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3 Dollars - Elizabeth II Beaver

Issuer Royal Canadian Mint
Year 2006
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Currency Dollar (1858-date)
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Obverse script Latin
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Reverse description Central design features a finely detailed high-relief effigy of a swimming beaver (Castor canadensis), Canada's national animal, depicted in left profile with its characteristic flat tail visible below the waterline, engraved by Cosme Saffioti and initialled 'CS' in the lower right field. The beaver is framed by an elaborate rococo-style scrollwork border with foliate and acanthus motifs at the corners, surmounted by a pair of maple leaves at the top center. The denomination '3 DOLLARS' appears in large numerals and lettering in the upper field, with the date '2006' and the issuer legend 'CANADA' inscribed in the lower field.
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Additional information

The three-dollar denomination was essentially invented by the Royal Canadian Mint in the mid-2000s as a collector-only face value sitting between the existing two- and five-dollar commemorative silver issues. It has never circulated and was never intended to. The beaver design used here draws on a long lineage of Canadian coinage going back to the 1937 five-cent piece, itself introduced under George VI when Canada undertook a comprehensive redesign of its circulating coinage.

Gold-plated silver issues from this period were produced in relatively modest mintages aimed squarely at the gift and souvenir market — a deliberate strategy the Mint had been refining since the early 1990s.

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