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The Canada 5 Cents 1949 KM#42 BU coin is a remarkable piece of Canadian numismatic history, reflecting both the artistic craftsmanship of its design and the economic context of its era. Minted during the post-World War II period, this coin symbolizes Canada's recovery and prosperity following the challenges of the war.
Designed by Thomas Shingles, the obverse of the coin features a right-facing portrait of King George VI, adorned with a crown. Surrounding the king's effigy is the inscription "GEORGIVS VI D:G:REX ET IND:IMP:," denoting his royal titles as King of Great Britain and Emperor of India.
The reverse of the coin showcases a beaver, Canada's national animal, sitting on a log and gnawing on a branch. This iconic Canadian symbol is surrounded by the denomination "5 CENTS" and encircled by a wreath of maple leaves, representing Canada's natural beauty and heritage.
Produced at the Royal Canadian Mint in Ottawa, Ontario, the Canada 5 Cents 1949 KM#42 BU coin is a product of Canada's esteemed minting facility. Established in 1908, the Royal Canadian Mint has been responsible for minting Canada's circulating coinage, ensuring the integrity and stability of the nation's monetary system.
The exact mintage figures for the Canada 5 Cents 1949 KM#42 BU coin are not readily available, but production levels were likely influenced by the post-war economic boom and the increasing demand for coinage as the Canadian economy recovered.
In terms of condition, the Canada 5 Cents 1949 KM#42 BU coin is classified as brilliant uncirculated (BU), indicating that it has never been circulated and retains its original mint luster. The coin exhibits sharp details and pristine surfaces, free from any signs of wear, handling, or contact marks.
Historically, coins like the Canada 5 Cents 1949 KM#42 BU would have been distributed in rolls or bags by banks and financial institutions for use in everyday transactions. Alternatively, individual coins may have been preserved in private collections over the years, ensuring their pristine condition.
For collectors, the Canada 5 Cents 1949 KM#42 BU coin holds both historical and numismatic significance. Its association with the post-war period, coupled with its brilliant uncirculated condition and distinctive design, makes it a sought-after addition to any collection. As a tangible artifact of Canada's history and heritage, this coin serves as a testament to the resilience and prosperity of the Canadian nation.