Catalog
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| Issuer | Royal Canadian Mint |
|---|---|
| Year | 1976 |
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| Value | Log in to see details |
| Currency | Dollar (1858-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | ELIZABETH II CANADA 1976 |
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| Additional information |
Canada's 1976 Montreal Olympics became one of the most financially catastrophic Games in modern history, leaving the city of Montreal carrying debt that wasn't fully retired until 2006 — thirty years after the closing ceremony. The Royal Canadian Mint issued this coin as part of a broader Olympic fundraising program, with gold and silver issues sold directly to collectors at a premium to help offset ballooning construction costs for the Olympic facilities.
The 22-karat composition was a deliberate commercial choice, hardened slightly for durability as a collectible rather than struck to the .999 fineness of bullion issues.