Sure looks like it:

looks like it to me lol

Haha never noticed that before!

They better start recalling them for the aboriginal american in the buff.

the goverment makes nudity laws and they just go and break em!!

better be careful where he puts his oar!

I just find it funny that after looking at a number of these, I have never noticed that the Indian was naked!

Whats the guy in the back looking at?

I thought those were Voyageur dollars not Voyeur dollars

haha! maybe they did more back then than sign treatys!!

im not gonna say anything cause its gonna get dirty....hahaha

lol

All us Canadians ride around like that the guy in the back is shy

well i was going to go to canada but if theres just a bunch of guys running around in the nude prolly wont go!!

Maybe up North, but definitely not here, in Toronto!

You'd freeze your...
Never mind.

not if you row fast enough lol maybe it makes you wanna row faster!!

Hahahaha!

This is starting to remind me of an old thread that involved another Canadian coin.

Some sort of vertical rock formation.

lol

After careful study I have decided this is just a die crack.