1 Dollar - George V Silver

Features

Issuer Canada
King George V (1910-1936)
Type Pattern
Year 1911
Value 1 Dollar
1 CAD = USD 0.80
Currency Canadian dollar (1858-date)
Composition Silver (.925)
Weight 23.3286 g
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Number N# 181847
Numista type number (https://numista.com)
References KM# Pn15
Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14th edition). Krause Publications, Stevens Point, Wisconsin, USA.
And 4 more volumes.

Obverse

Crowned George V in a robe facing left with the initials B.M. appearing on the truncation of the bust

Script: Latin

Lettering: GEORGIVS V DEI GRA REX ET IND: IMP

Translation: George V, King and Emperor of India by the Grace of God

Engraver: Edgar Bertram MacKennal

Sir Edgar Bertram Mackennal, KCVO, usually known as Bertram Mackennal, was an Australian sculptor, most famous for designing the coinage and stamps bearing the likeness of King George V. Signature: "BM".

Reverse

Centered crown at top with the iconic maple wreath surrounding the legend

Script: Latin

Lettering:
ONE
DOLLAR
CANADA
1911

Engraver: W.J. Blakemore

Edge

Reeded

Mint

Royal Canadian Mint, Ottawa, Canada (1908-date)

Comments

The 1911 Dollar is considered the greatest, and most storied rarity in all of Canadian numismatics.

If the 1921 Half Dollar is considered the "King of Canadian Coins," then it follows that the 1911 Dollar reigns as, "The Emperor of Canadian Numismatics." The story begins with the Canadian Currency Act of 1910, which authorized the striking of a Canadian Silver Dollar in .925 silver with a weight of 360 grains. To facilitate the minting process, a coinage press was obtained from England to specifically strike Dollar-sized coins, and the Royal Mint in London prepared dies to strike two Specimens in silver and one in lead--proposed patterns for a future design. Additionally, cases for the Specimen sets of the first Canadian coinage of George V were produced with a position specifically designated for a Dollar coin. Despite all this, and for reasons unknown, the Canadian government authorities decided against issuing business strike Silver Dollars at this time.

Interestingly, no other first-year George V coin has DEI GRA (for Dei Gratia, or By the Grace of God) in the legend. All other 1911 coinage is referred to as "Godless" because of the omission.

This 1911 silver Dollar is considered a pattern since it was a proposed coin with no business strikes ever having been produced. The two known Pattern Dollars, as well as the lead striking, were struck in London before the dies were sent to Canada. Major Sheldon S. Carroll, Chief Curator of the National Collection at the Bank of Canada stated, "When consideration was being given to issuing a Dollar coin in 1911, dies were prepared (in London) and trial strikes were made. Mint records do not tell us how many such strikes were produced." Until November 19, 1977, the only two known trial strikes were in silver. The lead striking was discovered shortly thereafter on November 20, 1977. It was sent to the Department of Finance in Ottawa for examination and it remained there in a brown paper parcel in the East Block of the Parliament Buildings for more than 65 years. No examples of the 1911 Dollar were known until 1960 when the noted London coin dealer B.A. Seaby obtained this coin from "an undisclosed source," but word quickly spread that the coin had been purchased from the family of Sir William Grey Ellison-Macartney who was the Mint Master at the time the coins were struck. Seaby later discovered the second silver example at the Royal Mint Museum in London-which is the coin on permanent loan to the National Currency Collection in Ottawa.

Two known pieces, one in the National Currency Collection, another in a private collection.

See also

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Date Mintage VG F VF XF AU UNC
1911  2

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Numista Rarity index: 100 Search tips
This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Bullion value: USD 16.78 Search tips
This value is given for information purpose only. It is based on a price of silver at 778 USD/kg. Numista does not buy or sell coins or metal.

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