Important News! CoinLink has merged..... Visit our NEW Site www.CoinWeek.com

BREAKING NEWS:....... Vist Our NEW Site at CoinWeek.com

Category: Royal Canadian Mint

New Collector Coins from The Royal Canadian Mint

The Royal Canadian Mint is proud to demonstrate its skill and craftsmanship with a new selection of precious metal collector coins celebrating symbols of Canadian heritage ranging from prehistory to heraldry. These new collector products include a $300 platinum coin featuring the giant prehistoric ground sloth, a $300 gold New Brunswick Coat of Arms coin and extra-thick “Piedfort” pure gold and silver Maple Leaf coins.

“The Royal Canadian Mint values the role its collector coins play in showcasing Canada’s vast heritage through precious and unforgettable works of art and craftsmanship,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint.

“Collectors from Canada and around the world will find that the Mint’s newest collector coins honour the tradition of celebrating Canada’s defining features through keepsakes of uncompromising quality”.

The following are descriptions of the products now available to collectors and gift givers worldwide.

2010 $10 1/5-OZ PURE GOLD AND 2010 $5 1-OZ PURE SILVER PIEDFORT COINS – MAPLE LEAF

The Royal Canadian Mint is proud to celebrate its expertise and artistry in the field of precious metal refining and manufacturing with a pair of pure gold and silver “Piedfort” coins whose exceptional thickness distinguishes them from ordinary coins and makes them spectacular gifts or collectibles for those with an eye for the exclusive.

Both the $10 1/5 oz. 99.999% pure gold coin -the Mint’s first gold Piedfort, and the 1 oz. 99.99% pure silver coin -only the second of these coins the Mint has produced in silver, feature the iconic maple leaf, long symbolic of the Mint’s leadership of the world bullion industry. Only 3,000 1/5 oz. coins of 99.999% pure gold and 9,000 silver one-ounce coins of 99.99% purity are being made available in this exciting release.

The entire mintage of 99.999% pure gold coins Piedfort coin is offered as part of a set including the 99.99% pure silver Piedfort coin, retailing at $679.95 CAD. Another 6,000 individual silver Piedfort coins are being offered at $79.95 CAD each.

2010 $300 PLATINUM COIN — GROUND SLOTH

The fourth issue in the Mint’s exclusive Prehistoric Animals Collection of 9995 fine platinum coins features the gigantic Jefferson’s Ground Sloth, so called after the third President of the United States of America donated, in 1797, the first fossil specimens found in North America to Philadelphia’s American Philosophical Society. The tradition of showcasing the fascinating animals which roamed ancient Canada continues on this precious Mint coin containing a full ounce of pure platinum. Like the rare bones of the creature it immortalizes, this platinum coin has been made in very low quantities, with a worldwide mintage of only 200 examples. Designed by Alberta artist Kerri Burnett, this coin retails for $2,999.95 CAD.

(more…)

Coin Profile : Royal Canadian Mint 5-Oz Gold Coin – 75th Anniversary of the First Bank Notes (2010)

A reproduction of the allegory that appeared on the original 1935 $500 bank note

[ CoinLink News ] At a time when so many new coin releases exhibit such uninspired design, we can across this incredible beauty being offered by the Canadian Mint in a Limited Mintage of 200 pieces.

Perhaps we have just “classical” taste for the rich allegorical figures of yesteryear which seems to impart an importance to the design, or it may be that the “clip art” mentality exhibited on most modern coins just leaves us cold. In any case, this 5 oz gold just struck a cord, and provides us with a reminder of what exceptional coinage could, and should look like.

The design is a reproduction of the allegory that appeared on the original 1935 $500 bank note; a seated woman holding a sickle surrounded by the fruits of harvest to symbolize fertility.

This is the fourth time that the Mint has produced a 5oz gold coin. Previous issues: 2007 – Queen’s 60th Wedding Anniversary, 2008 – 100th Anniversary of the Royal Canadian Mint and 2009 – 150th Ann. of beginning of Construction of Parliament Buildings.

Theme:
The Bank of Canada began operating 75 years ago in 1935 and was given responsibility to regulate the country’s money supply and to “promote the economic and financial welfare of Canada.” Accordingly, it was given the exclusive right to issue Canada’s bank notes. On March 11, 1935, the Bank of Canada issued its first series of bank notes.

The inaugural series of 1935 included denominations of $1, $2, $5, $10, $20, $50, $100, $500 and $1,000. (A $25 note was issued later in 1935 to commemorate the silver jubilee of King George V).

The front of the notes featured a portrait of a member of the royal family or of a former Canadian prime minister while allegorical figures representing Canada’s growing agricultural, industrial and commercial prosperity appeared on the back. Each denomination was available in English or French, a practice that ended with the introduction of bilingual notes in 1937.

(more…)

Collector Coins From The Royal Canadian Mint To Feature Nature and Canadiana Themes

Royal Canadian Mint marked spring’s arrival with a strong accent on nature in the launch of exciting new coins designed to appeal to the discerning collector and the budding coin enthusiast alike.

A number of popular series continue in this latest release of 2010, notably: the 99.999% pure gold Canadian Floral Emblems series featuring Manitoba’s Prairie Crocus; the 1/25 oz. pure gold coin honouring the RCMP; the Birds of Canada 25-cent coin series celebrating the colourful Goldfinch; and the 2010 50-cent specially-wrapped coin roll.

New entries include a $20 Fine Silver coin adorned with a painted water lily and CRYSTALLIZED™ Swarovski Elements; a $2 “Young Lynx” circulation coin in a new Wildlife Specimen Set series; and, new Coin Collector Cards featuring complete sets of 2010 circulation coins available in four different “all-Canadian” backgrounds.

“Every year, Royal Canadian Mint coins are inspired by the best of Canada’s history, culture and values and the richness of these most recent themes proudly stands out on the best collector coins in the world,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “In the spring of 2010, our collector products continue to demonstrate that quality, innovation and artistry are at the heart of every coin produced by the Royal Canadian Mint”.

Below are descriptions of the featured products being launched today.

2010 $20 FINE SILVER COIN — WATER LILY
The addition of genuine CRYSTALLIZED™ Swarovski Elements to finely crafted Royal Canadian Mint numismatic coins has delighted collectors since their first appearance of our popular Crystal Snowflake and Crystal Raindrop coins.  In 2010, this innovative enhancement simulates three water droplets shimmering over a beautifully painted water lily gracing the reverse of a 99.99% pure silver coin.

The painting of a blooming water lily on an impressive 38 mm coin is inspired by the 75th anniversary of Flore laurentienne, a seminal compendium of Canadian flora by renowned botanist Brother Marie-Victorin.  Designed by Quebec wildlife artist Claudio d’Angelo, this coin is limited to a mintage of 10,000 coins worldwide and retails for $104.95 CDN.

2010 PURE GOLD COIN — PRAIRIE CROCUS
The Mint’s 2010 $350 Pure Gold Coin is the 13th in a series started in 1998 and features the Prairie Crocus, Manitoba’s official flower.  Made of 99.999% pure gold, this newest addition to a precious collection of Canadian floral emblems stands out as the finest gold collector coin in the world.  The reverse of this exquisite coin was designed by Ontario botanical artist Celia Godkin.  Limited to a worldwide mintage of 1,400, this coin retails for $2,599.95 CDN.

2010 1/25 OZ GOLD COIN – RCMP
The smallest gold collector coin currently produced by the Mint has been a perennial favourite since its introduction in 2004. In 2010, the 1/25 oz 99.99% pure gold coin is dedicated to the RCMP, one of Canada’s best known and most enduring icons. This coin is limited to a world-wide mintage of 14,000 and retails for $109.95 CDN. (more…)

The Vancouver 2010 Winter Games Athlete Medals

ca_vancover_gold_metalAs unique as the world’s top athletes and their awe-inspiring performances, every medal won at the Vancouver 2010 Olympic and Paralympic Winter Games will be a one-of-a-kind work of art. The medals, revealed today, each feature a different crop of larger contemporary Aboriginal artworks and are undulating rather than flat – both firsts in Games history.

An all-Canadian achievement, the Vancouver 2010 Olympic and Paralympic Winter Games athlete medals are the product of the Royal Canadian Mint’s close collaboration with the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) and metal supplier Teck Resources Limited. Thirty-four Mint engineers, engravers, die technicians, machinists and production experts have combined forces to create an unforgettable series of athlete medals.

The radically undulating face of the medals, evoking the iconic sea and mountains of the Vancouver- Whistler landscape, is the boldest evidence of ground-breaking creative and technical achievement writing a new chapter in the history of the Olympic and Paralympic Games medals. As powerful tributes to the performances of the Olympic and Paralympic Games athletes who will receive them, the athlete medals establish several milestones:

  • at 500 to 576 grams each, they are among the heaviest in Games history;
  • with totally unique designs, no two medals are alike; and
  • laser etching was used to flawlessly reproduce the unique, West Coast First Nations designs on the undulating surface of the medals.

From its Ottawa facility, the Mint produced all 615 gold, silver and bronze medals for Olympic Winter Games athletes, as well as the 399 athlete medals for Paralympic Winter Games competition. It took one year of planning, innovation and prototype development to finally bring the ambitious design of the athlete medals to life and proceed with the production phase. Thirty steps, representing 2,817 (402 days) hours of precision manufacturing, were taken to produce the medals. This complex process required:
(more…)

Royal Canadian Mint Launches Final Issue in the World’s First Bullion Coin Series Promoting The Spirit of The Olympic Movement

The Royal Canadian Mint has launched the third and final issue of the world’s first series of bullion coins honouring the spirit of the Olympic Games. The Mint’s Ottawa facility will produce up to 50,000 gold coins for the 2010 issue and the silver version will be produced on demand.

“The Royal Canadian Mint is very proud to produce gold and silver bullion coins which stand out from the competition and capture the attention of the marketplace,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “The Mint has been delighted by investor and collector response to the first two issues of its Vancouver 2010 Olympic Winter Games Gold and Silver Maple Leaf bullion coins and is looking forward to a repeat success as its newest Vancouver 2010 Olympic Winter Games bullion coins are launched with only months remaining before the excitement of the 2010 Winter Games.”

The Vancouver 2010 Olympic Winter Games Gold Maple Leaf bullion coin is made of one ounce of 99.99% pure gold and bears a $50 face value. Bearing a $5 face value, the Vancouver 2010 Olympic Winter Games Silver Maple Leaf bullion coin is struck from one ounce of 99.99% pure silver. The reverse of the coins features an ice hockey player in full stride, flanked by two maple leaves. The design is the product of collaboration between the Mint’s Bullion and Refinery and Engraving teams. Both coins are now available through the Mint’s extensive network of bullion dealers. (more…)

ROYAL CANADIAN MINT COMMEMORATES 90 TH ANNIVERSARY OF THE END OF THE FIRST WORLD WAR

Poppy coin bookmark to benefit the Royal Canadian Legion’s Dominion Command Poppy Trust Fund

Royal Canadian MintOn the eve of Remembrance Day commemorations and the 90 th anniversary of the Armistice, the Royal Canadian Mint, in association with the Royal Canadian Legion, is proud to issue its latest coloured circulation coin which features the iconic red poppy, Canada’s flower of remembrance.

The Mint will produce up to 11 million 25-cent coloured poppy coins, which will enter into circulation beginning today and will be distributed exclusively at Shoppers Drug Mart/Pharmaprix locations from coast to coast. Canadians are also encouraged to look for this special coin in their change.

“Through this unique circulation coin, the Royal Canadian Mint is keeping alive the memory of all Canadian veterans who served their country with such distinction,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “Mint employees are honoured to pay tribute to those who have bravely fought for our freedom, particularly on the eve of such a significant anniversary.”

“The Royal Canadian Legion is extremely pleased that the Royal Canadian Mint has honoured our veterans with the production of this very special poppy coin,” said Mr. Wilfred Edmond, Dominion President of the Royal Canadian Legion.

“Shoppers Drug Mart is honoured to be a part of the circulation of this commemorative coin that recognizes the valour and courage of those Canadians who served in the First World War,” said Tammy Smitham, Director, Communications & Corporate Affairs, Shoppers Drug Mart. “In partnership with the Royal Canadian Legion, our Pharmacist-owned stores will also be a distribution point for poppies during the Remembrance period to raise further awareness and funds for our Veterans.” (more…)

Latest 2008 Products from the Royal Canadian Mint

Coin series including the Chinese Lunar Zodiac, Vignettes of Royalty, Playing Card Money and Crystal Snowflakes and new NHL© coin and gift products join the team

New Products from the Royal canadian MintThe Royal Canadian Mint today issued its latest release of collector coins and gift products for 2008—just in time for the holiday season. Examples from this impressive selection include: gold and silver coins celebrating the Year of the Ox; new gold and silver Moon Mask coins; an ultra-high relief King George V Vignettes of Royalty $15 silver coin; a new 99.99% pure silver Holiday Carols coin; as well as innovative keepsakes honouring Canada’s beloved NHL© teams, featuring team jerseys, dual image logos and goalie masks. The public can purchase these new products as of today.

“As the Royal Canadian Mint continues to celebrate its centennial year, we are proud to issue new products showcasing the creativity, quality and innovation which have been our hallmarks since 1908,” said President and CEO of the Royal Canadian Mint, Ian E. Bennett. “Collectors and gift givers alike will find many exciting choices among the collector coins and gift products offered just in time for the holiday and hockey seasons.”

Here are the highlights of the Mint’s newest selection of products:

2009 LUNAR HOLOGRAM GOLD AND LUNAR CAMEO SILVER COINS – YEAR OF THE OX
The annual tradition of celebrating the Chinese Lunar Zodiac with gold and silver commemorative coin releases is alive and well as the Mint pays tribute to the Year of the Ox in 2009.

Both Year of the Ox coins are designed by Canadian artist Harvey Chan. The Lunar Cameo Coin is sterling silver and bears a face value of 15 dollars. It is the final instalment of the 12-coin series begun by the Mint in 1998. It features an octagon– shaped gold-plated cameo of a stylized ox surrounded by the 12 animals of the Chinese lunar calendar. This coin is the only 2009 issue bearing the former effigy of Her Majesty Queen Elizabeth II, which graced Canada’s coinage from 1990 to 2003. Limited to a worldwide mintage of 48,888, it retails for $88.88 CDN. (more…)

GOLDLINE ACQUIRES ROYAL CANADIAN MINT’S UNIQUELY DESIGNED 2008 “FIRST STRIKE” OF PUREST GOLD MAPLE LEAF COINS

Certified Limited Editions of the World’s Purest Official Mint Coin

uniquely designed 2008 .99999 pure gold one-ounce Maple LeafSanta Monica, Calif. – August 4, 2008 – Goldline International, Inc. today announced it has acquired the very first uniquely designed 2008 .99999 pure gold one-ounce Maple Leaf coins struck by the Royal Canadian Mint. These coins have been independently certified by Professional Coin Grading Service (PCGS), one of the premier coin grading services, to be the first seventeen hundred 2008 .99999 pure Maple Leaf coins. The overwhelming majority of these “First Strike” coins are graded in Superb Gem Brilliant Uncirculated (BU) condition. Each graded coin will be sonically sealed in a rigid plastic container to preserve its mint condition. The PCGS certification includes a unique serial number for each coin.

The .99999 Maple Leaf was introduced by the Royal Canadian Mint in 2007 as the purest gold coin struck by a government mint. The original Maple Leaf coin was first minted in 1979 and contained .999 pure gold. In 1982, the Royal Canadian Mint increased the Maple Leaf’s purity to .9999 (or 24 karat), setting a new benchmark for gold bullion coins. The Royal Canadian Mint raised the standard once again with its .99999 Maple Leaf. The .99999 Maple Leaf features a new, elegant maple leaf gracing the reverse and a 12-sided design.

“When Canada increased the gold content of the Maple Leaf to .99999 fine, it set an unsurpassed standard for gold investment products,” said Mark Albarian, President and Chief Executive Officer of Santa Monica-based Goldline International, Inc. “The independently graded and certified 2008 First Strike .99999 Maple Leafs offer collectors and the investment community a special gold coin at a time when investors are seeking a traditional safe haven hedge against inflation and a falling dollar.”

For more information about these 2008 First Strike Maple Leaf gold coins, please visit www.99999mapleleaf.com or call 1-800-827-4653.

ROYAL CANADIAN MINT DEALS OUT 2008’S THIRD ISSUE OF COLLECTOR PRODUCTS

Playing Card Money Series and Crystal Raindrop showcase unique new coins; popular offerings continue

Royal Canadian Mint 2008 SelectionsOttawa, Ontario – History and innovative design combine to produce yet another outstanding series of Royal Canadian Mint (RCM) collector coins with the introduction of fine silver rectangular coins emulating a long-lost currency of our past: New France’s playing card money. The innovation and design creativity continues with a new crystal-embedded fine silver raindrop coin, a new Royal Effigies Series coin featuring King Edward VII, as well as gold and silver coins celebrating yet another Canadian Achievement, the world-famous IMAX film standard, among several others captivating themes.

“As the Royal Canadian Mint celebrates its centennial and as Canada celebrates other historical milestones such as the 400th anniversary of the city of Quebec, we are proud that our collector products are telling the story of Canada in fascinating new forms”, said Ian E. Bennett, President and CEO of the Royal Canadian Mint.

“Our artisans and experts have once again succeeded in creating outstanding treasures in silver and gold which capture the imagination of coin collectors and gift givers everywhere”.

$15 PLAYING CARD MONEY SERIES – JACK OF HEARTS The days when Canadian legal tender displayed the effigies of anonymous kings and queens are a fascinating twist of Canadian history. As New France found itself short of circulation coinage in 1685, the government of the day demonstrated classic Canadian resourcefulness by seizing all playing cards in the colony and issuing officially signed cards as currency. This temporary measure continued until the British conquest of 1759. The RCM rekindles the “can do” aura of playing card money with a $15 sterling silver Jack of Hearts, the first in a new series of painted rectangular collector coins featuring a selectively gold-plated rim. Only 25,000 of these treasures of our past have been carefully crafted and designed from artwork preserved by Library and Archives Canada. This coin retails for a suggested $89.95 CDN. (more…)

ROYAL CANADIAN MINT HONOURED AT 25th ANNUAL MINT DIRECTORS CONFERENCE

25-cent breast cancer coloured circulation coin.The Royal Canadian Mint received a welcome accolade from its peers when the Mint Directors Conference, holding its 25 th annual meeting in Busan, Korea, presented it with the Most Technologically Advanced Circulation Coin Award for its 25-cent breast cancer coloured circulation coin. This is the second honour earned by this inspirational and innovative circulation coin, which was previously recognized in May 2007 as the “Best New Coin” by the International Association of Currency Affairs.

“The Royal Canadian Mint makes a great effort to be the best Mint in the world and it is immensely rewarding when our efforts are validated by our peers” said Ian E. Bennett, RCM President and CEO. “I welcome this award as the Mint marks its centennial year, and as my fellow employees and I proudly celebrate a century of innovation and achievement.”

The 25-cent breast cancer circulation coin features the iconic pink ribbon, the symbol of hope and awareness in the effort to create a future without breast cancer. Thirty million breast cancer coins entered into circulation beginning on April 1, 2006. These were the second coloured circulation coins to be produced by the Royal Canadian Mint’s Winnipeg facility, following the popular 25-cent poppy coin in the fall of 2004. Considered one of the most innovative mints in the world, the Mint has pioneered and perfected the technology process to apply colour to circulation coins.

About the Mint Directors Conference

The Mint Directors Conference (MDC) was organized for the purpose of exchanging information on all monetary matters and related legal, economic, technical, administrative and numismatic questions of interest to the minting industry. The MDC provides a forum for co-operating on the study of current issues and mutually agreeable solutions. The MDC also promotes study and research into all coin-related matters, including the implications of new means of payment

Canadian Mint to Focus on World Market

By Doug Andrews, World Coin News

Ian E. Bennett, President and CEO of the Royal Canadian MintRemaining competitive internationally, leveraging off technology and exploiting opportunities as world metal prices continue to rise will be the objectives of the Royal Canadian Mint, says its president and chief executive officer, Ian Bennett.

The Mint recently announced a record C$30.1 million profit for 2007.

“Our target had been growth, now it is growth and profit,” Bennett said. “We doubled our profit last year, which was a great achievement,” Bennett noted in an exclusive interview with World Coin News.

The mint’s use of its multi-ply plating process for circulating coinage is essential to attracting contracts from foreign governments.

“This allows us to produce coins at much lower cost than other mints, and it is part of our medium term plan, to exploit our competitive advantage as much as we can. Our goals are tough to achieve in this economy and with the rising Canadian dollar, but it’s something that we have to strive to do,” Bennett said.

Part of the RCM strategy is to invest in replacement of all the presses in its Winnipeg production facility with higher speed equipment, and to expand plating capacity. Since 2005 the plant has doubled its plating volume and has licensed its patented technology to leading suppliers, including Jarden Zinc Products Inc. of Greeneville, Tenn. The Canadian Mint is aggressively pursuing other partnerships in its quest for more foreign business.

Read Full Numismaster Article Here

Royal Canadian Mint issues special centennial commemorative coins

Royal Canadian Mint 5-ounce gold and 5-ounce silver coinsCelebrate the 100th anniversary of the Royal Canadian Mint with special commemorative coins! It has been 100 years since Governor General Earl Grey activated the press to strike a fifty-cent piece, Canada’s first domestically produced coin. What would become known as the Royal Canadian Mint was officially open for business.

“Every commemorative coin produced by the Mint expresses a theme or ideal that reflects Canada’s heritage and values,” stated Mr. Ian E. Bennett, President and CEO of the Royal Canadian Mint. “These magnificent new coins capture the essence of Canada’s world-renowned mint during our centennial year and we are pleased to offer them as part of the celebrations.”

With a proud tradition in both silver and gold coin production, the Mint is issuing four commemorative numismatic coins to celebrate its monumental anniversary, all of which are now available.

5-ounce gold and 5-ounce silver coins

The exquisite craftsmanship and finish of the 5-ounce gold and 5-ounce silver coins enhance its design, the majestic architecture of the Ottawa Mint’s historic building on Sussex Drive. Bearing a face value of $500 and available for $8,159.95, the 5-ounce gold coin has been limited to a mintage of only 250. Its silver counterpart has a $50 face value and also captures the essence of Canada’s world-renowned Mint. Four thousand of these coins have been produced and are available for $369.95 CDN.(*) (more…)

The History of Quebec City Forever Engraved on Two-Dollar Coin

The Royal Canadian Mint is pleased to celebrate the 400th anniversary of the founding of Quebec City by issuing a commemorative two-dollar coin.Unveiling the $2 circulation coin commemorating the 400th anniversary of Quebec City

“I invite all Canadians to look for this commemorative coin in their change,” said Ian E. Bennett, the Mint’s President and CEO. “Six million of these coins will be put into circulation to be exchanged daily not only by Quebecers, but by Canadians throughout the country. This coin is a striking way to pay tribute to Quebec City’s heritage, and to its significance in Canadian history. The Royal Canadian Mint is pleased to join Quebec City’s citizens and admirers in celebrating the 400th anniversary of this famous city.”

This coin was officially unveiled to the public at the IIHF World Hockey Championship’s “Fanfest” on May 7th, before the start of the game headlining France and Belarus. Notably present at its unveiling were Mint spokesperson Véronique Cloutier, Marguerite Nadeau, Royal Canadian Mint Vice-President, General Counsel and Secretary, Jean Leclerc, Chairman of the Quebec 400th Anniversary Corporation, as well as other public figures.

“There are few North American cities that can celebrate a past such as that of Québec City. It is from the year 1608 that we truly started to become what we are today. Because the founding of Québec City also marks the founding of Canada,” said the Honourable Josée Verner, Minister of Canadian Heritage, Status of Women and Official Languages.

(more…)

Royal Canadian Mint Records Most Profitable in Year 2007

2007 $20 Special Edition Sterling Silver Plasma CoinOTTAWA, ONTARIO – In 2007, the Royal Canadian Mint recorded an unprecedented profit of $30.7 million, almost double the previous year’s figure. Throughout the year, it also leveraged its innovation advantage, strengthened strategic partnerships and positioned itself for future growth in the global marketplace.

“The past year was one of remarkable accomplishment for the Mint, and this success can be attributed to the dedication and commitment of each and every employee of the Corporation,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “As we move forward, we will invest in our infrastructure, our world-renowned technology and in our employees – all of which will ensure our path to continued success.”

Achievements for the Royal Canadian Mint in 2007 included:

An increase in revenue to $632.1 million;

The production of 1.937 billion Canadian circulation coins;

The expansion of the coin recycling program in Ontario and Quebec;

As an Official Supporter of the Vancouver 2010 Olympic and Paralympic Winter Games, the launch of the first five circulation coins of its extensive Olympic commemorative coin program; (more…)

Canadian Mint Opening Delayed by Politics

By Doug Andrews, World Coin News
1908 Canadian Specimen SetCelebration of the centennial of the Royal Canadian Mint in the summer of 2008 may cause numismatists to reflect on the years of diplomatic wrangling and political infighting that surrounded its establishment. Now one of the most successful and modern mints in the world, its founding in 1908 was the culmination of nearly two decades of argument among Canadian parliamentarians, and negotiations between officials in Canada and the United Kingdom.

As early as 1890 members of the Canadian Senate from British Columbia began lobbying the Conservative and later, the Liberal, governments in Ottawa for opening a mint in Vancouver. Gold recently had been discovered in the nearby Fraser River Valley, and a tiny group of politicians led by Senator Thomas McInnes tried to persuade the cabinet to fund construction of a mint to assay and refine gold, produce ingots and strike gold into coins. In March, McInnes boldly introduced the following motion to the Senate, “Resolved as to the opinion of this House that it is both desirable and expedient that the government should immediately pass a coinage act and establish a mint.”

Gold miners and speculators in British Columbia saw the opening of a mint as an opportunity to increase their profits by reducing the costs of exporting gold to the United States for refining. However, the Conservative Prime Minister, Sir John A. Macdonald, opposed the measure championed by McInnes, a Liberal, and it went down to defeat. Macdonald, then in declining health, had focused this agenda on protectionism rather than foreign trade, and a mint to increase profits from exportation of gold did not fit into his plans.

Read Full Numismaster Article

Royal Canadian Mint Issues New 2008 Commemoratives

Royal canadian Mint New Issues 2008

2008 $25 Sterling Silver Hologram Coin – Freestyle Skiing

LIMITED TO 45,000 COINS WORLDWIDE

Freestyle skiing began in the 1960’s when social change and freedom of expression led to new and exciting skiing techniques. Originally a mix of alpine skiing and acrobatics, the first competition was held in New Hampshire in 1966. The sport became an Olympic medal event in 1992 in Albertville, and only two years later in Lillehammer, Canadians won gold in moguls, and silver and bronze medals at the first aerials event.
CITIUS, ALTIUS, FORTIUS, (Faster, Higher, Stronger)

These three words, comprising the motto of the Olympic movement, encourage the athlete in all of us to give our best during competition, and to view this effort as its own victory.

The Olympic Games have a 3,000 year history of bringing people together to give their best in competition. The Winter Games are the cold-weather complement to the original Olympic Summer Games. Held every four years, the Olympic Winter Games feature winter sports, all of which are held on ice or snow.

The only Olympic Winter Games held in Canada was in 1988, in the city of Calgary, Alberta. In 2010, Canada will proudly host the XXI Olympic Winter Games, this time in Vancouver, British Columbia let the Games begin!
(more…)

Royal Canadian Mint launches the world’s first bullion coins promoting the spirit of the Olympic movement

Olympic Bullion Coins from the Royal Canadian MintThe Royal Canadian Mint (RCM) today officially launched the 2008 issue of the Vancouver 2010 Olympic Winter Games Gold and Silver Maple Leaf bullion coins. These unique RCM bullion products are the world’s first bullion coins promoting the spirit of the Olympic Games. The RCM’s Ottawa facility will produce up to 50,000 coins in gold for the 2008 issue and the silver version will be produced on demand. Two more annual issues (2009 and 2010) will follow.

In July 2007, the RCM received permission from the International Olympic Committee and the United States Olympic Committee to produce and market these new gold and silver bullion coins. The designs for these coins were first unveiled in August 2007.

“I’m very proud that the Royal Canadian Mint is again launching a series of bullion coins which will stand out in a very competitive marketplace,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “Gold and silver have long symbolized the pinnacle of international athletic competition and we are delighted that the Royal Canadian Mint’s world-renowned bullion coins are now associated with the Olympic Movement.”

The Vancouver 2010 Olympic Winter Games Gold Maple Leaf bullion coin is made of one ounce of 99.99% pure gold and bears a $50 face value. Bearing a $5 face value, the Vancouver 2010 Olympic Winter Games Silver Maple Leaf bullion coin is struck from one ounce of 99.99% pure silver. Both are now available through the RCM’s extensive network of bullion dealers.

Royal Canadian Mint launches first Olympic 25-cent circulation coin of 2008

Sport of snowboarding featured, sixth in series of 17 special circulation coins

OTTAWA, Feb. 20 /CNW Telbec/ – The Royal Canadian Mint today officially released the first Olympic 25-cent circulation coin of 2008. The sport of snowboarding is depicted on the coin, which is the sixth of 17 circulation coins to celebrate the Vancouver 2010 Olympic and Paralympic Winter Games.
New 2008 Canadian Quarter

“With two years to go until 2010, the Mint is delighted to be launching its second wave of circulation coins to commemorate the Olympic and Paralympic Winter Games,” said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “Featuring the dynamic and energetic sport of snowboarding is a fantastic way to kick off 2008.”

“The Canadian Snowboard Federation is honoured to have our sport immortalized through the Royal Canadian Mint’s snowboard coin,” said Mr. Tom McIllfaterick, CEO of the Canadian Snowboard Federation. “We are also pleased to be working with the Royal Canadian Mint to help promote the coin launch through our various online and event opportunities.”

Up to 22 million 25-cent snowboarding coins will enter into circulation today and will be available exclusively at RBC and participating Petro-Canada gas stations. RBC is a Premier National Partner and Petro-Canada is a National Partner of the Vancouver 2010 Olympic and Paralympic Winter Games. Canadians can also look for these special coins in their change. Participating Petro-Canada gas stations will also sell snowboarding sport cards, containing a uniquely painted version of the coin. The sport cards, which are now available, sell for $7.95. (more…)

THE ROYAL CANADIAN MINT WINS COVETED AWARDS AT THE 2008 WORLD MONEY FAIR IN BERLIN, GERMANY

RCM COTY Award 2008Ottawa, Ontario, February 2, 2008 – The Royal Canadian Mint (RCM) added to its star-studded line up of award-winning coins when Krause Publications bestowed the Coin of the Year and Most Innovative Coin Awards on the RCM’s laser-etched $50 Palladium Big Bear and Little Bear Constellations coin series at the 2008 Coin of the Year Awards. Adding even more to the RCM’s prestige, its 2006 colourized $5 Fine Silver “Pink Ribbon” Coin also was a co-winner of the Most Inspirational Coin Award. Krause Publications, of the United States, publishes World Coin News and Numismatic News, in addition to many respected numismatic catalogues and research titles.

“We welcome these distinctions during our centennial year, as the proud employees of the Royal Canadian Mint celebrate a century of achievement,” said Ian E. Bennett, RCM President and CEO. “Our passion for innovation and excellence has made us a leader in the minting industry and we are delighted that these qualities are being recognized by leaders in the numismatic community.”

The $50 Palladium Big Bear and Little Bear Constellations coin series consists of four 31.16 g, 99.95% palladium coins featuring the constellations in a night sky, reproduced by a deep black laser-etching. Each coin displays the constellations as they would appear above Canada’s capital during each of the four seasons. This appealing and ingenious design is the work of RCM Product Manager Jennifer Holmes, whose impressive portfolio includes sell-outs such as the Gold $3 Square Beaver Coin and the square-holed $8 Fine Silver Chinese Coin. (more…)

100 YEAR-OLD ROYAL CANADIAN MINT INTRODUCES LANDMARK THEMES IN FIRST COLLECTOR COINS OF 2008

400th Anniversary of Quebec City, 200th Anniversary of Fraser River Descent lead first numismatic offering of the Mint’s centennial year

2008 Royal Canadian Mint OfferingOttawa, Ontario – January 9, 2008 – One week after turning 100 years old, the Royal Canadian Mint (RCM) today released the first new collector coins and gift products of 2008. In keeping with its mandate of celebrating Canada’s values, history and culture, the RCM has chosen to devote the silver dollar, in proof, brilliant uncirculated and selectively gold plated finishes, to Samuel de Champlain, as a tribute to the 400th anniversary of the founding of Quebec City. This figurehead of the RCM’s annual collector coin program is followed by the perennial $100, $200 and $300 face value gold issues featuring themes which resonate from Canada’s East to West coasts, as well as the traditionally anticipated proof, uncirculated and specimen coin sets. The popular annual coin sets featuring a unique painted 25-cent coin are once more available in five different themes, as are annual baby and wedding gift sets.

“Over 100 years, the Royal Canadian Mint has established a global reputation as a leader in the minting industry”, said Ian E. Bennett, President and CEO of the Royal Canadian Mint. “The quality and creativity which are hallmarks of the Royal Canadian Mint shine through in the first new collector coins of 2008. The themes they portray will resonate with Canadian and international collectors alike”. (more…)

ROYAL CANADIAN MINT CELEBRATES 100TH ANNIVERSARY

Royal Canadian Mint 100th Anniversary OTTAWA, ONTARIO / WINNIPEG, MANITOBA – January 2, 2008 – One hundred years ago today, Governor General Earl Grey activated the press to strike a fifty-cent piece, Canada’s first domestically produced coin. What would become known as the Royal Canadian Mint was officially open for business.

“To celebrate the centennial of the Mint is to celebrate the history of Canada,” said Mr. Ian E. Bennett, President and CEO of the Royal Canadian Mint. “Over the past century, the Mint has played an important role in the economic and social fabric of our nation, by creating circulation and commemorative collector coins which are a true testament to Canada’s rich heritage and values.”

The Mint’s Ottawa facility, which occupies the same premises on which the Mint was founded, produces hand-crafted collector and commemorative coins, gold bullion coins, medals and medallions. Established in 1976, the Winnipeg Mint is a high-tech, high-volume manufacturing facility where Canada’s circulation coinage is produced, as well as coins for countries around the world. (more…)

Royal Canadian Mint credits patented multi-ply plating for record year in minting international circulation coins

OTTAWA, Dec. 13 / – The Royal Canadian Mint (RCM) is crediting its patented multi-ply plating technology for a record year in its foreign circulation business line. The Mint’s Winnipeg, Manitoba facility has already set a new production volume record with one month left to go in 2007, having struck almost 1.2 billion multi-ply plated circulation coins for countries from around the globe.

“In an age of rising base metal costs, there is a compelling need around the world for a coinage solution which saves money without compromising quality,” said RCM President and CEO, Mr. Ian E. Bennett. “Only the Royal Canadian Mint can offer a solution to meet this need, which has led us to become one of the most innovative in the world.”

Among the countries which have recently adopted the Royal Canadian Mint’s multi-ply plating are Papua New Guinea, New Zealand, Ghana, Oman, Paraguay, Barbados and the Bahamas. As well, RCM multi-ply plating is generating strong interest among other countries in the Caribbean region. (more…)

Royal Canadian Mint FINAL ISSUES OF 2007

Moon Coin - Royal Canadian MintOttawa, Ontario, October 19, 2007- The Royal Canadian Mint (RCM) today issued 10 new 2007 collector coins, including an elegantly painted 25-cent coin celebrating the 60th wedding anniversary of Her Majesty Queen Elizabeth II and a $15 sterling silver coin of Queen Victoria, the first of a five-coin series featuring royal effigies from Canada’s past coinage. The RCM is also introducing gift products to please fans of timeless coin designs and classic winter sports alike.

“The Royal Canadian Mint is proud to complete a very exciting 2007 with an array of collector coins and gift products which are appealing in both their quality and significance to Canadians,” said President and CEO of the Royal Canadian Mint, Ian E. Bennett. “These newest Mint products are innovative and attractive choices for the discerning gift giver.”

Here are the highlights of the Mint’s newest selection of products:

2008 VIGNETTES OF ROYALTY SERIES – $15 STERLING SILVER QUEEN VICTORIA
Another design first for the Royal Canadian Mint, this new series features royal effigies on both the obverse and the reverse of these elegant sterling silver coins. The reverse of the first of these coins features an ultra-high relief effigy of Her Majesty Queen Victoria, which appeared on the 1-, 25- and 50-cent coins which were issued in Canada from 1870 to 1901. Future issues from this five-coin series will include King Edward VII and King George V (2008), as well as King George VI and Queen Elizabeth II (2009). All these designs were approved by Her Majesty Queen Elizabeth II. Bearing a $15 denomination, this visually impressive, frosted effigy is set against a proof-like field. These coins were struck four times and hand polished in order to achieve their dramatic appearance. Limited to a world-wide mintage of 10,000, the first coin in this series retails for $99.95 CDN.

View the whole article here – on CoinLink Mints Section

Royal Canadian Mint FINAL ISSUES OF 2007

Moon Coin - Royal Canadian MintOttawa, Ontario, October 19, 2007- The Royal Canadian Mint (RCM) today issued 10 new 2007 collector coins, including an elegantly painted 25-cent coin celebrating the 60th wedding anniversary of Her Majesty Queen Elizabeth II and a $15 sterling silver coin of Queen Victoria, the first of a five-coin series featuring royal effigies from Canada’s past coinage. The RCM is also introducing gift products to please fans of timeless coin designs and classic winter sports alike.

“The Royal Canadian Mint is proud to complete a very exciting 2007 with an array of collector coins and gift products which are appealing in both their quality and significance to Canadians,” said President and CEO of the Royal Canadian Mint, Ian E. Bennett. “These newest Mint products are innovative and attractive choices for the discerning gift giver.”

Here are the highlights of the Mint’s newest selection of products:

2008 VIGNETTES OF ROYALTY SERIES – $15 STERLING SILVER QUEEN VICTORIA
Another design first for the Royal Canadian Mint, this new series features royal effigies on both the obverse and the reverse of these elegant sterling silver coins. The reverse of the first of these coins features an ultra-high relief effigy of Her Majesty Queen Victoria, which appeared on the 1-, 25- and 50-cent coins which were issued in Canada from 1870 to 1901. Future issues from this five-coin series will include King Edward VII and King George V (2008), as well as King George VI and Queen Elizabeth II (2009). All these designs were approved by Her Majesty Queen Elizabeth II. Bearing a $15 denomination, this visually impressive, frosted effigy is set against a proof-like field. These coins were struck four times and hand polished in order to achieve their dramatic appearance. Limited to a world-wide mintage of 10,000, the first coin in this series retails for $99.95 CDN.

2007 25 CENT COIN – THE QUEEN’S 60TH WEDDING ANNIVERSARY
To celebrate the 60th wedding anniversary of Her Majesty Queen Elizabeth II and His Royal Highness Prince Philip, Duke of Edinburgh, the RCM has created an oversize nickel-plated steel coin adorned by a fully painted reproduction of the British Royal Family’s Glass State Coach, which transported a young Princess Elizabeth to her wedding at Westminster Abbey. This outstanding coin is limited to a mintage of 35,000, bears a 25-cent denomination and retails for $21.95 CDN. (more…)

New Royal Canadian Mint Coins Feature Innovative Photo Holograms

2007 $30 Sterling Silver Coin Panoramic Photography in Canada: Niagara Falls

This beautiful sterling silver coin features a fascinating photographic hologram image to highlight the innovations that made it possible to capture the grandeur of the Canadian landscape on film.

The reverse design features a breathtaking aerial view of Canada’s world famous Niagara Falls. In the foreground, photographer’s hands hold a modern camera readying to take a panoramic picture. As you tilt the coin, you will see the Niagara Falls emerge from vibrant multi-colour to a true photographic image, and then finally fade away.

Mintage: Limited to 15,000 coins worldwide
Composition: 92.5% silver, 7.5% copper

2007 $300 Gold Coin—Panoramic Photography in Canada: Rocky Mountains

The third coin in the Canadian Achievements Collection explores the photographic innovations that made it possible to capture the grandeur of the Canadian landscape on film. This 14-karat gold coin features an innovative photographic hologram image and has a limited mintage of only 1,000 coins worldwide—it’s a very desirable collectible for numismatists.

Mintage: Limited to 1,000 coins worldwide
Composition: 14-karat gold (58.33% gold, 41.67% silver)

Website: Royal Canadian Mint