• 10 Cents 2000, KM# 409, Canada, Elizabeth II, 100th Anniversary of the Canadian Credit Union
  • 10 Cents 2000, KM# 409, Canada, Elizabeth II, 100th Anniversary of the Canadian Credit Union
Description

The concept of a cooperative financial institution - a bank owned and operated by the people - was brought to North America by Canadian Gabriel-Alphonse Desjardins (1854-1920). He was the co-founder of the Caisses Populaires Desjardins (today Desjardins Group), a forerunner of North American credit unions and community banks. The Desjardins Group (or Mouvement des caisses Desjardins in French) is the largest association of credit unions in North America. Located mostly in Quebec, and in Ontario, Alberta, and New Brunswick, it is a federation of 376 local Caisses populaires Desjardins, which serves 5.8 million members.

Obverse

The crowned portrait of HM Queen Elizabeth II facing right, wearing the George IV State Diadem.

The George IV State Diadem, officially the Diamond Diadem, is a type of crown that was made in 1820 for King George IV. The diadem is worn by queens and queens consort in procession to coronations and State Openings of Parliament. The piece of jewellery has been featured in paintings and on stamps and currency. It can be seen in the Queen's Gallery at Buckingham Palace.

ELIZABETH II DEI GRATIA REGINA means Elizabeth II, by the grace of God, Queen.

Engraver: Dora de Pédery-Hunt

ELIZABETH II D·G·REGINA

Reverse

Alphonse Desjardins' house in Lévis. It was headquarter of the Caisses populaires in North America.

Engraver: Jean-Guy Lebel

CANADA
1900
2000
JGL
10 CENTS

Edge

10 Cents

3rd portrait

100th Anniversary of the Canadian Credit Union

KM# 409
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.925
Weight 2.4 g
Diameter 18.03 mm
Thickness -
Shape round
Alignment Medal

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Without DEI GRATIA

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