Introduction: Within the realm of Canadian numismatics, there exists a legendary coin known as the 1911 Dollar, often hailed as the "Emperor" of Canadian coins. This iconic piece of history holds a remarkable story that spans over a century, characterized by rarity, intrigue, and the pursuit of ownership.
The Birth of a Legend: Authorized by the Canadian Currency Act of 1910, the 1911 Dollar was intended to be a 92.5% silver coin weighing 23.3 grams. Dies were crafted at the Royal Mint, resulting in the production of three trial specimens before the dies were sent to Canada. However, despite legislative approval, the Canadian government shelved the program due to political reasons, leading to the abandonment of the silver dollar until 1935.
Discovery and Ownership: For decades, only two silver trial strikes were known to exist until November 19, 1977, when a third, made of lead, was discovered. This lead example had remained tucked away in the Department of Finance in Ottawa for over 65 years, shrouded in mystery. The first silver example surfaced in 1960 when acquired by B.A. Seaby, a prominent London coin dealer, igniting a wave of speculation regarding its origins. Subsequently, the second silver example was found at the Royal Mint Museum in London, now on permanent loan to the National Currency Collection in Ottawa.
The Godless Coin: The 1911 Dollar is notable for its lack of the inscription "DEI GRATIA," making it the first Canadian coin without this phrase. This "Godless" coin was certified by PCGS in March 1990, graded SP-65 at that time, adding another layer of fascination to its story.
Journey Through Ownership: The 1911 Dollar has passed through the hands of various owners throughout its history. From Sir William Grey Ellison-MacCartney and B.A. Seaby, Ltd. to private collectors and numismatic enthusiasts across different continents, each custodian contributed to the coin's enduring legacy.
A Home in the Bank of Canada Museum: In its most recent journey, the 1911 Dollar found its way to the Bank of Canada Museum, where it continues to captivate visitors with its rarity and historical significance. Its presence in the museum represents the culmination of a remarkable journey that spans generations.
Conclusion: The 1911 Dollar, known as the Emperor of Canadian Numismatics, stands as a testament to the enduring allure of rare coins. Its journey from conception to present-day ownership is a saga filled with twists and turns, highlighting the passion and dedication of collectors and enthusiasts worldwide. As it rests in its current home at the Bank of Canada Museum, the 1911 Dollar continues to inspire awe and admiration, preserving a piece of Canadian history for generations to come.