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OCR: Coin History [ 1922 ] Because of the increasing cost of using silver in coins and a demand to use the much cheaper CANAD nickel, of which Canada was the world's largest producer, in 1922 a nickel five-cent piece was CENTS introduced. Like the one-cent piece, the reverse of the new coin included two maple leaves in the lower half of the coin. The redesigned five-cent coin of 1922. The Charlton Standard Catalogue of Canadian Coins, 58th Edition, (Toronto: The Charlton Press, 2004), p. 80.