This is part of a tradition to differentiate the new monarch's reign from the previous one.Ī similar coin exchange at the Mint's Winnipeg facility, where circulation coins are produced, will take place Thursday. The effigy of Charles III faces left, the opposite direction his mother faced on all coins with her effigy over the decades. The Mint unveiled the new royal effigy in November, marking the first new monarch on Canadian coins in 70 years, though the effigy of Queen Elizabeth II changed several times as she aged. I’m going to put them aside I'm going to show them to my family and friends and enjoy them.' 'This hasn’t happened since 1953 and I’m taking advantage of being able to do it.

'I have to be here, I've been doing this professionally and for fun for 13 years,' said professional coin trader and collector Jacob Lipson. 'This is a unique opportunity to collect one of each circulating denomination featuring Canada's new royal effigy,' the Mint said in a news release.Ĭollectors received a package containing a toonie, loonie, quarter, dime and nickel ($3.40) featuring a portrait of the King, dated 2023. Sign up now for our nightly CTV News Ottawa newsletter.The information you need to know, sent directly to you: Download the CTV News App.The Royal Canadian Mint held a coin swap at its Ottawa boutique Tuesday, where collectors got some of the first circulation coins featuring King Charles III.

New coin royal mint