Part of the Royal Canadian Mint's long-running fine silver holiday series, this piece was issued in a limited mintage aimed squarely at the gift market rather than circulation — a category the RCM has developed aggressively since the early 2000s as collector revenue increasingly offset declining demand for circulating coinage. The $25 face value is purely nominal; no one has ever tendered one at a till.
Part of the Royal Canadian Mint's long-running fine silver holiday series, this piece was issued in a limited mintage aimed squarely at the gift market rather than circulation — a category the RCM has developed aggressively since the early 2000s as collector revenue increasingly offset declining demand for circulating coinage. The $25 face value is purely nominal; no one has ever tendered one at a till.