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5 Dollars Montréal Olympics, Water Polo

Issuer Royal Canadian Mint
Year 1976
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Currency Dollar (1858-date)
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Obverse description Central field depicts a stylized water polo player emerging from stylized wave lines, raising a ball aloft with one arm. The Montreal 1976 Olympic logo — comprising the five interlocked rings surmounted by the distinctive flame-and-M motif — appears in the upper left. The bilingual legend 'Olympiade XXI Olympiad' is inscribed to the right of the logo, with 'Montréal' and the date '1976' to the left of the central figure. The denomination '5 Dollars' is inscribed along the lower rim.
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Mint Royal Canadian Mint
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Additional information

Part of the 28-coin series commissioned for the 1976 Montréal Games, these Olympic issues were sold in sets through a subscription program that generated significant revenue but also flooded the secondary market, suppressing collector premiums for decades. The .925 fine issues in the series command more attention; the .590 pieces — a non-standard fineness chosen to hit a specific bullion cost target during the silver price volatility of the early 1970s — tend to trade closer to melt.

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