The "SML" designation refers to the Small-Medium-Large fractional set format the Royal Canadian Mint introduced to bundle fractional silver issues under unified thematic releases. The $3 denomination itself is a Canadian numismatic invention with no circulation history — created purely to anchor a price point in the collectibles market, never intended for commerce.
The "SML" designation refers to the Small-Medium-Large fractional set format the Royal Canadian Mint introduced to bundle fractional silver issues under unified thematic releases. The $3 denomination itself is a Canadian numismatic invention with no circulation history — created purely to anchor a price point in the collectibles market, never intended for commerce.