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The Nome Nugget
Nome, Nome County, Alaska
What is this article about?
Canada's 12-sided nickel, used since 1943 to conserve wartime metal, will be replaced by round five-cent coins starting Jan. 2, due to vending machine issues and lower production costs, as announced in the Canada Gazette.
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OTTAWA (A) - Canada's 12-sided nickel is on the way out.
A proclamation in the Canada Gazette announced Saturday that the Royal Canadian Mint will return to production of the rounded five-cent nickel coin, effective Jan. 2.
The Canadian nickel has had 12 sides since 1943, when the government changed the composition of the coin to conserve nickel, a strategic wartime metal.
N. A. Parker, master of the mint, said the change is being made for two reasons—complaints that the 12-sided coin sticks in vending machines, and "it's cheaper to make the round version."
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Foreign News Details
Primary Location
Ottawa
Event Date
Announced Saturday, Effective Jan. 2
Key Persons
Outcome
return to production of rounded five-cent nickel coin
Event Details
A proclamation in the Canada Gazette announced that the Royal Canadian Mint will return to production of the rounded five-cent nickel coin, effective Jan. 2. The 12-sided design has been used since 1943 to conserve nickel during wartime. The change is due to complaints about the coin sticking in vending machines and lower cost of the round version.