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The Great Quality of Royal Canadian Mint Products

The Great Quality of Royal Canadian Mint Products
Category: Articles
Author Name: Oleg Zamansky
Posted: 01-27-2016

The Royal Canadian Mint is a big name in the numismatics industry, well known for making innovative quality products. Their Maple themed bullion series are extremely popular for their remarkable 99.99% fine metals, and their collectors coins feature some of the most unique and wonderful designs. Above all, their company has an ethical code that surpasses any necessity in order to be an incredible organization. MCM is proud to be an official distributor of the RCM.

The Royal Canadian Mint

The Royal Canadian Mint has been a big name in the numismatic community in the past few years. This is because of their fantastic ideas that have generated stunning and unique coin designs! The Royal Canadian Mint has been a pioneer in numismatics for some time and with their innovative coins, they have pushed the numismatic boundaries further than anyone in the world. From the ever famous Maple Leaf coins to the most recent Glow-In-The-Dark designs, the Royal Canadian Mint has created treasures for all mankind for generations and will continue to astound the world even further with what is to come.

Bullion Coins - Highly Popular Maple Design

The Royal Canadian Mint produces coins for collectors and enthusiasts in Canada and all over the world. Several of these coins have earned international industry awards. Made of base and precious metals, several of these numismatic coins are enhanced by special technologies including holograms, enameling, laser engraving and embedded crystals. The Royal Canadian Mint also produces medals, medallions and tokens as part of this business line. 

In 1979 the Royal Canadian Mint began its historic production of the Maple Leaf bullion coins in pure gold and in 1988 did the same with pure silver. Due to their amazing purification process that produced these fantastic bullion coins with .9999 (or 99.99%) purity, the world took notice and it gained the Royal Canadian Mint great interest in their bullion coins. Starting 1988 until 1999 and again in 2009, the Royal Canadian Mint struck these stunning bullion coins in pure platinum and from 2005 to 2009 these bullion coins were struck in pure .9995 (or 99.95%) palladium – another amazing achievement for the Royal Canadian Mint. Today, these gold and silver bullion coins serve as the foundation for many numismatic collections, as every collector at some point has purchased some these coins for their collection.

Collector Coins - Unique and Innovative

In 2004, the Royal Canadian Mint made numismatic history once again by issuing the world's first colored circulation coin. In 2006, the Royal Canadian Mint produced a second colorized circulation coin in support of a future without breast cancer. The 25 cents coin featured the iconic pink ribbon symbolizing breast cancer awareness and in 2007 this design won the Best New Coin Award in Awards for Excellence in Currency, which was presented by the International Association of Currency Affairs. Additionally, this coin was awarded the Most Inspirational Coin Award which was presented at the 2008 World Money Fair, by Krause Publications. 

In 2006, the Royal Canadian Mint produced the world’s first square sterling silver beaver coin and the first ever 5 oz .9999 pure silver coins with $50 denominations (titled "The Four Seasons") which had a limited mintage of only 2,000 coins worldwide. Additionally, the Royal Canadian Mint was the first to ever produce a colorized coin using plasma technology - $20 International Polar Year. One of the most interesting coins they have made was the first ever million dollar face value coin – 100 kilogram coin designed in pure 99.999% gold! In 2011, the Royal Canadian Mint has earned the Best Silver Coin and Most Artistic awards by Krause Publications 2011 at the Coin of the Year Awards for 2009 Fine Silver Coin - Crystal Snowflake for 2009 Gold Coin - Summer Moon Mask.

The Royal Canadian Mint produces coins that feature supreme minting quality and purity and are backed by the government of Canada to be legal tender at its face value and are issued by both the Ottawa and Winnipeg facilities. The Ottawa facility was built in 1901 opened for business in 1908 with 61 employees. In 1931, the Ottawa Mint was renamed the Royal Canadian Mint and is currently responsible for producing collector and commemorative coins. They also create bullion in the form of coins, bars, and medallions. 

The Winnipeg facility was officially opened in 1976 and this branch allowed the Ottawa facility to concentrate solely on collector coins while Winnipeg facility would produce the entire supply of circulation and foreign coins. The Winnipeg facility is also responsible for producing the circulation currency of other nations. Since opening its doors in 1976, the Royal Canadian Mint’s Winnipeg facility has produced coinage for over 70 countries including centavos for Cuba, kroner for Norway, pesos for Colombia, kroner for Iceland, baht for Thailand, and a thousand-dollar coin for Hong Kong. Other client nations include Barbados, New Zealand, and Uganda.

Royal Canadian Mint – A Great Organization

Along with the incredible spirit of innovation, the Royal Canadian Mint also has a great ethical code of conduct which is demonstrated by their opposition to all activities which deny basic human rights. The Royal Canadian Mint is opposed to all activities which finance or contribute to abuses of human rights, which includes the mining and trading of conflict minerals within the gold sector. 

In addition to minting circulating and collectible coins for Canada, the Royal Canadian Mint manufactures coins for numerous other nations, including Israel, Singapore, Dominican Republic, Brazil, Bahamas, Bermuda, Cayman Islands, Jamaica and many others. The Royal Canadian Mint is without a doubt a global player in the numismatic world and a tour-de-force of minting innovation worldwide. 

Collecting coins from the Royal Canadian Mint is not only for professional investors who are trying to protect their wealth by using precious metals as investment security but also for the average numismatist who wants to have a collection of unique coins that showcase the combined craftsmanship and artistry and for anyone who is trying to have fun collecting beautiful coins with low mintage.

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About The Author

Oleg Zamansky Oleg Zamansky is the President and CEO of Coin Maestro, LLC and is an expert in foreign coins, paper money, medals, and sets. Oleg's coin career started in 1983 when his great-grandmother gave him his first foreign coin - 1 Israeli Shequel and ever since, his numismatic journey began. According to Mr. Zamansky, "Due to frequent volatile markets, people need to secure their investments and numismatics is the best way. Coin collecting is the most educating, investment protective business today, and also quite fun." Mr. Zamansky graduated from the University of Cincinnati in 2001, became a partner at RINA Systems, LLC in 2005, and holds a 3rd degree black belt in Tae-Kwon-Do. Today, he is a member of the American Numismatic Association and the Numismatic Guarantee Corporation. Currently, Mr. Zamansky resides with his family in Cincinnati, Ohio and is a contributing writer for ModernCoinMart. His thoughts and opinions may not be shared with MCM or its staff.

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