COINS
Canadian 5 Cent Coin
Key Facts & Value
Key Fact
Description
This Canadian 5-cent coin, often called a nickel, is made of nickel and features a striking design. The obverse displays a regal effigy of Queen Elizabeth II, a common feature on Canadian currency. The reverse prominently showcases Canada's national animal, the beaver, depicted realistically on a dam with its lodge in the background. This coin has been a staple in Canadian circulation for decades.
History
The design of the Canadian 5-cent coin has evolved over time. The current effigy of Queen Elizabeth II was introduced in 1965, and the beaver design on the reverse has been in use since 1937, with some modifications. The Royal Canadian Mint, established in Ottawa in 1908, is responsible for producing all of Canada's circulation coins, ensuring quality and consistency in coinage.
Facts
The beaver is a powerful symbol of Canada, representing industry and the fur trade, which played a significant role in the country's history. The 5-cent coin's enduring design makes it instantly recognizable to Canadians and collectors alike. Its relatively common mintage means most are readily available, but specific years or mint errors can increase their collector value.
Value Fact
Canadian 5-cent coins are generally valued based on their condition and year of minting. Most circulated nickels from the 1970s onward are worth a small premium over their face value, typically ranging from $0.10 to $0.50. Key dates or coins in uncirculated condition can command higher prices, often between $1 and $5, depending on rarity and grade.
Item Details
Official Details
Variation Details
guerndus Details
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