Talisman Coins Logo
Shopping Cart
View Cart
Checkout
# of Item(s): 0
Total: $0.00

Canada 2012 $20 Commemorative #05 - Farewell to the Penny - Maple Leaves Fallen to a Watery Grave - Elimination of the One Cent Denomination 1¢ Coin Pure Silver Specimen Finish

Canada 2012 $20 Commemorative #05 - Farewell to the Penny - Maple Leaves Fallen to a Watery Grave - Elimination of the One Cent Denomination 1¢ Coin Pure Silver Specimen Finish

Manufacturer: Canada
SKU: 04078
Price: $49.95 $27.95
List Price: $59.95 - Savings: $32.00
(5-9 $26.95) (10+ $25.95) This item is available to order

Quantity:


Exciting and extremely affordable - a true bargain, struck in the purest silver in the world! Canada eliminates the one cent coin from circulation as we bid a fond farewell to this much-collected denomination, the penny!

Sold out at the Mint! It's like losing a friend, someone who's been there all your life - the penny is no more. Canada has made the momentous decision to eliminate the one cent denomination, and we are sad. One of the three most collected of Canadian coins (along with the dollar and silver maple leaf), the penny has been a cornerstone of Canadian (and North American) commerce since the earliest colonial times. Now, the bureaucrats and bean counters in their offices say it costs too much to manufacture - more to fabricate, in fact, that its face value. And so, the penny must go. But not before one final flourish. The Royal Canadian Mint celebrates the much-loved penny's exit from the financial stage with a spate of releases at once exotic, bizarre and intriguing. To wit:

    Mint Wrap Roll of 50 1¢ Pennies - With Serialized Holographic Label!
    "Maple Leaves Fallen To A Watery Grave" 1/4 Ounce Pure Silver $20
    Rose-Gold Plated 1/2 Ounce Pure Silver 1¢ Penny Proof
    1/25 Ounce Pure Gold 1¢ Penny Proof
    Complete 5-Coin Collection - Remembrance of Designs Past Pure Silver 1¢ Penny Proof Set
    Five Ounce Pure Silver Penny Reverse Proof

And so we bid a fond farewell to the penny with what (we believe) future numismatists will view as numismatic delicacies of the first rank! Each bears the maple leaves that are the hallmark of the penny (as well as the national symbol of Canada), marking the final time they will ever grace one cent coins. But oh, what coins these are!

Click here for all coins in the Farewell to the Penny program!


Click here for all Canadian $20 Silver Commemorative coins in this series!

2005 First Day of Minting Obverse & ReverseThe 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 one cent circulation coin is made of copper-plated steel.

Click here for more fascinating pennies!

Orange autumn maple leaves float away in water, just as the passage of time has doomed the Canadian Maple Leaf Penny One Cent Coin.
The Death of the Penny
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 coins highlighting history!

Canada $20 Silver Commemorative Program
Far and away the most popular series in recent memory, the highly collectible Canadian $20 Silver Commemorative Program offers coin collectors of all means the opportunity to acquire significant, striking designs, all minted in the purest silver on the planet! All have sold out at the Mint quickly - don't delay - get yours today! The coins in this program include:

    1)  2011 Maple Leaf $20 Silver Commemorative
    2)  2011 Native American Canoeist $20 Silver Commemorative
    3)  2012 Polar Bear Swimming $20 Silver Commemorative
    4)  2012 Queen Elizabeth II Diamond Jubilee
    5)  2012 Farewell to the Penny $20 Silver Commemorative
    6)  2012 Rudolph The Red-Nosed Reindeer
    7)  2013 Year of the Snake $20 Silver Commemorative
    8)  2013 Hockey Player $20 Silver Commemorative
    9)  2013 Wolf $20 Silver Commemorative
  10)  2013 Iceberg & Humpback Whales $20 Silver Commemorative
  11)  2013 Santa Claus $20 Silver Commemorative
  12)  2014 Canadian Goose $20 Silver Commemorative
  13)  2014 Bobcat $20 Silver Commemorative
  14)  2014 Summertime Fun $20 Silver Commemorative

Click here for all Canadian $20 Silver Commemorative coins in this series!

A Most Affordable, Pure Silver Tribute

What's all the fuss about, er, I mean, how do we love thee? Let us count the ways...

Canada 2012 $20 Penny Commemorative in full color packageThe Mint has imposed a limit of 3 per collector (go ahead, ask yourself why)! But we have no limit at the present.
• High face value.
• Limited mintage - only 1 in 135 Canadians can ever own one! (And what does that leave for the rest of the world?!?!)
• Significant precious metal content.
• Minted in the purest silver available in the world - only the Royal Canadian Mint strikes four 9s fine silver coins!
• The first four $20 Silver Commemorative releases sold out in mere days!
• Handsome specimen finish - unique to the RCM!
• Simple yet evocative artistry, an original work of art designed and engraved by practicing artist Jesse Koreck!
• Historic design ushers out the one cent denomination - and this is the least expensive coin in the Farewell to the Penny program! 

Click here for all coins in the Farewell to the Penny program!


No-Exposure Proposal
Precious silver, a limited mintage, and a $20 denomination - here's a no-risk proposition if there ever was one! With economists becoming more and more anxious about the rising debt levels of Western nations, the timing couldn't be better. (Think about the incredibly huge federal budget deficit, all the states' financial problems, and the recent defaults in Europe.) The worry of fiat (paper) money ending up worthless also contributes to the ongoing rise in popularity of precious metals. Well, here's some relief - a precious metals coin with a high face value, too!

Consider just this one simple fact - we're selling this unique $20 Silver Commemorative coin at a price that's less than its on-the-table, in-your-hand value - the $20 denomination plus the $9.00 spot value of the silver (at current (as of this writing) $36 per ounce silver) is essentially its price in the Special Quantity Discount 10-Pack!

It Simply Adds Up
Do the math:   High Face Value + Significant Precious Metal Content + Numismatic Theme + Mintage Limit = No-Risk Winner

Click here for a great selection of SMLs (Silver Maple Leafs)!

Technology Note

The Royal Canadian Mint refines the purest silver in the world. This one-quarter ounce silver coin is 99.99% pure!

Click here for more great pure silver coins!

The Specimen Finish
Canada 2012 $20 Silver Penny Package This coin features the uniquely-Canadian "specimen" finish, a three-fold combination of different finishes. The design (raised area or relief) includes both brilliant and mirrored surfaces, while the fields (background) are subtly striated, resulting in a contrasting, matte appearance. No other mint in the world employs the specimen finish.

Click here for more coins and sets featuring the unique, Canadian specimen finish!

Obverse
The iconic maple leaf twig design created by G.E. Kruger-Gray that has appeared on all one-cent coins since 1937 (with the exception of a special Centennial one-cent coin released in 1967) takes center stage, but with the added twist of a watery setting. The legend FINE SILVER 9999 guarantees the purity. The date and denomination are also indicated.

Reverse

Her Majesty, Queen Elizabeth II of England, in profile facing right. This portrait, the fourth effigy of the queen to appear on Canadian coinage, was executed by the artist Susanna Blunt. The date, denomination and the legend ELIZABETH II D. G. REGINA (“Elizabeth II, Queen by the Grace of God”) also appear.


Packaging
The coin comes encapsulated inside vinyl pouch, inside a full color folding booklet. A certificate of authenticity is integrated.

Specifications
Country Canada
Year of Issue   2012
   
Face Value 20 Dollars
Weight 7.96 g
Diameter 27 mm
Mintage Limit 250,000


Finish Specimen
Composition .9999 Fine (Pure) Silver
Edge Reeded (milled, serrated)
   
Artist Jesse Koreck
Certificate Included


You may be interested in these items 
Canada 2005 1 Cent Maple Leaf Penny First Day of Minting Cover
Canada 2005 1 Cent Maple Leaf Penny First Day of Minting Cover
Price: $19.95
Canada 2011 $20 Commemorative #01 - Maple Leaf Pure Silver SML Specimen Finish
Canada 2011 $20 Commemorative #01 - Maple Leaf Pure Silver SML Specimen Finish
Price: $49.95
Canada 2011 $20 Commemorative #02 - Native American Canoeist Pure Silver Specimen Finish
Canada 2011 $20 Commemorative #02 - Native American Canoeist Pure Silver Specimen Finish
Price: $49.95 $34.95
Canada 2012 $20 Commemorative #03 - Polar Bear Swimming Endangered Species Pure Silver Specimen Finish
Canada 2012 $20 Commemorative #03 - Polar Bear Swimming Endangered Species Pure Silver Specimen Finish
Price: $49.95 $29.95
Canada 2012 $20 Commemorative #04 - Queen Elizabeth II Diamond Jubilee 60th Anniversary  Pure Silver Specimen Finish
Canada 2012 $20 Commemorative #04 - Queen Elizabeth II Diamond Jubilee 60th Anniversary Pure Silver Specimen Finish
Price: $49.95 $34.95
Canada 2012 $20 Commemorative #06 - Rudolph the Red-Nosed Reindeer Holiday Pure Silver Specimen Finish
Canada 2012 $20 Commemorative #06 - Rudolph the Red-Nosed Reindeer Holiday Pure Silver Specimen Finish
Price: $49.95 $26.95
Canada 2012 Farewell to the Penny - Elimination of the One Cent Denomination Coin 1¢ 1/25 Ounce .9999 Pure Gold Proof
Canada 2012 Farewell to the Penny - Elimination of the One Cent Denomination Coin 1¢ 1/25 Ounce .9999 Pure Gold Proof
Price: $249.95 $229.95
Canada 2012 Farewell to the Penny - Elimination of the One Cent Denomination Coin 1¢ 5 Ounce Pure Silver Proof GX
Canada 2012 Farewell to the Penny - Elimination of the One Cent Denomination Coin 1¢ 5 Ounce Pure Silver Proof GX
Price: $749.95 $699.95

Return to Catalog