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5 Dollars - Elizabeth II First Gold Coins

Issuer Royal Canadian Mint
Year 2002
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Value 5 Dollars
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Obverse script Latin
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Mint Royal Canadian Mint, Ottawa
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Additional information

This piece commemorates the centennial of Canada's first domestically struck gold coins, originally produced by the Ottawa Mint in 1912 following years of political pressure to reduce dependence on British and American gold coinage. The 1912–1914 $5 and $10 gold sovereigns were Canada's only domestic gold currency before the suspension of the gold standard effectively ended their production run after just three years.

Ottawa's early gold striking capacity was hard-won — the branch mint had operated since 1908 but required significant retooling before it could handle gold coinage to Royal Mint standards.

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