Dime (Canadian coin)

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Template:Short description Template:Use mdy dates Template:Use Canadian English Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for unknown parameters". In Canada, a dime is a coin worth ten cents. It has been the physically smallest Canadian coin since 1922; it is smaller even than the country's penny, despite its higher face value. According to the Royal Canadian Mint, the official national term of the coin is the 10-cent piece, but in practice, the term dime predominates in English-speaking Canada. It is nearly identical in size to the American dime. Unlike its American counterpart, the Canadian dime is magnetic due to a distinct metal composition. From 1968 to 2000, it was composed entirely of nickel, and since 2001, it has consisted of a steel core with plating composed of layers of nickel and copper.

The most prevalent version of the coin features a portrait of Elizabeth II on the obverse, although a new version featuring Charles III was introduced in 2023. The reverse contains a representation of the Bluenose, a famous Canadian schooner. According to the Royal Canadian Mint, "Artist Emanuel Hahn developed his design for the 10-cent coin from photos of the famous Bluenose schooner."[1] The coin is produced by the Royal Canadian Mint at its facility in Winnipeg.

The word dime comes from the French word dîme, meaning "tithe" or "tenth part", from the Latin decima [pars].

History

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Composition and size

Years Mass Diameter Composition[1]
1858–1919 2.33 g 18.034 mm 92.5% silver, 7.5% copper
1920–1967 2.33 g 18.034 mm 80% silver, 20% copper
1967–1968[2][3][4] 2.33 g 18.03 mm 50% silver, 50% copper
1968–2000 2.07 g 18.03 mm 99.9% nickel
2001–presentTemplate:Efn 1.75 g 18.03 mm 92.0% steel (AISI 1006 alloy[5]),
5.5% copper, 2.5% nickel plating

Circulation figures

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Elizabeth II

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Year Mintage
1953 No strap 17,706,395[6]
1953 Strap
1954 4,493,150[6]
1955 12,237,294[6]
1956 16,732,844[6]
1957 16,110,229[6]
1958 10,621,236[6]
1959 19,691,433[6]
1960 45,446,835[6]
1961 26,850,859[6]
1962 41,864,335[6]
1963 41,916,208[6]
1964 49,518,549[6]
1965 56,965,392[7]
1966 34,567,898[7]
1967 80% silverTemplate:Efn 62,998,215[8]
1967 50% silverTemplate:Efn
1968 50% silverTemplate:Efn 70,460,000[9]
1968 NickelTemplate:Efn 87,412,930[10]
1968 NickelTemplate:Efn 85,170,000[11]
1969Template:Efn 55,833,929[12]
1970 5,249,296[12]
1971 41,016,968[12]
1972 60,169,387[12]
1973 167,715,435[12]
1974 201,566,565[12]
1975 207,680,000[12]
1976 95,018,533[12]
1977 128,452,206[12]
1978 170,366,431[12]
1979 237,321,321[13]
1980 170,111,533[13]
1981 123,912,900[13]
1982 93,475,000[13]
1983 111,065,000[13]
1984 121,690,000[13]
1985 143,025,000[13]
1986 168,620,000[13]
1987 147,309,000[13]
1988 162,998,558[13]
1989 199,104,414[13]
1990 65,023,000[14]
1991 50,397,000[14]
1992 174,476,000[15]
1993 135,569,000[14]
1994 145,800,000[14]
1995 123,875,000[14]
1996 51,814,000[14]
1997 43,126,000[14]
1998 203,514,000[14]
1999Template:Efn 258,462,000[14]
2000Template:Efn 159,125,000[14]
2001 P Bluenose 266,000,000[16]
2001 P YOTVTemplate:Efn 224,714,000[17]
2002 P 252,563,000[18]
2003 P Crowned 162,398,000[16]
2003 P Uncrowned
2004 P 211,924,000[19]
2005 P 212,175,000[19]
2006 P 312,122,000[19]
2007 304,110,000[19]
2008 467,495,000[19]
2009 370,700,000[19]
2010 252,500,000[20]
2011 292,325,000[20]
2012 334,675,000[20]
2013 104,775,000[20]
2014 153,450,000[20]
2015 112,475,000[20]
2016 220,000,000[20]
2017 199,925,000[21]
2017 150th ANVTemplate:Efn 20,000,000[21]
2018 118,525,000[20]
2019 159,775,000[20]
2020 68,750,000[20]
2021 Bluenose (old) 170,775,000
2021 Dual datedTemplate:Efn
2022 103,400,000

Charles III

Year Mintage
2023 43,205,000[22]
2024 77,275,000[22]
2025 TBA

Commemoratives

Date Mintage Reason
1997
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49,848
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500th anniversary of Caboto's first transatlantic voyage
1998
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43,269
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90th anniversary of the Royal Canadian Mint
2000
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69,791
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100th anniversary of the first credit union in Canada
2001
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40,634
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International Year of the Volunteer (non-circulating silver proof)
2002
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65,315
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Elizabeth II (Golden Jubilee; non-circulating silver proof)
2003
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21,537
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Elizabeth II (Golden Jubilee)
2004
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39,486
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100th anniversary of the Open Golf Championship of Canada
2010
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4,996
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75th anniversary of Canada's Voyageur Silver Dollar
2011
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6,000
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100th anniversary of George V on Canadian coins
2017
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8,017
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150th anniversary of the Confederation of Canada (Centennial mackerel; 2017 version)
2017
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20,000
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150th anniversary of the Confederation of Canada (our home and native land)
2021
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6,000,000
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In 2021, a new Bluenose design was issued on the reverse; these dimes feature coloured blue waves.[23][24]
2021
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9,000,000
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Uncoloured version of the new Bluenose design[23][24]
2023
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952,000
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Elizabeth II (Platinum Jubilee)

Collecting

  • 1936 dot: Extremely rare with only 5 known. There are 3 in private collections, one graded Specimen-63 and 2 examples graded SP-68. The other 2 are in the Ottawa currency museum. The most recent of these to sell at auction was one of the SP68 coins, which brought US$184,000 in a Heritage Auction in January 2010.[25]
  • 1969 large date: Fewer than 20 examples of the large date variety exist. High-grade versions of this coin sell for $15,000 to $30,000. There is only one graded in mint state as of 2012.
  • 1999p: The first Canadian 10-cent coin issued with the new plating "P" process. Plated coins are marked with a small "P" beneath the Queen's effigy on the obverse of the coin. Mintage is limited to 20,000 coins.
  • 2000p: The 2000p Canada dime is scarce with fewer than 250 examples minted. The 2000p dime was lent to the vending industry by the Royal Canadian Mint to test the compatibility of the new plating process of circulation coins with existing vending machines and parking meters. Under contractual obligation, these coins were to be returned to the mint once the compatibility tests were complete. Of the approximately 250 coins minted, many were not returned to the mint, leading to significant debate surrounding the legality of owning these coins. High-grade examples of the 2000p 10-cent issue range from $1,500 to $3,000 CDN. Unlike the 5-cent 2000p issues, the 10-cent coin was not officially released by the mint, and entered the numismatic market illegally.

Notes

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References

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External links

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