Following the quick Royal Canadian Mint sell out of subscriptions for the full 2020 Real Shapes series and a quick sell out of single coins for the Loon, Caribou, and Bluenose designs, this fourth coin in the series is expected to be equally popular. The use of the beaver as a Canadian cultural motif dates back to the fur trade and the age of exploration hundreds of years ago. It became the face of the Canadian 5-cent piece in 1937, and was eventually recognized as an official symbol in 1975. The coin is dated 2020 with a $50 denomination and weighs 100 grams (over three ounces) of pure silver. Adding to its collectability, the mintage is extremely limited to just 1,200. HST/GST exempt.
This coin has been specifically designed for consistent weight while also ensuring that the subject remains unaltered from the original in detail and proportions. From the 1937 5-cent coin reverse, the scene depicts a beaver standing on a rock surrounded by water. The image is portrayed within its own silhouette. The obverse features a stylized pattern of beaver silhouettes, and the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt.
Did you know?
Prior to 1922, the 5-cent piece was a sterling silver coin of very small size—smaller than the present-day dime—giving it the nickname “fish scale.” In 1922, the composition switched to pure nickel, lending the coin its new moniker, the “nickel.” Between 1942 and 1963, Canadian nickels had 12 sides.
The reverse design of the Canadian nickel has changed only a handful of times since this image was first introduced in 1937. During the Second World War, the “Victory nickel” displayed a “V” motif on its face to support the war effort. This unique coin bore the phrase “We win when we work willingly” in Morse code around its rim (1943 to 1945). In 1951, to commemorate the 200th anniversary of the isolation of the nickel element, the reverse design changed to an image of a nickel refinery. It returned to the beaver design in 1952, changing only three more times: during Canada’s centennial in 1967, for the 2005 Victory Anniversary celebrating the 60th anniversary of the end of the Second World War and in 2017 as part of the My Canada, My Inspiration Canada 150 coin program.