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20 Dollars - Elizabeth II Canoe

Issuer Royal Canadian Mint
Year 2011
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Value 20 Dollars
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Obverse script Latin
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Reverse lettering 20 DOLLARS FINE SILVER 9999 9999 ARGENT PUR 2011 CANADA
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Additional information

Part of the RCM's long-running fine silver $20 series that launched in 2011, this issue sold exclusively through the Mint's direct retail channel at face-adjacent pricing — a strategy that built a devoted collector base but also flooded the secondary market within years, compressing premiums sharply. The series consistently sold out on issue day, then sat at or below issue price at auction within eighteen months.

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