The American market’s infatuation with British Commonwealth coins seems to be waning, and it appears our neighbors to the north might be following suit. While Canadians once held a relatively warm sentiment toward Queen Elizabeth II, the reception of the current monarch, King Charles III, is becoming increasingly problematic, as indicated by a survey from the Angus Reid Institute.
Whether this sentiment will improve over time remains speculative. However, the pressing issue lies with the effigy of King Charles, set to debut on the Royal Canadian Mint coins this May, which is causing concern among numismatic collectors. The worry is that negative perceptions of the king might lead to decreased demand for these coins and, crucially, to a reduction in their premiums.
