- August 4
- In Vancouver, British Columbia, the Canadian Numismatic Association holds its annual convention. [631.23]
- August
- At the Canadian Numismatic Association convention, the Mint Master Coin Shop debuts the "Beaver" one troy ounce 0.9999 fine gold piece, struck by Johnson Matthey Mint, for Inter-Gold Canada Corp. Ltd. Price is $250 for Proof specimens. (The Royal Canadian Mint was approached to produce this piece, and will later produce its own gold bullion coin.) [591.45]
- At the Canadian Numismatic Association convention, Gene Henry displays the 1911 $1 silver pattern piece, with a price tag of $250,000. [602.1]
- Highlights of the Canadian Numismatic Association conference auction:
- 50 cents 1921 choice uncirculated: $18,000;
- 50 cents 1921 specimen: $16,000;
- 5 cents 1921 uncirculated: $3300;
- $5 and $10 uniface patterns: $8200;
- 1947ML specimen set with curved '7' 50 cents: $5000.
[207.2] [590.1] [593.8]
- (month unknown)
- The Toronto Transit Commission urges the federal government to begin widespread distribution of $1 coins to make the coin more readily available for transit riders buying tickets from machines. [593.6]
- August 17
- Yvon Gariepy, Master of the Royal Canadian Mint, announces that the 1c coin will be replaced with a new 16mm diameter bronze 1c coin. The 1.8-gram coin is to be issued beginning in January 1978. [136.12] [172.245] [178.2] [387.394,486] [401.29] [593.1] [594.1] [597.24] [603.1]
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- August 23
- At the American Numismatic Association convention in Atlanta, Georgia, Frank MacDonald, acting director of the US Mint comments that mint officials were surprised by Yvon Gariepy's announcement of a smaller cent to be issued in January. [595.1,76] [597.24]
- (month unknown)
- The Senate refuses to pass the Numismatic Hobby Protection bill. They argue that it should be redrafted in a manner more in keeping with the present Criminal Code. The bill is sent back to the House of Commons, where it must be re-introduced. [594.1] [596.1]
- Yvon Gariepy announces that a study is underway to examine possible changes to the 5c coin, now costing 6c to manufacture. [594.1]
- September 23
- Highlights of the Charles D. Moore Auctions auction at the Toronto Coin Club Fall Coin Rally in Toronto:
- 5 cents 1921 good/very good: $5000;
- 25 cents 1894 proof-like (finest known): $2500;
- 1947 ML set with curved 7 50 cents: $6200.
[595.46] [598.32]
- (month unknown)
- A 1967 $1 pattern with flat fields sells at a private sale for $10,000. [599.10]
- Broods Company of New York publishes the 200 page book Silver & Nickel Dollars of Canada, by Stephan Dushnick. Price is $9.50. [599.14]
- The Royal Canadian Mint begins striking 1977-dated 50c and $1 coins. No coins had been required earlier in the year due to an excess of 1976 and 1975 coins ordered by the Bank of Canada. [605]
- November
- Highlights of the Fall Torex auction: $1 1939 specimen: $1000. [597.27]
- November 20
- A 1911 dollar coin trial piece struck in lead is discovered in a vault in the East Block of the Parliament Buildings, in Ottawa. The piece is added to the Bank of Canada's National Currency Collection. [2] [29.26] [37.21] [208.52] [600.1] [1119.186] [1150.68] (December [152.19]) (discovered in finance department desk [1216.14])
- December 15
- The Royal Canadian Mint produces a 16 mm diameter one-cent test token. It is soon discovered to be interchangeable with a higher valued Toronto Transit Commission token. [661.212] [1146.24] (1978 [661.63])
- December 23
- Yvon Gariepy, Master of the Royal Canadian Mint, announces that the proposed smaller 1c coin will not be released in 1978. [388.50] [603.1] (December 3 [136.12])
1978
- January 25
- Representatives of the Royal Canadian Mint, the Canadian Association of Numismatic Dealers, and the Canadian Numismatic Association meet to discuss a system of delivering Mint products to dealers on a monthly basis based on dealer projections for the year. [388.96]
- (month unknown)
- The Royal Canadian Mint modifies the dies for the 50c coin, changing two round jewels in the reverse crown band to rectangular shape. [451.11]
- An 1871 10c coin in choice Proof condition, one of two known, sells for $14,000 to $17,500 to a prominent Canadian numismatist. [605.4]
- Jeremy Day of New World Coin & Stamp store in North Vancouver buys a 1969 large date 10c coin in VF condition for $700. [694.18]
- May 1
- Bill C-51 is introduced into the House of Commons. The bill seeks to amend the Criminal Code to deal with "False Coins of Numismatic Interest". [388.253] [698.12]
- (month unknown)
- The Bank of Canada acquires the Royal Canadian Mint's coin and paper money collection on indefinite loan, for display in a Currency Museum. [32.8]
- Master tools are created for a 16mm diameter cent. [172.245]
- The Royal Canadian Mint discusses a new circulating dollar coin with interested parties, via meetings of the Currency Advisory Committee. [173.3]
- July
- Some auction highlights from the Canadian Numismatic Association:
- 25 cents 1871 Proof: $2350;
- 25 cents 1875H Proof: $4750;
- 50 cents 1921 G-VG: $4800.
[612.9]
- Charlton International Publishing releases the 1979 Charlton's Standard Catalogue of Canadian Coins, 27th edition. Price is $2.75. [611.v,7]
- November 9
- The Greater Toronto Coin and Stamp Show (Torex) is held. Over 3000 attend. [613.6] [20.1]
- (month unknown)
- Gary Lazeo or Jeremy Day buys a second 1969 large date 10c coin for about $3000. [694.18]
- In Boston, Massachussettes, USA, the Bay State Coin & Stamp Show holds an auction of the A.J. Amato II Collection. Some highlights:
- 50 cents 1921 choice uncirculated: US$35,000;
- 5 cents 1921 uncirculated: US$6,500;
- 25 cents 1889 brilliant uncirculated: US$1,600;
- 50 cents 1904 cleaned uncirculated: US$4,000.
[20.10]
- Year
- The Royal Canadian Mint struck 769,931,828 Canadian coins for circulation during 1978, and 3,479,472 numismatic coins. [616.26]
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