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5 Dollars Montréal Olympics, Kingston and Sailboats

Issuer Royal Canadian Mint
Year 1976
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Currency Dollar (1858-date)
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Obverse description Central field depicts three sailboats under full sail, rendered in relief against a plain field, with a classical domed building — identified as Kingston City Hall — visible between the vessels in the middle ground. The Montreal 1976 Olympic logo, comprising interlocked rings topped by a stylized floral motif, appears in the upper left of the field. The bilingual legend OLYMPIADE XXI OLYMPIAD occupies the upper right, with MONTRÉAL and the date 1976 to the left. The denomination 5 DOLLARS is inscribed along the lower border.
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Obverse lettering Olympiade XXI Olympiad Montréal 1976 5 Dollars
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Additional information

One of 28 silver coins issued across four series to fund the 1976 Montréal Games, this piece belongs to the sailing series tied to Kingston, Ontario, where the Olympic regatta events were held on Lake Ontario. The Canadian government used coin sales — aggressively marketed internationally — as a partial financing mechanism for Games that ultimately ran roughly $1.5 billion over budget regardless.

The .460 fineness is notably low for a commemorative silver issue, a deliberate decision to keep production costs down while still qualifying the series as silver coinage.

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