Canada, George V, Silver & Nickel 5 Cents

Both the small silver 5 cents and the large nickel 5 cent coins.
Availability: In stock
SKU: FCA8198
£10.95

In Canada, in the reign of King George V, the 5 Cent coin was struck in 925 fine Silver, Sterling Silver. They started striking this coin in Silver in 1858 under Queen Victoria. The Canadians were quite proud of the coin and gave it the nickname of ‘a fish scale’, it is small and shiny just like a fish scale.
But, in 1922, something happened and it was called inflation and the world started to go, shall we say, into economic problems. They decided to make the coin in nickel which they had a whole lot of and save the silver for elsewhere. So they issued a large chunky Five Cents in nickel.
For the first time we are offering the pair of King George V Five Cent Pieces, one in silver and one in nickel. Both coins are in very good condition.

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Governments worldwide are issuing more and more paper money; they call it QE or Quantitative Easing. We call it making our money worth less and less and if you really need an example, how about Germany in the early 1920s? At that time money became of so little value that someone saw a basket of banknotes, they left the notes and stole the basket! In Canada, during the reign of King George V, we have an excellent example of what inflation can do. We have the Canadian Large Cent of King George V, issued 1911-1920. Then in 1920 they reduced the size greatly and kept this smaller size until 1936. We offer the Large and Small-sized 'Penny' or One Cent coins of King George V, so you can show your friends what inflation can do to coins. Let’s hope it doesn’t happen here… Large size cent issued from 1911-1920 and the small cent issued from 1920-1936
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