Nickel (Canadian coin) explained

Country:Canada
Denomination:Nickel
Value:0.05
Unit:CAD
Mass:3.95
Diameter:21.2
Thickness:1.76
Edge:smooth (plain)
Composition:Nickel-plated steel
94.5% steel,
3.5% Cu,
2% Ni plating
Years Of Minting:1858–present
Catalog Number:
Obverse:Canadian Nickel - obverse.png
Obverse Design:Elizabeth II, Queen of Canada
Obverse Designer:Susanna Blunt
Obverse Design Date:2003
Obverse Discontinued:2023
Obverse2 Design:Charles III, King of Canada
Obverse2 Designer:Steven Rosati
Obverse2 Design Date:2023
Reverse:Canadian Nickel - reverse.png
Reverse Design:Beaver sitting on a rock
Reverse Designer:G.E. Kruger Gray
Reverse Design Date:1937

The Canadian five-cent coin, commonly called a nickel, is a coin worth five cents or one-twentieth of a Canadian dollar. It was patterned on the corresponding coin in the neighbouring United States. It became the smallest-valued coin in the currency upon the discontinuation of the penny in 2013.

History

See also: History of Canadian currency.

Types and specifications

Definitive types
ImageYearsMass[1] [2] DiameterComposition
1858–19011.16 g15.5 mm92.5% silver, 7.5% copper
1902–19101.16 g15.5 mm92.5% silver, 7.5% copper
1911–19211.17 g15.5 mm92.5% silver, 7.5% copper (1911–1919)
80% silver, 20% copper (1920–1921)
1922–19364.54 g21.21 mm99.9% nickel
1937–19424.54 g21.21 mm99.9% nickel
1942–19454.54 g21.3 mm88% copper, 12% zinc (tombac) (1942–1943)
Chrome plated steel (1944–1945)
1946–19524.54 g21.3 mm99.9% nickel (1946–1951)
Chrome plated steel (1951–1952)
1953–19644.54 g21.3 mmChrome plated steel (1953–1954)
99.9% nickel (1955–1964)
1965–19814.54 g21.3 mm99.9% nickel
1982–19894.6 g21.2 mm75% copper, 25% nickel
1990–2001, 2006
(No "P"
on obverse)
4.6 g21.2 mm75% copper, 25% nickel
1999–2006
(With "P")
3.95 g21.2 mm94.5% steel, 3.5% copper, 2% nickel plating
2003–2023
(With RCM logo
on obverse)
3.95 g21.2 mm94.5% steel, 3.5% copper, 2% nickel plating
2023–present3.95 g21.2 mm94.5% steel, 3.5% copper, 2% nickel plating

Circulation figures

Victoria & Edward VII

YearMintage[3] [4] Notes
1858This figure includes the small date, and large date over small date varieties.
1870This figure includes the "Flat rim" and "Wire rim" varieties.
1871Two different varieties have a 1 over 1 and 7 over 7 in the date.
1872 HThe "H" on the coin refers to "Ralph Heaton & Sons".
1874 H This figure includes the "Plain 4" and "Crosslet 4" varieties.
1875 H This figure includes the small and large date varieties.
1880 H
1881 H
1882 H
1883 H
1884Key date, lowest mintage of the Victorian and Edwardian eras.
1885This figure includes the "small 5", "large 5", and " large 5 over small 5" varieties.
1886This figure includes the "small" and "large 6" varieties.
1887Includes a "7 over 7" date variety.
1888
1889
1890 H
1891
1892
1893
1894No coins were minted in 1895.
1896
1897Varieties include a "wide" and "narrow" 8, and a "narrow 8 over a wide 8" in the date.
1898
1899
1900This figure includes the "Oval" and "Round 0's" varieties.
1901 Victoria
1902 Edward VII
1902 HThis figure includes the "large broad" and "small narrow" H varieties.
1903
1903 H
1904
1905Varieties include a "wide" and "narrow" date and a 5 over 5.
1906Varieties include a "wide" and "narrow" date and a "low 6".
1907Varieties include a "wide" and "narrow" date and a "low 7".
1908Varieties include a "small" and "large" 8 in the date.
1909This figure includes the "round/rounded" and "pointed" leaves varieties.
1910This figure includes the "round/rounded" and "pointed" leaves varieties.

George V & George VI

YearMintageNotes
19113,692,350
19125,863,170
19135,588,048
19144,202,179
19151,172,258
19162,481,675
19175,521,373
19186,052,289
19197,835,400
192010,649,851
19212,582,495Almost all of these coins were melted at the mint.
19224,763,186
19232,475,201
19243,066,658
1925200,050Key date, lowest mintage of the George V/VI eras.
1926933,577This figure includes the "near" and "far" 6 varieties.
19275,285,627
19284,588,725
19295,562,262
19303,685,991
19315,100,830
19323,198,566Varieties include a "near" and "far" 2.
19332,597,867
19343,827,303
19353,900,000
1936 George V4,400,450
1937 George VI4,593,263
19383,898,974
19395,661,123
194013,820,197
19418,681,785
1942 Nickel6,847,544
1942 Tombac3,396,234
194324,760,256[5] Intended to stimulate the war effort. The message "We Win When We Work Willingly" is engraved in Morse code on the rim of the coin.
1944 Steel11,532,784Intended to stimulate the war effort. The message "We Win When We Work Willingly" is engraved in Morse code on the rim of the coin.
194518,893,216
19466,952,684
19477,603,724The "dot" variety is included in this figure.
1947 Maple Leaf9,595,124Obverse "IND: IMP:" aka Indiae Imperator (Emperor of India) removed.
19481,810,789
194913,736,276
195011,950,520
19514,313,410This figure includes the rare high relief and common low relief varieties.
1951 Nickel Bicentennial9,028,507200th anniversary of the discovery of nickel. Features a nickel refinery.
195210,891,148

Elizabeth II

YearMintageNotes
195316,635,552This figure includes the "strap", "no strap", and "near"/"far" leaf varieties.
19546,998,662
19555,355,028
19569,399,854
19577,387,703
19587,607,521
195911,552,523
196037,157,433
196147,889,051
196246,307,305
196343,970,320
196478,075,068
196584,876,018This figure includes the "small" and "large" beads varieties.
196627,976,648
196736,876,574Canadian Centennial
this nickel features a hopping rabbit and is dated 1867–1967.
196899,253,330
196927,830,229
19705,726,010
197127,312,609
197262,417,387
197353,507,435
197494,704,645
1975138,882,000
197655,140,213
197789,120,791This figure includes the "high" and "low" 7 varieties.
1978137,079,273
1979186,295,825
1980134,878,000
198199,107,900
1982105,539,898Cupronickel alloy
198372,596,000
198484,088,000
1985126,618,000
1986156,104,000
1987106,299,000
198875,025,000
1989141,435,538
199042,537,000
199110,931,000
199253,732,000125th anniversary of the Confederation of Canada; this nickel is dated 1867–1992.
199386,877,000
199499,352,000
199578,780,000
199636,686,000This figure includes the "near" and "far" 6 varieties.
199727,354,000
1998156,873,000
1999124,861,000About 20,000 coins were minted with a "P" mark under Elizabeth's portrait on the obverse.
2000108,514,000
2000 P2,300,000The "P" mark under Elizabeth's portrait on the obverse refers to the nickel plated steel alloy.
200130,035,000
2001 P136,650,000The "P" mark under Elizabeth's portrait on the obverse refers to the nickel plated steel alloy.
2002 P135,960,000Elizabeth II Golden Jubliee; dated 1952–2002
200361,392,180
2003 P31,388,921[6] The "P" mark under Elizabeth's portrait on the obverse refers to the nickel plated steel alloy.
2004 P123,925,000
2005 P148,082,000
2005 P WWII ANV 59,269,192[7] 60th anniversary of the end of World War II; this nickel is dated 1945–2005.
200643,008,000
2006 P184,874,000
2007221,472,000
2008278,530,000
2009266,448,000
2010126,800,000
2011230,328,000
2012202,944,000
201378,120,000
201466,364,000
201587,360,000
2016140,952,000
2017126,680,000
2017 150th Anv20,000,000[8] 150th anniversary of the Confederation of Canada; this nickel is dated 1867–2017.
201887,528,000
201992,736,000
202031,752,000
202168,376,000[9]
202283,328,000

Charles III

YearMintageNotes
202328,422,000First year of issue with a bust of Charles III facing left as per custom
2024

Commemoratives

Image--> <--Only use this if enough images are in the public domain-->DateMintageReason
-->90th anniversary of the Royal Canadian Mint
-->Sesquicentennial of Canada's first postage stamp
-->125th anniversary of the Royal Military College
-->85th anniversary of the Battle of Vimy Ridge (World War I)
-->Elizabeth II (Golden Jubilee)
-->60th anniversary of D-Day
-->60th anniversary of the end of World War II; this nickel is dated 1945–2005.
-->75th anniversary of Canada's Voyageur Silver Dollar
-->100th anniversary of George V on Canadian coins
-->150th anniversary of the Confederation of Canada (Centennial rabbit; 2017 version)
-->150th anniversary of the Confederation of Canada (our home and native land)
-->150th anniversary of the Confederation of Canada (the forgotten 1927 designs)
-->75th anniversary of VE-Day
-->Elizabeth II (Platinum Jubilee)

Collecting

Five-cent coins dated 1921 are among the rarest and most collectible Canadian circulation coins, known as "the Prince of Canadian Coins." Estimates of the number of specimens known range between 400 and 480. In May 1921, the government of Canada passed an act authorizing the change to the larger nickel coin, and subsequently the majority of the 1921 mint run was melted down.[10] The coin believed to be the finest-known specimen (PCGS MS-67) sold for at auction in January 2010.[11] It was then sold by the Canadian Numismatic Company for $160,000 to a private collector in early 2012.

See also

External links

Notes and References

  1. Web site: Industrious, enduring–the 5-cent coin . Royal Canadian Mint . November 26, 2022 . mint.ca . https://web.archive.org/web/20200112045936/https://www.mint.ca/store/mint/learn/5-cents-5300006 . January 12, 2020.
  2. Web site: 5 cents . Royal Canadian Mint . November 19, 2022.
  3. Book: Standard Catalog of World Coins 1801-1900 . November 29, 2012 . 7th . Cuhaj . George S. . Krause Publications . 978-1440230851 . 156.
  4. Book: 2017 Standard Catalog of World Coins 1901-2000 . July 29, 2016 . 44th . Michael . Thomas . Krause Publications . 978-1440246548 . 310.
  5. Book: 2017 Standard Catalog of World Coins 1901-2000 . July 29, 2016 . 44th . Michael . Thomas . Krause Publications . 978-1440246548 . 311–312.
  6. Book: Cross, W. K. . A Charlton Standard Catalogue Canadian Coins . July 2005 . 60th . 978-0889682979 . 98. Charlton Press .
  7. Book: 2017 Standard Catalog of World Coins 2001-Date . July 13, 2016 . 11th . Michael . Thomas . Krause Publications . 978-1440246555 . 236.
  8. Royal Canadian Mint . 2017 Annual Report – Delivering Results . 2017 . November 20, 2022 . 86.
  9. Royal Canadian Mint . Annual Report 2021 - Strong Today, Ready for Tomorrow . 2021 . November 24, 2022 . 101.
  10. Book: Haxby , J.A. . R.C. Willey . Coins of Canada. 21st. 2003. Unitrade Press. Toronto. 1-894763-09-2.
  11. Web site: Canada: George V 5 Cents 1921,... Canada | Lot #20069. Heritage Auctions.