The quarter is a Canadian coin, valued at 25 cents or one-fourth of a Canadian dollar. It is a small, circular coin of silver colour. According to the Royal Canadian Mint, the official name for the coin is the 25-cent piece, but in practice the term quarter is nearly universal.
In Canadian French, the quarter is commonly called a trente sous (a "thirty cents"). This is because the sou originally referred to a monetary unit used in France (and also New France), whereas today in Canadian French it means a Canadian cent, and somewhere in history 120 sous of New France came to be worth the equivalent of what eventually became the Canadian dollar. The exact exchange-rate mechanism by which this came to be is the subject of various occasionally contradictory theories.[1][2] In Quebec, the term cents (pronounced SEN) is sometimes used in place of sous.
The reverse featured a colourized red poppy, the first coloured general circulation coin in the world. In early 2007, Some U.S. Army contractors travelling in Canada were suspicious of the unusual quarter, which led to the U.S. Defense Department releasing a warning about Canadian coins with radio frequency transmitters. [5]
The second colourized coin in general issue. The composition of the coloration was reworked from that of the poppy issue two years earlier; it is far more scratch-resistant on these coins.
In April of 1998, the Mint announced the Millennium Coin Design Contest, a contest open to all Canadians to submit designs for twenty-four millennium quarters, one for each month of 1999 and 2000. The 1999 designs were meant to look back on Canada's past, while the 2000 designs looked to the future. While the 1999 coins were labeled with their month of issue, the 2000 coins were labeled with the relevant theme (see below).
In 2005, to celebrate the centennials of the provinces of Alberta and Saskatchewan, two commemorative quarters were issued. The public was given the opportunity to vote on the coin design through two toll-free phone numbers.
There were four candidate designs for the Alberta quarter: Big Sky Country, Alberta’s Natural Beauty, A Dynamic Century, and Rocky Mountain Bighorn Sheep. The winning design was Big Sky Country, by Michelle Grant, and depicted an oil derrick with cattle grazing at its base.[8] The coin had a mintage of 20,640,000.[9]
There were three candidate designs for the Saskatchewan quarter: The Western Meadowlark, Canada Geese over Wascana Lake, and The Round Dance Celebration. The winning design was Western Meadowlark, designed by Paulette Sapergia.[10] The coin's mintage was 19,290,000.
2010 Vancouver Olympics
The Olympic coins have the inscription D.G. Regina (Latin for By the Grace of God, Queen) removed from the Queen's effigy, making the coins the first "godless circulating coins" since the 2001 International Year of the Volunteer 10 cent piece. On the 1911 issue of King George V, the inscription was accidentally left off.[11]
Since 2000, the RCM has been issuing colourized quarters on Canada Day with designs aimed to attract young collectors. As with other collector coins issued by the RCM, the Canada Day series coins are non-circulating legal tender.
The 1906 Small Crown is valued in the thousands of dollars for even very poor conditions.
1936 marked two valuable variations, the Bar and the Dot, both trend for over $1000 in uncirculated condition.
The 1947 Dot is highly desired.
The 1951 Low Relief was predominantly only made available in proof-like sets and have a mintage of around 500.
The 1973 Large Bust is arguably the most desired Canadian Quarter. They sell for around $300 in Proof Like or Specimen condition, and can sell in the thousands for high end circulation strikes.
The 1992 New Brunswick quarter has several rotated die versions, with the 180 degree rotation selling for between $100 and $200 in uncirculated condition.
1999 featured mule versions of the September and November quarters. These coins do not have the 25 CENT mark on them, making them, ironically, legal tender without a face value. Both tend to sell for over $100 depending on the exact condition of the coin.
The 2000 Map Mule is rather rare and generally sells between $300 and $600.
The 2000P quarter is a very rare find and trends for around $5000 in uncirculated condition.
The first commemorative coins were planned for 1927 to celebrate Canada's 60th anniversary. A contest was held and the winner for the twenty-five cent coin was J.A.H. MacDonald; however, the Mint decided to not turn the design into coinage.[12]
When coinage was changed in 1937, the carribou was originally planned for the five cent coin, the beaver was planned for the ten cent coin, and the Bluenose was planned for the twenty-five cent coin.[13]
The lowest mintage of any circulated quarter post-World War II was in 1991; low mintage was attributed to a work stoppage and using up stock in preparation for the release of the commemorative quarters the following year. The total mintage was a mere 459,000 including collector sets and proofs.[14]
Canadian quarters were not issued into circulation in 1997 and 1998. In 1997, only 525,257 quarters were produced. In 1998, only 395,617 quarters were produced; even less than in 1991. All of them were issued in collector sets or proofs and none were issued into circulation.