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The 1955 Canada 1 Dollar silver coin, particularly the 'One Water Line' variety catalogued as KM#54, is an exceptional piece of numismatic art that reflects a unique period in Canadian currency history. This coin, part of the Voyageur series, tells a vivid story about Canada's cultural and economic development post-World War II, representing a nation's identity through its iconography and coinage. The One Water Line variety, distinguished by a particular die variety that depicts a single line of water under the canoe on the coin's reverse, is especially sought after by collectors due to its rarity and historical significance.
The design of the 1955 One Water Line dollar is emblematic of Canadian heritage, featuring on the obverse a portrait of a young Queen Elizabeth II, which marked her early reign. This portrait was created by Mary Gillick and symbolizes a new era in British and Commonwealth history. The reverse, designed by Emanuel Hahn, is particularly notable; it depicts a native Canadian and a voyageur, a French-Canadian who traveled by canoe, paddling a canoe laden with furs. The design captures the spirit of the early Canadian fur trade, a critical part of the country's economic history, with the northern lights shimmering in the background. The single water line variant of this design adds a layer of rarity and desirability among collectors, as it distinguishes the coin from typical issues.
Minted in Ottawa, the 1955 One Water Line Silver Dollar was produced in silver, giving it a lustrous appeal that has endured over the decades. The coin's composition of .800 silver and .200 copper, with a total weight of 23.33 grams, ensured it had both a pleasing heft and a resistance to wear. The coin was minted without a designated mint mark, as is standard for Canadian coins of this period. Its production volume was not exceedingly high, which has contributed to its current status as a collectible. The mintage figures, while not as low as some of the rarer numismatic pieces, still qualify it as a relatively scarce item in the upper echelons of Canadian coin collections.
In terms of condition, the 1955 One Water Line Silver Dollar in AU (Almost Uncirculated) grade represents a coin that has seen very little circulation. Coins in this condition retain most of their original mint luster but might show slight signs of wear or contact marks that are minimal and do not detract significantly from the overall visual appeal. For collectors, an AU grade is highly desirable as it ensures that the intricate details of Gillick's portrait and Hahn’s reverse design are well preserved, maintaining the artistic integrity and historical value of the coin.
Overall, the 1955 Canada 1 Dollar One Water Line Silver Coin in AU condition is a testament to the rich history and cultural significance of Canadian numismatics. It not only offers insight into the royal legacy and economic foundations of Canada but also serves as a cherished piece of heritage that connects collectors to the past. Its unique design, precious metal content, and historical context make it a standout piece in any collection, embodying both the beauty and the storied past of Canadian coinage.