A new $50 coin in Canada with an attractive and very elegant design, revealed by the Canadian Mint.
The Canadian government announced the launch of a new $50 coin in black, with a very attractive design. The coin also features the most wonderful maple leaves.
The Royal Canadian Mint explained that the new coin is distinctive, as it includes a group of designs that have not been used before on this type of Canadian coin.
This new Canadian coin is 99.9% pure silver, and also contains a very attractive black rhodium plating.
The Canadian Mint said that since the silver maple leaf is stamped, it radiates a wonderful luster, which has never happened before on a silver coin of this type.
The Canadian Mint explained that the new silver coin is five times the weight of Canada.
The second side of Canada's new coin shows a portrait of Queen Elizabeth II, while the other side shows laser-engraved maple leaves on the silver coin.
Notably, the first coins featuring the likeness of King Charles III were struck at the Winnipeg facility of the Canadian Mint in November of last year, 2023.
For the first time ever, Canadian currency will have an image of the King, which was introduced by Mary LeMay, president and chief executive officer of the Mint.
"Today is a fantastic day for all of us here at the Mint," Lemay exclaimed as the reveal took place. "A new chapter in the history of Canada begins today."
Additionally, she mentioned that the typical timeframe for releasing a new coin design is one to eighteen months. But the Winnipeg squad worked hard to achieve the "ambitious schedule."
King George VI's image faces left, in keeping with long-standing custom, rather than right, as his late mother, Queen Elizabeth II, faced. By taking this detour, we want to differentiate between the reigns of different kings.