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5 Dollars - George V
| Issuer | Royal Canadian Mint |
|---|---|
| Year | 1912-1914 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 8.36 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The quartered Canadian coat of arms, featuring the arms of England, Scotland, Ireland, and France in the upper quarters, with a sprig of three maple leaves and a salmon in the lower quarters, enclosed within a wreath of maple branches bearing large lobed leaves. Two crossed branches form the base of the wreath. The legend CANADA arcs above the shield along the upper periphery, while FIVE DOLLARS and the date appear in two lines across the lower field, all within a beaded border. |
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| Additional information |
Canada's gold $5 and $10 pieces were authorized under the 1910 revised Coinage Act, a deliberate push by the Dominion government to circulate domestically struck gold rather than rely on British sovereigns and American eagles that dominated Canadian commerce. The Ottawa Mint had been producing sovereigns for British account since 1908, but these were the first gold coins issued in Canadian denominations under Canadian authority.
Production ran only three years before the outbreak of war in 1914 ended the series permanently. Gold was immediately hoarded and then surrendered to war finance; very few of these pieces ever saw meaningful circulation.