Nickel (Canadian coin) – Wikipedia

canadian coin worth 5 cents

The Canadian five-cent coin, normally called a nickel, is a mint worth five cents or one-twentieth of a canadian dollar. It was patterned on the corresponding mint in the neighbor United States. It became the smallest-valued coin in the currency upon the discontinuance of the penny in 2013. due to inflation, the purchasing power of the nickel continues to drop and presently the coin represents less than 0.5 % of the country ‘s lowest minimum hourly engage. The denomination ( i, the canadian five-cent piece ) had been introduced in 1858 as a small, flimsy greatest silver coin, that was colloquially known as a “ pisces scale ”, not a nickel. The larger base alloy version made of nickel, and called a “ nickel ”, was introduced as a canadian mint in 1922, primitively as 99.9 % nickel metal. These coins were magnetic, due to the high nickel capacity. Versions during World War II were minted in tombac ( a copper-zinc alloy ), then chrome and nickel-plated steel, and finally returned again to nickel at the conclusion of the war. A plate steel interpretation was again made from 1951 to 1954 during the Korean War. Rising nickel prices finally caused another switch to cupronickel in 1982 ( an admixture like to the US nickel ), but more recently, canadian nickels are minted in nickel-plated steel, containing a small amount of copper. Due to the aforesaid rise in nickel prices, since 1982, five-cent pieces composed of 99.9 % nickel have been lento removed from circulation to be melted by the Royal Canadian Mint. only cupronickel and modern multi-ply plated steel five-cent pieces are considered “ circulation coins ”. [ 1 ] As a consequence, pre-1982 five cent pieces are frequently sought by collectors.

From 1942 to 1963, canadian five-cent coins were produced in a classifiable 12-sided form, evocative of the british threepence mint. in the first place this was done to distinguish the copper-coloured tombac coins, from pennies. however, the characteristic shape was retained for another nineteen years after 1944 when this coin was late produced in 99.9 % nickel and chrome-plated steel. The coin is produced by the Royal canadian Mint at its facility in Winnipeg .

history [edit ]

The beginning ever canadian five-cent coins were struck by the Royal Mint in London as part of the introductory 1858 coinage of the Province of Canada. The coins were the lapp size and general composing as the represent american english coins of the meter, so the five-cent mint was based on the half dime bag. Although the american appellation was introduced as a larger copper-nickel coin in 1866, and the five-cent silver was retired in 1873, the canadian five-cent coins remained little and eloquent until 1922. All canadian coins ( including five-cent coins ) were struck in England at the Royal Mint ( no mint score ) and the Birmingham Mint ( H mint mark ) until 1908, when the Ottawa branch of the Royal Mint opened. With the exception of some 1968 dimes struck at the Philadelphia Mint, all canadian coins since 1908 have been minted in Canada. due to a rise in the price of silver, canadian neologism was debased from greatest silver ( 925 all right ) to 800 finely in 1920. In 1922, ash grey was removed wholly from the five-cent coin, replacing it with a coin of roughly the same dimensions and bulk as the american nickel. however, unlike the american mint, which was 75 % bull and 25 % nickel, the Canadian coin was pure nickel, as Canada was the world ‘s largest producer of the metal. This coin has since been known about universally as the nickel. The five-cent mint of Newfoundland, on the early hand, remained silver until the end of the Newfoundland coinage in 1947. The nickel ‘s composition has changed respective times, most notably during World War II and the Korean War when nickel was redirected to the war feat, where it was essential for armor production. In the latter part of 1942 and throughout 1943, the coins were minted in tombac, an 88 % copper-12 % zinc debase that got its name primitively from the Indonesian/Javanese bible for brass section or copper. In 1944 and 1945, and again from mid-1951 to 1954, coins were made of sword which was plated doubly, foremost with nickel and then chromium. The plating was applied before the blanks were struck, so the edges of these coins are dense or even rusted. The typography was returned to pure nickel after both wars. More recently, in 1982, the same copper-nickel debase used in the american mint was adopted in the Canadian coin, with the ironic result that the nickel then contained less nickel than any other mobilize canadian mint except the cent. Since late in 2000, the nickel is now broadly made with plate steel. Since the plating is immediately done after the blanks are punched, the edges of the modern coins receive the plat. Portions of the 2001 and 2006 issues were struck in cupronickel, and can be identified by the lack of the letter “ P ” under Queen Elizabeth ‘s portrait, and for their non-magnetic quality.

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Starting with the 1942 tombac coins, the nickel was made dodecagonal, presumably to help distinguish it from the penny after it tarnished in circulation. Tombac was removed from the nickel in 1944 ( to be replaced by steel, as noted during the Korean war ) but the coins in Tombac, steel, or 99.9 % nickel all remained twelve-sided until 1963. All of these coins were lighter than the US version, which is minted to be vitamin a close as possible to five grams. canadian 99.9 % nickel five-cent coins are closely 0.5 gram lighter than this, and its present steel coins are a full moon gram lighter than US “ nickels. ”

1921 five-cent coin [edit ]

Five-cent coins date 1921 are among the rare and most collectible canadian circulation coins, known as “ The Prince of canadian Coins. ” Estimates of the count of specimens known rate 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 melt was melted down. [ 2 ] The coin believed to be the finest known specimen ( PCGS MS-67 ) sold for US $ 115,000 at auction in January 2010. [ 3 ] It was then sold by the Canadian Numismatic Company for $ 160,000 to a private collector in early 2012 .

Types and specifications [edit ]

Definitive types
Image Years Mass[4] Diameter[4] Composition[4]
CANADA, QUEEN VICTORIA 1893 SILVER 5 CENTS COIN b - Flickr - woody1778a.jpgCANADA, QUEEN VICTORIA 1893 SILVER 5 CENT COIN a - Flickr - woody1778a.jpg 1858–1901 1.16 g 15.5 mm 92.5% silver, 7.5% copper
CANADA, EDWARD VII 1906 -5 CENTS a - Flickr - woody1778a.jpgCANADA, EDWARD VII 1906 -5 CENTS b - Flickr - woody1778a.jpg 1902–1910 1.16 g 15.5 mm 92.5% silver, 7.5% copper
CANADA, GEORGE V 1917-5 CENTS a - Flickr - woody1778a.jpgCANADA, GEORGE V 1917 -5 CENTS b - Flickr - woody1778a.jpg 1911–1921 1.17 g 15.5 mm 92.5% silver, 7.5% copper (1911–1919)
80% silver, 20% copper (1920–1921)
Canada $0.05 1936.jpg 1922–1936 4.54 g 21.21 mm 99.9% nickel
Canada $0.05 1937.jpg 1937–1942 4.54 g 21.21 mm 99.9% nickel
Canada $0.05 1942.jpg 1942–1945 4.54 g 21.3 mm 88% copper, 12% zinc (“tombac”) (1942–1943)
Chrome plated steel (1944–1945)
CANADA, FIVE CENTS 1946 -NICKEL a - Flickr - woody1778a.jpgCANADA, FIVE CENTS 1946 -NICKEL b - Flickr - woody1778a.jpg 1946–1952 4.54 g 21.3 mm 99.9% nickel (1946–1951)
Chrome plated steel (1951–1952)
Canada $0.05 1964.jpg 1953–1964 4.54 g 21.3 mm Chrome plated steel (1953–1954)
99.9% nickel (1955–1964)
Canada $0.05 1968.jpg 1965–1981 4.54 g 21.3 mm 99.9% nickel
Canada $0.05 1989.jpg 1982–1989 4.6 g 21.2 mm 75% copper, 25% nickel
Canada $0.05 1992.jpg 1990–2001, 2006
(No “P”
on obverse)
4.6 g 21.2 mm 75% copper, 25% nickel
Canada $0.05 2003.jpg 1999–2003
(With “P”)
3.95 g 21.2 mm 94.5% steel, 3.5% copper, 2% nickel plating
Canadian Nickel - reverse.pngCanadian Nickel - obverse.png 2003–present
(With RCM logo
on obverse)
3.95 g 21.2 mm 94.5% steel, 3.5% copper, 2% nickel plating

commemorative nickels [edit ]

Although not strictly a commemorative, the “ Victory nickel ”, struck from 1943 to 1945, was the foremost non-standard circulate canadian coin other than commemorative dollars ; the revoke features a fiery flashlight and a big V that stands for both Victory and the mint ‘s denomination. The rim denticles were replaced by the phrase “ We win when we work willingly ” in Morse Code. This design was re-used in 2005 to commemorate the sixtieth anniversary of V-E Day. [ 5 ] Almost uniquely in the history of canadian neologism, the inverse was engraved to scale by Thomas Shingles ; most coin designs are engraved at a much larger scale and reduced with a pantograph. In 1951, a special commemorative five-cent nibble depicting a nickel refinery was struck to celebrate the two-hundredth anniversary of the metallic ‘s initial discovery by swedish chemist Axel F. Cronstedt. Due to the attack of the Korean War, production of this commemorative was halted to preserve nickel for the war effort, resulting in a second non-commemorative 1951 “ nickel ” made of plat sword. In 1967, all the circulate coins received a special reverse for the Canadian Centennial ; the nickel featured a rabbit.

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In proof sets issued since 1996, the five penny coin is made of greatest silver. Some commemorative five cent coins are besides made of sterling silver medal .

Commemorative editions of the Canadian nickel
Image Year Theme Artist Mintage Special notes
Canada $0.05 1943.jpg 1943 Victory (Tombac) Thomas Shingles 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.
Canada $0.05 1945.jpg 1944–1945 Victory (Steel) Thomas Shingles 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.
1951 Discovery of Nickel Stephen Trenka 200th anniversary of the discovery of nickel. Features a nickel refinery.
Canada $0.05 1967.jpg 1967 Canadian Centennial Alex Colville Features a hopping rabbit. Dated 1867–1967.
Canada $0.05 2005.jpg 2005 Victory anniversary Thomas Shingles 60th anniversary of the end of World War II. The rim of this edition is smooth. It does not have the denticles the 1943–1945 edition had. Dated 1945–2005.
2017 Canada 150 Gerald Gloade 150th anniversary of the Confederation of Canada. Features a beaver influenced by the northeastern woodland Algonkian heritage. The theme of the coin is “Our Passions”. Dated 1867–2017.

See besides [edit ]

References [edit ]

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