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20 Dollars - Charles III Moon phases

Issuer Royal Canadian Mint
Year 2025
Type Non-circulating coin
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Obverse lettering CANADA · 2025 CHARLES III D·G·REX 20 DOLLARS SR
(Translation: Charles III, by the Grace of God, King)
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Reverse script Latin
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Additional information

The Moon Phases series from the Royal Canadian Mint uses selective black rhodium plating to create the darkened sky effect — a technique the RCM has refined over roughly a decade of applying rhodium to silver blanks before striking. The KM# range spanning 3593–3599 indicates seven distinct issues within the series, each capturing a different lunar phase.

Black rhodium on .9999 fine silver is technically demanding: rhodium adhesion at that purity requires precise surface preparation, and the plating boundary where the moon emerges from the darkened field is the most failure-prone point in production.