Coins
Coins are produced by the Royal Canadian Mint in Winnipeg, Manitoba, and currently issued in denominations of 5¢ (nickel), 10¢ (dime), 25¢ (quarter), 50¢ (50¢ piece) (though the 50¢ piece is rarely used in most provinces), $1 (loonie), and $2 (toonie). The last 1¢ (penny) to be minted in Canada was struck on Friday, May 4, 2012.
The standard set of designs has Canadian symbols, usually wildlife, on the reverse, and an effigy of Elizabeth II on the obverse. However, some pennies, nickels, and dimes remain in circulation that bear the effigy of George VI. It is also common for American coins to be found among circulation due to the close proximity to the United States & how the sizes of the coins are similar. Commemorative coins with differing reverses are also issued on an irregular basis, most often Quarters. 50¢ coins are rarely found in circulation; they are often collected and not regularly used in day-to-day transactions in most provinces.
Read more about this topic: Canadian Dollar
Famous quotes containing the word coins:
“No Time, spoke the clocks, no God, rang the bells,
I drew the white sheet over the islands
And the coins on my eyelids sang like shells.”
—Dylan Thomas (1914–1953)
“A war undertaken without sufficient monies has but a wisp of force. Coins are the very sinews of battles.”
—François Rabelais (1494–1553)