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2 Dollars - Elizabeth II Arctic Fox, 1⁄10 oz

Issuer Royal Canadian Mint
Year 2004
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Reverse description Central depiction of an Arctic fox rendered in fine relief, shown in right-facing profile with characteristic pointed snout and alert posture, set against a plain polished field. The legend 'CANADA' arcs boldly along the upper periphery in large capital letters, while the purity mark '9999' appears to the upper right of the design. The inscription 'FINE SILVER 1/10 OZ ARGENT PUR' is arranged along the lower portion of the field, affirming the coin's precious metal content in both English and French. A small mint mark 'CD' is incorporated within the reverse design. The overall composition presents a naturalistic wildlife portrait consistent with the Royal Canadian Mint's acclaimed nature series issues.
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Reverse lettering CANADA 9999 CD FINE SILVER 1/10 OZ ARGENT PUR
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Additional information

The Arctic Fox dollar series was part of the Royal Canadian Mint's broader push in the early 2000s to capture the fractional bullion market with wildlife-themed issues, competing directly against established fractional programs from Perth and the Austrian Mint. The .9999 fineness was a deliberate differentiator — four nines purity was still uncommon in silver bullion at the time, and the RCM leaned on it heavily as a selling point over the more typical .999 standard.

Mintage figures for this issue were tightly controlled, keeping survival populations modest despite collector interest in the series.

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