The Canadian 1922 Five Cent coin, made of nickel, marked the end of silver coins in Canada’s five-cent denomination. This shift in material was due to the economic challenges following World War I, including metal shortages and rising costs. The Canadian 1922 Five Cent reflected Canada’s need for more affordable coin production, as nickel became the preferred metal for lower-denomination coins.
In 1922, Prime Minister William Lyon Mackenzie King continued his focus on economic recovery and industrial growth. The Canadian 1922 Five Cent circulated during a period of inflation and currency reform. Its reverse design, featuring a wreath and crown, remained consistent, while the switch to nickel marked a turning point in coin production and resource management for Canada. The Canadian 1922 Five Cent represents a new era in Canadian currency