The Canadian five-cent coin, commonly called a nickel, is a coin worth five cents or one-twentieth of a Canadian dollar. It was patterned on the corresponding coin in the neighbouring United States. It became the smallest-valued coin in the currency upon the discontinuation of the penny in 2013.

History

Types and specifications

Circulation figures

Victoria & Edward VII

George V & George VI

Elizabeth II

Charles III

Commemoratives

Collecting

Five-cent coins dated 1921 are among the rarest and most collectible Canadian circulation coins, known as "the Prince of Canadian Coins." Estimates of the number of specimens known range between 400 and 480. In May 1921, the government of Canada passed an act authorizing the change to the larger nickel coin, and subsequently the majority of the 1921 mint run was melted down. The coin believed to be the finest-known specimen (PCGS MS-67) sold for US$115,000 at auction in January 2010. It was then sold by the Canadian Numismatic Company for $160,000 to a private collector in early 2012.