The coin freshly minted in Alice Munro’s honor. Via Royal Canadian Mint.
As if a Nobel Prize weren’t recognition enough, Canadian writer Alice Munro was honored with a commemorative coin in her home country earlier this week. In honor of her being the first Canadian to win the Nobel in literature, the Royal Canadian Mint has released a silver five-dollar coin dedicated to Munro, André Picard writes for the Globe and Mail.
As with all commemorative or limited-edition coins, it exists in a somewhat confusing context. Despite being officially worth five Canadian dollars, it’s being sold for $69.95, which seems to defeat the purpose of even having an assigned value for it. It’s clearly meant as a collector’s item, not to be actually circulated—only 7,500 of them will be minted. But then, why bother calling it a five-dollar coin? Why use a coin for this purpose at all? I don’t intend to slam the tribute to Munro in particular; it’s just always struck me as a counterintuitive practice.
Before this devolves into a unhinged rant about Canadian currency (loonies??), I’ll point out that along with the prestige of a coin in Munro’s honor, the Mint has committed to making a donation of $10,000 …read more

Via: Melville House Books