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8 Dollars - Elizabeth II 1 1½ oz. Silver Bullion Coinage, Snowy Gyrfalcon
| Issuer | Royal Canadian Mint |
|---|---|
| Year | 2016 |
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| Composition | Log in to see details |
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| Thickness | 4.5 mm |
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| Obverse description | The obverse features the mature effigy of Queen Elizabeth II facing right, as sculpted by Susanna Blunt, whose initials 'SB' appear below the truncation of the neck. The Queen is depicted wearing a diadem and pearl necklace, rendered in fine detail against a radially lined field. The circumferential legend reads 'ELIZABETH II D·G·REGINA' distributed around the upper arc, while the denomination '8 DOLLARS' is inscribed along the lower arc. The portrait is executed in high relief consistent with Royal Canadian Mint bullion coinage standards. |
|---|---|
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| Obverse lettering | ELIZABETH II D·G·REGINA 8 DOLLARS (Translation: Elizabeth II Queen by the grace of God) |
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| Additional information |
Canada's gyrfalcon series belongs to the Royal Canadian Mint's broader push into the fractional and odd-denomination bullion market that accelerated after 2010, when collector-bullion hybrids proved far more profitable per ounce than standard Maple Leafs. The $8 face value is purely nominal — a legal-tender fiction calibrated to sit below melt value while satisfying the technicalities of currency issuance.
The .9999 fineness here is noteworthy: the RCM was among the first sovereign mints to achieve four-nines purity as a production standard rather than a special-issue exception, requiring dedicated refining infrastructure introduced in the 1980s.