Coins: Canada
A coin, in the most basic sense of the word, is a form of metal currency, usually issued by a government. An alternate definition of the term is something that is used in place of money. For example, shells used in a system of buying or trading could be referred to as a type of coinage. But this definition is rarely used, to my knowledge, and is mostly outdated in the modern understanding of the word.
- Why does Canada use coins?
It is my understanding that the Canadian government determined that using coins instead of the $1 and $2 notes was more cost-effective. Coins last 20 years in circulation (or more) and the old cotton-linen notes lasted about 2–3 years before they had to be ‘retired’.Our new-ish plastic notes for the $5, $10, $20, $50, and $100 seem to be here to stay, but for how long, I don’t know. The use of credit and debit cards is rapidly becoming the norm, and I suspect cash will disappear in not too many years (i.e. 10–20). I rarely use cash — coins or notes — and have had the same two $20 bills in my wallet for ages. Even parking meters take credit/debit cards now.
- Why is a picture of Queen Elizabeth in Canada a coin?
Queen Elizabeth II, is the head of state of Canada and she is the Queen of Canada. She is on all Commonwealth Realm currency (Even on non-Commonwealth Realm countries), In New Zealand, and Her Majesty can be seen everywhere here (In school, on all coins, on our note(s), etc.). All our paths are under Her Majesty’s name, with our Oath of Allegiance being, “I, [name], swear that I will be faithful “ If this is the Oath of Citizenship, joining the armed forces, etc. you will mention whatever it is after swearing your allegiance.- Nearly all government symbols display the crown in some form, with our main government symbol being the crown. And many, many more. Her Majesty is a major part in many Commonwealth Realms, even in non-Commonwealth Realms, with Fiji giving her the title of Queen of Fiji, a title that was given to her by their elders, this was also the reason for massive outrage in Fiji, and elsewhere, when the Reserve Bank of Fiji (The PM of Fiji condoned this, and was also outraged) decided to remove the image of Her Majesty from their currency in 2012 (Which at that time, HM was on all Fijian Currency). Due to all of this, although Fiji is a republic, Her Majesty is still seen as their Queen, as will always have their support.
- Why are Canadian coins similar to US coins?
I think that you hit the nail on the head when you mentioned vending machines. Similar coins allow Canadian companies to use American manufactured equipment. The Coin Minting machines are custom manufactured so the type of coins does not matter as much as the material that they are made from. The Canadian Mint simply changes the dies. This happens all the time as the Mint makes coins for a lot of other countries besides Canada
Shop for the rarest coins on TrueGether, the best alternative to Shopify, and get amazing offers!
