Mint unveils single mine gold coin sourced in northern Ont.
Mint unveils single mine gold coin sourced in northern Ont.
The Royal Canadian Mint has introduced its latest Gold Maple Leaf bullion coin – made entirely from gold sourced from a single mine in northern Ontario
Single-sourced, mine-to-table artisanal coins. How hipster!
They had to ruin it by putting that dude's face on it.
I’ll bite, since I’m not Canadian. What would you rather have in place of the King?
Beaver!
I vote that we choose a mascot animal and use that, like Athens did with their tetradrachma for centuries.
Trudeau pleass usurp the Britsh Monarch so we can have your handsome face on our coins thanks.
trudeau
I don't understand the point of making a coin that has ~$3500 worth of gold in it, and then giving it an official face value of $50.
Goldbugs have a lot of nostalgia for the Gilded Age, so they put the face value it where it would have been in 1896.
I would have been more amused if they had "mined" the gold from old tailings piles (the ones around Kirkland Lake used to have enough gold still in them to make that feasible, although I don't know whether that's the case anymore), or at least some mine with an associated settlement, rather than one located way out in the wilderness.
.....but why?
So one thing to understand is that the mint makes more than just Canadian currency. Usually things like this are sorta like advertising their abilities to any perspective customers. Of course they sell to the collectors market as well
Same reason all other special coin mints happen. Personally I mostly don't care, but I'm glad they're using local gold instead of slave gold from abroad.
Dunno but I like collecting odd things. Like state quarters are cool but like misprints are super cool. I’m not going to pay stupid amounts of money for it though
I also don't understand why the mint doesn't have any for sale -- but you can apparently get them at Costco.