In Stock and Ready for Immediate Shipment!
SOLD OUT at the Royal Canadian Mint!
The
1911 Pattern Silver Dollar is the single most storied coin in
Canadian
history! It's known as the "Emperor of Canadian Coinage", with only
three known examples - two struck in silver, and one in lead. Of these
three coins, only one silver exemplar is in private hands. Technically
a pattern, and never officially approved for or released into
circulation, it would be another 24 years before Canada's first
circulating silver dollar would be issued, with the famed
Voyageurs
design. It is next-to-impossible to own an original 1911 Pattern
Dollar, but thanks to the Royal Canadian Mint, one can now acquire the
next-best thing - add this low-mintage,
coin-on-coin
retro design
silver
dollar (that exactly replicates the original design of the
1911 pattern silver dollar) to your collection today!
Please note that last year's
special edition silver dollar, the 1935
Voyageurs Dollar 75th Anniversary Silver $1, sold out quickly at the Mint. And now this 1911 Pattern
Silver Dollar Proof has also sold out quickly!
Canada's
Rarest Numismatic Delicacy!
In late 1911, the Ottawa Branch of the Royal Mint struck a trial one
dollar coin in lead. Two more were struck in silver at the Royal Mint
in London, England. These three coins are among the rarest Canadian
coins. The lead trial coin and one of the silver coins are now housed
in the Currency Museum of the Bank of Canada in Ottawa; the other
silver specimen is privately owned.
How did these rarities come about? The Currency Act of 1910 authorized
the Ottawa Branch of the Royal Mint
to strike one dollar silver pieces, which it planned to do in 1911.
However, as often occurs, a change in government in 1911 brought a
change in policy, and so the Minister of Finance stated that the new
government was shelving plans to create a Canadian silver dollar. As a
result of these exceptional events, the 1911 dollars became one of
Canada’s rarest coins. The only 1911 silver dollar in private
hands sold for over $1 million in 1998, becoming the first Canadian
coin ever to realize such a lofty price!
And what of that lead trial or pattern dollar? The story behind the
lead example is even more mysterious. The lead piece was reportedly
discovered in late 1977, during preparations for the move of a part of
the Department of Supply and Services out of the East Block of the
Parliament buildings in Ottawa. The lead trial had apparently been sent
to officials of the Department of Finance for examination and had lain
there, unknown and unappreciated, for more than 65 years, inside a
small brown paper bag!
Canada's "Godless" Coinage
The
Currency Act of 1910 authorized the Ottawa Branch of the Royal Mint to
strike one dollar silver pieces, which it planned to do in 1911.
However, in May 1910, King Edward VII passed away, which sparked a
fascinating sequence of events in the history of Canadian coinage.
After King George V was crowned, a race ensued to ensure that his
effigy would appear on coinage across the Empire, in time for the
issuing of 1911 coinage. Since most of the master tooling had to be
made at the Royal Mint in London and shipped to Britain’s
Dominions and colonies, the engravers at the Royal Mint were under a
great deal of pressure. As a result, creating the master tooling for
the existing denominations (as opposed to the yet-to-be-introduced
silver dollar) was made the priority, and the silver dollar was put on
hold.
In early March, the Royal Mint requested that the Department of Finance
choose one of two new obverses: one in Latin, the other in English.
Finance Minister William Fielding chose the Latin, but failed to notice
that the die lacked the requisite
Dei
Gra[tia]
("By the Grace of God") inscription or legend. Midyear 1911, the
tooling arrived in Ottawa, where officials finally noticed the
omission. But, by then it was too late to request new tooling because
reserves of 1910 coinage were running out; requiring the new 1911 coins
lacking the correct inscription be put into circulation. This meant
that in 1911 Canada had what came to be called "Godless" coinage.
This proof silver dollar features the classic Pattern of
1911 design and
commemorates the 100th Anniversary of the very first Canadian silver
dollar in 1911. The famous 1911 Pattern Dollar, the
most famous of all Canadian numismatic rarities, has been exquisitely
recreated on this legal tender, proof-finish Canadian silver dollar.
There are only two items in this
program:
1911
Pattern Dollar 100th
Anniversary Proof Silver $1
1911
Pattern Dollar 100th
Anniversary 6-Coin Silver Proof Set
Investment Note
Previous low-mintage
Canadian
proof silver dollars
have consistently sold out quickly at the Mint and increased in value.
This release, with
its extremely significant design and low mintage, does not seem
like it will be the exception.
All silver dollar
collectors need this coin. We are recommending this silver
dollar
as a strong buy and hold.
Obverse
A duplication of the original Pattern Dollar of 1911 design, with crown
and maple leaves. The dual date 1911-2011 commemorates the centennial
or centenary of the original pattern dollar. The denomination is also
indicated.
Reverse
A frosted cameo portrait of His Majesty, King George V of England, in
profile facing right. This portrait was executed by the artist,
sculptor and designer Percy Metcalfe.
The legend GEORGIVS V DEI GRA: REX ET IND: IMP: (“George
V,
King and Emperor of India by the Grace of God”) replicates
the design
of
the original, 1911 Pattern dollar.
Packaging
The coin is encapsulated inside a burgundy leatherette, clamshell-style
presentation case, lined with black velvet and protected by a black
outer box. An individually-numbered certificate of authenticity is
included.
Specifications
Talisman World Coins and Medals has been in business for more than 20
years and is one of the largest world coin direct distributors and
wholesalers in the world. ANA Life Member.
Copyright © 2012 Talisman World Coins and Medals. All Rights
Reserved.