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The 1994 Canada 1 Dollar coin, catalogued as KM#248 in proof condition, showcases a monument that holds significant historical value for Canada. This silver coin is part of an annual series released by the Royal Canadian Mint that commemorates Canadian history through the depiction of various national monuments, icons, and historical figures. The 1994 edition focuses on a monument that celebrates a pivotal event or personality in Canadian history, thus serving as both a collectible and an educational piece that connects Canadians with their rich heritage.
The design of the 1994 Canada 1 Dollar coin is meticulously crafted, featuring a detailed representation of the chosen monument on the reverse side. This design highlights the architectural and artistic elements of the monument, emphasizing its importance and beauty. The coin's obverse features the effigy of Queen Elizabeth II, designed by Dora de Pédery-Hunt. This portrait is a symbol of Canada's constitutional monarchy and has been a standard on Canadian coins for decades. The proof finish of the coin enhances the intricacy of the design, giving it a mirror-like background that contrasts sharply with the frosted, detailed imagery, making the monument's depiction strikingly vivid.
Produced by the Royal Canadian Mint, which is renowned for its high-quality and innovative minting techniques, the 1994 commemorative dollar is struck in sterling silver, containing 92.5% silver and 7.5% copper. This alloy ensures durability while maintaining the luster characteristic of high-quality silver coins. The coin weighs 23.327 grams and measures 36.07 millimeters in diameter, providing a substantial feel and ample surface area to showcase the intricate details of its design. Such specifications not only enhance the coin's aesthetic appeal but also contribute to its desirability among collectors.
The mintage of the 1994 Canada 1 Dollar KM#248 coin was deliberately limited, making it a sought-after piece for numismatists and collectors specializing in Canadian commemorative currency. Limited mintage is a common practice for collectible coins as it increases their rarity and potential value over time. Each of these coins comes packaged in a protective case, often accompanied by a certificate of authenticity issued by the Royal Canadian Mint. This not only ensures the coin's condition is preserved from minting to delivery but also adds an extra layer of collectibility through enhanced presentation and verification of its minting specifics.
Overall, the 1994 Canada 1 Dollar KM#248 Proof Monument coin is not just a means of transaction but a piece of art that represents a slice of Canadian history. Its limited mintage, stunning design, and the historical significance of the monument it commemorates make it a coveted item for both serious numismatists and enthusiasts of Canadian culture. The coin serves as a tribute to Canada’s heritage, showcasing the craftsmanship of the Royal Canadian Mint and the nation's respect for its historical monuments and the stories they tell.