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5 Dollars - Elizabeth II Polar Bear

Issuer Royal Canadian Mint
Year 2020
Type Non-circulating coin
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Reverse script Latin
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Mintage 2020
Additional information

The Polar Bear $5 gold piece belongs to the Maple Leaf family's fractional program, which the Royal Canadian Mint expanded aggressively through the 1990s and 2000s to capture collector demand for lower entry-point bullion. The .9999 fineness standard — four nines — was itself a marketing and metallurgical achievement the RCM pioneered in 1982, forcing competitors to eventually match it.

By 2020, the tenth-ounce format had become the most liquid fractional gold denomination on the secondary market globally.

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