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 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 pound was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings, each of 12 pence.
The Canadian fifty-cent coin is a Canadian coin worth 50 cents. The coin's reverse depicts the coat of arms of Canada. At the opening ceremonies for the Ottawa branch of the Royal Mint, held on January 2, 1908, Governor General Earl Grey struck the Dominion of Canada's first domestically produced coin. It was a silver fifty-cent coin bearing the effigy of King Edward VII.
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.
Canada has an extensive history with regard to its currencies. Prior to European contact, indigenous peoples in Canada used items such as wampum and furs for trading purposes, which continued when trade with Europeans began. During the period of French colonization, coins were introduced, as well as one of the first examples of paper currency by a western government. During the period of British colonization, additional coinage was introduced, as well as banknotes. The Canadian colonies gradually moved away from the British pound and adopted currencies linked to the United States dollar. With Confederation in 1867, the Canadian dollar was established. By the mid-20th century, the Bank of Canada was the sole issuer of paper currency, and banks ceased to issue banknotes.
The dollar was the currency of New Brunswick between 1860 and 1867. It replaced the pound at a rate of 4 dollars = 1 pound and was equal to the Canadian dollar. The New Brunswick dollar was replaced by the Canadian dollar at par when New Brunswick entered the Canadian Confederation.
The dollar was the currency of Nova Scotia between 1860 and 1871. It replaced the Nova Scotian pound at a rate of 5 dollars = 1 pound and was consequently worth less than the Canadian dollar. The Nova Scotian dollar was replaced by the Canadian dollar at a rate of 73 Canadian cents = 75 Nova Scotian cents, thus maintaining the difference between the two currencies established in 1860.
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 His Majesty 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 then-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.
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.
The Ottawa Mint sovereign is a British one pound coin minted between 1908 and 1919 at the Ottawa Mint (known today as the Ottawa branch of the Royal Canadian Mint. This has augmented debate among Canadian numismatists because some view these pieces as Canadian while others view them as British and thus distinct from the decimal series of Canadian coinage. Since the opening of the Ottawa Mint, the Dominion of Canada’s government wanted to produce decimal gold coins. As it was a branch of the Royal Mint, it was obligated to mint sovereigns on request. When sovereigns were requested, it was usually for export causes.
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.
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.
The Prince Edward Island dollar was a unit of currency used in Prince Edward Island. The dollar replaced the Prince Edward Island pound in 1872 at a rate of 1 pound = 4.866 dollars. The dollar was subdivided into 100 cents.
The Newfoundland 2-dollar coin was issued in intermittent years between 1865 and 1888. It was the only circulation gold coin issued by a British colony. Although few coins were issued, it was broadly used in Newfoundland and eastern Canada. The coin became scarce in 1894 because of hoarding following the collapse of Newfoundland's banks and monetary system.
The five-dollar gold piece was a gold Canadian coin that was struck for circulation from 1912 to 1914, consisting of 90% gold and 10% copper.
The twenty-cent piece was a Canadian coin struck by Royal Mint for the Province of Canada, in 1858. It consisted of 92.5% silver, and 7.5% copper. A total of 730,392 were struck.
