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1 Dollar - Elizabeth II SML: The red maple (Fractional)

Issuer Royal Canadian Mint
Year 2024
Type Non-circulating coin
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Obverse lettering ELIZABETH II D•G•REGINA 1952 •••• 2022 1 DOLLAR
(Translation: Elizabeth II, Queen by the Grace of God)
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Edge Serrated
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Additional information

The "fractional" silver maple series occupies an odd corner of Canadian bullion coinage — pieces struck to legal tender face value but sold at a premium that ensures none will ever see a cash register. This 1/20 oz denomination was introduced partly to give entry-level bullion buyers a lower price point, and partly because the Royal Canadian Mint had watched private refiners successfully market small-format silver wafers for years without any royalty flowing to Ottawa.

The red maple leaf designation distinguishes this from the standard silver maple, which depicts the sugar maple.

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