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The Canada 1 Dollar 1982, designated as KM#120.1, is a remarkable coin that reflects both the artistic craftsmanship and the historical significance of Canadian numismatics. Minted in 1982, this coin was part of a series that commemorated notable aspects of Canada’s identity and heritage. The one-dollar coin, commonly referred to as a “loonie” due to the depiction of a common loon on its reverse side, has become an essential part of Canada’s currency system and cultural representation.
The historical context surrounding the 1982 one-dollar coin is vital for understanding its significance. The early 1980s in Canada were a period marked by economic challenges, including high inflation and changes in the global economy. During this time, the Canadian government was seeking ways to innovate its currency system. In 1987, the Royal Canadian Mint introduced the loonie, but the designs leading up to this introduction, including the 1982 one-dollar coin, laid the groundwork for a transformation in Canadian coinage. This period also saw Canada reaffirming its national identity as it moved towards the celebration of its centennial in 1967 and beyond.
The design of the 1982 Canada 1 Dollar coin is a beautiful reflection of Canadian symbolism. The obverse of the coin features a portrait of Queen Elizabeth II, which was designed by renowned engraver Arnold Machin. This portrayal of the queen is characterized by its detail and elegance, capturing her likeness in a dignified manner. The inscription surrounding the portrait reads “ELIZABETH II D.G. REGINA,” indicating her status as queen and reinforcing the connection between the coin and the British monarchy.
On the reverse side of the coin, the design showcases a striking image of a common loon, a bird native to Canadian waters, known for its distinctive call and striking appearance. The loon is depicted swimming gracefully on the water, symbolizing Canada’s natural beauty and rich wildlife. This design was created by artist Robert-Ralph Carmichael, whose work aimed to capture the essence of Canadian flora and fauna. The reverse also features the year of minting, “1982,” along with the denomination “1 DOLLAR,” which reinforces the coin’s purpose.
Made of nickel-brass, the 1982 Canada 1 Dollar coin weighs 7.0 grams and has a diameter of 26.5 mm. This composition gives the coin a distinctive golden appearance, enhancing its aesthetic appeal and helping it stand out in circulation. The choice of materials also reflects the Canadian Mint’s commitment to durability, ensuring that the coin can withstand the wear and tear of daily transactions.
The minting of the 1982 one-dollar coin took place at the Royal Canadian Mint, which has a long-standing tradition of producing high-quality coins. Established in 1908, the mint has evolved into a leading institution in the world of numismatics, known for its advanced technology and skilled craftsmanship. The 1982 one-dollar coin was produced in significant quantities, with a mintage of approximately 8.3 million coins, making it relatively common in the marketplace. However, its status as a proof coin (PF) indicates that it was struck with special care to create a mirror-like finish, enhancing its collectibility and value among numismatists.
In terms of mintage and availability, the 1982 Canada 1 Dollar coin remains accessible to collectors and investors. While the coin itself was widely circulated, those in pristine proof condition are sought after for their exceptional quality and visual appeal. The proof version of this coin has become a favorite among collectors who appreciate its artistry and connection to Canada’s natural heritage.
Over the years, the Canada 1 Dollar 1982 has garnered interest not only from coin collectors but also from those who value its cultural significance. The loonie has become a symbol of Canadian identity, representing both the nation’s wildlife and its commitment to preserving natural beauty. The coin serves as a reminder of Canada’s diverse environment and the importance of wildlife conservation.
In summary, the Canada 1 Dollar 1982 KM#120.1 PF is a significant piece of numismatic history that showcases the artistry and cultural heritage of Canada. With its detailed design, high-quality minting, and the meaningful symbolism of the common loon, this coin encapsulates the spirit of Canada. Whether for investment or collection, the 1982 one-dollar coin continues to hold value and interest among those who appreciate the story and beauty behind each piece of currency.