Canada is famous for so many things like its appetizing maple syrup, wide open spaces, good skiing areas and the little towns in Saskatchewan. Aside from those, Canada is known for its silver dollars. In 1935, the Royal Canadian Mint issued the very first silver dollar to commemorate King George V's Silver Jubilee. To know more about the Canadian Silver dollars, following are interesting facts that you may want to know.
Varieties Canada's silver dollars have been sought after by collectors and inventors both for its beauty and historical value. The obverse features the monarch at that time. King George V. Emanuel Hahn designed the reverse side of the coin. He sculpted the image of a Voyageur and the aboriginal paddling a birch-bark canoe. If you will look closely, you see faint lines in the background and they represent the Northern Lights. The said design was used on the dollar until 1986. In 1987, it was replaced by the Canadian 1 dollar coin. Interestingly, by 1967 the coin was no longer issued for circulation. After that year, the coin is no longer made of silver but of nickel with the exception of the non-circulating memorial issues for the collector market.
Different Types Of Canadian Silver Dollars The Canadian Silver dollar coins have four types. They are the 1935 - 1967 Dollar, the 1968 Voyageur, the 1971 Dollar and the 1987 Loon. Only two of these four types contain a noteworthy amount of silver. The first type is known as the Voyageur coin. Its design was released from 1935 up to present. From 1935 up until the year 1966, the coin is made up of.6000 ounce of silver. By the year 1967, the Royal Canadian Mint decided to stop the silver production and switched the composition of the coin to another metal. The subsequent coins are made of nickel. On the other hand, a small amount of silver is added to the coins in 1971. To check if the Canadian Voyageur dollar is authentic, always check its obverse design. Its obverse should feature the image of George V or Elizabeth II. Moreover, in 1939 the Royal Canadian Mint came out with a silver dollar reverse design to honor the royal visit. It is an image of the building as an alternative for the Voyageurs.
Specifications Each of the four types of silver dollars has different specifications. The first type which was minted in the year 1935 - 1967 has a diameter of 36mm and.6000 silver content. The Voyageur is measured 32mm in diameter and 15.3g in weight. The 1971 coin measures 35mm in diameter and 232.3276g in weight. It contains.3750 silver. The last type which is the Loon coin measures 25mm in diameter. It does not contain any silver.
Trading Silver Coins Trading Canadian Silver coins is easy yet very tricky. Be sure that when you are buying coins, you purchase with a legitimate coin collector or trader. On the other hand, if you are selling coins, be sure that you give the coins specification to the potential buyer. You can choose to sell your Canadian silver coins to a local coin dealer. Moreover, you can also sell your coins online with a third party company or through ebay.
Canadian Silver Dollars have several varieties over the years. Knowing the specification of each coin is very important especially if you wish to purchase or sell the coins. There are many resources online that will help you understand the coins better. Make your research beforehand before you buy or sell coins.
Cash for Gold - Should You Sell Now? Find a Gold Buyer for Fast Money Finding Reputable Gold Dealers in Your Area Short Term Low Prices Provide Perfect Opportunity to Invest in Gold Is a Class Ring Investment a Good One? The Top Five Reasons to Start Investing in Gold
0 comments:
Post a Comment