The 1938 Canadian One Dollar coin, designed by Emanuel Hahn, features a caribou on the reverse and the effigy of King George VI on the obverse. This coin was minted during the Great Depression, a time when Canada was still recovering from economic hardship. The 1938 One Dollar’s silver composition symbolized the country’s continued reliance on precious metals for financial stability.
In 1938, Canada was emerging from the economic struggles of the 1930s, and the 1938 Canadian One Dollar coin reflected the nation’s resilience. Hahn’s design, with the symbolic caribou, captured both Canada’s natural beauty and the political climate of King George VI’s reign, representing national recovery through strength and unity.