The Canadian 1917 Five Cent coin, made of 92.5% silver, was minted during World War I when Canadas war effort was intensifying. Featuring King George V on the obverse, it symbolized Canada’s continued allegiance to Britain. The coin’s silver content became increasingly significant as metal shortages grew, especially for military use. The ongoing war affected economic conditions, with rising inflation and the need to manage resources efficiently, impacting the coin’s value.
In 1917, Prime Minister Robert Borden pushed for war conscription, leading to political unrest. The Canadian 1917 Five Cent continued circulation during a time of heightened economic strain. Its reverse design, with a wreath and crown, symbolized loyalty to the British Empire, while its silver content reflected Canadas wealth in precious metals. The Canadian 1917 Five Cent remains a marker of Canada’s wartime economy and political challenges.