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20 Dollars - Elizabeth II Northern Pike

Issuer Royal Canadian Mint
Year 2015
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Weight 31.39 g
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Obverse description Right-facing draped bust of Queen Elizabeth II, wearing a pearl necklace, as rendered by Susanna Blunt. The effigy is set against a deeply mirrored proof field, surrounded by a border of raised beads. The legend ELIZABETH II arcs along the upper left rim, and D•G•REGINA arcs along the upper right, both in raised Latin lettering. The initials SB appear discreetly below the truncation of the bust.
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Obverse lettering ELIZABETH II D•G•REGINA
(Translation: Elizabeth II Queen by the grace of God)
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Additional information

Part of the Royal Canadian Mint's ongoing fine silver wildlife series, this issue appeared during a period when the RCM was aggressively expanding its collector bullion program — releasing dozens of themed $20 face-value pieces annually at prices well above melt. The northern pike was one of several freshwater species featured across consecutive years, a deliberate appeal to the Canadian sportfishing market.

The .9999 fineness, rather than the more common .999, was a consistent marketing differentiator the RCM leaned on heavily during this era to justify collector premiums over comparable issues from other sovereign mints.

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