Canadian silver dollar explained

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.[1] It was then replaced with the 1987 Canadian 1-dollar coin (colloquially known as the "loonie"). 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.

Varieties

1911

While the silver dollar was not struck for production in 1911, three trial strikes were produced by the Royal Mint in London: two struck in silver and one in lead. Since these coins were unique and not intended for circulation, they have been classified as pattern coins. One of the silver coins, owned by the Royal Mint Museum, has been loaned to the Bank of Canada since 1976 and has been displayed in the Bank of Canada Museum since 1980. The lead coin was not discovered until 1977, during an office move from Parliament Hill. It was then promptly moved to the Bank of Canada's National Currency Collection with its silver counterpart.[2]

The second 1911 silver dollar had belonged to William Ellison-Macartney, deputy mint master of the Royal Mint.[3] After he died in 1924, the coin was passed on to his three children, before eventually being sold to Blair A. Seaby in 1960. He went on to display the coin to the public for the first time at a Canadian numismatic convention in Sherbrooke that same year, and at an American numismatic convention in Boston a week later.[2] The coin was eventually sold in 1965 to John McKay-Clements, former mayor of Haileybury, Ontario. Following McKay-Clements' death in 1976, the coin was auctioned off again. Due to its uniqueness, it gained the nickname of the "Emperor of Canadian Coins"[2] around the same time the 1911 half-dollar was dubbed the "King of Canadian Coins".[4]

The coin changed hands several more times,[5] being sold to Anthony Carrato of Eagle Coin Company for US$160,000 in July 1979, then Joseph Carlton and David Hirschman of Carlton Numismatics Inc. for US$325,000.[6] Eventually, the coin made its way back to Canada after being auctioned off for US$690,000 to George H. Cook, a renowned Canadian collector,[7] on January 13, 2003.[8] After his death in 2018, Cook's collection was auctioned off during the American Numismatic Association World's Fair of Money in Chicago, where it was bought one final time by Sandy Campbell and Ian Laing for $734,000 after a 20% buyer's fee.[4] They then offered the coin to the Bank of Canada Museum, citing that they want to make sure the coin stays in Canada's public cultural sphere.[2] As part of the National Currency Collection, it rejoined its silver twin and lead counterpart for the first time in nearly 110 years since their mintage.

1947

Ten varieties of the 1947 Voyageur Dollar exist. The ten varieties can be placed into three distinct categories: the Pointed Seven, the Blunt Seven, and the Maple Leaf issue. The mintages for all of these are included on the mintage indicated on the chart below.

Pointed seven

Two styles of the number 7 in 1947 were used in the dies to produce the Voyageur coins. The seven was a tall figure with the lower tail pointing back to the right. [9] On some of the coins, a dot appears near the 7. This is attributed to an imperfection in the die. Six different varieties of the Pointed 7 exist.

Blunt seven

A shorter 7 with the lower tail pointing almost straight down has been labelled as the blunt seven. [9]

Maple Leaf issue

In 1947, India gained its independence from the British Empire and as a result, the inscription "IND:IMP:" needed to be removed from the Obverse of the 1948 Silver Dollar. However, because there was a delay in new master dies being shipped from the UK to reflect this change, the Mint continued to produce 1947 year coins with a small Maple Leaf by the date to denote they were actually minted in 1948. Eventually the new Obverse dies did arrive, and they began to mint the 1948 dollars midway through the year. The very low mintages of these made the 1947 Maple Leaf and 1948 dollars exceptionally rare, with the 1948 Silver Dollar commanding a very high market price. (Mint condition 1948 coins are worth over .)

1950–1952

Arnprior type varieties

A technical problem emanated during the 1950s that was to plague the Royal Canadian Mint. At each end of the canoe on the Voyageur Dollar, are four shallow water lines. In the process of polishing the dies, parts of these lines tended to disappear. The result was that there were differences in the appearance of the coins from year to year. There were collectors that decided arbitrarily that a certain pattern of partial water lines at the right-hand end of the canoe should be collected separately and command a premium over dollars with perfect water lines or other partial lines configurations.[10] The Arnprior type configurations tended to consist of 2 and ½ water lines at the right. Any trace of the bottom water line disqualified a coin from being considered an Arnprior type.[10]

Varieties of 1952

A modified reverse, with no water lines at all, was put into use in 1952. In addition to removing the water lines, this modified reverse was different because the image of the canoe on the coin had a larger islet tip at the right end. This variety is different from the Arnprior coins in that it was deliberately created.[11]

Origin of the Arnprior name

In December 1955, the Royal Canadian Mint made up an order of 2,000 silver dollars for a firm in Arnprior, Ontario. These coins had 2 and ½ water lines at the right end of the canoe. This was similar to the accidental disappearance of water lines on the versions from 1950 to 1951. The 1955 dollars caught the interest of many collectors and it was this version that led to the term Arnprior being applied to any dollar with an appearance of missing water lines. An even more collectible of the 1955 Arnprior, is given by the die break on the obverse legend, with the result being the joining of the T and the I in GRATIA.[12]

No shoulder fold obverse

An element that was common in every denomination of 1953 was the two obverses that existed. Said obverses are commonly identified as the No Shoulder Fold and the Shoulder Fold. The coinage for the year featured the new effigy of Queen Elizabeth II. The sculptor was Mary Gillick and she created a model with a relief that was too high. The centre portion of the effigy was to feature two lines on the shoulder. These lines were supposed to represent a fold in the Queen's gown. As these lines did not appear very well, it was commonly termed the No Shoulder Strap by many collectors.[13] Later on in the year, the Royal Canadian Mint's Chief engraver Thomas Shingles lowered the relief of the model and strengthened the shoulder and hair details. This modified obverse became known as the Shoulder Strap variety.

1957 Arnprior

The 1957 dollar had a reverse that was considered an Arnprior. The reverse featured one water line to the right of the canoe.

1965

Although 1965 would mark a change in the effigy of Queen Elizabeth II, the year would offer five different varieties of the dollar.

Variety 1 and 2

The small beads on the obverse of the coin define varieties 1 and 2. The rear jewel on Queen Elizabeth II's tiara is well attached. The 5 in 1965 has two varieties. There is a pointed 5 (the point is at the bottom) while there is another version with a blunt 5 (the bluntness is at the bottom of the 5 too).

Variety 3 and 4

The large beads on the obverse of the coin define varieties 3 and 4. The rear jewel on Queen Elizabeth II's tiara is well attached. The 5 in 1965 has two varieties. There is a pointed 5 (the point is at the bottom) while there is another version with a blunt 5 (the bluntness is at the bottom of the 5 too).

Variety 5

The obverse of variety 5 features medium beads. Unlike the other varieties, the 5 in 1965 is pointed.

1982 planchet varieties

The 1982 nickel dollar exists on a rolled thin planchet. The normal planchet has a weight of 15.62 grams, a diameter of 32.13 mm, and a thickness of 2.50 mm. The thin planchet consists of incomplete reeding. Its weight is 7.78 grams, a diameter of 31.82 mm, and a thickness of 1.50 mm.[14] It is believed that only two exist.

History of composition

Voyageur

Years Weight Diameter/shape Composition
1935 - 1967[15] 23.33 g36.00 mm80% silver, 20% copper
1968 - 198615.62 g32.13 mm100% nickel
[16]

Commemorative dollar specifications

TypeYearsCompositionWeight (grams)DiameterThicknessEdge
Specimen nickel dollars1968–1976, 1982, 1984.999 Nickel15.62 grams32.13 mmN/AReeded
Specimen/proof silver dollars1971–1991.500 silver, .500 copper23.30 grams36.07 mmN/AReeded
Proof/nickel bronze dollars (see Loonie for history)1987–presentNickel Plated with Bronze7.00 grams26.50 mm1.90 mm11-sided plain
Proof silver dollars1992–2002.925 silver, .075 copper25.175 grams36.07 mm2.95 mmReeded
Proof silver dollars2003–200699.99% silver25.175 grams36.07 mm3.02 mmReeded
Proof silver dollars2007–2011.925 silver, .075 copper25.175 grams36.07 mmN/AReeded
Proof silver dollars2012–present 99.99% silver23.17 grams35.9 mm2.8 mmReeded
[17]

Voyageur mintages and the 1911 silver dollar

Silver content, 1911, 1935–1967

YearMintage
19113
1935428,707
1936306,100
1937241,002
193890,304
19391,363,816
194538,391
194693,055
194765,595
1947ML21,135
194818,780
1949672,218
1950261,002
1951416,395
1952406,148
19531,074,578
1954246,606
1955268,105
1956209,092
1957496,389
19583,039,564
19591,443,502
19601,420,486
19611,262,231
19621,884,789
19634,179,981
19647,296,832
196510,768,569
19669,912,178
19676,767,496

Nickel content, 1968–1986

YearMintage
19685,579,714
19694,809,313
19722,193,000
19753,256,000
19762,101,000
19771,393,745
19782,948,488
19791,884,789
19802,544,000
19812,778,900
19821,544,398
19832,267,525
19841,223,486
19853,104,592
19863,089,225

Commemorative nickel dollar

YearThemeArtistMintage
1970Manitoba centennialRaymond Taylor4,140,058
1971British Columbia centennialTerry Manning, Thomas Shingles4,260,781
1973Prince Edward Island centennialTerry Manning, Walter Ott3,196,452
1974Winnipeg centennialPaul Pederson, Patrick Brindley2,799,363
1982Constitution commemorativeAgo Aarand11,812,000
1984Hector Greville, Victor Cote6,141,503

Commemorative silver dollar series

1935–1980

YearThemeArtistMintageIssue price
1935Voyageur dollarEmanuel Hahn428,707$1.00
19391939 Royal visitEmanuel Hahn1,363,816$1.00
1949Newfoundland entry into ConfederationThomas Shingles672,218$1.00
1958Stephen Trenka3,039,630$1.00
1964Confederation meetings commemorativeDinko Vodanovic7,296,832$1.00
1967Canadian centennialAlex Colville and Myron Cook6,767,496$1.00
1971British Columbia centennialPatrick Brindley585,217$3.00
1973RCMP centennialPaul Cedarberg904,723$3.00
1974City of Winnipeg centennialPaul Pederson628,183$3.50
1975City of Calgary centennialD.D. Paterson833,095$3.50
1976Library of Parliament centennialPatrick Brindley and Walter Ott483,722$4.00
1977Silver Jubilee of Elizabeth IIRaymond Lee744,848$4.25
1978Commonwealth GamesRaymond Taylor640,000$4.50
1979Griffon tricentennialWalter Schluep688,671$5.50
1980Arctic Territories centennialD.D. Paterson389,564$22.00
[18]

1981–1999

Note: 1981 was the first year that the RCM issued two different qualities of silver dollars. One version was the Proof, which was composed of a frosted relief against a parallel lined background. The second version was the Brilliant Uncirculated. The finish is classified as a brilliant relief on a brilliant background.

YearThemeArtistMintage (proof)Issue price (proof)Mintage (BU)Issue price (BU)
1981Canadian Pacific Railway centennialChristopher Gorey353,742 $18.00 148,647 $14.00
1982Regina centennialHuntley Brown577,959$15.25144,989$10.95
1983Carola Tietz340,068$16.15159,450$10.95
1984Toronto sesquicentennial D.J. Craig571,079$17.50133,563$11.40
1985National Parks centennialKarel Rohlicek537,297$17.50162,873$12.00
1986Vancouver centennialElliott John Morrison496,418$18.00124,574$12.25
1987John Davis 400th anniversaryChristopher Gorey405,688$19.00118,722$14.00
1988R.R. Carmichael259,230$20.00106,702$15.00
1989Mackenzie River bicentennialJohn Mardon272,319$21.75110,650$16.25
1990Henry Kelsey tricentennialD.J. Craig222,983$22.9585,763$16.75
1991FrontenacD.J. Craig222,892$22.9582,642$16.75
1992Kingston to York stagecoachKarsten Smith187,612$23.9578,160$17.50
1993Stanley Cup centennialStewart Sherwood294,214$23.9588,150$17.50
1994RCMP Northern Dog TeamIan D. Sparkes178,485$24.5065,295$17.95
1995325th anniversary of the Hudson's Bay CompanyVincent McIndoe166,259$24.5061,819$17.95
1996John McIntosh, McIntosh appleRoger Hill133,779$29.9558,834$19.95
1997Walter Burden184,965$29.95155,252$19.95
199710th anniversary of the LoonieJean-Luc Grondin24,995$49.95No BU ExistsN/A
1998125th anniversary of RCMPAdeline Halvorson130,795$29.9581,376$19.95
1999225th anniversary of the voyage of Juan PerezD.J. Craig126,435$29.9567,655$19.95
[19]

2000–2016

YearThemeArtistMintage (proof)Issue price (proof)Mintage (BU)Issue price (BU)
2000Voyage of DiscoveryD.F. Warkentin121,575$29.9562,975$19.95
200150th anniversary of the National Ballet of CanadaDora de Pédery-Hunt89,390$30.9553,668$20.95
200190th anniversary of the striking of Canada's 1911 silver dollarW.H.J. Blakemore24,996$49.95No BU ExistsN/A
2002Golden Jubilee of Elizabeth IIRoyal Canadian Mint Staff29,688$33.9564,410$24.95
2003Discovery of cobaltJohn Mardon88,536$36.9551,130$28.95
2004400th anniversary of the first French settlement in North AmericaR.R. Carmichael81,335$36.9541,934$28.95
200540th anniversary of the flag of CanadaWilliam WoodruffN/A$34.95N/A$24.95
2006Victoria CrossRoyal Canadian Mint StaffN/A$34.95N/A$26.95
2007Thayendanegea Joseph BrantRCM Staff based on image by Laurie McGaw35,000$42.9565,000$34.95
2008Quebec City 400th anniversary & 1st French settlement in North AmericaSuzanne Duranceau35,000$42.9565,000$34.95
2009100th anniversary of flight in Canada.Jason Bouwman50,000$47.9550,000$39.95
2010100th anniversary of the Royal Canadian NavyYves Bérubé50,000$52.9550,000$46.95
|2011|100th anniversary of Parks Canada|Luc Normandson|40,000|$55.95|25,000|$40.95|-|}|2012|200th anniversary of the War of 1812|Ardell Bourgeois|40,000|$59.95|25,000|$54.95|-|2013|100th anniversary of the Canadian Arctic Expedition|Bonnie Ross|40,000|$59.95|20,000|$54.95|-|2014|100th anniversary of the declaration of the First World War|Bonnie Ross|40,000|$59.99|20,000|$54.95|-|2015|50th anniversary of the Canadian flag|John Mantha|20,000|$59.95|15,000|$54.95|-|2016|150th anniversary of the trans-Atlantic cable|Yves Bérubé|20,000|$59.99|No BU ?|N/A ?|-|}[20]

Special edition proof silver dollars

YearThemeArtistMintage Issue price
1999International Year of Older PersonsS. Armstrong-Hodgins24,976$49.95
2002The Queen MotherRoyal Canadian Mint Staff9,994$49.95
200350th anniversary of the coronation of Queen Elizabeth II (first Effigy of Queen)Emanuel Hahn21,400N/A
200350th anniversary of the coronation of Queen Elizabeth II (fourth Effigy of Queen)Emanuel Hahn29,586$51.95
2004400th anniversary of the first French settlement in North America (privy marked; part of coin and stamp set)R.R. Carmichael8,315$99.95
2004Remembrance poppyCosme Saffioti24,527$49.95
2006Medal of BraveryRoyal Canadian Mint StaffN/A$54.95
2007Celebration of the artsFriedrich Peter20,000$54.95
2008100th anniversary of the Royal Canadian MintJason Bouwman25,000$59.95
2009100th anniversary of the Montreal CanadiensJason Bouwman15,000$69.95
201075th anniversary of Canada's Voyageur silver dollarPercy Metcalf7,500$69.95
2011100th anniversary of the striking of Canada's 1911 silver dollarW.H.J. Blakemore15,000$64.95
2012100th anniversary of the Grey CupFilip Mroz of Bensimon Byrne10,000$69.99
2012100th anniversary of the first Calgary StampedeSteve Hepburn10,000$69.95
2013250th anniversary of the end of the Seven Years' WarTony Bianco10,000$69.95
201360th anniversary of the end of the Korean WarEdward Carter Preston10,000$69.95
201475th anniversary of the declaration of the Second World WarSilvia Pecota7,500$69.99
2015100th anniversary of the poem "In Flanders Fields"Tony Bianco10,000$79.99

Notes and References

  1. The Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p.155, The Charlton Press, Toronto, Ontario,
  2. Web site: The 1911 silver dollar . December 1, 2022 . Bank of Canada Museum.
  3. News: Bank of Canada Museum acquires 1911 silver dollar deemed country's greatest rarity . Lynch . Abigael . Capital Current . January 6, 2022 . December 1, 2022.
  4. News: "Canadian 1911 silver dollar brings $552,000 at auction" . Starck . Jeff . August 25, 2019 . Coin World . December 1, 2022.
  5. Web site: Canada's Rarest Coins . Saskatoon Coin Club . December 1, 2022.
  6. News: The New York Times . Reiter . Ed . April 5, 1981 . Rare Canadian Silver Dollar Brings Record Price . 39.
  7. News: Major Canadian collection coming to August auction . Starck . Jeff . April 2, 2019 . Coin World . December 1, 2022.
  8. Web site: 1911 Pattern Dollar DC-6 SPECIMEN 65 PCGS. . Heritage Auctions . December 1, 2022.
  9. The Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p. 158, The Charlton Press, Toronto, Ontario,
  10. Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p. 160, The Charlton Press, Toronto, Ontario,
  11. Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p. 161, The Charlton Press, Toronto, Ontario,
  12. Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p. 163, The Charlton Press, Toronto, Ontario,
  13. Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p. 70, The Charlton Press, Toronto, Ontario,
  14. Charlton Standard Catalogue of Canadian Coins, W.K. Cross, p. 544, The Charlton Press, Toronto, Ontario,
  15. "In the summer of 1967 the silver content of the dime and quarter were reduced from 80% to 50% and production of 50-cent pieces and dollars for general circulation was stopped." Coins and Tokens: 1870 to the Present The Canadian Encyclopedia.
  16. Charlton Standard Catalogue of Canadian Coins, 60th W.K. Cross, Editor, pp. 155-172,, The Charlton Press, Toronto
  17. Charlton Standard Catalogue of Canadian Coins, 60th W.K. Cross, Editor, pp. 289,, The Charlton Press, Toronto
  18. The Charlton Standard Catalogue of Canadian Coins, W.K. Cross, pp.155-170, pp.289-299, The Charlton Press, Toronto, Ontario,
  19. The Charlton Standard Catalogue of Canadian Coins, W.K. Cross, pp.299-312, The Charlton Press, Toronto, Ontario,
  20. The Charlton Standard Catalogue of Canadian Coins, W.K. Cross, pp.85-97, The Charlton Press, Toronto, Ontario,