The Canadian 1898 Large Cent, featuring Queen Victoria’s portrait, circulated during a period of economic expansion and political stability. Wilfrid Laurier’s government encouraged immigration and western development, increasing the use of coins like the Canadian 1898 Large Cent in daily trade. The Klondike Gold Rush (1896–1899) continued driving economic growth, boosting commerce and reinforcing the need for stable currency. This cent, made of bronze, reflected Canada’s reliance on metal imports and the importance of small denominations in everyday transactions.
Socially, urbanization and industrialization changed how Canadians lived and worked, increasing reliance on coins like the Canadian 1898 Large Cent for wages and goods. The coin’s maple leaf wreath symbolized Canada’s growing national identity. As Queen Victoria’s reign neared its end, the Canadian 1898 Large Cent remained a key part of Canada’s evolving economy and society.