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- Product ID: 40711
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The Canada 1 Cent 1892 KM#7 XF coin represents a pivotal period in Canadian history, characterized by economic prosperity and political change. As Canada transitioned towards greater autonomy from British rule, the minting of its own coinage symbolized its emergence as a distinct nation. This coin, with its unique design and historical significance, serves as a tangible link to Canada's past.
The obverse of the Canada 1 Cent 1892 KM#7 XF coin features the right-facing effigy of Queen Victoria, the reigning monarch at the time. Encircling the portrait is the inscription "VICTORIA DEI GRATIA REGINA," Latin for "Victoria, by the grace of God, Queen." On the reverse side, a maple wreath surrounds the facial value "1 CENT" and the year of issue "1892."
The Canada 1 Cent 1892 KM#7 XF coin was struck at the Royal Mint in London, England, which served as the primary mint for producing circulation coinage for the British Empire, including Canada. Established in the 9th century, the Royal Mint has a long history of minting coins for various nations and remains one of the world's oldest operating mints.
Exact mintage figures for the Canada 1 Cent 1892 KM#7 XF coin are not readily available. However, it was minted in sufficient quantities to meet the demands of Canada's growing economy and population during the late 19th century. The increased circulation of coinage reflected Canada's expanding industries and urbanization.
Condition plays a crucial role in determining the value and desirability of the Canada 1 Cent 1892 KM#7 XF coin. Coins in Extremely Fine (XF) condition typically exhibit minimal wear, with most original detail intact. XF coins may show light traces of friction on the highest points of the design but overall maintain sharp, well-defined features, making them highly sought after by collectors.