The Royal Canadian Mint has been in operation in Ottawa for over a century, and in that time the RCM has become one of most renowned mints in the world.
A Leader in Gold Refining
The RCM was created in 1908 as the Canadian branch of Britain’s Royal Mint. In 1911, the RCM created a refinery to process the influx of gold that came from British Columbia and the Yukon. This gold would later serve the British Empire to pay off debts owed after World War I.
In 1931, the RCM was passed to the Canadian sovereign government, setting it apart from Britain’s Royal Mint. Following this change, a new refinery was created in 1936 to meet gold standards around the world. This refinery is still in operation today and continues to pioneer gold purity standards.
RCM Highlights:
- 1st Mint in the World to Produce .9999 Fine Gold Coins
- 1st and Only Mint in the World to Produce .99999 Fine Gold
A Leader in Creative Coinage
As the world’s leader in gold purity, the RCM continues to astound the world with its creative mintage endeavors. In 2004, it became the first mint to introduce a colored coin into circulation. The 25-cent poppy coin features Canada’s national flower. This red flower is placed in the center of the silver coin’s reverse and is a symbol of Remembrance Day.
In 2007, the RCM broke records by creating the world’s largest gold coin. Weighing at 100kg and composed of 99.999% fine gold, the RCM’s “Million Dollar Coin” is truly a masterpiece of design and conception. Only five of these massive coins were produced.
The Royal Canadian Mint Now
The Royal Canadian Mint continues to lead the world in gold purity and coin designs. Investors looking for quality gold and silver coins should look no further than the RCM. Check out what the RCM has recently released:
- 2016 1 oz. Canadian Silver Maple Bigfoot Privy
- 2016 1 oz. 99.999% Gold Roaring Grizzly Bear
- 2016 1 oz. Canadian Silver Cougar
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