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- Product ID: 41918
The Canada 5 Cents 1926, often referred to as the "near 6," is a notable coin that holds a special place in Canadian numismatics. Struck during a period of significant economic transition, this coin is distinguished by its unique design and historical context. The year 1926 marked the centennial of the completion of the Canadian Confederation, making this coin not only a piece of currency but also a commemoration of national unity.
Design-wise, the 1926 five-cent piece features the classic beaver, which has long been a symbol of Canada’s fur trade and, by extension, its economic history. The reverse of the coin depicts a beaver sitting on a log, an image that resonates with Canada's natural heritage. This design is framed by the inscriptions "CANADA" and "FIVE CENTS." The beaver's detailed rendering reflects the craftsmanship of the Royal Canadian Mint and showcases the artistic style of the time. The obverse features the effigy of King George V, designed by Sir Edgar Bertram Mackennal, portraying the monarch in a dignified manner that underscores the colonial ties of Canada to Britain during this era.
The "near 6" designation refers to a unique die variety in which the number "5" appears closer to the log than the number "6," leading collectors to identify it as an important variation within the series. This subtle yet significant detail makes the coin particularly sought after among collectors who appreciate both the artistry and the intricacies of minting. The 1926 five-cent piece was minted in nickel, a choice that was common for Canadian coins of this period, as the country sought to create durable currency that could withstand circulation.
Regarding minting, the Canada 5 Cents 1926 was produced in significant quantities, with a mintage of approximately 1,223,000 coins. However, its status as a near 6 variant makes it less common than the standard version, contributing to its allure in the marketplace. As a coin that was actively circulated, many examples exhibit wear and tear, but those in Extra Fine (XF) condition, like this one, show only minimal signs of usage, retaining much of their original detail and luster.
Collectors often seek out this coin for its combination of historical significance, unique design features, and its connection to the broader narrative of Canada’s development as a nation. The 1926 five-cent piece not only serves as a currency item but also as a reminder of the cultural and economic factors that have shaped Canada throughout its history. Owning a piece like this offers insights into the values and symbols that Canadians cherished during the early 20th century.
In terms of market value, the Canada 5 Cents 1926 "near 6" is considered a valuable addition to any collection, especially in XF condition. Its rarity and the specialized interest in die varieties can drive demand among numismatists, making it a desirable piece for both seasoned collectors and those new to the hobby. The historical context surrounding the coin, tied to the centennial celebrations, adds an extra layer of significance that enhances its appeal.
Ultimately, the Canada 5 Cents 1926 near 6 KM#29 XF is more than just a coin; it encapsulates a moment in time and serves as a testament to Canada's rich cultural and economic heritage. From its unique design featuring the beaver to its historical context as part of the nation's centennial celebrations, this coin stands out as a significant artifact in Canadian numismatics. Collectors are drawn to its craftsmanship, historical narrative, and the fascinating details that make each example a unique story waiting to be told.