hockey has been used for many numismatic releases. The first known ice hockey coin was for the 1988 Winter Olympics. Issued on February 25, 1986, the coin featured a goalie on the coin. Edge lettering was also used for the coin, the first time that it was used on silver coins.
Yvon Gariepy was the President of the Royal Canadian Mint from 1975 to 1981. In later years, he worked for Canada Post. Gariepy was a professional member of the Order of Engineers of Quebec, Professional Corporation of Urbanists of Quebec, Canadian Institute of Planners and the Institute of the Public Administration of Canada.
Starting in 1997, the Royal Canadian Mint started to sell hockey medallions to the public. To commemorate the induction of Mario Lemieux in the Hockey Hall of Fame, a set was issued honouring all three inductees. One set was issued in Sterling Silver while another was issued in Nickel. The success of the release led to future issues.
References
- ↑ The CN Journal, The Official Publication of the Canadian Numismatic Association, Markham, Ontario, Vol. 53, No. 1, January–February 2008, p.17
- ↑ The CN Journal:The Official Publication of the Canadian Numismatic Association, Volume 53, No. 1, January/February 2008, p.18
- ↑ The CN Journal:The Official Publication of the Canadian Numismatic Association, Volume 53, No. 1, January/February 2008, p.19
- ↑ The CN Journal, The Official Publication of the Canadian Numismatic Association, Markham, Ontario, Vol. 53, No. 1, January–February 2008, p.18
- ↑ The CN Journal, The Official Publication of the Canadian Numismatic Association, Markham, Ontario, Vol. 53, No. 1, January–February 2008, p.19
- ↑ Coin World, Vol. 47, Issue 2417, Page 74, August 7, 2006
