One of 28 collector coins issued to finance the 1976 Montréal Games, this piece belongs to the second series of the Olympic program — a fundraising mechanism the Canadian government leaned on heavily after cost projections for the Games collapsed almost immediately following the 1970 bid. Montreal's Olympic debt was so severe it took the city until 2006 to pay off, thirty years after the closing ceremony.
The .450 fineness was a deliberate step down from the finer silver used in the program's earliest issues, reflecting both rising silver prices and the sheer volume of coins the mint needed to produce across the full run.
One of 28 collector coins issued to finance the 1976 Montréal Games, this piece belongs to the second series of the Olympic program — a fundraising mechanism the Canadian government leaned on heavily after cost projections for the Games collapsed almost immediately following the 1970 bid. Montreal's Olympic debt was so severe it took the city until 2006 to pay off, thirty years after the closing ceremony.
The .450 fineness was a deliberate step down from the finer silver used in the program's earliest issues, reflecting both rising silver prices and the sheer volume of coins the mint needed to produce across the full run.