Canadian Nickel Dollars

By Joshua McMorrow-Hernandez for PCGS ……
1968 $1 Voyageur (Regular Strike) PCGS MS67. Images courtesy PCGS
1968 $1 Voyageur ( regular hit ) PCGS MS67
Canadian Dollars are large, highly collectible coins that have been democratic with collectors since their regular-issue origin in 1935. They were struck in an 80 % silver medal format through 1967 when rising bullion prices forced the Royal Canadian Mint to choose a less-expensive base-metal format for its dollar coinage. The replacement was a pure nickel constitution that was used in Canada Dollars from 1968 through 1987 ; from 1987 on, the large-size dollar format was replaced by the smaller “Loonie” Dollar, a 26.72-millimeter nickel-bronze mint nicknamed for the equable design by Robert-Ralph Carmichael of a addle-head swimming in a calm pond.

The arrant nickel canadian Dollars of the 1960s through the ‘ 80s represented a much larger transformation for the Royal Canadian Mint, which faced the same economic constraints the United States Mint was confronting. Rising bullion prices were squeezing silver from circulating neologism, and Canada subsequently phased the valuable bullion from its dimes, quarters, half dollars, and dollar coins .
One of the challenges that came with this compositional change arose from the physical resilience of nickel, which is a much harder alloy than copper and ash grey. The pure nickel neologism that began rolling out of the Royal Canadian Mint in the deep 1960s required changes to the forcible dimensions of its coins, including the dollar coin. To compensate for the hard, saturated nickel constitution, the dollar ’ s planchet size was reduced in diameter by 11 % and in thickness by 8 % to properly produce the design. This resulted in new physical specifications for the nickel dollar, which came in at 32.13 millimeters in diameter and weighing 15.62 grams – down from the previous 80 % silver dollar ’ mho 36.06-millimeter width and system of weights of 23.33 grams .
One thing that did not change about the canadian Dollar during its passage was the mint ’ s obverse and overrule designs ; the obverse of the nickel dollars kept the portrayal of a 39-year-old Queen Elizabeth II as designed by Arnold Machin, while the iconic Voyageur reverse by Emanuel Hahn was continued but in reduce size. This blueprint pair was continued for the duration of the large-size canadian Dollar series, with a few exceptions for the appearances of circulating commemorative designs .
Canada 1970 $1 Manitoba (Regular Strike) PCGS MS66. Images courtesy PCGS
1970 $1 Manitoba ( even strike ) PCGS MS66

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Circulating canadian Commemorative Dollars made during the nickel era include the 1970 Manitoba Centennial, the 1971 British Columbia Centennial, the 1973 Prince Edward Island Centennial, the 1974 Winnipeg Centennial, the 1982 Constitution, and the 1984 Jacques Cartier Commemoratives. While the 1970s commemorative designs replaced the Voyageur reverse on those respective issues, the two ’ 80s issues were made concurrently with the Voyageur reverse. thus, 1982 marked the first time that two different dollars of the nickel format were struck simultaneously by the Royal Canadian Mint for circulation .
none of the circulating nickel-format canadian Dollar issues is flatly rare, as each regular-issue strike boasts mintages good above one million pieces. During most of the years that the nickel dollars were made, diverse numismatic strikes were produced. These include Specimen, Prooflike, and Proof pieces. All are available for relatively low-cost prices, and the huge majority of the coins from this subtype can be had for prices south of $ 25 each – and many for mere fractions thence .
still, there are some rare varieties to be found among the nickel dollars. For exercise, the first year of nickel dollar production spawned several distinct varieties involving the kernel of the island landform appearing just to the lower correct of the canoe, while other varieties on the 1968 Canada Dollar concern double of the horizon lines and extra water lines. On some examples of the 1974 Winnipeg Centennial Commemorative there appears a Doubled Yoke chemical element, which is known in three varieties and each is worth a meaning premium. A handful of 1982 Constitution Commemorative Dollars were struck in mint alliance ( versus the standard decoration alliance for canadian neologism ), and these are worth over $ 1,000 in uncirculated grades .
Canada 1982 $1 Constitution Coin Alignment (Regular Strike) PCGS MS66. Images courtesy PCGS
1982 $1 Constitution Coin Alignment ( Regular Strike ) PCGS MS66

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These and several other fascinating varieties are incorporated into the diverse Canadian Dollar PCGS Registry Sets. Collectors who build Canada Dollar sets on the PCGS Set Registry can engage in some friendly rival with other collectors and compete for awards and early recognitions .
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