1976 Montreal Olympic Games Collector 10 Dollar Silver Coin 1974 Canada A72-JM

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1976 Montreal Olympic Games Collector 10 Dollar Silver Coin 1974 Canada A72-JM:
$22.63

1976 Montreal Olympic Games Collector 10 Dollar Silver Coin 1974 Canada A72-JMSummer Olympic coinsFrom Wikipedia, the free encyclopedia

Although the firstOlympic coincan be traced back to 480 BC, the modernOlympicsdid not see its firstcommemorativesuntil 1951. The original concept of Olympiccoinswas that theGreeksbelieved that coins brought thegeneral publiccloser to the Olympic games.[1]The premise was that those who could not attend the games could at least have a tangible souvenir of the event.[1]

In 1951, the government ofFinlandauthorized the striking of the first modern Olympic coin, a 500Markkaa. At first, the coins circulated ascurrencyin the issuing country and the mintages were high. In borrowing from the traditions of ancient Greece, the coins were a memento of the 1951 Games, and a coin thatnumismatistscould now add to their collection. With the exception of Canada’s Lucky Loonie program and its 2007 25-cent pieces to commemorate the 2010 Vancouver Olympic Games, it is rare that Olympic coins are minted for circulation. Traditionally, Olympic coins are numismatic coins.[1]

Queen Elizabeth II coinage[edit]

Several series of coins have been issued under the reign ofElizabeth II, including the current series. The first was the 1953–1964 coins. The updated Obverse (mature portrait) of the Queen was added to all coins in 1965. For 1959, the 50¢ piece Reverse was redesigned, updating the Canada Crest. In 1968, the 10¢ and higher denominations weredebased, their silver alloy being replaced by nickel. The dime of 1969 has two varieties, a large 9 (rare) and small 9 (common). In 1973, an RCMP quarter came out; it also has two varieties: a large bust (rare) and small bust (common).

In 1987, thelooniewas introduced, replacing the voyageur dollar with a new design, new colour, and smaller size. This coin also replaced the $1 bill, which was subsequently withdrawn from circulation by theBank of Canada. In February 1996, the $2 coin, ortoonie, was released; it currently has three varieties. (Early examples had problems with the centres being punched out in circulation.) The toonie replaced the $2 bill. To date there have been four different obverse portraits of the Queen used on Canadian coinage, with new portraits introduced in 1953, 1965, 1990 and 2003. Prior to 1990, the Queen\'s portraits (1953 by Mary Gillick and 1965 by Arnold Machin) were designed by the British Royal Mint, and were similar to those used on British, Australian and New Zealander coinage. The 1990 and 2003 portraits are designed by Canadian artists, 1990 effigy by Dora dePedery-Hunt and 2003 effigy by Susanna Blunt, and are unique to Canadian coinage.

In 2000 all coins below $1 were changed tosteelwith copper or nickel plating; in 2012 this was extended to the $1 and $2 coins as well. The50¢ pieceis regularly minted, but not in large quantities; it is very rare to come across this coin in circulation, although an unsuccessful attempt was made by the Mint to promote the use of the coin when a special edition was released in 2002 marking the 50th anniversary ofElizabeth IIascending the throne.