The Canadian 1961 One Dollar coin, designed by Mary Gillick (obverse) and Emanuel Hahn (reverse), featured Queen Elizabeth II and the classic voyageur design. Struck in 80% silver, it reflected Canadas use of precious metals before rising silver prices led to change. In 1961, Canada experienced economic growth under Prime Minister John Diefenbaker, who promoted northern development through his "Northern Vision" policy. The voyageur imagery on the 1961 One Dollar aligned with this focus, symbolizing Canada’s vast natural resources and expanding northern industries.
Politically, the Canadian 1961 One Dollar circulated during tensions over U.S.-Canada trade relations and Diefenbaker’s struggles with monetary policy. His government resisted closer economic ties with the U.S., preferring British Commonwealth connections. Meanwhile, the increasing cost of silver foreshadowed the shift to base metals in Canadian coinage. The refined Gillick portrait of Queen Elizabeth II reinforced Canada’s British heritage, while Hahn’s design emphasized its fur trade legacy. As economic pressures mounted, the 1961 One Dollar represented both tradition and the beginning of change in Canadian currency.