From the category archives:
Going centless makes sense, report says... Is Canada facing a penniless future?
While Finance Minister Jim Flaherty has openly mused about the end of the one-cent coin, documents reveal that officials from his department have been in discussions with the Royal Canadian Mint to prepare for the day when the penny finally drops. They’ve talked to officials in both Australia and New Zealand ...
Full Article: Canada ponders pulling the plug on the penny - TheStar.com
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A new one-dollar circulation coin immortalizing the centennial of the Canadian Navy, proudly produced by the Royal Canadian Mint, was unveiled today by Her Majesty Queen Elizabeth II, Queen of Canada and Commander-in-Chief of the Canadian Forces.
The unveiling took place at a luncheon celebrating the 100th anniversary of the Canadian Navy, hosted by the Honourable Peter MacKay, Minister of National Defence.
The Mint will produce seven million one-dollar Canadian Navy Centennial commemorative circulation coins, which will begin circulating today (June 29) and Canadians are encouraged to look for this special coin in their change, or order it online by visiting www.mint.ca/navy ...
Full Article: Royal Canadian Mint's 2010 Navy Centennial Dollar Coin - CoinNews
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Coin collectors, appraisers and dealers will flood into Saint John from Wednesday to Saturday for the annual Royal Canadian Numismatic Association (RCNA) Convention, which will be held at the Hilton Hotel and Trade and Convention Centre.
The convention will see more than $25 million worth of coins featured in the events throughout four days, said Tom Craig, Saint John Coin Club treasurer and general chairman of the convention.
The show's Saint John debut will mark only the second time the RCNA has held its annual convention in ...
Full Article: Rare banknote and Olympic medals on display at coin show - Telegraph-Journal
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The world’s largest gold coin, a Maple Leaf, sold for 3.27 million euros ($4.02 million) at the Dorotheum auction house in Vienna.
Gold dealer Oro Direct Sale S.L.U. said it bought the coin, which has a face value of C$1 million ($960,000), to exhibit to clients. The coin, made of pure gold, weighs 100 kilograms (3,215 ounces) and is 53 centimeters (21 inches) in diameter, according to the Dorotheum’s website. The coin is worth 3.23 million euros ...
Full Article: World’s Biggest Gold Coin Auctioned for $4.02 Million - Bloomberg Businessweek
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Urban legends have a nasty habit of spreading once their seed has been planted. It appears some carelessly made remarks from a local Toronto merchant that were followed by a report on a television station investigating those remarks may have initiated the latest concerns blossoming into a numismatic urban legend that Canada’s $2 "toonie" coin is being widely counterfeited ...
Full Article: Counterfeit $2 'Toonie' an Urban Legend - NumisMaster
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The Royal Canadian Mint is honoured that its Vancouver 2010 commemorative circulation coin program has won global acclaim as the Best New Coin Series at the third "Excellence in Currency" Awards held in conjunction with the 2010 Currency Conference of the International Association of Currency Affairs (IACA) in Buenos Aires, Argentina.
The Mint is also pleased that a new series of circulation coins it produced for the Central Bank of Fiji received a Runner-Up Award in the same category.
The series of 17 circulation coins, consisting of 15 25-cent coins and two "Lucky Loonie" one-dollar circulation coins prevailed over several high-calibre entries competing for this prestigious recognition ...
Full Article: Canadian 2010 Vancouver Commemoratives Honored - CoinNews
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A cousin of T-Rex is on the loose as the Royal Canadian Mint rolls out a new dinosaur collector coin just in time for the Canadian Museum of Nature’s long-awaited re-opening and centennial celebration weekend, from May 22 to May 24, 2010.
The Mint has taken this coin’s life-like motion of its lenticular technology to new heights with a 15-frame animation of a fearsome Daspletosaurus Torosus prowling the Museum’s grounds in downtown Ottawa.
Available to the public since May 3, 2010, this 50-cent brass-plated steel lenticular coin is the first of a series of three coins to be issued in 2010 featuring realistic animations of dinosaurs ...
Full Article: Canadian Dinosaur Coin - Daspletosaurus Torosus - CoinNews
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Earlier this month, the 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 1/25 oz. pure gold coin honoring the RCMP; the Birds of Canada 25-cent coin series celebrating the colorful Goldfinch; and the 99.999% pure gold Canadian Floral Emblems series featuring Manitoba’s Prairie Crocus.
Here is a closer look at some unique attributes of each coin ...
Full Article: Canadian Spring Collector Coins - CoinNews
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It will still rain pennies from heaven and senators can still walk into the Red Chamber wearing penny loafers but the future of the once-cent coin needs some sober second thought, apparently.
Conservative Irving Gerstein successfully proposed that the Senate national finance committee look at the usefulness and cost of the penny to Canadian taxpayers ...
Full Article: Senators give penny some thought - The Globe and Mail
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