The Olympic Games were hosted in Montreal, Canada in 1976, the first time the country had ever hosted the event. The Royal Canadian Mint produced the 1976 Canadian $5 Silver Coin to commemorate the historical event. This silver coin is comprised of .925 fine silver containing a total actual fine metal weight of .7226 oz fine silver. Additionally, the coin carries a legal tender in Canada, with a face value of five dollars.
This coin is part of a 28-coin set, which each depict a different Olympic event from the 1976 Games. The coins are evenly split into two denominations; five dollars and ten dollars. The coins were released in seven different series containing four coins each, from 1973-1976.
The obverse of this coin displays a young Queen Elizabeth II, with the words "ELIZABETH II CANADA 1974" inscribed beneath her. A Canadian maple leaf separates the inscriptions, appearing in the center of the bottom rim.
The reverse shows the five Olympic rings in the center, covered by a wreath. The inscriptions "Montreal 1976" and "Olympiade XXI Olympiad" are struck above the rings. The coin's 5-dollar denomination is struck below.