The Canadian 1965 One Dollar coin, designed by Arnold Machin, featured Queen Elizabeth II on the obverse and the iconic voyageur design by Emanuel Hahn on the reverse. Struck in 80% silver, its composition reflected Canada’s transition away from precious metals in coinage. This shift was driven by rising silver prices and economic pressures. In 1965, Canada saw increased debate over national identity, leading to the adoption of a new flag in 1965. The dollar coin’s design, depicting a voyageur and Indigenous guide, symbolized Canada’s history but also reflected ongoing discussions about its colonial past.
Politically, the Canadian 1965 One Dollar circulated as Prime Minister Lester B. Pearson pushed for national unity amid growing Quebec separatism. His government introduced the Canada Pension Plan, shaping the nations economic future. The rising cost of silver forced Canada to phase out silver coinage, making the 1965 Dollar one of the last of its kind. Machin’s refined portrait of Queen Elizabeth II reinforced her role as Canada’s head of state during these changes. As the country modernized, the 1965 One Dollar marked a turning point in both coinage and national identity.