The item in question refers to a Canadian silver dollar minted in 1966 which exhibits a specific characteristic in its design. This characteristic pertains to the beading around the Queen Elizabeth II effigy on the obverse side of the coin. A variant exists where the beads are notably smaller than typically observed on this year’s issue.
The significance of this particular coin lies in its relative scarcity. Examples with the distinct feature are sought after by numismatists, leading to a premium in value compared to the more common variety of the 1966 silver dollar. Its historical context is rooted in the Canadian decimal coinage system, representing one of the final years of silver composition for the dollar coin before a shift to less precious metals.