Description
When Newfoundland joined Canadian confederation in 1949 the event was celebrated with the release of Canada’s third ever commemorative dollar coin. 70 years later, this classic design has been re-created by the Royal Canadian Mint in a large five ounce fine silver format with a low mintage of just 1,000 coins. HST/GST exempt.
The Design:
The main design features The Matthew, the ship historians believe John Cabot was sailing when he discovered Newfoundland more than 520 years ago in 1497. Below the ship reads the Latin inscription "FLOREAT TERRA NOVA", which means "May the New Found Land Flourish."
Except for the double-date 1949-2019, the reverse is a reproduction of Thomas Shingles’ original design for the commemorative silver dollar issued in 1949. The image of the three-masted whip under full sail was originally based on a model and taken from a photograph provided by Ernest Maunder of St. John’s, Newfoundland. The obverse features the effigy of King George VI by T. H. P
