The item in question refers to a specific coin minted in Canada in the year 1911, composed of silver, and denominated as a dollar. Its inherent value stems from its silver content, numismatic interest, and historical significance as a representation of Canadian coinage during that period. The design and condition of individual specimens greatly influence their desirability among collectors.
Its importance lies in its rarity, attributable to a relatively low mintage figure for that year, particularly for examples in higher grades of preservation. This contributes to a higher market value compared to other, more common, Canadian silver dollars. Its presence in a collection enhances its overall value, providing both historical context and diversification within a numismatic portfolio. The historical context of the coin reflects the political and economic climate of Canada at the beginning of the 20th century.