The Royal Canadian Mint
What Is The Royal Canadian Mint?
The Royal Canadian Mint is the name of a company (owned by the Crown) that is responsible for producing all coins that are manufactured here in Canada.
100% of Canadian coins in circulation are produced by The Royal Canadian Mint.
Whilst the Mint’s main responsibility is producing coins for circulation currency, they also produce a range of other precious metal items such as:
- Special edition collector coins
- and medallions
In addition to producing currency for use in Canada, The Royal Canadian Mint also produces coins for other countries too.
The Royal Canadian Mint has produced coins for over 70 other countries and nations, including:
New Zealand, Thailand, Cuba, Columbia, Iceland, Norway and Yemen
A Quick History Of The Royal Canadian Mint
Specially struck coins have been in production for use in (what is now) Canada, since 1858.
Originally, those coins were struck at the Royal Mint in England.
As Canada came to develop into its own country, demand for coins increased to the point where producing them in Canada became viable.
In 1908, the Royal Mint opened its first official branch in Ottawa, Canada, where it immediately began producing Canadian coins.
In 1931, at the time of The Great Depression, the branch of the Royal Mint in Ottawa was able to negotiate it’s separation from the Royal Mint, and the Canadian Royal Mint was officially formed.
44 years later, in 1976, demand both domestic and international for coinage from The Royal Canadian Mint had grown so much that the existing facility in Ottawa simply could not keep. A 2nd, additional facility was opened in Winnipeg to help increase capacity.
These days, the Winnipeg facility is responsible for all of the coin production for other countries, while the original Ottawa facility handles the domestic side.
How To Buy Gold From The Royal Canadian Mint
The best way to buy gold from The Royal Canadian Mint is to purchase through a registered Royal Canadian Mint DNA dealer.
The Canadian Mint DNA Dealer program provides a safe, reliable and risk free way to purchase gold from the Royal Canadian Mint.
The DNA Dealer program is available exclusively to Gold dealers who have been approved and registered with the Royal Canadian Mint.
Registered Canadian Mint dealers can instantly authenticate coins and other items as genuine, offering peace of mind to customers and a reliable way to buy gold from the Royal Canadian Mint.
Looking To Buy Gold From The Royal Canadian Mint?
Canada Gold is a registered DNA dealer, and we have over 12 branches nationwide.
Royal Canadian Mint Gold Bars
Whilst not as popular as Canadian gold coins, The Royal Canadian Mint also produces a range of gold bars in various weights and sizes.
Renowned for their purity, Royal Canadian Mint gold bars have been popular with gold investors for a long time.
The state of the art refinery technology and processes in use at the mints two branches set the standard for purity on the world stage, with a guaranteed 99.99% purity.
This 99.99% purity rating has long made Royal Canadian Mint gold bars an investors top choice for increasing their gold holdings.
Investors value the consistency and reliability of the quality and purity provided in Canadian gold bars, and that fact helps make the bars great investment options for new and experienced traders alike.
Canadian Mint gold bars are available in a range of sizes and weights from 1oz all the way up to 400 troy ounces. That means that no matter what level of investor you are, there is always an option for you.
Royal Canadian Mint Silver Bars
With the major increase in the price of silver recently, demand for Royal Canadian Mint silver bars has also been on the up.
Similar to the gold bars, Canadian silver bars are available in a range of different sizes and weights and all come with Royal Canadian Mint’s standard purity and quality ratings.
Whether you’re a seasoned silver investor or you’re just starting out, Royal Canadian Mint silver bars are the perfect way to invest in silver.
Canadian Royal Mint silver bars are stamped with its own unique serial number, making it easy to trace and authenticate.
Aside from holding their value well, silver bars from the Canadian Mint are also often sought after from collectors, with many valuing things like low serial number ranges and uncommon minting years.
Royal Canadian Mint Coins
Over the years, the Royal Canadian Mint has produced many different designs of gold and silver coins, both for circulation and for collectors.
Some of the most popular Royal Canadian Mint Coins include:
- Canadian Maple Leaf Gold Coin
- Canadian Silver Maple Leaf Coin
- Star Wars Coin
- Canadian Silver Peregrine Falcon Coin
- Canadian Silver Cougar Coin
- Canadian Moose Silver Coin
Where To Buy And Sell Royal Canadian Mint Coins, Bars, Gold and Silver?
Wondering how to sell Royal Canadian Mint coins?
At Canada Gold, we buy and sell all Canadian gold coins for the best prices – guaranteed.
Visit one of our 12 local neighborhood branches or use our secure mail in service for easy, fast buying and selling today.
How Much Are Royal Canadian Mint Coins Worth?
Canadian gold and silver coins range in value depending on a number of factors.
Important things to consider include:
- The condition of the coin
- The year the coin was minted
- How many of that particular coin were minted and how many are available today
A rare, highly desired collectors coin in great condition can be worth significantly more than the value of its gold or silver alone.
If you’re wondering how much your Canadian silver coin is worth, our handy Canadian silver coin valuation guide has everything you need to know.
Are Royal Canadian Mint Coins Legal Tender?
… and no.
All coins produced by the Royal Canadian Mint are indeed legal tender, and can be exchanged for goods and services at their face value.
However, there are two different types of legal tender.
Circulating Legal Tender
Non Circulating Legal Tender
So, if you have special Canadian coins like the famous $20 silver coin for example, you may find businesses reluctant to accept them even though they are in fact legitimate legal tender.
Are Royal Mint Coins A Good Investment?
Due to their high levels of purity, The Royal Canadian Mint is one of the most respected and desirable minters in the world.
This means that coins from the RCM hold their value well over time.
Couple that with recent historic highs in both gold and silver prices and you find that these coins are among the most investable coins in circulation today.
Looking for live, up to date silver prices?
Check our current silver prices page for real time silver prices!
Where Is The Royal Canadian Mint Located?
Today, there are two branches of The Royal Canadian Mint – one in Ottawa and one in Winnipeg.