The Canadian 1968 One Dollar coin, designed by Robert-Ralph Carmichael, featured a caribou on the reverse, symbolizing Canada’s natural heritage. Struck in 80% silver, the coin reflected Canada’s reliance on precious metals, even as the country faced economic changes. The 1960s saw significant growth and industrialization in Canada, alongside debates over the country’s monetary system.
The 1968 One Dollar also marked a political shift, with growing debates around Canadian identity and independence. The silver content emphasized the country’s economic ties to the global market, while the design symbolized national pride. The coin’s composition and artwork represented both economic and cultural milestones during this transformative period in Canadian history.