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Canada 2017 Legacy of the Penny Complete 5-Coin Collection - 7 Troy Ounce Pure Silver One Cent Proof Set with 24-Karat Rose Gold Plating in Solid Wood Presentation Case Box GX L10 L11

Price: $999.95 $529.95
(You save $470.00)
SKU:
08277
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Product Description

Get the COMPLETE 5-COIN COLLECTION of all five different Canadian penny legacy designs, struck in pure silver with selective rose gold plating and a proof finish! Even better - there are TWO DIFFERENT SIZES - 2 ounce and 1 ounce - that reflect the historic, former sizes of the Canadian large cent and small cent, respectively!

Sold out at the Mint!Five years ago, in 2012, Canada did away with the penny as a circulating denomination. Now, in an unprecedented opportunity, you can own all of the designs of the penny in one set! This stunning 5-coin set commemorates the 5th anniversary of the end of the penny’s production. Using multiple sizes and shapes of blanks (planchets), the Mint reflects the changing faces of Canada’s 1-cent piece from its first striking in 1908 to the denomination’s demise in 2012. Each beautifully rendered, legal tender penny highlights the design in 24-karat, selective pink gold plating on the both sides to mimic the copper patina of the originals.

Investment Opportunity!This unique set is comprised of two different sized silver proofs: two 2 troy ounce and three 1 troy ounce coins! These two coin sizes were specifically chosen to reflect the historic change in the penny's dimensions: from its first issue in 1980 through 1920, the Canadian penny was a "large cent", with a diameter of 25.4 mm. Later in 1920, the cent's size was reduced to 19.05 mm. Thus, the distinction between "large cent" and "small cent" has been preserved and reflected in the pure silver proofs of this historic set!

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N.B. - In 2012 the penny was removed from circulation in Canada, with no more being struck for circulation. However, it was never demonetized. Thus, these one cent coins are indeed Canadian legal tender!

Five Pure Silver Pennies in Two Different Sizes, with 24-Karat Rose Gold Plating
 Unique and Unprecedented in Canadian Numismatic History!


Legacy of the Penny 5-Coin Set in Wooden Case
 
Due to the large size and heavy weight of this set, all orders sent outside of the United States will have an additional charge: USD 30 for Canada, or USD 50 for the rest of the world. This charge per item will be added after checkout has been completed. We will contact you and re-invoice you by email if necessary after you have completed your order.

All 5 Historic Designs!
Own all of the historic designs of the Canadian penny in one set! This stunning 5-coin set commemorates the 5th anniversary of the end of the penny’s production. Using multiple sized and shaped blanks, the coins’ designs are based on the changing faces of Canada’s 1-cent piece, from its first striking in 1908 to the denomination’s end in 2012. Each beautifully rendered replica features selective pink gold plating on the obverse and reverse to mimic the copper color of the originals. The set even includes a 12-sided one troy ounce coin, a rarely used shape of planchet or blank, to replicate the design of the 1982 penny!

The year 2012 marked the end of production of Canada’s 1-cent piece for circulation. To celebrate the penny’s long history, the Royal Canadian Mint is offering a series of commemorative pennies, each struck in pure silver with a proof finish. Together, these trace the history of the denomination.

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1902-1910
Though the reverse and obverse design of this penny predates the Royal Mint’s presence in Canada, when the first coin was struck on Canadian soil in 1908, it was a penny just like this one. The reverse features the maple wreath design that had been present on Canadian 1-cent coins since the Victorian era, framing a central field featuring the words “ONE CENT” and the year of production. The obverse features the effigy of King Edward VII.

1911-1920
In 1911, George V became king and the obverse of the Canadian 1-Cent coin changed to feature the effigy of the new monarch. At the same time, a new reverse design featuring the word “CANADA” was introduced.

1920-1936
In 1920, the Royal Mint not only made the penny smaller but also introduced a new reverse design featuring two maple leaves and the words “ONE CENT” and “CANADA.” The obverse continued to feature the effigy of King George V, though complications in 1936 caused by the abdication of King George V ’s successor, Edward VIII, led the Mint to modify the 1936 dies in order to produce never-circulated George V “dot cents” in the event of a delay in production of 1937 coinage.

1967
To celebrate Canada’s centennial, Canadian artist Alex Colville created a special commemorative reverse design for the penny featuring a rock dove in flight.

1937-1982 and 1982-2012
The design featuring two maple leaves on a sprig was created by Canadian artist G.E. Kruger-Gray and first used in 1937. Originally composed of copper, 2012's one cent circulation coin is made of copper-plated steel. In 1982, the shape of the penny was modified from perfectly circular to a 12-sided design to assist the visually impaired. This shape was maintained until 1997, when the penny became round again until its final striking in 2012.

The Penny - A Brief History
The maple leaf gracing the one cent coin is emblematic of everything Canadian. The design featuring two maple leaves on a sprig was created by Canadian artist G.E. Kruger-Gray and first used in 1937. The maple tree has been a major contributor to the development of the forestry industry as well as a source of delicious syrup! In addition the maple leaf is the central feature of the national flag of Canada. The first one cent coin was struck by the Countess of Grey at the official opening of the Ottawa branch of the Royal Mint on January 2, 1908. Originally composed of copper, 2012's final issue one cent circulation coin was made of copper-plated steel.

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Technology Note - Gold Plating
The Royal Canadian Mint’s proprietary selective gold plating process is the most advanced in the world, resulting in unparalleled precision and beauty.

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Purity Note
The Royal Canadian Mint refines the purest silver in the world. Each one of these one troy ounce and two troy ounce coins is 99.99% pure!

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Obverses
Please see written descriptions above and chart (below).

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Reverses
Please see written descriptions above and chart (below).

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Packaging

Each coin is encapsulated and housed inside a handsome, solid wood presentation case, lined with black velvet and protected by a black outer box. An individually numbered certificate of authenticity is included.

Specifications

Country Canada
Year of Issue 2017
   
Face Value 5 Cents (5 x 1 Cent)
Weight 219.51 g (please see chart below)
Diameter Please see chart below
Mintage Limit      3,000
   
Finish Proof with 24-Karat Rose Gold Plating
Composition .9999 Fine (Pure) Silver
Edge Serrated (milled, reeded)
   
Certificate Individually Numbered
Artist Please see chart below

Legacy of the Penny 5-Coin Set Specifications


The Death of the Penny
Orange autumn maple leaves float away in water, just as the passage of time has doomed the Canadian Maple Leaf Penny One Cent Coin.Today’s rising costs of labor, metals, manufacturing, and distribution mean that each penny costs more than 1.6 cents to produce. The Royal Canadian Mint’s patented and cost-effective multi-ply plated steel technology allows it to keep production costs for all other Canadian circulation coins well under their face value; not so, however, for the one-cent piece.

In its Economic Action Plan 2012, the Government of Canada announced its decision to modernize Canada’s currency set by eliminating the penny from Canada’s coinage system. While the penny will remain legal tender (it is not being demonetized, merely discontinued), the Royal Canadian Mint will no longer distribute pennies as of Fall 2012. Canadians can still spend pennies, redeem them at financial institutions, donate them to charities, or recycle them.

Though the humble penny will one day soon disappear from piggy banks and cash registers everywhere, its unique role in the history of Canadian coinage remains timeless. And the penny itself, though perhaps no longer present in our pockets, will always hold a special place in our hearts.

Click here for all a great selection of Canadian numismatic pennies!

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