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150 Dollars - Elizabeth II Arctic fox, platinum

Issuer Royal Canadian Mint
Year 1993
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Orientation Medal alignment ↑↑
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Reverse script Latin
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Edge Serrated
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Additional information

Canada's platinum bullion program launched in 1988 as a direct response to South African Krugerrand sanctions, which had pushed institutional buyers to seek alternative platinum vehicles. The Arctic Fox series cycled through annual wildlife subjects, and the fox appeared across multiple denominations in the 1993 set — the $150 being the mid-tier piece in a four-coin fractional lineup ranging from $30 to $300.

The .9995 fineness fractionally exceeds the .9990 standard held by most competing platinum issues of the period, a deliberate specification choice by the RCM to claim the purity high ground in a competitive bullion market.

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