Beaver Nickel Appraisal

1946 Canadian Beaver Nickel (5-Cent Coin)

This is a 1946 Canadian 5-cent coin, commonly known as a nickel, featuring the iconic beaver design on the reverse. The coin is circular but notably features a 12-sided (dodecagonal) shape, which was a design choice by the Royal Canadian Mint during this era. It is composed of 100% nickel, possessing a bright silvery-grey metallic appearance. The reverse side depicts a beaver sitting on a log, flanked by two maple leaves, with '5 CENTS' inscribed above and 'CANADA 1946' below. The obverse (not fully visible but implied by the date) would feature the portrait of King George VI. In terms of condition, the coin shows signs of circulation including moderate wear on the high points of the beaver's fur and the log's texture. There are visible surface scratches and minor contact marks consistent with age and use. The patina is somewhat dull, suggesting the coin has not been cleaned recently, which is preferable for numismatic value. This specific year is notable as it follows the WWII era when base metal compositions for coinage were often altered due to war shortages (such as the chrome-plated steel or tombac varieties), but by 1946, the mint had returned to using pure nickel. The craftsmanship reflects the classic mid-century style of the Royal Canadian Mint, characterized by clean lines and balanced typography.