PENNY'S HISTORY - 2012 CANADIAN COINS - FAREWELL TO THE PENNY
SKU: 0623932043404
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Description
Composition : 99,99% gold
Mintage : 12,000
Making Change: The Story of the Canadian Penny
On the stage of Canadian currency, the humble penny has often been considered a bit player. It lacks the quarter's size, the dime's diminutive prestige, the nickel'sshining patina. Though ubiquitous, the penny has always been a breed apart.
But the life story of Canada's 1-cent piece is anything but dull. It is a story that not only traces the history of Canadian currency, but in many ways walks arm-in-arm with the narrative of Canada's evolution from imperial outpost to dominion to independent nation.
Moving Forward, Looking Back
On January 2, 1908-the day that the Ottawa branch of the Royal Mint was itself freshly minted - Countess Alice Grey, wife of Canada's ninth Governor-General, Albert Henry George Grey, stepped forward and struck Canadas first domestically produced coin: a 1-cent piece. By 2012, more than 35 billion more would be produced.
Today's rising costs of labour, base metals, manufacturing, and distribution mean that each penny costs more than 1.6 cents to produce. The Royal Canadian Mint's patented and cost-effective multi-ply plated steel technology allows it to keep production costs for all other Canadian circulation coins well under their face value; not so, however, for the one-cent piece.
In its Economic Action Plan 2012, the Government of Canada announced its decision to modernize Canada's currency set by eliminating the penny from Canada's coinage system. While the penny will remain legal tender, the Royal Canadian Mint will no longer distribute pennies as of Fall 2012. Canadians can still spend pennies, redeem them at financial institutions,donate them to charities, or recycle them.
Though the humble penny will one day disappear from our midst, its unique role in the history of Canadian coinage remains timeless. And the penny itself, though perhaps no longer present in our pockets, will always hold a specialplace in our hearts.
PENNY'S HISTORY - FAREWELL TO THE PENNY - 2012 CANADIAN COINS is categorised COINS AND PAPER MONEY / 08- ROYAL CANADIAN MINT / 25- GOLD, PLATINE & PALLADIUM COINS and sold by l'Imaginaire, a store and specialised website.
Mintage : 12,000
Making Change: The Story of the Canadian Penny
On the stage of Canadian currency, the humble penny has often been considered a bit player. It lacks the quarter's size, the dime's diminutive prestige, the nickel'sshining patina. Though ubiquitous, the penny has always been a breed apart.
But the life story of Canada's 1-cent piece is anything but dull. It is a story that not only traces the history of Canadian currency, but in many ways walks arm-in-arm with the narrative of Canada's evolution from imperial outpost to dominion to independent nation.
Moving Forward, Looking Back
On January 2, 1908-the day that the Ottawa branch of the Royal Mint was itself freshly minted - Countess Alice Grey, wife of Canada's ninth Governor-General, Albert Henry George Grey, stepped forward and struck Canadas first domestically produced coin: a 1-cent piece. By 2012, more than 35 billion more would be produced.
Today's rising costs of labour, base metals, manufacturing, and distribution mean that each penny costs more than 1.6 cents to produce. The Royal Canadian Mint's patented and cost-effective multi-ply plated steel technology allows it to keep production costs for all other Canadian circulation coins well under their face value; not so, however, for the one-cent piece.
In its Economic Action Plan 2012, the Government of Canada announced its decision to modernize Canada's currency set by eliminating the penny from Canada's coinage system. While the penny will remain legal tender, the Royal Canadian Mint will no longer distribute pennies as of Fall 2012. Canadians can still spend pennies, redeem them at financial institutions,donate them to charities, or recycle them.
Though the humble penny will one day disappear from our midst, its unique role in the history of Canadian coinage remains timeless. And the penny itself, though perhaps no longer present in our pockets, will always hold a specialplace in our hearts.
PENNY'S HISTORY - FAREWELL TO THE PENNY - 2012 CANADIAN COINS is categorised COINS AND PAPER MONEY / 08- ROYAL CANADIAN MINT / 25- GOLD, PLATINE & PALLADIUM COINS and sold by l'Imaginaire, a store and specialised website.
Face value :
1 CENT
Print : 12000
Manufacturer : MONNAIE ROYALE CANADIENNE
Component : 99.99% PURE GOLD
Print : 12000
Manufacturer : MONNAIE ROYALE CANADIENNE
Component : 99.99% PURE GOLD
SKU: 0623932043404
Customer reviews
Store Reviews from our Customers
| Michel H. | Report this review |
| 16/09/2023 | |
| Une petite pièce de 1 cent qui vaut de l'or ! | |
| Il n'est pas toujours nécessaire d'investir des milliers de dollars pour ajouter une magnifique pièce en or pur à sa collection. Celle-ci par exemple est à un bon prix, un juste prix et elle fait mon bonheur. Merci à l'Imaginaire pour l'excellent service, votre fiabilité, les beaux produits que vous offrez. Votre site internet est très bien fait, facile pour les commandes et la livraison vraiment rapide (Un jour, même avec la livraison gratuite) |
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| SERGE V. | Report this review |
| 09/02/2024 | |
| Très belle pièce, première pièce en or pour moi! | |
| Je suis très satisfait et heureux d'avoir pu trouver cette pièce à un prix acceptable. La pièce est vraiment très belle, l'emballage était parfait et elle a été envoyée très rapidement. Merci! | |
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