Canadian Coins are cool. Canadian currency or Canadian Coinage. Coins produced by the Royal Canadian Mint and circulated in Canada are called as Canadian Coins.These coins are denominated in lower denomination like cents and dollar, highest denomination being $5.Canadian dollars are available in cent and dollar. Canadian currency is classified as Nickel, Penny, Dime, Quarter, 50 cent and dollar.

Canadian Government withdrew $1 and $2 bills in 1987 and 1996 ,increasing the circulation of these coins. The Canadian Government was also keen to withdraw 1 cent coins from circulation, in 2007 but no steps were taken in that direction. There were rumors of 5$ bills too to be removed from circulation and increasing the circulation of $5 coins ,but no serious action was taken in that too.

Canadian coins are produced at the Royal Canadian Mint The wordings on the coins are printed in English as well as French ,both being the official languages of Canada.Elizabeth II ,by the grace of God ,Queen is printed on the coin in French the words are printed as Dei Gratia. The obverse side of all Canadian coins bear the picture of the Canadian Monarch.

The metal used to produce Canadian coins was bronze for 1 cent ,Silver for coins denomination above 5 cents .Gold coins were used only a Souvenirs. Around 1968 Silver as well as Bronze was replaced by Nickel.

In 1997 1 cent coins were reduced in size and copper plated. In 2000 all coins were changed to steel with copper as well as nickel plating .50 cent coins re rare I Canada circulation, though a unsuccessful attempt of increasing the circulation was made in 2002 as a special tribute to Queen Elizabeth II.

Royal Canadian Mint is known to produce many special edition coins ,these coins have known to be very popular with the coin collectors .In 2004 the Royal Canadian Mint produced a 350$ Canadian coin ,the highest denomination coin ever produced ,this coin was specially produced for the collectors market.

21ST Feb 2007 a 100 kg large coin was announced to be produced by the mint with a face value of $1 million ,made out of pure gold this coin is expected to sell at the highest price in the collectors market approximately 2.25$Million.

Bank of Canada ,Canadian Bank Note company ,Canadian Numismatic Association Canadian Paper Money Society Bank of Canada Currency Museum Royal Canadian Mint are the ones responsible in producing maintaining circulation and withdrawing of coins and currencies from the market.

Canadian coins are more Medallic like the British or Euro coins ,and very different from US coins . Canadian Coins – collect some!

Muna wa Wanjiru Has Been Researching and Reporting on Coins for Years. For More Information on Canadian Coins, Visit His Site at CANADIAN COINS

About the Author

Muna wa Wanjiru Has Been Researching and Reporting on Coins for Years. For More Information on Canadian Coins, Visit His Site at CANADIAN
COINS

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The Mint adds to the celebration of the team’s 100th anniversary with a
limited-edition Proof Silver Dollar

MONTREAL, March 10 /CNW Telbec/ – After a century of dazzling legions of
hockey fans, the Montreal Canadiens are themselves feeling pride and
excitement at the Royal Canadian Mint’s official introduction of the 2009
Montreal Canadiens Centennial one-dollar commemorative circulation coin. The
coin was unveiled today at Montreal’s Bell Centre by Montreal Canadiens
President Pierre Boivin and Royal Canadian Mint President and CEO Ian E.
Bennett. The Mint also unveiled a limited-edition Montreal Canadiens
Centennial proof silver dollar enhanced with touches of selective gold
plating, and presented two of these precious keepsakes to Canadiens Official
Ambassadors Henri Richard and Réjean Houle.
“The Montreal Canadiens have made an immeasurable contribution to
Canadian sports history and the Mint is delighted to permanently commemorate
this legendary team’s 100th anniversary through a special one-dollar
circulation coin,” said Ian E. Bennett, President and CEO of the Royal
Canadian Mint. “The legacy of the Montreal Canadiens will be preserved from
coast to coast as Canadians find this coin in their change and save it is as a
treasured symbol of Canada’s glorious hockey heritage.”
“The Government of Canada is pleased to participate in the celebration of
the 100th anniversary of the Montreal Canadiens,” said the Honourable Rob
Merrifield, Minister of State for Transport. “The legacy and traditions of
great success in hockey are captured on this one-dollar circulation coin
created by the Royal Canadian Mint and this coin will allow hockey fans across
the country to be a part of the celebration.”
“The Royal Canadian Mint’s one-dollar circulation coin paying tribute to
the centennial of the Montreal Canadiens is an exceptional addition to our
team’s year-long centennial celebration,” said Montreal Canadiens President
Pierre Boivin. “The Montreal Canadiens hold a special place in the hearts of
hockey fans across Canada and thanks to the Royal Canadian Mint, they can own
a piece of Canadiens history every time they collect a 2009 Montreal Canadiens
Centennial one-dollar circulation coin.”
Canadians fans across Canada can now look in their change for these new
coins or visit www.mint.ca to find products such as a limited-edition roll of
25 coins retailing for $ 44.95 CDN, among other Montreal Canadiens Centennial
collectibles. On March 11, 2009, Metro, Quebec’s largest grocery chain, will
begin the exclusive distribution of the Mint’s Montreal Canadiens Centennial
$1 commemorative circulation coin across the province.
“The Metro grocery chain has a long relationship with the Montreal
Canadiens and it is delighted that the Royal Canadian Mint has immortalized
the Canadiens’ century of hockey exploits on a new commemorative one-dollar
circulation coin,” said Christian Bourbonnière, Metro’s Senior Vice President,
Quebec Division. “As the exclusive distributors of the Mint’s one-dollar
circulation coin commemorating the centennial of the Montreal Canadiens, we
look forward to welcoming hockey fans in our Metro stores across Quebec and
helping them collect this special keepsake.”
Today, the Mint also launched a special-edition proof silver dollar which
is limited to a world-wide mintage of 15,000. It is available for $69.95 CDN
in a clamshell case or $74.95 CDN, if customers choose an innovative acrylic
stand simulating a well-worn ice surface. Selective gold-plating over the
Canadiens centennial official logo and rim of the coin adds a rich contrast to
its proof silver finish. This exquisite, limited-edition keepsake can be
purchased at the Montreal Canadiens’ Bell Centre boutique, on-line at
www.mint.ca, or by calling 1-800-267-1871 in Canada and 1-800-268-6468 in the
United States.

About the Royal Canadian Mint

The Royal Canadian Mint is the Crown Corporation responsible for the
minting and distribution of Canada’s circulation coins. An ISO 9001-2000
certified company, the Mint is recognized as one of the largest and most
versatile mints in the world, offering a wide range of specialized, high
quality coinage products and related services on an international scale.The
Mint is an Official Supporter of the Vancouver 2010 Olympic and Paralympic
Winter Games and has undertaken to produce the most extensive circulation coin
program in relation to the Olympic Games ever conceived by any mint worldwide,
while also offering limited mintage collector coins and sets. Visit
www.mint.ca/2010 for Vancouver 2010 keepsakes and gifts.
Images and product details of the Mint’s Montreal Canadiens Centennial
coin products are available by visiting
ftp://communications:RCM2007@ftp.mint.ca

Source: www.cnw.ca

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